2 Bed Terraced House, Single Let, DH9 0PE, £48,000

12 Kay Street, Stanley, Durham, DH9 0PE - 5 views - 4 months ago

BTL
ROI: 17%
58 m²

ValuationUndervalued

Sold Prices£32.8K - £140K
Sold Prices/m²£395/m² - £2.4K/m²

 

 

Square Metres

57.80 m²
Price/m²£830/m²

Value Estimate

£58,070
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,000

Stamp Duty & Legal Fees

£2,610

Total Cash In

£14,610

 

 

Cash Out

 

Rent Range

£420 - £675

Rent Estimate

£460

Running Costs/mo

£262

Cashflow/mo

£198

Cashflow/yr

£2,376

ROI

16%

Gross Yield

12%

Local Sold Prices

50 sold prices from £32.8K to £140K, average is £72.3K. £395/m² to £2.4K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£80K04/230.03 mi37, Ridley Street, Stanley, County Durham DH9 0PD2
£56K02/210.03 mi28, Ridley Street, Stanley, Durham DH9 0PD2
£32.8K01/210.12 mi107, John Street, Beamish, Stanley, County Durham DH9 0QP2
£55K11/200.13 mi10, Catherine Terrace, Shield Row, Stanley, Durham DH9 0EH2
£55K11/200.13 mi12, Ernest Terrace, Stanley, Durham DH9 0EQ2
£54K10/210.14 mi16, Sylvia Terrace, Stanley, Durham DH9 0EG2
£54K10/210.14 mi16, Sylvia Terrace, Stanley, Durham DH9 0EG2
£53K05/230.14 mi9, Sylvia Terrace, Stanley, County Durham DH9 0EG2
£90K10/200.2 mi13, Watson Street, Stanley, County Durham DH9 0ES2
£132.5K03/230.21 mi6, East Parade, Stanley, County Durham DH9 0PS2
£100K05/210.22 mi6, The Barns, Stanley, Durham DH9 8BN2
£88K03/210.23 mi25, Newburn Road, Stanley, County Durham DH9 0EX2
£66K06/230.28 mi2, West View Gardens, Stanley, County Durham DH9 8AR2
£85K07/210.31 mi76, Newburn Road, Stanley, County Durham DH9 0HJ2
£71K06/210.31 mi95, Newburn Road, Stanley, County Durham DH9 0HJ2
£75K04/210.31 mi75, Newburn Road, Stanley, County Durham DH9 0HJ2
£100K06/230.43 mi23, Betjeman Close, Stanley, County Durham DH9 6UD2
£87.5K04/230.49 mi20, Constable Close, Stanley, County Durham DH9 6TE2
£80K11/210.5 mi11, Kipling Close, Stanley, Durham DH9 6UA2
£83K04/210.51 mi10, Bede Close, Stanley, County Durham DH9 0TZ2
£70K02/230.55 mi53, Wear Road, Stanley, County Durham DH9 6HL2
£66K02/210.55 mi51, Wear Road, Stanley, County Durham DH9 6HL2
£84K04/210.57 mi14, Milton Close, Stanley, County Durham DH9 6UB2
£68K02/230.58 mi8, Wansbeck Avenue, Stanley, County Durham DH9 6HR2
£35K11/200.59 mi10, Spen Street, Stanley, Durham DH9 7NJ2
£62.5K11/200.59 mi11, Walton Close, Stanley, Durham DH9 6TH2
£97.5K11/220.6 mi14, Wansbeck Avenue, Stanley, County Durham DH9 6HR2
£63K08/210.6 mi18, Coates Close, Stanley, Durham DH9 6XA2
£78K12/200.61 mi27, Wansbeck Avenue, Stanley, County Durham DH9 6HS2
£83K04/210.62 mi4, Sidney Close, Stanley, County Durham DH9 6UH2
£83K11/200.63 mi26, Wansbeck Avenue, Stanley, Durham DH9 6HY2
£63.5K01/230.63 mi44, Spen Street, Stanley, County Durham DH9 7NJ2
£71.5K03/210.64 mi4, Engels Terrace, Stanley, County Durham DH9 6QG2
£72.5K06/230.64 mi2, Valley Close, South Stanley, Stanley, County Durham DH9 6HQ2
£63K12/220.64 mi2, Garden Terrace, Stanley, County Durham DH9 7NP2
£81.8K02/230.66 mi9, Evelyn Terrace, Stanley, County Durham DH9 7RN2
£70K08/210.68 mi1, Joseph Street, Stanley, Durham DH9 7NS2
£77.5K06/230.68 mi5, Joseph Street, Stanley, County Durham DH9 7NS2
£50K11/200.68 mi24, Joseph Street, Stanley, Durham DH9 7NS2
£48.3K12/200.7 mi26, Tweed Terrace, Stanley, Durham DH9 6JN2
£86K03/230.7 mi24, Tweed Terrace, Stanley, County Durham DH9 6JN2
£140K12/210.76 mi8, Beamish View, Stanley, County Durham DH9 0XB2
£73.5K02/230.76 mi79, Eastfields, Stanley, County Durham DH9 7DN2
£62K01/210.76 mi89, Eastfields, Stanley, Durham DH9 7DN2
£63K03/230.77 mi82, Eastfields, Stanley, County Durham DH9 7DN2
£53.5K12/200.77 mi9, Malvern Terrace, Stanley, County Durham DH9 6QW2
£72K11/210.77 mi33, Tyne Road East, Stanley, Durham DH9 6NF2
£115K11/200.78 mi30, Pea Road, Stanley, County Durham DH9 7RG2
£125K06/230.79 mi34, Kinross Drive, Stanley, County Durham DH9 6UT2
£107K05/210.79 mi36, Kinross Drive, Stanley, Durham DH9 6UT2

