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Encombe Terrace, Ferryhill DL17

North East

£70,000

Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
966 sqft

Description

This three-bedroom mid-terraced home presents a canvas for those keen on infusing their personal style and vision. The property encompasses two spacious reception areas that boast bay windows, promoting a bright and inviting atmosphere. The main living room features a traditional fireplace alongside wood flooring, while the adjacent dining area is well-sized for family gatherings or entertaining guests. The kitchen is equipped with an array of units and has functional worktop space enhanced by natural light streaming through a large window. A convenient utility area connected to the kitchen adds extra storage and appliance space, fostering practicality in daily use. On the upper floor, you'll find three comfortably sized bedrooms, each offering unique opportunities for customization. The main bedroom showcases decorative wall paneling and includes a ceiling fan, while the second bedroom comes with built-in storage and a dedicated dressing area. The third bedroom provides flexible usage options depending on your needs. The modern bathroom features both a walk-in shower and a freestanding bath, making it suitable for relaxation or quick refreshers alike. Outside, enjoy the benefits of off-street parking available through roller shutter access to the private rear courtyard, along with a front forecourt adding to the property's appeal. This property not only offers immediate accommodation but also significant potential for renovation, making it an attractive investment opportunity for buyers looking to enhance their new home.

Investment Analysis

(DL17 area)

Below Market Value

This property is priced -30.2% below area average per sq ft

-30.2%
Potential saving
This Property
£72/sq ft
Area Average
£104/sq ft
Avg Rent (weekly)
£130
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£110,298
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
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

Encombe Terrace, Ferryhill DL17
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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
£250
Based on a loan of £52,500 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

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