2 Bed Bungalow, Planning Permission, DH9 9BJ, £240,000

Plunkett Road, Dipton, Stanley, DH9 9BJ - 3 months ago

Sold STC
Planning
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£37K - £200K
Sold Prices/m²£398/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£78,663

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Total Cash In

£75,500

 

 

Cash Out

 

Rent Range

£475 - £1,500

Rent Estimate

£498

Running Costs/mo

£870

Cashflow/mo

£-372

Cashflow/yr

£-4,459

Gross Yield

2%

Local Sold Prices

50 sold prices from £37K to £200K, average is £83K. £398/m² to £2.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£130K06/210.01 mi30, Plunkett Road, Dipton, Stanley, County Durham DH9 9BJ2
£107.5K05/210.11 mi3, Ewehurst Crescent, Dipton, Stanley, County Durham DH9 9JA2
£82K12/200.12 mi16, Meadow View, Dipton, Stanley, Durham DH9 9LN2
£83K11/200.12 mi4, Lily Gardens, Dipton, Stanley, County Durham DH9 9BQ2
£95K04/210.17 mi4, Sawmill Cottages, Dipton, Stanley, County Durham DH9 9JT2
£129.7K02/230.38 mi12, Fern Terrace, Tantobie, Stanley, County Durham DH9 9SQ2
£58.8K04/230.41 mi23, Wordsworth Gardens, Dipton, Stanley, County Durham DH9 9LG2
£78K12/200.43 mi37, Wordsworth Gardens, Dipton, Stanley, County Durham DH9 9LQ2
£110K01/230.98 mi6, Oak Terrace, Tantobie, Stanley, County Durham DH9 9QY2
£55K03/231.01 mi10, Federation Terrace, Tantobie, Stanley, County Durham DH9 9TW2
£80K09/211.01 mi12, Ash Terrace, Tantobie, Stanley, County Durham DH9 9PJ2
£110K04/231.03 mi8, Liberty Terrace, Tantobie, Stanley, County Durham DH9 9TB2
£94K01/231.04 mi9, Liberty Terrace, Tantobie, Stanley, County Durham DH9 9TB2
£145K12/221.04 mi2, Cavendish Place, Hobson, Newcastle Upon Tyne, County Durham NE16 6EN2
£161K12/231.04 mi14, Cavendish Place, Hobson, Newcastle Upon Tyne, County Durham NE16 6EN2
£79K10/211.04 mi6, South View, Tantobie, Stanley, Durham DH9 9TH2
£64.5K01/211.04 mi5, South View, Tantobie, Stanley, County Durham DH9 9TH2
£95K06/231.05 mi7, Unity Terrace, Tantobie, Stanley, County Durham DH9 9TD2
£95K07/211.08 mi48, Front Street, Hobson, Newcastle Upon Tyne, Durham NE16 6EF2
£74K12/201.09 mi4, Cawthorne Terrace, Hobson, Newcastle Upon Tyne, County Durham NE16 6EJ2
£53.5K02/231.09 mi24, Harperley Gardens, Stanley, County Durham DH9 8RZ2
£125.5K10/231.17 mi36, Front Street, Hobson, Newcastle Upon Tyne, County Durham NE16 6EE2
£115K10/221.18 mi38, Front Street, Hobson, Newcastle Upon Tyne, County Durham NE16 6EE2
£150K06/211.25 mi11, Woodburn, Tanfield Lea, Stanley, County Durham DH9 9UR2
£50K02/211.27 mi2, Duke Street, Stanley, County Durham DH9 8SF2
£73K03/211.32 mi15, Windsor Drive, Stanley, Durham DH9 8SP2
£95K03/241.34 mi8, Friars Row, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JZ2
£100K10/221.35 mi3, Friars Row, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JZ2
£200K10/221.35 mi37, Windsor Drive, Stanley, County Durham DH9 8SR2
£95K05/231.37 mi14, Parkside, Tanfield Lea, Stanley, County Durham DH9 9NW2
£61.5K01/231.37 mi13, Parkside, Tanfield Lea, Stanley, County Durham DH9 9NW2
£55.8K07/231.42 mi6, Church Street, Catchgate, Stanley, County Durham DH9 8HE2
£76.5K03/211.43 mi19, Ryde Terrace, Stanley, Durham DH9 8HQ2
£90K12/211.44 mi2, Albion Gardens, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JR2
£83K11/211.46 mi9, Meadowfield Way, Tanfield Lea, Stanley, Durham DH9 9PG2
£140K04/211.46 mi14, Brackenridge, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6LH2
£42K02/211.51 mi21, Wesley Terrace, Stanley, County Durham DH9 8QL2
£63.5K01/231.51 mi18, Wesley Terrace, Stanley, County Durham DH9 8QL2
£76.5K06/231.51 mi7, Leith Gardens, Tanfield Lea, Stanley, County Durham DH9 9LZ2
£37K12/201.51 mi3, Wesley Terrace, Stanley, Durham DH9 8QL2
£61.8K06/211.54 mi11, Wolsingham Terrace, Stanley, County Durham DH9 8QJ2
£110K09/211.56 mi11, Crathorne Court, Burnopfield, Newcastle Upon Tyne, Durham NE16 6DA2
£86K02/231.56 mi5, Crathorne Court, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6DA2
£125K08/241.61 mi12, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB2
£70K05/211.61 mi2, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB2
£70K05/211.62 mi2, Maple Terrace, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JB2
£70K09/211.62 mi20, Stanhope Gardens, Stanley, County Durham DH9 8QG2
£82K03/231.63 mi8, Pine Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JA2
£80K08/231.63 mi18, Pine Avenue, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6JA2
£106K10/231.63 mi12, Cedar Crescent, Burnopfield, Newcastle Upon Tyne, County Durham NE16 6HU2

Local Rents

50 rents from £475/mo to £1.5K/mo, average is £663/mo.

