Summary - 21 GEORGE STREET FERRYHILL DL17 0DT
3 bed 1 bath End of Terrace
Renovation project near schools, sold at online auction to investors.
Chain free freehold three-bedroom end-terrace with pleasant outlook
Needs full renovation and modernisation throughout; works required
Solid brick walls likely uninsulated — consider wall insulation costs
Sold at auction: 10% deposit (min £3,000) and £2,400 admin fee
Selective licensing area; purchasers must comply with local licensing rules
Very small plot, no private off-street parking; on-street parking only
Good mobile signal and fast broadband; mains gas heating with radiators
Area classified as very deprived; factor in lettings demand and yields
This three-bedroom end‑terrace in Ferryhill is offered for sale by online auction and presented as an investment/refurbishment opportunity. The property is chain free, freehold, and sits on a very small plot with a pleasant outlook over nearby playing fields. It has traditional Victorian solid brick construction, double glazing, mains gas heating and an overall average internal size of about 820 sq ft.
The house requires renovation and modernisation — buyers should allow for interior works, potential insulation on solid walls, and general updating throughout. The property lies in a selective licensing area and the vendor advises purchasers to obtain a chartered surveyor’s report. There are no known building safety issues stated, but the marketing particulars have not been confirmed by the seller.
Practical sale details important to bidders: the lot is sold at auction with a 10% deposit payable on exchange (minimum £3,000) and an additional auction administration fee of £2,400 (inc. VAT). Completion is required within 28 days of exchange and bidding opens 24 hours before the 11 December start. Buyers should review the legal pack and satisfy themselves before bidding.
For investors, the property’s low guide price, three-bed layout, Council Tax Band A and proximity to local schools and amenities make it a candidate for refurbishment and re-let or resale. Note the area is classified as very deprived overall; factor this into appraisal, lease strategy and expected rental yields.
3 bedroom terraced house for sale in Kitchener Terrace, Ferryhill, DL17 — £45,000 • 3 bed • 1 bath • 819 ft²
3 bedroom terraced house for sale in Croft Gardens, Ferryhill, DL17 — £48,000 • 3 bed • 1 bath • 909 ft²
3 bedroom terraced house for sale in East View, West Cornforth, County Durham, DL17 — £67,000 • 3 bed • 1 bath
2 bedroom terraced house for sale in 46 Newton Street, Ferryhill, County Durham, DL17 8PW, DL17 — £38,000 • 2 bed • 1 bath
3 bedroom semi-detached house for sale in Raby Road, Ferryhill, DL17 — £85,000 • 3 bed • 2 bath
3 bedroom terraced house for sale in Encombe Terrace, Ferryhill, DL17 — £70,000 • 3 bed • 1 bath • 1048 ft²
