Arthur Street, Chilton, Ferryhill, DL17 0PZ
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Central heating
- Double glazed
- Parking
- BRRR Opportunity
- 24% BMV
- Rental Yield: 12%
- £12K Instant Equity
Description
Property number 52818. Enquire through Rightmove's messaging system and we'll respond within 5 minutes, 24/7
24% Below Online Value - Vacant 2 Bed Terrace - Video Inspection Available
19 Arthur Street, Chilton, Durham, DL17 0PZ
Fixed Price: £39,999
A freehold two-bedroom terraced house offered at a fixed price, presenting a potential below-market-value (BMV) investment opportunity. The property is currently vacant, is understood to be suitable for re-letting, and rental guidance suggests approximately £495 per calendar month when presented to the open market. A video inspection link is available.
Below Market Value (BMV) Snapshot
This opportunity is marketed on a BMV basis, using the online valuation figure provided:
Fixed Price: £39,999
Estimated Market Value (Online Valuation Tool – Guidance Only): £52,000
Indicative “Instant Equity” (Guide): £12,001
BMV Position (Guide): circa 24% below the online valuation
Rental Yield: 12%
All valuation figures are provided for guidance only and should be independently verified by the buyer (e.g., surveyor, comparable evidence, lender valuation).
Investment Summary
Bedrooms: 2
Bathrooms: 1
Tenure: Freehold
Property Type: Terraced house
Council Tax Band: A
Heating: Gas central heating
Status: Vacant
Stamp Duty: NIL (as provided)
Rental Figures (Guidance)
Provided for guidance based on a full market re-let at the current rate:
Rent Level (PCM): £495
Management Fee (12% + VAT): £71.28
Rent After Management: £423.72 PCM
Yield Stated (Guide): 12%
Rental figures and yield are guidance only and will depend on condition, compliance status, market demand and final specification.
Fees & Charges (Buyer to Note)
A sourcing fee is payable via AMRP Buy To Let Advisory Services Limited:
Sourcing Fee: £2,500 Total
Paid as:
£60 payable to Lifetime Legal at point of offer accepted (to fund legally required AML, Proof and Source of Funds checks)
£2,440 payable on completion (processed by the buyer’s solicitor as a disbursement on completion)
Total Fee Payable: £2,500
Please confirm whether the sourcing fee is inclusive or exclusive of VAT before publishing.
Compliance & Documentation (Dates Provided)
Gas Certificate Expiry: 23/07/2026
EICR Expiry Date: 14/05/2026
EPC: Not provided – required for portal publication (see compliance list below)
Video Inspection
Video inspection link:
Date of Visit: 04/11/2024
Important Notes & Disclosures
These particulars are intended as a guide and do not constitute an offer or contract.
Buyers should satisfy themselves on all matters including tenure, condition, compliance, suitability, and investment performance.
Valuation, “instant equity”, yield and rental figures are illustrative guidance only and must be independently verified.
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AMRP is pleased to bring to the market this substantial three-bed family home based in a popular location in Hartlepool, Teesside.
The property requires modest and minimal works to return it to a position where it can be reletted and is expected to achieve a rental of £625 per calendar month. The owners are inviting offers around the £62,500 mark.
AMRP sourcing fee would be £2,500. However, on the market’s online valuation tool, the property is estimated to be worth £77,000, so there’s a great opportunity to access a property with instant equity here, as well as strong future rental demand in this location.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Arthur Street, Chilton, Ferryhill, DL17 0PZ
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Visit our security centre to find out moreDisclaimer - Property reference 52818. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Visum, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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