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2 Bed Terraced House, Potential PLO/LOA, DL17 8PN £40,000

46 Davy Street, Ferryhill, County Durham, DL17 8PN - 7 days ago
  1. Deal Search
  2. DL17
  3. DL17 8PN
Auction
Negative Equity
ROI: 9%
69 m²

ValuationUndervalued

AI score: 90/100. Please verify valuations.

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Property History

Listed for £40,000

-27%

December 10, 2025

Sold for £51,000

2007

Sold for £42,000

2005

Description

For sale by Online Auction - 28th of January 2026.

Smart 2-bed home with modern finish and auction-ready value

Description
This refurbished two-bed mid-terrace on Davy Street offers comfortable, modern living with a bright lounge, generous kitchen, two well-proportioned bedrooms and a clean, neutral bathroom all set within a 742 sq ft (69 m) footprint. Positioned in the heart of Ferryhill, the property benefits from double glazing, gas central heating, an EPC rating of C, and excellent access to local shops, the A167, regular bus routes, and Dean Bank Primary & Nursery School just 0.06 miles away. It's an ideal step onto the ladder or a low-maintenance, ready-to-use home for anyone seeking affordability and convenience.

FOR SALE BY UNCONDITIONAL ONLINE AUCTION. Upon the fall of the virtual gavel, contracts are immediately exchanged, providing total security with no risk of gazumping and a fixed, reliable completion date. This is the most certain and transparent method of sale perfect for buyers wanting confidence and clarity from start to finish.

Key Investment/Lifestyle Highlights:
Guide Price £38,000 + fees exceptionally low entry level for a fully modernised 2-bed terrace in DL17, with strong comparable sales in the £45,000£85,000 range.
High rental demand area with local 2-bed terraces regularly achieving strong yields; EPC C, gas central heating and modern interiors support solid long-term performance.
Very low flood risk and excellent connectivity bus stops 0.05 miles away, A1(M) within 37 miles, and major amenities close by.

BIDDING CLOSES: 10th December 2025.
Secure your 2-bed terrace now. Register today and download the full legal pack to bid with confidence.

Tenure
Freehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a buyers premium when contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Town & Country Property Auctions, Normanby

01644 714343

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

AI score: 90/100. Please verify calculations.

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