Period semi with large garden and strong value for buyers ready to renovate..
3 bedroom Edwardian semi‑detached with stone façade and bay/dormer windows
Large rear garden with extension potential subject to planning consent
Sold at auction; £155,000 guide — £65,000 below home‑report valuation
Needs substantial renovation throughout; dates from 1980s interiors in places
Buyer’s premium applies (3.6% of purchase price; min £3,600)
Council Tax Band F — comparatively expensive ongoing cost
Freehold tenure; no flood risk and fast broadband/mobile signal
Area classified as deprived and nearby student neighbourhoods — possible noise
This three-bedroom Edwardian semi offers clear upside for buyers willing to renovate. Set on Great Southern Road, the property is freehold with a large rear garden and permitted extension potential (subject to planning). The stone façade, bay and dormer windows preserve character while the interior requires a full programme of modernisation.
Priced at £155,000 — £65,000 below the home‑report valuation of £220,000 — the lot will be sold at auction. Prospective purchasers should budget for the buyer’s premium (3.6% of the purchase price, minimum £3,600) and for renovation costs. Council Tax Band F is charged here, and the wider area is classified as deprived, factors that affect running costs and resale timing.
The location in Ferryhill offers good transport links, nearby shops, parks and easy access to the city and railway. Fast broadband and excellent mobile signal suit home‑working or short‑let use. This house could suit an investor seeking refurbishment and rental income, or an owner‑occupier prepared to modernise into a comfortable family home.