Visum says ..
Property number 52869. *Potential BBBR Project *Available at - £57,500 * Similar addressess - Same Street - Advertised at OIEO - £70,000 * Conservative future rental of - £550PCM * 9.4% Yield - Easily Achiveed based on a conservative rent level
Property Oracle says ..
This is a three-bedroom terraced house located in Ferryhill, County Durham. The property is listed for £57,500. It has two bathrooms. The house requires renovation, particularly in the kitchen and bathrooms. The location is near local schools. The price appears competitive given the local market, but the condition should be factored in.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 4
- Location
- 6
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 2
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Metrics Year-on-Year
- Average area value
- 86,160.00 £Decreased by 42.91 %
- Average area rental value
- 519.00 £/moIncreased by 4.22 %
- Est rental Yield
- 7.23 %Increased by 82.58 %
- Crime Rate
- 55.00 %Unchanged by 0.00 %
Agent Activity
Visum created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ferryhill Station Primary School | Community School | Requires improvement | 0.20 KM |
| Cleves Cross Primary And Nursery School Academy | Academy Converter | 1.79 KM | |
| Broom Cottages Primary & Nursery School | Community School | Requires improvement | 2.15 KM |
| The Woodlands | Pupil Referral Unit | Good | 2.15 KM |
| West Cornforth Primary School | Community School | Outstanding | 3.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Gipsy Lane | £ 55,500 | 0 | 0.00 KM |
| Richmond Close | £ 86,500 | 0 | 0.00 KM |
| Gypsy Lane | £ 0 | 0 | 0.00 KM |
| Auckland Road | £ 89,995 | 0 | 0.00 KM |
| Ivy Cottages | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newton Aycliffe | 7834 | NAY | 9.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Encombe Terrace, Ferryhill, DL17 | £ 57,500 | BUY | 5 / 10 | 0.00 KM |
| Encombe Terrace, Ferryhill, County Durham | £ 70,000 | BUY | 6 / 10 | 0.01 KM |
| Carlton Street, Ferryhill, Durham, DL17 0DX | £ 45,000 | BUY | Unknown | 0.19 KM |
| Arthur Terrace, Ferryhill | £ 69,950 | BUY | 6 / 10 | 0.20 KM |
| Carlton Street, Ferryhill, DL17 0 | £ 25,000 | BUY | 4 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Encombe Terrace | £ 62,500 | 0.01 KM |
| 3 Encombe Terrace | £ 87,000 | 0.01 KM |
| 13 Encombe Terrace | £ 87,950 | 0.01 KM |
| 14 Encombe Terrace | £ 33,000 | 0.01 KM |
| 17 Encombe Terrace | £ 61,000 | 0.01 KM |