3 Bed Semi-Detached House, Cash/Bridging Only, DH9 7RF, £174,950

Coniscliffe Road, Stanley, Co. Durham, DH9 7RF - 1 views - 6 months ago

Sold STC
Cash
ROI: 4%
~89 m²
+25 photos

ValuationOvervalued

Sold Prices£43K - £210K
Sold Prices/m²£495/m² - £2.9K/m²

 

 

Square Metres

~88.80 m²
Price/m²£2K/m²

Value Estimate

£98,493

 

 

End Value (After Refurb)

£96,375

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,738

Stamp Duty & Legal Fees

£10,947

Refurb Costs

£34,251

Bridging Loan Interest

£4,592

Total Cash In

£95,278

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£96,375

Mortgage (After Refinance)

£72,281

Mortgage LTV

75%

Cash Left In

£95,278

Equity

£24,094

Rent Range

£550 - £1,795

Rent Estimate

£767

Running Costs/mo

£475

Cashflow/mo

£292

Cashflow/yr

£3,509

ROI

4%

Gross Yield

5%

Local Sold Prices

50 sold prices from £43K to £210K, average is £112.5K. £495/m² to £2.9K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£150K07/210.04 mi5, Coniscliffe Road, Stanley, Durham DH9 7RF3
£145K09/210.04 mi18, Coniscliffe Road, Stanley, County Durham DH9 7RF3
£143K03/230.07 mi8, Grange Road, Stanley, County Durham DH9 7RQ3
£192.4K03/210.08 mi52a, Joicey Terrace, Stanley, County Durham DH9 7LS3
£95K02/230.11 mi1, Palmer Street, Stanley, County Durham DH9 7RD3
£90K05/230.16 mi56, Heather Way, Stanley, County Durham DH9 7RP3
£88.8K07/210.16 mi56, Heather Way, Stanley, Durham DH9 7RP3
£64.5K01/210.2 mi130, Westfields, Stanley, County Durham DH9 7DG3
£87K03/230.31 mi31, Windermere Terrace, Stanley, County Durham DH9 7QX3
£55K01/230.32 mi161, Park Road, Stanley, County Durham DH9 7QE3
£71K01/230.32 mi114, Park Road, Stanley, County Durham DH9 7BL3
£80K02/230.36 mi9, Rydal Avenue, Stanley, County Durham DH9 7QR3
£75K02/210.37 mi26, Keswick Road, Stanley, Durham DH9 7QS3
£50K11/210.4 mi12, Oliver Street, Stanley, Durham DH9 7AQ3
£63K01/210.45 mi56, Wansbeck Avenue, Stanley, County Durham DH9 6HU3
£115K05/230.48 mi29, Tyne Road East, Stanley, County Durham DH9 6NF3
£66K04/230.48 mi43, Mitchell Street, South Moor, Stanley, County Durham DH9 7BQ3
£65K06/230.49 mi23, Parmeter Street, South Moor, Stanley, County Durham DH9 7AR3
£55K08/230.5 mi23, Mitchell Street, South Moor, Stanley, County Durham DH9 7BE3
£96K12/220.53 mi55, Orwell Gardens, Stanley, County Durham DH9 6QA3
£70K06/210.56 mi45, Whinside, Stanley, Durham DH9 8AU3
£115K12/220.56 mi19, Orwell Gardens, Stanley, County Durham DH9 6QA3
£125K03/210.57 mi9, Holyoake, South Moor, Stanley, Durham DH9 7BU3
£87K02/210.58 mi20, North Terrace, Stanley, Durham DH9 7LD3
£153K08/210.58 mi11, Barnhill, Stanley, County Durham DH9 8AN3
£52K02/210.6 mi95, Wear Road, Stanley, County Durham DH9 6HL3
£83K06/230.61 mi18, Broom Hill, Stanley, County Durham DH9 8AZ3
£57.8K07/230.61 mi36, Lime Street, South Moor, Stanley, County Durham DH9 7EJ3
£95K12/210.63 mi92, Wear Road, Stanley, County Durham DH9 6HW3
£127.5K03/230.66 mi10, Lenin Terrace, Stanley, County Durham DH9 6PA3
£43K03/230.66 mi1, Belle Street, Stanley, County Durham DH9 0DB3
£157.5K02/210.72 mi92, Station Road, Stanley, County Durham DH9 0JU3
£89K03/230.77 mi44, Burns Close, Stanley, County Durham DH9 6TP3
£150K05/210.78 mi31, Trefoil Road, Tanfield Lea, Stanley, Durham DH9 9PH3
£210K01/230.79 mi5, Charnwood, Stanley, County Durham DH9 8BW3
£155K12/200.79 mi37, Errington Drive, Tanfield Lea, Stanley, County Durham DH9 9PD3
£155K01/210.79 mi43, Errington Drive, Tanfield Lea, Stanley, Durham DH9 9PD3
£145K12/220.79 mi20, Errington Drive, Tanfield Lea, Stanley, County Durham DH9 9PD3
£177K12/220.8 mi38, Murray Park, Stanley, County Durham DH9 0PN3
£125K07/210.8 mi1, Murray Park, Stanley, Durham DH9 0PN3
£185K06/230.8 mi3, Murray Park, Stanley, County Durham DH9 0PN3
£110K10/200.82 mi31, Campion Drive, Tanfield Lea, Stanley, County Durham DH9 9PQ3
£155K06/230.82 mi38, Campion Drive, Tanfield Lea, Stanley, County Durham DH9 9PQ3
£173K12/220.82 mi17, The Bungalows, Tanfield Lea, Stanley, County Durham DH9 9NE3
£90K12/210.83 mi13, The Bungalows, Tanfield Lea, Stanley, County Durham DH9 9NE3
£165K10/210.83 mi43, The Bungalows, Tanfield Lea, Stanley, County Durham DH9 9NE3
£127K06/230.83 mi19, The Bungalows, Tanfield Lea, Stanley, County Durham DH9 9NE3
£150K04/230.83 mi41, The Bungalows, Tanfield Lea, Stanley, County Durham DH9 9NE3
£121.8K12/200.83 mi3, Sabin Court, Stanley, Durham DH9 7JA3
£128K02/210.83 mi3, The Paddock, Tanfield Lea, Stanley, County Durham DH9 9NS3

