Stephenson Street, Ferryhill, DL17

This substantial three-bedroom property presents an excellent opportunity for renovation, making it an attractive investment. Currently yielding a rental income of £500 per month, this property boasts a solid foundation with features like gas central heating and PVCu double glazing. However, it requires significant modernization to fully realize its potential. The interior space includes a generous lounge and a kitchen diner, alongside three well-sized bedrooms and a house bathroom. Externally, the property features a manageable enclosed rear yard with gated access. Located in the established area of Ferryhill, it's conveniently close to local amenities, parks, and transport links to wider regions including Spennymoor and Bishop Auckland. Key renovations would include replacement windows and doors, structural damp/timber treatment, kitchen upgrades, bathroom enhancements, and general aesthetic improvements throughout to elevate both comfort and value.