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2 bed terraced house
5 Kelvin Street, Ferryhill, County Durham DL17 8PA
£31,500
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Our Summary
- TWO BED MID TERRACE IN FERRYHILL TWO BED MID TERRACE IN FERRYHILL Auction House are delighted to offer to the market this tenanted two-bedroom mid-terraced property situated on Kelvin Street, Ferryhill
- Whilst the property is in a generally tired condition and would benefit from refurbishment and modernisation in the future, it offers excellent potential to enhance both the rental return and overall capital value
- An excellent opportunity to acquire an income-producing investment with scope for future improvement
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Description
The property is a two-bedroom mid-terraced house located on Kelvin Street in Ferryhill, conveniently situated near local shops, schools, and amenities with good transport links to Durham, Bishop Auckland, and the A1(M). It is currently let at £85 per week and has an EPC rating of C. The property is in a generally tired condition and would benefit from refurbishment and modernisation.