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Eldon Arms, Eldon Terrace, Ferryhill, Durham DL17 0AW - Image 1
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Eldon Arms, Eldon Terrace, Ferryhill, Durham DL17 0AW

North East

£78,000

Listed on 21/05/2026

Property Details

Bedrooms
4
Type
Pub

Description

This traditional brick property presents a compelling opportunity for investors and renovators alike, located conveniently on Chilton Lane, just outside the bustling centre of Ferryhill. With a generous total area of approximately 6,177 sq ft spread across three floors, it features former function rooms and expansive open spaces on the ground floor, as well as versatile first-floor accommodations, including multiple bedrooms and living areas. There is also valuable attic and cellar space that enhances its redevelopment potential. The plot spans 0.18 ha (0.445 acres) and includes an open yard with potential for various usages or conversions, subject to obtaining the necessary planning consents. Notably, the rear of the property houses a former stable outbuilding which could be repurposed to add further value. While viewings are currently limited to the ground floor due to fire damage, this aspect signals an opportunity for renovation work that can transform this structure into a desirable residential or mixed-use development.

Investment Analysis

(DL17 area)
Area Average
£104/sq ft
Avg Rent (weekly)
£130
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DL17)

Area prices are rising by +9.4% over the last 12 months
3 year growth: +23.5%
5 year growth: +50.6%
Investment Disclaimer: Analysis based on DL17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Eldon Arms, Eldon Terrace, Ferryhill, Durham DL17 0AW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£278
Based on a loan of £58,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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