3 Bed Terraced House, Cash/Bridging Only, DH9 0EG, £120,000

Sylvia Terrace, Shield Row, Stanley, DH9 0EG - 3 views - 3 months ago

Cash
ROI: 4%
~93 m²
+20 photos

ValuationFair Value

Sold Prices£43K - £400K
Sold Prices/m²£526/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£120,859

 

 

End Value (After Refurb)

£111,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£35,871

Bridging Loan Interest

£3,150

Total Cash In

£75,871

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£111,250

Mortgage (After Refinance)

£83,438

Mortgage LTV

75%

Cash Left In

£75,871

Equity

£27,813

Rent Range

£550 - £1,795

Rent Estimate

£776

Running Costs/mo

£523

Cashflow/mo

£253

Cashflow/yr

£3,038

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £43K to £400K, average is £121.2K. £526/m² to £3.1K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£122.5K06/230 mi6, Sylvia Terrace, Stanley, County Durham DH9 0EG3
£84K05/210.03 mi17, Gordon Terrace, Stanley, Durham DH9 0LF3
£92K11/210.04 mi10, Robert Terrace, Stanley, County Durham DH9 0ER3
£101K12/220.05 mi7, Wylam Terrace, Stanley, County Durham DH9 0EF3
£110K03/210.1 mi4, Station Villas, Shield Row, Stanley, Durham DH9 8RJ3
£110K02/230.14 mi30, Wylam Road, Stanley, County Durham DH9 0EN3
£50K12/200.16 mi50, Newburn Road, Stanley, County Durham DH9 0EX3
£220K11/220.18 mi132, Orchard Grove, Shield Row, Stanley, County Durham DH9 8NY3
£215K04/230.18 mi128, Orchard Grove, Shield Row, Stanley, County Durham DH9 8NY3
£157.5K02/210.18 mi92, Station Road, Stanley, County Durham DH9 0JU3
£79K02/230.18 mi81, Newburn Road, Stanley, County Durham DH9 0HJ3
£90K06/210.19 mi1, Pearson Street, Stanley, Durham DH9 8RQ3
£190K01/210.19 miMarzion, Pearson Street, Stanley, Durham DH9 8RQ3
£177K12/220.2 mi38, Murray Park, Stanley, County Durham DH9 0PN3
£125K07/210.2 mi1, Murray Park, Stanley, Durham DH9 0PN3
£185K06/230.2 mi3, Murray Park, Stanley, County Durham DH9 0PN3
£184.9K12/220.2 mi85, Murray Park, Stanley, County Durham DH9 0PU3
£139.9K12/220.21 mi10, Pelaw Avenue, Stanley, County Durham DH9 0EZ3
£210K01/230.22 mi5, Charnwood, Stanley, County Durham DH9 8BW3
£115K11/200.22 mi39a, Orchard Grove, Shield Row, Stanley, County Durham DH9 8NG3
£92K02/230.3 mi55, Hillside Gardens, Stanley, County Durham DH9 0HB3
£153K08/210.32 mi11, Barnhill, Stanley, County Durham DH9 8AN3
£183.5K04/230.34 mi8, James Street, Shield Row, Stanley, County Durham DH9 8RH3
£43K03/230.34 mi1, Belle Street, Stanley, County Durham DH9 0DB3
£186K11/200.35 mi14, Cumbria Place, Stanley, Durham DH9 0HN3
£160K03/210.35 mi13, Cumbria Place, Stanley, County Durham DH9 0HN3
£245K01/230.37 mi21, Badgers Wood, Stanley, County Durham DH9 0HR3
£400K11/220.39 miAlicia House, Causey Way, Kip Hill, Stanley, County Durham DH9 8RN3
£165K07/210.43 mi18, Northumbria Place, Stanley, Durham DH9 0UB3
£165K07/210.43 mi18, Northumbria Place, Stanley, Durham DH9 0UB3
£160K02/230.43 mi22, Northumbria Place, Stanley, County Durham DH9 0UB3
£100K03/230.49 mi28, Betjeman Close, Stanley, County Durham DH9 6UD3
£86K03/230.49 mi16, Betjeman Close, Stanley, County Durham DH9 6UD3
£83K06/230.52 mi18, Broom Hill, Stanley, County Durham DH9 8AZ3
£89K03/230.53 mi44, Burns Close, Stanley, County Durham DH9 6TP3
£205K09/210.54 mi62, East Street, Stanley, County Durham DH9 0UF3
£115K07/210.57 mi30, Kipling Close, Stanley, Durham DH9 6UA3
£120K07/210.57 mi29, Kipling Close, Stanley, County Durham DH9 6UA3
£100K01/230.58 mi32, Browning Close, Stanley, County Durham DH9 6UE3
£105K06/230.59 mi8, St Heliers Way, Stanley, County Durham DH9 0UR3
£70K06/210.59 mi45, Whinside, Stanley, Durham DH9 8AU3
£112.5K02/230.66 mi19, Sidney Close, Stanley, County Durham DH9 6UH3
£90K02/210.68 mi3, St Brelades Way, Stanley, County Durham DH9 0UN3
£90K02/210.68 mi3, St Brelades Way, Stanley, County Durham DH9 0UN3
£52K02/210.68 mi95, Wear Road, Stanley, County Durham DH9 6HL3
£135K10/200.7 mi6, Aberfoyle Court, Stanley, Durham DH9 6UL3
£130.5K05/210.7 mi25, Hill Top, Stanley, County Durham DH9 0UZ3
£80K06/230.7 mi18, Shakespeare Close, Stanley, County Durham DH9 6UJ3
£175K09/210.71 mi4, Mowlam Drive, Stanley, Durham DH9 6YY3
£149.9K03/210.71 mi66, Mowlam Drive, Stanley, Durham DH9 6YY3

