Guide price

£32,000

2 bed terraced house for sale
5 Kelvin Street, Ferryhill, County Durham DL17

    • 2 beds

  • EPC Rating: C

Just added
Auction
Added on 30/06/2026

About this property

    For sale by online auction on Tuesday, 21 Jul 2026 ending at 11:00

    two bed mid terrace in ferryhill

    Auction House are delighted to offer to the market this tenanted two-bedroom mid-terraced property situated on Kelvin Street, Ferryhill.

    The property is currently let at £85 per week, providing an immediate rental income for prospective investors. Whilst the property is in a generally tired condition and would benefit from refurbishment and modernisation in the future, it offers excellent potential to enhance both the rental return and overall capital value.

    Conveniently located close to local shops, schools and everyday amenities, the property also enjoys good transport links to Durham, Bishop Auckland and the A1(M), making it a popular location for tenants.

    An excellent opportunity to acquire an income-producing investment with scope for future improvement.Tenure: See Legal Pack

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    Additional Fees
    Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT

    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    Price Information
    * Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Additional Fees Information
    Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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    Monthly repayment

    £160 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.

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