3 Bedroom Terraced House Sold in Ferryhill, DL17
| Reference | 52688 |
| Address |
Brunel Street, Ferryhill, DL17 8NX (Map Location) |
| Beds | 3 |
| Baths | 1 |
| Type | Terraced house |
| Tenure | Freehold |
Located at Brunel Street, Ferryhill, Durham, DL17 8NX, this three-bedroom, three-bathroom mid-terrace home presents an attractive buy-to-let opportunity. The property benefits from gas central heating, Council Tax Band A, and freehold tenure. The home is currently tenanted, providing immediate rental income from day one. AMRP Relocations currently manage the property and can continue management for a new owner if required.
Description
Key Investment Highlights
Fixed Price: £39,999
Gross Yield: 16% (Rent £525 pcm)
Tenanted Investment – Immediate Income Stream
Freehold
Estimated Market Value: £58,000 (online valuation estimate)
Three Bedrooms & Three Bathrooms
This mid-terrace property in Ferryhill offers a strong income-producing investment with a sitting tenant, full compliance documentation, and a competitive entry price.
Property Overview
Located at 37 Brunel Street, Ferryhill, Durham, DL17 8NX, this three-bedroom, three-bathroom mid-terrace home presents an attractive buy-to-let opportunity. The property benefits from gas central heating, Council Tax Band A, and freehold tenure.
The home is currently tenanted, providing immediate rental income from day one. AMRP Relocations currently manage the property and can continue management for a new owner if required.
Accommodation & Layout
The property offers:
Three bedrooms
Three bathrooms
Mid-terrace layout
Gas central heating
Freehold tenure
A video inspection is available via the following link:
https://my.inventorybase.com/generate/task/633706ff-f232-4857-a8c3-ef07d2387468
Tenancy & Financial Details
Current Rent: £525 per calendar month
Management Fee: £75.60 (12% + VAT)
Net Rent After Management: £449.40 per month
Tenant Status: Tenanted
Sourcing Fee Payable: £2,500 (AMRP Buy To Let Advisory Services Limited)
Stamp Duty: NIL (subject to current regulations)
Compliance Certificates
All compliance is in place:
Gas Safety Certificate Expiry: 03/04/2026
EICR Expiry: 24/02/2026
EPC Rating: Current D-68, Potential B-85
EPC Expiry: 21/06/2032
Selective Licence Required: Yes – current licence held by AMRP
Council Fee: £550
Admin Fee for Application: £240 (incl. VAT)
If the new owner chooses to retain AMRP’s management services, the existing Selective Licence can be updated for the new landlord. If opting for alternative management or self-management, a new licence application will be required.
Location Overview
Ferryhill is a popular rental area with strong demand for affordable housing. The property is situated close to local amenities, schools, transport links and employment hubs, making it a stable option for long-term rental income.
Additional Information
A full inspection video is available, and further documentation can be provided upon request.