Summary - 29 NORTH STREET FERRYHILL DL17 8HX
3 bed 1 bath End of Terrace
**Standout Features:**
- Historic charm: Edwardian end terrace dating back to 1900
- Spacious layout with three reception rooms, including a garden room
- Three good-sized bedrooms and a family bathroom
- High ceilings enhancing the sense of space
- Current tenant generating a 7% gross yield, with an annual rental income of £8,400
- Freehold tenure, providing stability and flexibility
**Potential Downsides:**
- In a high-crime area with notable deprivation
- Average outdoor space, primarily small gardens
**Summary:**
Discover a character-rich, bay-windowed end-of-terrace property, dating back to 1900 in the vibrant Ferryhill market area. This home offers a blend of historical charm and modern functionality, featuring three generously sized reception rooms, including a cozy garden room at the rear. With three spacious bedrooms and a family bathroom, it’s perfect for a small family or investors seeking rental opportunities. The high ceilings create an airy atmosphere throughout, while a current tenant delivers a steady 7% gross yield.
Given its prime location, just 7 miles from Durham and 13 miles from Darlington, this property blends urban convenience with local amenities, including schools with high Ofsted ratings and an array of shops and services. While the property sits in an area marked by high crime and deprivation, its unique charm and strong rental potential make it a compelling opportunity for first-time buyers or savvy investors looking to capitalize on a property with future renovation potential. Don’t miss your chance to secure a slice of history in a community poised for growth!
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