Summary - 137 BRANCEPETH ROAD FERRYHILL DL17 8QR
3 bed 1 bath End of Terrace
Long-term tenanted three-bedroom with uplift potential and small garden.
Freehold 3-bedroom end-terrace producing £6,600 pa income
A buy-to-let opportunity in Ferryhill offering immediate rental income and long-term occupation. This three-bedroom end-terrace is currently tenanted, producing a gross annual income of £6,600 with potential to rise to around £7,560 at market rent. The property is freehold and sits on a small plot with modest rear garden space.
Accommodation is straightforward: lounge, kitchen, bathroom and three bedrooms across two storeys. The living room is presented with neutral decor and wooden flooring; overall the house is of small to average size (approximately 786 sq ft) and suits investors seeking steady rental returns rather than a large family home. Broadband speeds are fast and mobile signal is excellent for tenants.
Note the local context: the area is classified as very deprived with average crime levels and a population of renting, hard-pressed workers. The property has been occupied by the same tenants for several years who intend to remain, so buyers should expect a sale with tenant in situ. A buyer’s premium will apply as part of the sale process.
This is a practical addition to a rental portfolio for investors or developers focused on steady yield and low void risk. The home is liveable as-is but offers scope for modest refurbishment to reach market rent and improve capital value. Important considerations are the property’s small overall size, single bathroom, and the surrounding area’s socioeconomic profile.
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