Summary -
20 DAVY STREET,DEAN BANK,FERRYHILL,DL17 8PN
DL17 8PN
3 bed 1 bath Terraced
Three-bedroom income property with tenancy and compliance in place, ideal for yield-focused buyers.
- Freehold three-bedroom terraced house, immediate rental income
- Tenanted — property sold with tenant to remain in situ
- Gas central heating and double glazing; EPC current C-76
- Compliance: valid Gas Safety and EICR certificates supplied
- Selective licence required; council fee applies on transfer
- Buyer sourcing fee payable on purchase (confirm amount)
- Small plot, on-street parking only; limited external space
- Located in a very deprived area with high local crime rates
A three-bedroom freehold terraced house offered as a low-cost investment with an existing tenancy in place. The property benefits from gas central heating, double glazing and a recently assessed EPC (current C-76, potential B-89), supporting future energy efficiency improvements. A small modernised kitchen and functional bedrooms mean minimal tenant disruption on takeover.
This is a straightforward, cash-price opportunity for a buy-to-let portfolio seeking immediate income continuity. The incoming purchaser should expect on-street parking only, a small plot, and limited living space typical of blue-collar terraced homes in this area. Compliance certificates are provided (valid gas safety and EICR) but buyers must verify all documentation and tenancy details during due diligence.
Material considerations: the property sits in a very deprived area with higher-than-average crime levels and a selective licensing regime. The sale is offered with the tenant to remain in situ; purchasers must budget for licence transfer fees and a purchaser sourcing fee. This asset suits investors comfortable operating in challenged rental neighbourhoods and prepared for licence administration and routine maintenance.
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