Morrison Terrace, Ferryhill, DL17
- PROPERTY TYPE
End of Terrace
- BEDROOMS
3
- 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
- Sold with tenant in situ – immediate rental income
- Spacious three-bedroom end-terrace
- Generous lounge and separate dining room
- Fitted kitchen
- Family bathroom
- Energy Performance Certificate: C
Description
High-Yield Investment Opportunity – 3-Bedroom End-Terrace
Positioned next to Mainsforth Cricket Field, this spacious three-bedroom end-terrace property presents an excellent opportunity for landlords and property investors looking for a ready-to-go investment with a tenant already in situ.
The property is currently let at £550 per calendar month, providing the new owner with an immediate rental income from day one. At the asking price of £85,000, this equates to an attractive 7.76% gross rental yield, with further scope for rental growth in the future towards full market value.
The property offers spacious three-bedroom accommodation and provides a practical and appealing home for long-term tenants, making it a strong addition to an existing portfolio or an ideal investment for a first-time landlord.
The garage and grassed area located to the rear, across the road from the property, are not included in the freehold. These are currently rented at a cost of £40 per year.
Importantly, the property is fully compliant, with no immediate compliance expenditure required for the incoming landlord. The EPC is rated C and is valid until November 2035, while the EICR has five years remaining. The CP12 Gas Safety Certificate was completed on 16 June 2026.
With an established tenancy, immediate rental income, an attractive gross yield and all key safety certification up to date, this is a straightforward investment opportunity requiring no immediate compliance spend.
For further information or to arrange a viewing, please contact us today.
Vestibule
3'4" × 4'4" — 1.04m × 1.33m
Hallway
3'4" × 12'1" — 1.03m × 3.69m
Lounge
14'0" × 13'1" — 4.29m × 4.00m
Dining Room
14'2" × 15'7" — 4.33m × 4.77m
Kitchen
6'0" × 13'10" — 1.83m × 4.23m
Landing
3'1" × 15'9" — 0.95m × 4.82m
Bedroom 1
8'8" × 16'7" — 2.65m × 5.07m
Bedroom 2
9'11" × 12'3" — 3.03m × 3.76m
Bedroom 3
7'10" × 13'1" — 2.41m × 4.01m
Bathroom
5'11" × 7'10" — 1.82m × 2.40m
Brochures
Property Brochure- 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.
- Band: A
- 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.
- Front garden,Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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Affordability
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Visit our security centre to find out moreDisclaimer - Property reference 6b370815-886a-4f49-89be-e78b1f7b16af. 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 Northgate Estate Agents & Property Management, Newton Aycliffe. 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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