RentDateDistanceAddressBeds 
£87107/230.1 mi-3
£1,50012/240.61 miThe Tiley at High Steads, Durham, DH93
£59512/240.72 mi-2
£55008/231.02 mi-3
£1,10006/241.07 miThe Meadows, Burnopfield, Newcastle upon Tyne, NE163
£75003/251.12 mi-3
£50008/231.13 mi-2
£50012/241.13 mi-2
£52512/241.26 mi-2
£1,10012/241.27 mi-4
£75003/251.41 mi-2
£69507/231.43 mi-3
£57512/241.45 mi-2
£62512/231.45 mi-2
£55012/241.45 mi-2
£69506/241.56 miGaresfield Gardens, Burnopfield2
£75007/241.57 miBriardene, Burnopfield2
£65005/241.58 miBirch Mews, Burnopfield, Newcastle upon Tyne, Durham, NE16 6LL2
£60012/241.59 miHamsterley Gardens, Annfield Plain, Stanley2
£60012/241.62 miAnnfield Place, ., Stanley, Durham, DH9 8NP2
£62510/231.63 mi-2
£75004/251.63 mi-2
£65011/231.64 mi-2
£67505/241.64 mi-2
£62505/241.65 miSyke Road, Burnopfield, Newcastle upon Tyne, Durham, NE16 6HD2
£75009/241.66 mi-2
£89505/241.72 miLilac Crescent, Burnopfield, NE163
£60008/231.72 mi-3
£99512/241.72 miFront Street, Annfield Plain, Stanley, County Durham, DH95
£55012/241.74 miMitchell Street, Annfield Plain, Stanley, County Durham, DH92
£62503/251.77 mi-2
£55001/251.78 mi-2
£65012/241.78 miClavering Place, Stanley, County Durham, DH93
£49512/241.78 miUnity Terrace, Stanley2
£59510/241.78 mi-2
£75012/241.79 mi-3
£75012/241.79 mi-3
£70012/241.79 mi-3
£80012/241.79 mi-3
£80011/241.79 mi-3
£1,00002/251.79 mi-3
£1,00010/241.79 mi-3
£80003/251.79 mi-3
£80003/251.79 mi-3
£47512/241.8 miCoronation Terrace, Stanley, Durham, DH92
£62512/241.81 miBroom Hill, Stanley3
£62507/241.81 mi-3
£75002/251.82 mi-3
£55012/241.84 miHawthorn Terrace, New Kyo, Stanley2
£95006/241.85 miDene View, Burnopfield, NE163

Local Area Statistics

Population in DH9

36,673

Nearest school

0.40 miles away

Nearest train station

6.33 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 £240,000

February 12, 2025

Listed for £250,000

January 24, 2025

Floor Plans

Description

  • Large Garden +
  • Photovoltaic Solar Panels +
  • Much Improved by Our Vendor +
  • Large Modern Kitchen Diner +
  • Modern Shower Room +
  • Garage and Driveway +

A large detached property, which has been much improved by the current owner, has a good size rear garden ideal for family barbeques.

Situated in the popular commuter village of Dipton, the property has the benefit of Photovoltaic solar panels, cavity wall insulation, an electric vehicle charging point, uPVC double glazing, gas central heating with combination boiler (installed 2019) and a large garden. The bungalow briefly comprises: Entrance Hall, large lounge, a large modern kitchen diner with quartz worktops and integrated appliances including a double eye-level oven, an induction hob, dishwasher, washing machine and fridge freezer. There is a first floor study above the garage, two bedrooms and a modern shower room. There is a single garage and a block paved driveway, large rear garden which has a greenhouse and shed.

Dipton is a popular commuter village with Local shops and the nearby A692 & A691 highways provide easy access to Stanley, Consett, Durham and Tyneside.

MATERIAL INFORMATION:

In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance

PART A
Local Authority – Durham County Council
Council Tax Band – C
Tenure – Freehold

PART B
Property Type – Detached
Property Construction – Standard brick
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Electricity supply – Mains
Water Supply - Mains
Sewerage – Mains
Heating - Mains gas fired boiler with radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website -

Estimated Broadband Download speeds – please refer to the Ofcom Website –
Parking: Drive and Garage

PART C
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm
Restrictions - Restrictive covenants apply - a list is available to view on request.
Rights & Easements- NA
Flood risk – Low Surface water flood risk
Coastal Erosion - NA
Protected Trees – NA
Conservation area – NA
Planning Permission – NA
Accessibility – The property has not been altered for accessibility
Mining Area – The property is situated in a coal mining reporting area.
Selective License Area – No

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

Agent Details

J W Wood, Consett

01207 265924

Next Steps?

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