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5 Kelvin Street, Ferryhill, County Durham DL17 8PA - Image 1
5 Kelvin Street, Ferryhill, County Durham DL17 8PA - Image 2
5 Kelvin Street, Ferryhill, County Durham DL17 8PA - Image 3
5 Kelvin Street, Ferryhill, County Durham DL17 8PA - Image 4
5 Kelvin Street, Ferryhill, County Durham DL17 8PA - Image 5
5 Kelvin Street, Ferryhill, County Durham DL17 8PA - Image 6
5 Kelvin Street, Ferryhill, County Durham DL17 8PA - Image 7

5 Kelvin Street, Ferryhill, County Durham DL17 8PA

North East

£31,500Guide Price

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terraced property in Ferryhill presents a solid investment opportunity for buyers looking to enhance their rental portfolio. Currently tenanted at £85 per week, it guarantees an immediate income stream, while also offering significant potential for refurbishment to increase both rental yields and the property's overall market value. The home is situated on Kelvin Street, conveniently close to local amenities including shops and schools, as well as benefiting from good transport links to Durham and Bishop Auckland, which are attractive features for future tenants. Although the property is in need of modernisation and is in a generally tired condition, the scope for improvement makes it a compelling proposition for investors seeking long-term gains.

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Investment analysis

(DL17 area)
Area Average
£105/sq ft
Avg Rent (weekly)
£132
Avg Yield
5.0%

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
24
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DL17)

Area prices are rising by +4.6% over the last 12 months
3 year growth: +20.7%
5 year growth: +40.7%
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

5 Kelvin Street, Ferryhill, County Durham DL17 8PA
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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
£119
Based on a loan of £23,625 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.

Stamp duty calculator

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