Summary - 5 PROSPECT TERRACE NEW BRANCEPETH DURHAM DH7 7EJ
2 bed 1 bath Terraced
Low-entry investment with tenant in place and scope to add value.
Freehold two-bedroom mid-terrace, approx 810 sq ft
A straightforward two-bedroom mid-terrace on Prospect Terrace offered as a freehold investment with a current tenant in place. The house retains period character externally and benefits from double glazing and a gas central heating system, making it a rentable proposition with minimal immediate works.
Internally the layout is practical: a combined lounge/dining room, kitchen and bathroom to the ground floor, and two double bedrooms upstairs across roughly 810 sqft. Wooden flooring and a feature fireplace in the front reception add charm, while a small private rear yard provides basic outdoor space. On-street parking is available to the front.
The property sits in a predominantly blue-collar, deprived locality where rental demand can be steady but capital growth may be limited. It requires modernisation to increase rent or achieve higher resale value; the EPC is grade D and the particulars state services and appliances have not been tested. Council Tax Band A and low local crime are positives for running costs and tenant appeal.
This will suit a buy-to-let investor or someone seeking a project to refurbish and relet. Expect modest yields at a low entry price of £80,000, balanced by the need for updating and limited plot size. Buyers should verify tenancy terms, service condition and local lettings demand before committing.
2 bedroom end of terrace house for sale in Hawthorne Terrace, Durham, DH7 — £74,995 • 2 bed • 1 bath
4 bedroom terraced house for sale in Edward Terrace, New Brancepeth, Durham, DH7 — £110,000 • 4 bed • 2 bath • 1204 ft²
2 bedroom terraced house for sale in Cookson Terrace, Chester Le Street, DH2 — £85,000 • 2 bed • 1 bath • 699 ft²
2 bedroom terraced house for sale in Frederick Street North, Meadowfield, Durham, DH7 — £85,000 • 2 bed • 1 bath • 760 ft²
2 bedroom terraced house for sale in Park Road, Consett, Durham, DH8 5EB, DH8 — £100,000 • 2 bed • 1 bath • 747 ft²
2 bedroom terraced house for sale in Prospect Terrace, New Brancepeth, Durham, DH7 — £74,950 • 2 bed • 1 bath
