81 Church Lane, Ferryhill, County Durham, DL17 8LT
By Davies Auctions
£ 10,000
Reviews
1 out of 5 stars
Davies Auctions says ..
Guide Price £10,000.00 For Sale by online auction. Bidding will open at 11:25 19/02/25 and bidding will close at 12:25 19/02/25 A Freehold Vacant Two Bedroom End-Terrace Property Accommodation: First floor: Two bedrooms, bathroom/wc Ground floor: Reception room, kitchen Outside...
Property Oracle says ..
This property at 81 Church Lane, Ferryhill, County Durham, is a two-bedroom terraced house listed at a remarkably low price of £10,000. The listing highlights its need for complete renovation. The interior photos reveal a property requiring extensive work, including flooring, walls, and possibly plumbing and electrical systems. The exterior shows a typical terraced house, but the lack of garden or significant outdoor space is a drawback. The location, while near several primary schools, is not explicitly described as particularly desirable, and the lack of information on nearby amenities and transport links (beyond a train station 9km away) hinders a complete assessment. The low price reflects the extensive work needed but could also present an opportunity for a buyer willing to invest time and money in a refurbishment project. However, the absence of key details like the property’s square footage and plot size makes a thorough valuation challenging. Potential buyers should conduct a thorough survey and factor in the significant costs associated with renovation before making an offer. The lack of bathroom information is also a concern and needs to be clarified. Overall, this is a high-risk, high-reward investment opportunity for experienced renovators or investors with a clear understanding of the local market and the scope of work required.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 3
- Location
- 4
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 0
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 %
- Average area rental value
- 519.00 £/moIncreased by 4.22 %
- Est rental Yield
- 7.23 %Increased by 82.58 %
- Crime Rate
- 102.00 %Unchanged by 0.00 %
Agent Activity
Davies Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Dean Bank Primary And Nursery School | Community School | Good | 0.39 KM |
| Dean Bank Children'S Centre | Children's Centre | 0.84 KM | |
| Broom Cottages Primary & Nursery School | Community School | Requires improvement | 1.03 KM |
| The Woodlands | Pupil Referral Unit | Good | 1.03 KM |
| Cleves Cross Primary And Nursery School Academy | Academy Converter | 1.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| B6287 | £ 45,000 | 0 | 0.00 KM |
| The Garth | £ 250,000 | 0 | 0.00 KM |
| Rydal Road | £ 87,950 | 0 | 0.00 KM |
| Curlew Way | £ 0 | 0 | 0.00 KM |
| East View | £ 69,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newton Aycliffe | 7834 | NAY | 9.13 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 81 Church Lane, Ferryhill, County Durham, DL17 8LT | £ 10,000 | BUY | 3 / 10 | 0.00 KM |
| Market Street, Durham, Ferryhill and land at Church Road, Ferryhill, Durham, DL17 8JN | £ 70,000 | BUY | 4 / 10 | 0.03 KM |
| Church Lane, Ferryhill, County Durham, DL17 | £ 40,000 | BUY | 5 / 10 | 0.04 KM |
| Parker Terrace, Ferryhill, County Durham, DL17 | £ 60,000 | BUY | Unknown | 0.06 KM |
| Church Lane, Ferryhill | £ 74,950 | BUY | 5 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 64 Church Lane | £ 62,000 | 0.04 KM |
| 88 Church Lane | £ 33,000 | 0.04 KM |
| 58 Church Lane | £ 60,000 | 0.04 KM |
| 100 Church Lane | £ 21,000 | 0.04 KM |
| 61 Church Lane | £ 51,500 | 0.04 KM |