Summary - 46 NEWTON STREET FERRYHILL DL17 8PW
2 bed 1 bath Terraced
Turn-key rental with immediate income and renovation potential.
- Freehold two-bedroom Victorian terrace
- Fully let with immediate rental income (£450 pcm)
- Marketed potential yield about 9.8%
- Modern fitted kitchen and good digital connectivity
- Small rooms and a small rear plot
- High local crime and very deprived area
- Sold at auction: 10% deposit and buyer’s premium
- 28-day completion requirement, legal pack advised
A two-bedroom Victorian terrace in Ferryhill offered freehold and sold at online auction. The property is fully let, producing immediate rental income and showing a marketed yield near 9.8%. The compact footprint and traditional facade reflect the terraced streets of this small town fringe.
This is a practical buy-to-let or small renovation project for an investor seeking near-term income. The kitchen is modern and appliances are integrated; broadband and mobile signal are strong. Council tax costs are very low, and the property benefits from proximity to local amenities and two nearby secondary schools rated Good.
Buyers should factor in the auction conditions: unconditional sale, 10% deposit and buyer’s premium, and a strict 28-day completion. The area shows high crime rates and very high deprivation, and rooms and the garden/plot are small. The lot is best suited to those comfortable with auction purchase risk and an urban rental location rather than family buyers seeking space or a quiet neighbourhood.
2 bedroom terraced house for sale in Broom Cottages, Ferryhill, County Durham, DL17 — £50,000 • 2 bed • 1 bath • 861 ft²
3 bedroom terraced house for sale in Darlington Road, Ferryhill, DL17 — £75,000 • 3 bed • 2 bath • 1206 ft²
2 bedroom terraced house for sale in Stratford Gardens, Ferryhill, DL17 — £80,000 • 2 bed • 1 bath • 775 ft²
3 bedroom end of terrace house for sale in George Street, Ferryhill, County Durham, DL17 — £39,995 • 3 bed • 1 bath • 820 ft²
2 bedroom terraced house for sale in Darlington Road, Ferryhill, DL17 — £55,000 • 2 bed • 1 bath • 1033 ft²
3 bedroom terraced house for sale in Westcott Terrace, Ferryhill, County Durham, DL17 — £60,000 • 3 bed • 1 bath • 858 ft²
