3 bedroom terraced house for sale

Property number 52601. Enquire through OnTheMarket's messaging system and we'll respond within 5 minutes, 24/7
Investment Opportunity – 22 Church Street, Ferryhill, County Durham DL17 0DU
Ready-Made Buy-to-Let – 12 % Gross Yield – Tenant in Situ

A well-presented three-bedroom mid-terraced house located in the heart of Ferryhill, County Durham.
Currently tenanted on a periodic Assured Shorthold Tenancy, the property provides immediate rental income and is fully managed by AMRP Relocations.
Ideal for new or experienced investors seeking hands-off, compliant management and reliable cashflow.

Key Investment Facts

Asking Price: £55,000

Tenure: Freehold

Council Tax Band: A (Durham County Council)

Bedrooms: 3

Bathrooms: 1

Heating: Gas central heating

Occupancy: Tenanted (periodic AST)

Rent (PCM): £550

Management Fee: 12 % + VAT (£79.20 pcm)

Net Rent After Management: £470.80 pcm

Gross Yield: 12 %

Indicative Stamp Duty (Land Tax): £1,650 (additional property rate)

Sourcing Fee (AMRP Buy-to-Let Advisory): £2,500

Compliance & Licensing

Gas Safety Certificate Expiry: 09 May 2026

Electrical Installation Condition Report (EICR): Expires 17 May 2029

EPC Rating: D (68) – Potential B (86), Expires 30 Jul 2030

Selective Licence: Required (Durham County Council)

Council Fee £550

Admin Fee (AMRP) £240 inc VAT

AMRP Relocations can manage the application or transfer on your behalf.

Property Details

Property Type: Mid-terraced house

Floor Area: TBC (approx.)

Parking: On-street

Water/Sewerage: Mains connected

Last Inspection: 09 Jul 2025 (Video inventory and report available)

Video Tour: Available on request / YouTube link

Location Information

Local Authority: Durham County Council

Conservation Area: No

Flood Risk: Low (river & surface water – buyer to verify)

Mining/Subsidence Risk: Area of historic coal mining – standard search recommended

Broadband & Mobile Coverage: Good – standard FTTC available (subject to provider confirmation)

Tenancy Summary

Type: Periodic Assured Shorthold Tenancy

Tenant to Remain on Completion: Yes

Deposit: Protected with approved scheme (details available on request)

Rent Payments: Up to date as of latest inspection.

Why Invest Here

Turn-key investment with tenant in situ.

Professionally managed by AMRP Relocations.

Strong gross yield and low entry price.

Fully compliant with current legislation and certificates in place.

Optional licence management and rent review service available.

Next Steps

To discuss this property or book a call directly with Andrew at AMRP Relocations:

Important Information

Figures and yields are for guidance only and subject to contract. Buyers should undertake their own legal, financial, and building due diligence. Selective licensing fees and requirements are set by Durham County Council and may change.