Local Rents

23 rents from £420/mo to £675/mo, average is £550/mo.

RentDateDistanceAddressBeds 
£52512/240.02 mi-2
£57512/240.08 miChurch Street, Stanley, County Durham, DH92
£50012/240.14 mi-2
£55012/240.14 miSylvia Terrace, Stanley2
£59512/240.21 miBelle Street, Stanley, DH92
£57512/240.59 miWear Road, Stanley, County Durham, DH92
£60012/240.89 miOrwell Gardens, Stanley, Durham, DH92
£55012/240.92 miBircham Street, South Moor, Stanley, DH92
£42012/240.93 miPark Road, Stanley, County Durham, DH92
£53502/250.95 mi-2
£59512/240.97 miHollyhill Gardens, Stanley, DH92
£55004/250.99 mi-2
£55012/241 miOliver Street, Stanley, Durham, DH9 7AQ2
£50003/251.01 mi-2
£45001/251.02 mi-2
£55002/251.07 mi-2
£67512/241.12 miKielder Drive, The Middles, Stanley, County Durham, DH92
£65004/251.13 mi-2
£55004/251.15 mi-2
£55012/241.15 miPoplar Street, Stanley, County Durham, DH92
£50001/251.2 mi-2
£42512/241.21 mi-2
£49012/241.22 miPoplar Street, Stanley, County Durham, DH92

Local Area Statistics

Population in DH9

36,673

Nearest school

0.20 miles away

Nearest train station

4.78 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 £48,000

March 20, 2025

Listed for £47,000

December 11, 2024

Sold for £27,008

2002

Description

Sylvester Properties are delighted to welcome to the sales market this two-bedroom mid terrace property located in the popular area of Stanley.

The property would make the ideal investment purchase or somebody looking to move and make their own. The floorplan briefly compromises of a lounge, dining room, kitchen, bathroom and two bedrooms.

Lounge
Spacious lounge area fitted with carpet, neutral walls, feature fireplace, wall mounted radiator and double doors leading to dining room.

Dining Room
Decorated with neutral tones, wood effect laminate flooring, double glazed window and a wall mounted radiator.

Kitchen
Fitted with a range of wall and base units, hand basin, boiler, wood effect laminate flooring and a double-glazed window.

Bathroom
Three-piece white suite compromising of a bath with an overhead shower, hand basin and a WC.

Bedrooms
Two double bedrooms are located on the first floor of this property.

External
To the front of the property is a garden which is made to lawn and to the rear is an enclosed yard.

Agent Details

Sylvester Properties, Stanley

01202 145447

Next Steps?

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