2 bed Terraced House For Auction
Watt Street, Ferryhill, Durham, DL17

TO BE SOLD BY ONLINE AUCTION ON 22ND JANUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

13 Watt Street, Ferryhill, County Durham, DL17 8PJ

This tenanted two-bedroom mid-terrace property is located in Ferryhill, County Durham, a small town that combines a quiet urban setting with easy access to the surrounding countryside, offering the best of both worlds.

The current tenant reportedly pays £325 per month, while rental values in the area are estimated at approximately £500 per month. This makes the property an ideal turn-key investment with potential for future use as serviced accommodation, such as Airbnb.

The property, which has not been inspected by Edward Mellor, is reported to include a living room, kitchen/diner, one double bedroom, one single bedroom, and a family bathroom. Externally, it features a rear yard, and on-street parking is available.

Here are a handful of similar properties taken from Land Registry which have sold close by:

39 Faraday Street, Ferryhill, DL17 8PD Sold - 11/04/2024 £73,999 Terraced 2 beds 0.13 mi

19 Rennie Street, Ferryhill, DL17 8NG Sold - 16/11/2023 £71,999 Terraced 2 beds 0.11 mi

62 Rennie Street, Ferryhill, DL17 8NG Sold - 16/11/2023 £71,999 Terraced 2 beds 0.11 mi

Ferryhill is a town in County Durham with a range of local amenities, schools, and transport links to nearby cities. The surrounding area includes countryside suitable for outdoor activities, making it a practical location for families and investors.

Tenure: Freehold

EPC rating: C

Sold as seen.

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