Local Rents

20 rents from £550/mo to £1.8K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£57512/240.3 miSunny Terrace, Stanley, Co. Durham, DH93
£62512/240.34 mi-3
£60004/250.4 mi-3
£60004/250.4 mi-3
£62512/240.55 miBroom Hill, Stanley3
£77512/240.57 miGibside Close, Stanley, Durham, DH93
£55012/240.72 miSpen Street, Stanley, Durham, DH93
£90012/240.87 mi-3
£90012/240.87 mi-3
£80012/240.87 mi-3
£85004/250.87 mi-3
£95012/240.93 mi-3
£65003/250.98 mi-3
£65003/250.99 mi-3
£65003/250.99 mi-3
£67511/241.05 mi-3
£1,79503/251.08 mi-3
£62503/251.13 mi-3
£60004/251.15 mi-3
£60012/241.15 mi-3

Local Area Statistics

Population in DH9

36,673

Nearest school

0.30 miles away

Nearest train station

4.79 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 £120,000

March 16, 2025

Listed for £130,000

January 11, 2025

Floor Plans

Description

  • Extended double fronted terraced house +
  • 3 bedrooms, no chain +
  • Open plan lounge/diner +
  • Study +
  • Breakfasting kitchen +
  • Ground floor WC and 1st floor bathroom/shower +
  • Virtual tour available +
  • Gas combi central heating +
  • uPVC double glazing +
  • EPC rating D (63) +

We offer this extended three bedroom double fronted terraced house which should prove popular with growing families and those that need to work from home as in addition to the three bedrooms there is also a study. No upper chain. The ground floor has an entrance porch, open plan living room/diner, under-stair WC, and a contemporary breakfasting kitchen. To the first floor is a landing, three bedrooms, study and family bathroom. Forecourt garden to the front and a self-contained yard to the rear. EPC rating D (63), freehold tenure, gas combi central heating and uPVC double glazing. Virtual tour available. 

ENTRANCE PORCH 3' 8" x 4' 11" (1.12m x 1.51m) uPVC double glazed entrance door with matching windows, tiled floor a d a uPVC double glazed door to the lounge/diner. 

LOUNGE/DINER 17' 4" (maximum) x 23' 3" (maximum) (5.30m x 7.09m) Large bay with uPVC double glazed windows with plantation style shutters, additional window in the dining room, feature fire surround with inset gas fire, TV aerial and telephone points, three double glazed windows (two with covers), stairs to the first floor with storage area beneath, door to the WC and twin glazed doors to the breakfasting kitchen. 

WC 5' 11" x 2' 9" (1.81m x 0.84m) WC, wash basin, part tiled walls, tiled floor and a wall mounted extractor fan. 

BREAKFASTING KITCHEN 7' 10" x 23' 3" (2.40m x 7.09m) Fitted with a range of wall and base units with contrasting laminate worktops and tiled slash-backs. Cooking range with splash-back and extractor canopy over, integrated dishwasher, plumbed in washing machine, tumble dryer and free-standing fridge/freezer included. Concealed wall mounted gas combi central heating boiler, stainless steel single drainer sink with vegetable drainer and mixer tap, laminate flooring, wall extractor fan, double radiator, uPVC double glazed windows and matching rear exit door. 

FIRST FLOOR  

LANDING Loft access hatch, radittor with cover, hard-wired smoke alarm and doors leading to the bedrooms, study and bathroom. 

BEDROOM 1 (TO THE FRONT) 11' 5" x 11' 10" (3.50m x 3.63m) Fitted wardrobes with sliding doors, uPVC double glazed window with plantation style shutters and a double radiator. 

BEDROOM 2 (TO THE FRONT) 11' 6" x 11' 4" (3.52m x 3.46m) uPVC double glazed window with plantation style shutters, double radiator and TV arial point. 

BEDROOM 3 (TO THE REAR) 7' 10" x 11' 10" (2.40m x 3.63m) Fitted wardrobes with sliding doors, uPVC double glazed window and a single radiator. 

STUDY 6' 1" x 7' 0" (1.86m x 2.15m) A useful storage room or study with single radiator. Please note there is no window to this room. 

BATHROOM/SHOWER 9' 4" x 10' 3" (2.86m x 3.13m) A white suite with panelled bath, separate walk-in glazed enclosure with thermostatic shower, wash basin with base storage, WC. PVC panelled walls and ceiling with inset LED spotlights, uPVC double glazed window, tiled floor, chrome towel radiator and a wall mounted extractor fan. 

EXTERNAL  

TO THE FRONT Forecourt garden. 

TO THE REAR Self-contained yard. 

HEATING Gas fired central heating via combination boiler and radiators. 

GLAZING uPVC double glazing installed. 

ENERGY EFFICIENCY EPC rating D (63). Please speak to a member of staff for a copy of the full Energy Performance Certificate. 

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. If you would like to view the property please ensure that you wear appropriate PPE and adhere to social distancing. We may need to restrict the number of people within the property at one time and limit time of the viewing to 15 minutes. Please do not attend if you have recently shown symptoms of the Covid-19 virus. 

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. 

NEED A MORTGAGE? 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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