Eldon Terrace, Ferryhill, DL17

Overview

A freehold two-bedroom mid-terrace in Ferryhill, County Durham. The property is vacant and requires a full rip-out refurbishment throughout, a blank-canvas project offered at a low entry price reflecting its condition at a low entry price, well suited to a flip or a BRRR (buy, refurbish, rent, refinance) strategy.

Investment highlights

• Freehold two-bedroom mid-terrace
• Vacant, full rip-out refurbishment required
• low entry price, low entry price
• Ideal flip or BRRR project
• Ferryhill, County Durham

Location & demand

Eldon Terrace is in Ferryhill, central County Durham — just off the A167 and a short drive from the A1(M) at junction 61. Durham city lies to the north and Darlington to the south, both within commuting range, and local working tenants keep low-cost housing here steadily let.

The house itself is a freehold two-bedroom mid-terrace, vacant and in need of a full rip-out refurbishment throughout — a blank canvas offered at a low entry price that reflects its condition. That keeps the sums straightforward to read for a flip, or for a buy-refurbish-rent-refinance approach where the finished house is held and let to the local working market.

The numbers

Asking price	£33,000
Tenure	Freehold
Property	Two-bedroom mid-terrace
Occupancy	Vacant
Condition	Full rip-out refurbishment required
Strategy	Flip or BRRR