£73,000
(£81/sq. ft)
2 bed terraced house for saleCoronation Terrace, Ferryhill DL17
2 beds
1 bath
1 reception
904 sq. ft
EPC Rating: D
Added on
About this property
Quote Ref: 809927 when calling
An excellent opportunity to acquire this two-bedroom terraced house, offered for sale with a long-term sitting tenant currently generating £600 pcm (£7,200 per annum), providing immediate rental income from completion.
Situated in a popular residential location close to Ferryhill, the property benefits from convenient access to local amenities, schools, and transport links, making it an attractive and sustainable rental investment.
The accommodation offers two well-proportioned bedrooms and presents scope for future capital growth and value enhancement through selective modernisation, allowing investors to increase both rental yield and market value over time.
Key Features:
Two-bedroom terraced house
Sold with sitting tenant in place
Current rental income of £600 pcm (£7,200 per annum)
Immediate investment opportunity
Established buy-to-let property
Popular residential location
Excellent access to Ferryhill and surrounding transport links
Potential to add value through refurbishment and modernisation
Entrance Hall
UPVC door leading into hallway
Living Room
With bay window
Kitchen
A fitted galley-style kitchen comprising a range of wall and base units with contrasting work surfaces, incorporating a stainless steel sink and drainer, cooker, and extractor hood. A large side-facing window while the practical layout offers ample storage and workspace. Finished with wood-effect flooring and offering scope for modernisation to suit individual tastes
Bathroom
This modern bathroom offers a bright, contemporary feel with a smart, space‐efficient layout. Finished with white ceramic fixtures and a glass‐enclosed shower, the room delivers both style and practicality
Bedroom 1
Window and radiator
Bedroom 2
Window and radiator
Disclaimer
Identification Requirements
In line with current anti-money laundering legislation, prospective purchasers will be required to provide proof of identity at a later stage. We kindly ask for your cooperation to avoid any unnecessary delays in the transaction process.
General Note
We aim to ensure that the property details provided are fair, clear and as accurate as possible. However, they are intended only as a general guide. If there is any aspect that is particularly important to you, please get in touch with us for clarification-especially if you're planning to travel a significant distance to view the property
Disclaimer
Measurements
All measurements given are intended for general guidance and should not be relied upon as exact. Please verify any critical dimensions independently before making decisions based on them.
Services and Appliances
We have not carried out tests on any of the services, systems, or appliances within the property. Buyers are therefore strongly encouraged to arrange for their own inspections or reports before proceeding with an offer.
Disclaimer
These particulars are provided in good faith but do not form part of any offer or contract. All information should be independently verified by the buyer or tenant. Neither the selling agents nor their representatives have authority to make or imply any warranty or representation regarding the property
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Local area information
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
.png)