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11 Coronation Terrace, West Cornforth, Ferryhill, County Durham, DL17 9LR - Image 1
11 Coronation Terrace, West Cornforth, Ferryhill, County Durham, DL17 9LR - Image 2
11 Coronation Terrace, West Cornforth, Ferryhill, County Durham, DL17 9LR - Image 3
11 Coronation Terrace, West Cornforth, Ferryhill, County Durham, DL17 9LR - Image 4
11 Coronation Terrace, West Cornforth, Ferryhill, County Durham, DL17 9LR - Image 5
11 Coronation Terrace, West Cornforth, Ferryhill, County Durham, DL17 9LR - Image 6

11 Coronation Terrace, West Cornforth, Ferryhill, County Durham, DL17 9LR

North East

£42,000

Listed on 04/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house presents a promising investment opportunity, conveniently located in the sought-after area of West Cornforth. Currently occupied by a sitting tenant paying £600 per month, this property offers immediate rental income and potential for future appreciation. The layout spans two floors, featuring an entrance hallway, a spacious lounge, and a fitted kitchen that opens to a rear yard. Upstairs, you'll find two generously sized bedrooms along with a family bathroom. The private outdoor space enhances the property's appeal and allows for further development or personalisation. With its strategic location providing easy access to local amenities and transport links to surrounding towns like Ferryhill and Durham, this property is ripe for value addition through modernisation or reconfiguration. Its existing rental income combined with renovation possibilities makes it an attractive choice for investors seeking to maximise their return.

Investment Analysis

(DL17 area)
Area Average
£103/sq ft
Avg Rent (weekly)
£126
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DL17)

Area prices are rising by +12.8% over the last 12 months
3 year growth: +26.2%
5 year growth: +50.0%
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

11 Coronation Terrace, West Cornforth, Ferryhill, County Durham, DL17 9LR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£159
Based on a loan of £31,500 over 30 years at 4.45% 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.

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