Buy to Let Properties
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- Eldon Terrace, Ferryhill, DL17
Eldon Terrace, Ferryhill, DL17
Asking Price
- £43,000
Location
Eldon Terrace, Ferryhill, County Durham
Size
-
Tenure
Freehold
Bedrooms
2
Type of property
Terraced
Current Rent
£0
Potential Rent
£600
Current Yield
16.7%
Potential Yield
16.7%
About this Property
Vacant 2-bed mid-terrace freehold in Ferryhill requiring refurbishment (water damage from burst pipe). Estimated £15,000 refurb cost. Post-refurbishment GDV £70,000–£80,000. Projected rental £500–£600 pcm once renovated. Strong BRRR opportunity — comparable flips on Eldon Terrace show £29,000–£39,000 purchase prices achieving £60,000–£75,000 refurbished. EPC D. Buyer fee of £3,000 applies.
Additional Information
Property type
Terraced
Bedrooms
2
Postcode
DL17 0AW