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£50,000

Siemens Street, Ferryhill, County Durham, DL17

  • 2 beds
Terraced house
Under offer/SSTC

£50,000

  • 2 beds
Terraced house
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Estimate monthly mortgage payment:

£228 per month

Minimum deposit amount:

£2,500
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Introducing a fantastic opportunity for first-time buyers or investors, this traditional terraced house offers the perfect blend of convenience and potential. Located in close proximity to the town centre, residents can enjoy easy access to a variety of local shops and bus services connecting them to neighbouring towns and villages. Featuring two bedrooms, this property presents an ideal space for a small family or individuals seeking a comfortable living arrangement. The inclusion of gas central heating ensures warmth and comfort throughout the property, while the wooden double glazed windows contribute to both insulation and security. These features make the house an appealing and competitive option in the market. The bathroom showcases a well-appointed suite complete with a separate shower cubicle, offering convenience and versatility for the residents. Situated across from Dean Bank Primary School, this property benefits from a convenient location for families with young children, providing easy access to education and fostering a sense of community. Additionally, the potential gross rental yield of approximately 10% makes this property an attractive prospect for investors seeking a promising return on their investment. With its desirable features, convenient location, and strong rental potential, this two-bedroom mid-terrace house is certain to generate considerable interest in the market.

Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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