This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/16
£75,000
3 bedroom Mid Terrace House for sale, Gladstone Terrace, Ferryhill, Durham, DL17
Features and Description
- Three Bedroom Terraced Property
- With Sitting Tennant - 7-8% Yield
- Three Bedrooms
- EPC - E
- Council Tax - Band A
- Approx. 86sqm/926sqft Accommodation.
We are pleased to offer this attractive three-bedroom mid-terrace property, presenting an excellent investment opportunity with a sitting tenant in place, currently generating a strong yield of approximately 7–8%. For owner-occupiers, the property can be purchased with vacant possession if required, however completion cannot take place prior to May 2026, offering flexibility to suit a range of buyers.
The property has recently benefited from refurbishment works, ensuring a well-maintained, low-maintenance asset and an appealing home for tenants. Internally, the accommodation comprises an entrance hall leading into a spacious open-plan lounge and dining area, featuring a cozy fireplace and staircase to the first floor. The kitchen is well equipped with a new freestanding electric cooker and hob, along with space for a washing machine, tumble dryer, and fridge. The ground floor bathroom includes a bath with shower attachment, WC, and wash basin.
To the first floor are three well-proportioned bedrooms, offering versatile accommodation suitable for families or professional tenants.
Externally, the property benefits from steps leading to the front entrance with a small gravelled area. To the rear is an enclosed, low-maintenance garden with artificial grass, a paved seating area, and gated rear access. On-street parking is available to the front of the property.
Located in the popular area of Ferryhill, the property is conveniently positioned close to local amenities and transport links, making it a consistently desirable rental location.
Early viewing is highly recommended to appreciate the investment potential and flexibility this property has to offer.
ADDITIONAL NOTES:
EICR expires September 2030
CP12 expires August 2026
New Boiler August 2025
New Consumer Unit July 2025
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Gladstone Terrace, Ferryhill, Durham, DL17
Additional Information
-
Property refQDR250467
-
EPCE
-
TenureFreehold
-
Council TaxA
-
Local authorityDurham County Council
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Your Move Estate Agents Durham
Your Move Durham
89 Elvet Bridge, Durham, DH1 3AG
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