Local Rents

11 rents from £550/mo to £1.8K/mo, average is £625/mo.

RentDateDistanceAddressBeds 
£95012/240.04 mi-3
£65003/250.15 mi-3
£1,79503/250.28 mi-3
£55012/240.32 miSpen Street, Stanley, Durham, DH93
£67511/240.34 mi-3
£62503/250.34 mi-3
£60004/250.37 mi-3
£60012/240.37 mi-3
£60004/250.5 mi-3
£60004/250.5 mi-3
£62512/240.54 miBroom Hill, Stanley3

Local Area Statistics

Population in DH9

36,673

Nearest school

0.40 miles away

Nearest train station

5.24 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 £174,950

March 16, 2025

Price changed to £179,950

December 3, 2024

Listed for £185,000

November 10, 2024

Floor Plans

Description

  • Three-bedroom, semi-detached family home. +
  • Features include a garage and off-street parking. +
  • Landscaped gardens at the front and rear. +
  • Spacious lounge/diner. +
  • Modern fitted kitchen. +
  • Prime location—short walk from town centre. +
  • Three well-proportioned bedrooms. +
  • .Benefits from gas central heating and full uPVC double glazing. +
  • Freehold tenure; Council Tax band B; Virtual tours available. +
  • EPC rating D (64) +

Located a short walk from the town centre, this immaculate three-bedroom semi-detached home offers a garage with electric door, off-street parking, and landscaped gardens front and rear-ideal for families. The interior features a lounge/diner, modern kitchen, three bedrooms, and a family bathroom. The property benefits from gas central heating, full uPVC double glazing, and freehold tenure. Council Tax band B. EPC rating D (64). Virtual tours available. 

