Summary - 19 DARLINGTON ROAD FERRYHILL DL17 8JP
2 bed 1 bath Terraced
Low-priced, tenant-in-place rental asset with immediate income.
Freehold Victorian mid-terrace, two bedrooms, 1,033 sq ft
A two-bedroom Victorian mid-terrace offering straightforward buy-to-let income in Ferryhill. The property is freehold, sits on a small plot with a rear private garden and currently produces a gross rental income of £5,940 per year with long-term tenants in situ. Internal photos and descriptions show a modernised living/dining space and practical accommodation across two floors.
This is aimed squarely at investors or developers seeking an income-producing addition to a portfolio. The low asking price and existing tenancy reduce immediate void risk and allow a purchaser to plan medium-term rental growth or targeted refurbishment. The property footprint is about 1,033 sq ft, which supports two bedrooms and public rooms suited to the local rented market.
Buyers should note material negatives plainly: the property sits in a very deprived area with high local crime rates and challenged local demographics. On-street parking only and a small rear garden limit kerb appeal for some tenants. A buyer will also need to review the Let Property Pack and tenancy documentation; a buyer’s premium applies to secure the sale.
Overall, this offers clear investment potential through immediate rental income and scope for value-add improvement, balanced against location-related letting risks and limited outdoor space. Suitable for experienced landlords or developers who can factor area considerations into yield calculations.
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