Summary - 36 PARKER TERRACE FERRYHILL DL17 8JT
3 bed 1 bath Terraced
**Key Features:**
- No chain and freehold property
- Current rental income of £450 PCM with sitting tenant
- Three bedrooms and one bathroom
- Two reception rooms: spacious lounge and separate dining room
- Enclosed rear courtyard with secure gated access
- Located close to shops, cafes, and essential amenities
- Excellent mobile signal and fast broadband speeds
- Council tax: very low
This Victorian terraced house makes an ideal investment opportunity, offering immediate rental income with a tenant already in place, and is located just moments from a vibrant town square in DL17. The property boasts an inviting entrance hall, leading to a light-filled lounge with a charming fireplace, plus a separate dining room perfect for gatherings. The fitted kitchen and utility space cater to all your cooking needs.
Upstairs, three well-proportioned bedrooms provide ample living space, with the family bathroom designed for easy maintenance. An enclosed rear courtyard offers a private area for relaxation. While the property does sit in a high-crime area, which may concern some buyers, it also presents the potential for renovation to enhance value and comfort. The local schools receive mixed ratings; however, the community atmosphere and proximity to amenities make this property a compelling choice for first-time buyers and investors. With its attractive price point of £60,000 and potential for future appreciation, this opportunity won’t last long!
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