HALLWAY uPVC double glazed entrance door, laminate flooring, storage cupboard, stairs to the first floor, single radiator and doors leading to the lounge/diner and kitchen. 

LOUNGE/DINER 23' 7" (into bay) x 11' 1" (maximum) (7.19m x 3.38m) Dual aspect with bay window fitted with uPVC double glazed windows and matching French door to the rear opening to the garden. Fireplace with electric stove on a marble hearth and floating Oak mantelpiece over. One double and one single radiator, telephone point and TV aerial point. 

KITCHEN 16' 7" x 7' 10" (maximum) (5.06m x 2.40m) A lovely kitchen fitted with a range of high gloss white wall and base units with contrasting wood effect laminate worktops and matching upturns. Integrated John Lewis fan assisted oven/grill and matching induction hob with glazed splash-back and extractor canopy over. Stainless steel sink with mixer tap, plumbed for both a washing machine and also a dishwasher plus space for a free standing fridge/freezer. Laminate flooring, integrated wine racks, uPVC double glazed windows and matching rear exit door. Wall mounted gas combi central heating boiler and a double radiator. 

FIRST FLOOR  

LANDING uPVC double glazed window, loft access hatch with pull-down fixed ladder (loft is boarded for storage and has a light). Storage area, doors lead to the bedrooms and bathroom. 

BEDROOM 1 (TO THE FRONT) 10' 7" x 10' 9" (3.23m x 3.30m) Bay with uPVC double glazed windows and a single radiator. 

BEDROOM 2 (TO THE REAR) 10' 5" x 7' 6" (3.18m x 2.31m) uPVC double glazed window and a double radiator. 

BEDROOM 3 (TO THE FRONT) 7' 4" x 7' 9" (2.24m x 2.37m) uPVC double glazed window and a single radiator. 

BATHROOM 6' 8" x 7' 9" (2.05m x 2.38m) A white suite featuring a P-shaped bath with shower fitment and glazed screens, PVC panelled splash-backs, wash basin with base storage and mirrored cabinet over, WC, uPVC double glazed frosted window, PVC panelled ceiling, and a double radiator. 

EXTERNAL  

TO THE FRONT Block-paved driveway providing off--street parking. Low-maintenance garden. 

TO THE REAR Block-paved patio extending to the side, storage shed, access door to the garage, cold water supply tap, lawn and decking. Enclosed by timber fence. 

GARAGE Electric door with remote controls, power points, lighting and uPVC double glazed rear window and matching door opens to the rear garden. 

HEATING Gas fired central heating via combination boiler and radiators. 

GLAZING uPVC double glazing installed. 

ENERGY EFFICIENCY EPC rating D (64). Please speak to a member of staff for a copy of the full Energy Performance Certificate. 

COUNCIL TAX The property is in Council Tax band B (£1,891) 

TENURE We understand that the property is freehold. We would recommend that any purchaser has this confirmed by their legal advisor.  

VIEWINGS We have created a virtual tour which can be viewed on our YouTube channel, our website, property portals and our social media accounts such as Facebook, Twitter and Instagram. To arrange a viewing please contact the office. There is also a 360 degree virtual tour available on our website.  

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed. 

MORTGAGE ADVICE We have independent mortgage advisers within our branch, who will search the whole market to find the best suitable mortgage and help you progress through the process. Contact our office to arrange a telephone or office appointment.  

AGENTS NOTE Whilst we endeavour to make our particulars accurate and reliable, they should not be relied on as a statement or representations of fact, and do not constitute any part of an offer or contract. The owner does not make or give, nor do we or our employees have authority to make or give any representation or warranty in relation to the property. We have not checked or tested any appliances mentioned (including heating systems or electrical fittings) therefore working order cannot be confirmed. All measurements are given to the nearest 5cm.

Agent Details

David Bailes, Stanley

01207 265903

Next Steps?

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