3 Bed Terraced House, Single Let, DH9 7AE, £59,950

Bircham Street, Stanley, DH9 7AE - 3 views - 3 months ago

Sold STC
BTL
ROI: 17%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£33K - £192.4K
Sold Prices/m²£495/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£645/m²

Value Estimate

£73,139
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£14,988

Stamp Duty & Legal Fees

£2,999

Total Cash In

£17,986

 

 

Cash Out

 

Rent Range

£550 - £1,795

Rent Estimate

£569

Running Costs/mo

£321

Cashflow/mo

£248

Cashflow/yr

£2,974

ROI

17%

Gross Yield

11%

Local Sold Prices

50 sold prices from £33K to £192.4K, average is £87K. £495/m² to £2K/m², average is £931/m².

PriceDateDistanceAddressBeds 
£55K01/230.08 mi161, Park Road, Stanley, County Durham DH9 7QE3
£71K01/230.08 mi114, Park Road, Stanley, County Durham DH9 7BL3
£50K11/210.12 mi12, Oliver Street, Stanley, Durham DH9 7AQ3
£80K02/230.12 mi9, Rydal Avenue, Stanley, County Durham DH9 7QR3
£64.5K01/210.12 mi130, Westfields, Stanley, County Durham DH9 7DG3
£95K02/230.18 mi1, Palmer Street, Stanley, County Durham DH9 7RD3
£75K02/210.18 mi26, Keswick Road, Stanley, Durham DH9 7QS3
£87K03/230.19 mi31, Windermere Terrace, Stanley, County Durham DH9 7QX3
£65K06/230.21 mi23, Parmeter Street, South Moor, Stanley, County Durham DH9 7AR3
£66K04/230.26 mi43, Mitchell Street, South Moor, Stanley, County Durham DH9 7BQ3
£192.4K03/210.26 mi52a, Joicey Terrace, Stanley, County Durham DH9 7LS3
£150K07/210.26 mi5, Coniscliffe Road, Stanley, Durham DH9 7RF3
£145K09/210.26 mi18, Coniscliffe Road, Stanley, County Durham DH9 7RF3
£55K08/230.27 mi23, Mitchell Street, South Moor, Stanley, County Durham DH9 7BE3
£125K03/210.29 mi9, Holyoake, South Moor, Stanley, Durham DH9 7BU3
£96K12/220.31 mi55, Orwell Gardens, Stanley, County Durham DH9 6QA3
£115K05/230.33 mi29, Tyne Road East, Stanley, County Durham DH9 6NF3
£57.8K07/230.35 mi36, Lime Street, South Moor, Stanley, County Durham DH9 7EJ3
£143K03/230.36 mi8, Grange Road, Stanley, County Durham DH9 7RQ3
£115K12/220.36 mi19, Orwell Gardens, Stanley, County Durham DH9 6QA3
£90K05/230.36 mi56, Heather Way, Stanley, County Durham DH9 7RP3
£88.8K07/210.37 mi56, Heather Way, Stanley, Durham DH9 7RP3
£63K01/210.38 mi56, Wansbeck Avenue, Stanley, County Durham DH9 6HU3
£127.5K03/230.48 mi10, Lenin Terrace, Stanley, County Durham DH9 6PA3
£52K02/210.56 mi95, Wear Road, Stanley, County Durham DH9 6HL3
£95K12/210.57 mi92, Wear Road, Stanley, County Durham DH9 6HW3
£87K02/210.59 mi20, North Terrace, Stanley, Durham DH9 7LD3
£90K08/210.74 mi96, Hollyhill Gardens East, Stanley, Durham DH9 6PG3
£78K06/210.74 mi92, Hollyhill Gardens East, Stanley, Durham DH9 6PG3
£125K03/230.74 mi14, Hollyhill Gardens East, Stanley, County Durham DH9 6PG3
£65.5K12/200.75 mi44, Third Street, Quaking Houses, Stanley, Durham DH9 7HA3
£33K11/200.75 mi11, Third Street, Quaking Houses, Stanley, County Durham DH9 7HA3
£43K03/230.76 mi1, Belle Street, Stanley, County Durham DH9 0DB3
£85K06/230.77 mi55, Durham Road, Stanley, County Durham DH9 6QY3
£153K08/210.77 mi11, Barnhill, Stanley, County Durham DH9 8AN3
£89K03/230.78 mi44, Burns Close, Stanley, County Durham DH9 6TP3
£60K03/210.79 mi24, Pentlands Terrace, Stanley, Durham DH9 6QJ3
£54.3K03/210.79 mi23, Pentlands Terrace, Stanley, Durham DH9 6QJ3
£75K06/210.8 mi4, Coates Close, Stanley, County Durham DH9 6XA3
£121.8K12/200.8 mi3, Sabin Court, Stanley, Durham DH9 7JA3
£55.5K01/210.81 mi32, Cleveland Terrace, Stanley, County Durham DH9 6QL3
£70K06/210.83 mi45, Whinside, Stanley, Durham DH9 8AU3
£130K11/220.84 mi5, Stanleyburn Court, New Kyo, Stanley, County Durham DH9 7GA3
£78.5K12/220.86 mi76, Fourth Street, Quaking Houses, Stanley, County Durham DH9 7HD3
£83K06/230.87 mi18, Broom Hill, Stanley, County Durham DH9 8AZ3
£157.5K02/210.9 mi92, Station Road, Stanley, County Durham DH9 0JU3
£177K12/220.92 mi38, Murray Park, Stanley, County Durham DH9 0PN3
£125K07/210.92 mi1, Murray Park, Stanley, Durham DH9 0PN3
£185K06/230.92 mi3, Murray Park, Stanley, County Durham DH9 0PN3
£184.9K12/220.95 mi85, Murray Park, Stanley, County Durham DH9 0PU3

