Dunning Road, Ferryhill, DL17

Overview

A freehold block of eight self-contained flats — four one-bedroom and four two-bedroom — in Ferryhill, County Durham, held on a single title. The block produces £36,480 per annum, a gross yield of approximately 10.42%.

Investment highlights

• Freehold block of eight self-contained flats (4 × 1-bed, 4 × 2-bed)
• Held on a single title
• £36,480 p.a. — approximately 10.42% gross
• Genuinely hands-off, fully self-contained income
• Accessible entry price in County Durham

Location & demand

Sitting between Durham City and Darlington, Ferryhill occupies central County Durham, with the A167 running through the town and the A1(M) close by. Tenants commute across the Durham area for work — the employment base behind rental demand across DL17.

What lets here is affordable, self-contained accommodation. The block produces £36,480 per annum across its eight flats — a gross yield of approximately 10.42% at an accessible County Durham entry price — and with the whole block held on a single freehold title, an investor buys one asset, one roof and eight separate income streams: diversified, genuinely hands-off income with none of the licensing or shared-facility overhead of an HMO.

The numbers

Asking price	£350,000
Gross rent pa	£36,480
Gross yield	c. 10.42%
Tenure	Freehold, single title
Units	8 self-contained flats (4 × 1-bed, 4 × 2-bed)