Low-cost two-bedroom terrace with renovation potential near Ferryhill amenities.
Freehold two-bedroom mid-terrace, approx. 662 sq ft
Council Tax Band A — very cheap running costs for band
Short walk to Ferryhill centre, shops, pubs and local amenities
Good local primary schools (one Outstanding, one Good)
Electric storage heaters; likely high heating costs
Cavity walls assumed uninsulated — upgrade recommended
Very small plot; paved yard, no garden
Area: very deprived; lower price, limited capital growth potential
This two-bedroom mid-terrace in Ferryhill offers an affordable entry to homeownership or a low-entry investment opportunity. The house is freehold, in Council Tax Band A, and sits close to the town centre with everyday amenities, good primary schools and reliable transport links within walking distance.
Internally the layout is traditional and practical: large reception room, kitchen, two bedrooms and a bathroom across approximately 662 sq ft. A paved yard provides low-maintenance outdoor space. The property retains period brick exterior character from the 1930–1949 era and benefits from double glazing (installation date unknown).
There are clear areas for improvement. Heating is by electric storage heaters and the cavity walls are assumed uninsulated, which likely raises running costs and could need upgrading. The plot is very small with no garden and rooms are average-sized; the property will suit buyers prepared to modernise rather than those seeking move-in-perfect condition. The wider area is classified as very deprived, which affects long-term capital growth prospects but keeps purchase price and local living costs low.
For first-time buyers or investors this is a practical, low-cost proposition: immediate occupation or straightforward refurbishment for rental. Buyers should budget for insulation, heating upgrades and general modernisation works to improve comfort and energy efficiency.
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