Dales & Shires says ..
An excellent value and spacious 2 bed investment property. Currently tenanted at £475pm presenting an excellent rental yield. Some scope for modernisation, with potential. Enclosed rear yard. Pleasant front outlook.
Property Oracle says ..
This is a two-bedroom terraced property in Ferryhill, County Durham, listed for £50,000. The property’s location offers proximity to local schools and amenities. However, the internal condition suggests that the property requires renovation. It features a small rear yard. Given the average property price in the area, the list price represents good value, even with the need for improvements.
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
- 5
- Bedrooms
- 2
- Bathrooms
- 0
- Sqft (est)
- 715.64
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 86,160.00 £Decreased by 42.91 %
- Est sale value
- 86,592.44 £Increased by 21.00 %
- Average area rental value
- 519.00 £/moIncreased by 4.22 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 7.23 %Increased by 82.58 %
- Crime Rate
- 37.00 %Unchanged by 0.00 %
Agent Activity
Dales & Shires created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Dean Bank Children'S Centre | Children's Centre | 0.32 KM | |
| Dean Bank Primary And Nursery School | Community School | Good | 0.78 KM |
| Ferryhill Business And Enterprise College | Academy Converter | 1.07 KM | |
| Aycliffe Secure Services | Secure Units | 2.14 KM | |
| Broom Cottages Primary & Nursery School | Community School | Requires improvement | 2.17 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| B6287 | £ 45,000 | 0 | 0.00 KM |
| Rydal Road | £ 87,950 | 0 | 0.00 KM |
| Curlew Way | £ 0 | 0 | 0.00 KM |
| The Garth | £ 250,000 | 0 | 0.00 KM |
| East View | £ 69,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newton Aycliffe | 7834 | NAY | 8.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Brunel Street, Ferryhill | £ 50,000 | BUY | 5 / 10 | 0.00 KM |
| Brunel Street, Ferryhill, DL17 8NX | £ 39,999 | BUY | 5 / 10 | 0.00 KM |
| Stephenson Street, Ferryhill, DL17 | £ 50,000 | BUY | 5 / 10 | 0.10 KM |
| Faraday Street, Dene Bank, Ferryhill, DL17 | £ 50,000 | BUY | 5 / 10 | 0.11 KM |
| Faraday Street, Ferryhill | £ 39,950 | BUY | Unknown | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Brunel Street | £ 43,000 | 0.01 KM |
| 26 Brunel Street | £ 32,500 | 0.01 KM |
| 23 Brunel Street | £ 35,000 | 0.01 KM |
| 25 Brunel Street | £ 76,999 | 0.01 KM |
| 40 Brunel Street | £ 40,000 | 0.01 KM |