2 Bed Terraced House, Single Let, DH9 7UD, £65,000

South View, Annfield Plain, Stanley, Durham, DH9 7UD - 4 views - a year ago

Sold STC
BTL
ROI: 6%
~100 m²
+7 photos

ValuationUndervalued

Sold Prices£24.5K - £200K
Sold Prices/m²£340/m² - £2.3K/m²

 

 

Square Metres

~100.40 m²
Price/m²£647/m²

Value Estimate

£72,632
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£3,210

Total Cash In

£19,460

 

 

Cash Out

 

Rent Range

£475 - £625

Rent Estimate

£421

Running Costs/mo

£307

Cashflow/mo

£114

Cashflow/yr

£1,364

ROI

7%

Gross Yield

8%

Local Sold Prices

42 sold prices from £24.5K to £200K, average is £53.8K. £340/m² to £2.3K/m², average is £723/m².

PriceDateDistanceAddressBeds 
£51K08/210.12 mi3, William Street, Annfield Plain, Stanley, County Durham DH9 7SH2
£43K12/200.14 mi12, Mary Street, Annfield Plain, Stanley, County Durham DH9 7SJ2
£51.5K08/230.14 mi13, Mary Street, Annfield Plain, Stanley, County Durham DH9 7SJ2
£65K06/210.15 mi16, Prospect Terrace, Stanley, Durham DH9 7TR2
£54K06/210.16 mi23, Hawthorn Terrace, Stanley, Durham DH9 7TL2
£60K05/210.17 mi12, Elizabeth Street, Stanley, Durham DH9 7SW2
£60K05/210.17 mi12, Elizabeth Street, Stanley, Durham DH9 7SW2
£50K06/210.32 mi8, Mulberry Terrace, Stanley, Durham DH9 7JH2
£50K09/210.32 mi7, Mulberry Terrace, Stanley, County Durham DH9 7JH2
£70K09/210.33 mi20, Stanhope Gardens, Stanley, County Durham DH9 8QG2
£75K12/220.39 mi45, Clavering Place, Stanley, County Durham DH9 7XD2
£56K04/230.39 mi11, Clavering Place, Stanley, County Durham DH9 7XD2
£48K06/230.39 mi42, Clavering Place, Stanley, County Durham DH9 7XD2
£88K01/230.41 mi12, Jubilee Terrace, Stanley, County Durham DH9 7JJ2
£61.8K06/210.41 mi11, Wolsingham Terrace, Stanley, County Durham DH9 8QJ2
£37K12/200.44 mi3, Wesley Terrace, Stanley, Durham DH9 8QL2
£63.5K01/230.44 mi18, Wesley Terrace, Stanley, County Durham DH9 8QL2
£42K02/210.44 mi21, Wesley Terrace, Stanley, County Durham DH9 8QL2
£150K11/200.51 mi4, Oxhill Villas, Stanley, Durham DH9 7JT2
£120K12/220.52 mi1, Oxhill Villas, Stanley, County Durham DH9 7JT2
£76.5K03/210.55 mi19, Ryde Terrace, Stanley, Durham DH9 8HQ2
£55.8K07/230.56 mi6, Church Street, Catchgate, Stanley, County Durham DH9 8HE2
£73K03/210.62 mi15, Windsor Drive, Stanley, Durham DH9 8SP2
£200K10/220.64 mi37, Windsor Drive, Stanley, County Durham DH9 8SR2
£50K02/210.74 mi2, Duke Street, Stanley, County Durham DH9 8SF2
£85K01/230.75 mi17, Fairview Terrace, Stanley, County Durham DH9 8NR2
£92.5K03/230.75 mi18, Fairview Terrace, Stanley, County Durham DH9 8NR2
£73K03/210.77 mi10, Pontop Terrace, Stanley, County Durham DH9 8NS2
£61.8K04/230.81 mi5, Westview Terrace, Stanley, County Durham DH9 8NU2
£52K08/210.88 mi46, Mitchell Street, South Moor, Stanley, Durham DH9 7BQ2
£53.5K02/230.91 mi24, Harperley Gardens, Stanley, County Durham DH9 8RZ2
£35.5K12/200.92 mi3, Elm Street, South Moor, Stanley, Durham DH9 7EA2
£44K11/210.93 mi62, Elm Street, South Moor, Stanley, Durham DH9 7EB2
£28.5K03/210.93 mi60, Elm Street, South Moor, Stanley, Durham DH9 7EB2
£45K06/230.96 mi6, John Street, South Moor, Stanley, County Durham DH9 7BG2
£52K07/210.96 mi25, William Street, South Moor, Stanley, Durham DH9 7BJ2
£24.5K01/210.96 mi17, William Street, South Moor, Stanley, Durham DH9 7BJ2
£50K04/210.98 mi12, Fourth Street, Quaking Houses, Stanley, Durham DH9 7HB2
£45K04/210.98 mi36, Fern Avenue, Stanley, Durham DH9 7QY2
£36K10/210.98 mi30, Fern Avenue, Stanley, County Durham DH9 7QY2
£54K02/230.98 mi23, Fern Avenue, Stanley, County Durham DH9 7QY2
£40K11/200.98 mi10, Fern Avenue, Stanley, County Durham DH9 7QY2

Local Rents

10 rents from £475/mo to £625/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£55012/240.16 miHawthorn Terrace, New Kyo, Stanley2
£55001/250.17 mi-2
£55012/240.24 miMitchell Street, Annfield Plain, Stanley, County Durham, DH92
£55012/240.24 miCatherine Terrace, New Kyo, Stanley2
£62502/250.41 mi-2
£47512/240.42 miCoronation Terrace, Stanley, Durham, DH92
£49512/240.42 miUnity Terrace, Stanley2
£59510/240.43 mi-2
£57512/240.47 mi-2
£60012/240.51 miHamsterley Gardens, Annfield Plain, Stanley2

Local Area Statistics

Population in DH9

36,673

Nearest school

0.20 miles away

Nearest train station

6.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Price changed to £65,000

January 7, 2025

Listed for £67,000

March 19, 2024

Floor Plans

Description

  • Two Bedroom Terrace +
  • No Onward Chain +
  • Great Investment Opportunity +
  • Approximate Floor Area 100 Sq Mtrs/ 1077 Sq Ft. +
  • Council Tax Band A +
  • EPC Rating D +

Brought to the market with the benefit of no onward chain, this spacious two bedroom terraced property offers a wealth of potential of versatility. The property is conveniently located within the village of Annfield Plain and it would make an ideal investment opportunity or fist time purchase.

Internally, the property briefly comprises of an entrance hallway, lounge with double doors to access the dining room, kitchen, bathroom, one single sized bedroom and two further bedrooms - to access one of these rooms is through the other. Externally there is a small courtyard to the front of the property and to the rear is a yard that has gated access for off road parking if required.

Annfield Plain is a popular village located around two miles from Stanley Town and five miles from Consett Town. The villages boasts many amenities that include a Tesco store. Excellent transport links are also accessible from the village for commuting to the regional cities of Durham, Newcastle and Sunderland.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QCO240075/2

Agent Details

YOUR MOVE Chris Stonock, Consett

01207 265949

Next Steps?

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