£55,000
2 bed terraced house for saleBessemer Street, Dean Bank, Ferryhill, County Durham DL17
2 beds
1 bath
1 reception
EPC Rating: C
Seven Keys
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About this property
Two-bedroom mid-terraced house
Fully tenanted investment
Rent: £425 pcm (£5,100 per annum)
Lease term remaining: 6 years
Rent review / increase clause due November 2028
Freehold
Hands-off investment opportunity
An opportunity to acquire a fully let two-bedroom mid-terraced property in Ferryhill, County Durham, producing an annual rental income of £5,100.
The property is leased to a Charity tenant providing investors with a secure income stream and reduced day-to-day management involvement. The current lease has approximately 6 years remaining, with a scheduled rent review due in November 2028, offering potential for future income growth.
The property comprises a lounge, kitchen, two bedrooms, and bathroom, and is situated within an established residential location with strong demand for affordable housing.
Ferryhill is a well-established County Durham town positioned between Durham, Darlington and Bishop Auckland, benefiting from good transport links and continued demand from both private and supported housing sectors.
Please get in touch to book a viewing.
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