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2 bed terraced house
5 Kelvin Street, Ferryhill, County Durham DL17
Auction
£31,500
-1.6%
Next Steps
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Price History
Initial price £32,000
Jul 9, 2026 £31,500
Price Change -1.6%
Our Summary
- For sale by online auction on Tuesday, 21 Jul 2026 ending at 11:00two bed mid terrace in ferryhillAuction 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
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
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Description
The property is a two-bedroom mid-terraced house on Kelvin Street, Ferryhill, offering £85 per week rental income. The property is in a generally tired condition and requires refurbishment and modernisation, but offers potential to enhance rental return and capital value. It is located close to local shops, schools, and everyday amenities, and benefits from good transport links to Durham, Bishop Auckland, and the A1(M).