Local Rents

32 rents from £550/mo to £1.8K/mo, average is £688/mo.

RentDateDistanceAddressBeds 
£1,79503/250.04 mi-3
£67511/240.07 mi-3
£62503/250.08 mi-3
£60004/250.09 mi-3
£60012/240.1 mi-3
£65003/250.14 mi-3
£95012/240.27 mi-3
£55012/240.35 miSpen Street, Stanley, Durham, DH93
£75001/250.65 mi-3
£60004/250.66 mi-3
£60004/250.66 mi-3
£62507/240.7 mi-3
£90012/240.8 mi-3
£90012/240.8 mi-3
£80012/240.8 mi-3
£85004/250.8 mi-3
£62512/240.8 mi-3
£62512/240.81 miBroom Hill, Stanley3
£57512/240.85 miSunny Terrace, Stanley, Co. Durham, DH93
£65003/250.98 mi-3
£65003/250.98 mi-3
£55012/241.01 miGreylingstadt Terrace, Stanley3
£62512/241.1 miSouth View, Annfield Plain, Stanley3
£75012/241.17 mi-3
£75012/241.17 mi-3
£70012/241.17 mi-3
£80012/241.17 mi-3
£80011/241.17 mi-3
£1,00002/251.17 mi-3
£1,00010/241.17 mi-3
£80003/251.17 mi-3
£80003/251.17 mi-3

Local Area Statistics

Population in DH9

36,673

Nearest school

0.30 miles away

Nearest train station

5.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Listed for £59,950

February 5, 2025

Floor Plans

Description

  • SOLD WITH A SITTING TENANT +
  • GREATLY EXTENDED +
  • LAND TO REAR FOR PARKING +
  • GOOD COMMUTING LINKS +
  • TWO RECEPTION ROOMS +
  • TWO BATHROOMS +
  • THREE BEDROOMS +
  • MID TERRACE HOUSE +
  • DOWNSTAIRS BATHROOM +
  • EN SUITE SHOWER ROOM +

* TO BE SOLD WITH A SITTING TENANT * GREATLY EXTENDED * LAND TO REAR FOR PARKING * GOOD COMMUTING LINKS * TWO RECEPTION ROOMS & TWO BATHROOMS *

We are delighted to offer for sale this greatly extended three-bedroom mid-terraced home, pleasantly situated in South Moor, Stanley, Durham, and benefiting from a sitting tenant providing immediate income. This spacious property is an ideal investment opportunity, offering a well-proportioned layout and local amenities.

Internally, the accommodation briefly comprises a welcoming hallway, a generous living room, a separate dining room, and a modern kitchen. Beyond the kitchen, there is a rear lobby leading to an enclosed yard, as well as a white three-piece suite bathroom.

To the first floor, there are three good-sized bedrooms, with the master bedroom benefiting from en-suite facilities.

Externally, the property has an enclosed rear yard, and across a small rear lane, there is a plot of land providing off-street parking—a valuable addition.

Situated close to schools and local amenities, the property also benefits from good commuting links to Durham, Newcastle, and surrounding areas, making it a convenient choice for tenants. With its sizeable extension, two reception rooms, and sitting tenant, this is an excellent opportunity not to be missed.

Ground Floor -

Hallway -

Lounge - 3.8 x 3.6 (12'5" x 11'9") -

Dining Room - 4.6 x 3.8 (15'1" x 12'5") -

Kitchen - 3.1 x 1.8 (10'2" x 5'10") -

Rear Lobby -

Bathroom - 2.1 x 1.8 (6'10" x 5'10") -

First Floor -

Landing -

Bedroom - 4.7 x 3.9 (15'5" x 12'9") -

En-Suite - 3.2 x 1.8 (10'5" x 5'10") -

Bedroom - 4 x 2.5 (13'1" x 8'2") -

Bedroom - 3 x 2 (9'10" x 6'6") -

Agent's Notes - Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating: Gas Central Heating
Broadband: Basic 16 Mbps, Superfast 281 Mbps, Ultrafast 1,139 Mbps
Mobile Signal/Coverage: Good/Average
Tenure: Freehold
Council Tax: Durham County Council, Band A - Approx. £1,621 p.a
Energy Rating: TBC

Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities. Robinsons cannot accept liability for any information provided.

Agent Details

Robinsons, Chester Le Street

0191 625 0844

Next Steps?

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