3 Bed Terraced House, Single Let, DH9 7UN, £70,000

Vincent Terrace, Annfield Plain, Stanley, County Durham, DH9 7UN - 3 views - 2 months ago

BTL
ROI: 15%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£45K - £182K
Sold Prices/m²£643/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£84,700
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£600 - £1,000

Rent Estimate

£625

Running Costs/mo

£364

Cashflow/mo

£261

Cashflow/yr

£3,135

ROI

15%

Gross Yield

11%

Local Sold Prices

41 sold prices from £45K to £182K, average is £90K. £643/m² to £2.1K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£52K03/230.09 mi34, Durham Road, Annfield Plain, Stanley, County Durham DH9 7UF3
£108K10/200.12 mi14, Leeholme Court, Stanley, Durham DH9 7YD3
£77K07/230.12 mi15, Leeholme Court, Stanley, County Durham DH9 7YD3
£110K09/210.24 mi24, Teesdale Terrace, Stanley, County Durham DH9 7TU3
£100K12/220.24 mi1, Weardale Terrace, Annfield Plain, Stanley, County Durham DH9 7TX3
£86K01/210.24 mi21, Weardale Terrace, Stanley, Durham DH9 7TX3
£82K04/210.27 mi29, South View, Annfield Plain, Stanley, Durham DH9 7UB3
£90K03/230.3 mi5, Pennine Court, Stanley, County Durham DH9 8TZ3
£90K12/200.3 mi12, Pennine Court, Stanley, Durham DH9 8TZ3
£82K12/200.35 mi7, Skiddaw Court, Stanley, Durham DH9 8UB3
£74K02/210.4 mi32, Hamsterley Gardens, Stanley, County Durham DH9 8JR3
£172K10/210.42 mi11, Queens Parade, Stanley, County Durham DH9 8JY3
£114K11/200.42 mi11, Queens Parade, Stanley, County Durham DH9 8JY3
£130K11/220.45 mi5, Stanleyburn Court, New Kyo, Stanley, County Durham DH9 7GA3
£88K01/230.51 mi4, Derwent Terrace, Stanley, County Durham DH9 8NN3
£121.8K12/200.52 mi3, Sabin Court, Stanley, Durham DH9 7JA3
£72K04/230.53 mi3, Low Church Street, Stanley, County Durham DH9 8HF3
£73K11/210.55 mi19, Oakwood, Stanley, County Durham DH9 8ND3
£130K10/210.55 mi16, Manor Drive, Stanley, County Durham DH9 8SS3
£182K03/210.57 mi4, Fairfield, Stanley, Durham DH9 8TR3
£123K11/200.58 mi62, Windsor Drive, Stanley, Durham DH9 8SR3
£86K02/230.59 mi14, Annfield Place, Stanley, County Durham DH9 8NW3
£130K12/200.6 mi8, Valley View, Stanley, County Durham DH9 8EY3
£107K03/210.62 mi30, The Croft, Stanley, Durham DH9 8NQ3
£122.5K07/230.62 mi7, Croft Close, Greencroft, Stanley, County Durham DH9 8NZ3
£72.5K11/210.64 mi83, Annfield Place, Stanley, County Durham DH9 8NP3
£130K05/230.65 mi14, Bethany Gardens, Stanley, County Durham DH9 8SL3
£117.5K03/210.66 mi14, Loud View Terrace, Stanley, County Durham DH9 8PG3
£105K02/210.66 mi16, Loud View Terrace, Stanley, Durham DH9 8PG3
£125K01/210.67 mi3, Garden Villas, West Kyo, Stanley, County Durham DH9 8SY3
£62K06/210.69 mi7, The Ridings, Stanley, Durham DH9 8EE3
£62K06/210.69 mi7, The Ridings, Stanley, Durham DH9 8EE3
£45K02/230.69 mi9, The Ridings, Stanley, County Durham DH9 8EE3
£95K10/200.74 mi23, Viscount Close, Catchgate, Stanley, County Durham DH9 8FD3
£67K11/220.76 mi23, Balmoral Avenue, Catchgate, Stanley, County Durham DH9 8FH3
£87K02/210.77 mi20, North Terrace, Stanley, Durham DH9 7LD3
£52K02/210.79 mi29, Langdon Gardens, Stanley, Durham DH9 8RR3
£63K01/210.83 mi17, Kirkfield Gardens, Stanley, Durham DH9 8SB3
£58K10/210.86 mi2, Harperley Gardens, Stanley, County Durham DH9 8RZ3
£80K08/230.86 mi2, Harperley Gardens, Stanley, County Durham DH9 8RZ3
£105K03/210.88 mi15, Century Terrace, Catchgate, Stanley, County Durham DH9 8DZ3

Local Rents

14 rents from £600/mo to £1K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75012/240.17 mi-3
£75012/240.17 mi-3
£70012/240.17 mi-3
£80012/240.17 mi-3
£80004/250.17 mi-3
£1,00002/250.17 mi-3
£1,00010/240.17 mi-3
£80003/250.17 mi-3
£80003/250.17 mi-3
£62512/240.19 miSouth View, Annfield Plain, Stanley3
£60008/230.22 mi-3
£65012/240.25 miClavering Place, Stanley, County Durham, DH93
£69507/230.53 mi-3
£62507/240.62 mi-3

Local Area Statistics

Population in DH9

36,673

Nearest school

0.10 miles away

Nearest train station

6.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Listed for £70,000

February 14, 2025

Floor Plans

Description

Sylvester Properties are delighted to welcome to the sales market this spacious three-bedroom mid-terraced property, although the property is in need of refurbishment it is still brimming with character and ready for your personal touch. Nestled in the heart of Annfield Plain, this home offers an incredible opportunity for those looking to create a family home.

Hallway
As you enter through the welcoming porch, you are greeted by a generous hallway that sets the tone for the expansive living spaces that lie beyond.

Lounge
The layout is thoughtfully designed to maximize comfort and functionality, featuring two inviting reception rooms that offer ample space for relaxation and entertaining.

Dining Room 12'6" x 12'4" (3.8m x 3.76m)

Kitchen 11'8" x 8'2" (3.56m x 2.5m)
The well-proportioned kitchen will require some refurbishment ready for your modern upgrades the kitchen provides ample space to house white goods. Currently fitted with a range of wall and base units, integrated oven, sink.

Master Bedroom 12'10" x 11'3" (3.9m x 3.43m)
With three spacious bedrooms upstairs, there’s plenty of room for family members or guests.

Bedroom Two 12'6" x 10'8" (3.8m x 3.25m)

Bedroom Three 10'7" x 7'5" (3.23m x 2.26m)

Bathroom
The family bathroom completes is currently fitted with a white three-piece suite including a bath, hand basin and a WC.

To the rear of the property lies an enclosed private yard—an ideal spot for outdoor enjoyment.

Conveniently located near local amenities, supermarkets, and excellent transport links.

Agent Details

Sylvester Properties, Stanley

01202 145447

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