Summary - 15 BRUNEL STREET FERRYHILL DL17 8NX
2 bed 1 bath Terraced
Two-bed terrace with strong rental yield and refurbishment potential.
Currently tenanted at £475 pcm — immediate rental income
This mid-terrace two-bedroom property on Brunel Street offers a compact, traditional layout and clear rental potential. Currently let at £475 pcm, the purchase price of £50,000 produces an attractive gross yield for investors prepared to manage and upgrade the property.
Accommodation includes a large lounge, dining kitchen and two bedrooms across approximately 718 sq ft. The house benefits from double glazing (install date unknown), mains gas central heating and a low-maintenance enclosed rear yard. The roof and Victorian brickwork present character and solid bones typical of homes built 1930–1949.
The house requires modernisation and some cosmetic work to maximise value — the listing reflects this. The area is classified as very deprived with high local crime rates, so viewings and lettings should be managed with appropriate precautions. Transport links and local amenities are convenient, and nearby schools include an Outstanding primary and two Good secondaries.
Suited to a hands-on investor or small refurbishment project, this property offers immediate rental income and scope to improve capital value through targeted upgrades. Buyers should factor in renovation costs, local market dynamics and tenancy management when evaluating the purchase.
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