£73,000

(£9/sq. ft)

2 bed terraced house for sale
Coronation Terrace, Ferryhill DL17

    • 2 beds

    • 1 bath

    • 1 reception

    • 8,400 sq. ft

  • EPC Rating: D

Just added
Freehold
Added on 16/07/2026

About this property

  • Quote Ref: 809927 when calling

An excellent opportunity to acquire this two-bedroom terraced house, offered for sale with a long-term sitting tenant currently generating £600 pcm (£7,200 per annum), providing immediate rental income from completion.

Situated in a popular residential location close to Ferryhill, the property benefits from convenient access to local amenities, schools, and transport links, making it an attractive and sustainable rental investment.

The accommodation offers two well-proportioned bedrooms and presents scope for future capital growth and value enhancement through selective modernisation, allowing investors to increase both rental yield and market value over time.

Key Features:

Two-bedroom terraced house

Sold with sitting tenant in place

Current rental income of £600 pcm (£7,200 per annum)

Immediate investment opportunity

Established buy-to-let property

Popular residential location

Excellent access to Ferryhill and surrounding transport links

Potential to add value through refurbishment and modernisation

Entrance Hall

UPVC door leading into hallway

Living Room

With bay window

Kitchen

A fitted galley-style kitchen comprising a range of wall and base units with contrasting work surfaces, incorporating a stainless steel sink and drainer, cooker, and extractor hood. A large side-facing window while the practical layout offers ample storage and workspace. Finished with wood-effect flooring and offering scope for modernisation to suit individual tastes

Bathroom

This modern bathroom offers a bright, contemporary feel with a smart, space‐efficient layout. Finished with white ceramic fixtures and a glass‐enclosed shower, the room delivers both style and practicality

Bedroom 1

Window and radiator

Bedroom 2

Window and radiator

Disclaimer

Identification Requirements

In line with current anti-money laundering legislation, prospective purchasers will be required to provide proof of identity at a later stage. We kindly ask for your cooperation to avoid any unnecessary delays in the transaction process.

General Note

We aim to ensure that the property details provided are fair, clear and as accurate as possible. However, they are intended only as a general guide. If there is any aspect that is particularly important to you, please get in touch with us for clarification-especially if you're planning to travel a significant distance to view the property

Disclaimer

Measurements

All measurements given are intended for general guidance and should not be relied upon as exact. Please verify any critical dimensions independently before making decisions based on them.

Services and Appliances

We have not carried out tests on any of the services, systems, or appliances within the property. Buyers are therefore strongly encouraged to arrange for their own inspections or reports before proceeding with an offer.

Disclaimer

These particulars are provided in good faith but do not form part of any offer or contract. All information should be independently verified by the buyer or tenant. Neither the selling agents nor their representatives have authority to make or imply any warranty or representation regarding the property

Mortgage calculator

Monthly repayment

£365 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Freehold

  • Council tax band

    A

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