2 Bed Terraced House, Single Let, DH9 0DF, £43,000

Slaidburn Road, Stanley, County Durham, DH9 0DF - 2 months ago

Auction
BTL
ROI: 18%
~68 m²
+3 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£631/m²

Value Estimate

£55,350
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£10,750

Stamp Duty & Legal Fees

£3,450

Total Cash In

£14,200

 

 

Cash Out

 

Rent Range

£420 - £675

Rent Estimate

£475

Running Costs/mo

£249

Cashflow/mo

£226

Cashflow/yr

£2,708

ROI

19%

Gross Yield

13%

Local Sold Prices

50 sold prices from £32.8K to £140K, average is £72.3K. £395/m² to £2.4K/m², average is £992/m².

PriceDateDistanceAddressBeds 
£32.8K01/210.1 mi107, John Street, Beamish, Stanley, County Durham DH9 0QP2
£80K04/230.17 mi37, Ridley Street, Stanley, County Durham DH9 0PD2
£56K02/210.17 mi28, Ridley Street, Stanley, Durham DH9 0PD2
£132.5K03/230.18 mi6, East Parade, Stanley, County Durham DH9 0PS2
£87.5K04/230.3 mi20, Constable Close, Stanley, County Durham DH9 6TE2
£55K11/200.31 mi10, Catherine Terrace, Shield Row, Stanley, Durham DH9 0EH2
£55K11/200.32 mi12, Ernest Terrace, Stanley, Durham DH9 0EQ2
£100K06/230.32 mi23, Betjeman Close, Stanley, County Durham DH9 6UD2
£54K10/210.33 mi16, Sylvia Terrace, Stanley, Durham DH9 0EG2
£54K10/210.33 mi16, Sylvia Terrace, Stanley, Durham DH9 0EG2
£53K05/230.33 mi9, Sylvia Terrace, Stanley, County Durham DH9 0EG2
£88K03/210.36 mi25, Newburn Road, Stanley, County Durham DH9 0EX2
£70K02/230.36 mi53, Wear Road, Stanley, County Durham DH9 6HL2
£66K02/210.36 mi51, Wear Road, Stanley, County Durham DH9 6HL2
£80K11/210.36 mi11, Kipling Close, Stanley, Durham DH9 6UA2
£90K10/200.38 mi13, Watson Street, Stanley, County Durham DH9 0ES2
£62.5K11/200.39 mi11, Walton Close, Stanley, Durham DH9 6TH2
£100K05/210.4 mi6, The Barns, Stanley, Durham DH9 8BN2
£66K06/230.4 mi2, West View Gardens, Stanley, County Durham DH9 8AR2
£68K02/230.4 mi8, Wansbeck Avenue, Stanley, County Durham DH9 6HR2
£63K08/210.41 mi18, Coates Close, Stanley, Durham DH9 6XA2
£97.5K11/220.42 mi14, Wansbeck Avenue, Stanley, County Durham DH9 6HR2
£78K12/200.44 mi27, Wansbeck Avenue, Stanley, County Durham DH9 6HS2
£71.5K03/210.44 mi4, Engels Terrace, Stanley, County Durham DH9 6QG2
£84K04/210.45 mi14, Milton Close, Stanley, County Durham DH9 6UB2
£83K11/200.46 mi26, Wansbeck Avenue, Stanley, Durham DH9 6HY2
£35K11/200.46 mi10, Spen Street, Stanley, Durham DH9 7NJ2
£72.5K06/230.46 mi2, Valley Close, South Stanley, Stanley, County Durham DH9 6HQ2
£83K04/210.47 mi10, Bede Close, Stanley, County Durham DH9 0TZ2
£85K07/210.47 mi76, Newburn Road, Stanley, County Durham DH9 0HJ2
£71K06/210.47 mi95, Newburn Road, Stanley, County Durham DH9 0HJ2
£75K04/210.47 mi75, Newburn Road, Stanley, County Durham DH9 0HJ2
£63.5K01/230.51 mi44, Spen Street, Stanley, County Durham DH9 7NJ2
£48.3K12/200.51 mi26, Tweed Terrace, Stanley, Durham DH9 6JN2
£86K03/230.51 mi24, Tweed Terrace, Stanley, County Durham DH9 6JN2
£63K12/220.51 mi2, Garden Terrace, Stanley, County Durham DH9 7NP2
£83K04/210.53 mi4, Sidney Close, Stanley, County Durham DH9 6UH2
£70K08/210.53 mi1, Joseph Street, Stanley, Durham DH9 7NS2
£77.5K06/230.53 mi5, Joseph Street, Stanley, County Durham DH9 7NS2
£50K11/200.53 mi24, Joseph Street, Stanley, Durham DH9 7NS2
£53.5K12/200.57 mi9, Malvern Terrace, Stanley, County Durham DH9 6QW2
£81.8K02/230.59 mi9, Evelyn Terrace, Stanley, County Durham DH9 7RN2
£72K11/210.6 mi33, Tyne Road East, Stanley, Durham DH9 6NF2
£73.5K02/230.63 mi79, Eastfields, Stanley, County Durham DH9 7DN2
£62K01/210.63 mi89, Eastfields, Stanley, Durham DH9 7DN2
£63K03/230.64 mi82, Eastfields, Stanley, County Durham DH9 7DN2
£77K12/200.66 mi24, Girvan Close, Stanley, Durham DH9 6UY2
£125K06/230.68 mi34, Kinross Drive, Stanley, County Durham DH9 6UT2
£107K05/210.68 mi36, Kinross Drive, Stanley, Durham DH9 6UT2
£140K12/210.72 mi8, Beamish View, Stanley, County Durham DH9 0XB2

Local Rents

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

RentDateDistanceAddressBeds 
£59512/240.05 miBelle Street, Stanley, DH92
£57512/240.12 miChurch Street, Stanley, County Durham, DH92
£52512/240.22 mi-2
£50012/240.32 mi-2
£55012/240.33 miSylvia Terrace, Stanley2
£57512/240.43 miWear Road, Stanley, County Durham, DH92
£60012/240.72 miOrwell Gardens, Stanley, Durham, DH92
£59512/240.79 miHollyhill Gardens, Stanley, DH92
£55012/240.81 miBircham Street, South Moor, Stanley, DH92
£42012/240.82 miPark Road, Stanley, County Durham, DH92
£53502/250.86 mi-2
£55012/240.87 miOliver Street, Stanley, Durham, DH9 7AQ2
£55004/250.87 mi-2
£50003/250.88 mi-2
£45001/250.89 mi-2
£67512/240.92 miKielder Drive, The Middles, Stanley, County Durham, DH92
£55002/250.92 mi-2
£55004/251.02 mi-2
£55012/241.02 miPoplar Street, Stanley, County Durham, DH92
£50001/251.07 mi-2
£42512/241.08 mi-2
£49012/241.09 miPoplar Street, Stanley, County Durham, DH92
£65004/251.09 mi-2
£52512/241.15 miPine Street, Stanley, County Durham, DH92

Local Area Statistics

Population in DH9

36,673

Nearest school

0.10 miles away

Nearest train station

4.68 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 £43,000

March 24, 2025

Listed for £45,000

February 28, 2025

Description

  • 2 Bedrooms +
  • Council Tax Band: A +
  • Tenure: Freehold +
  • Epc: D +
  • Nb +

FOR SALE VIA THE MODERN METHOD OF AUCTION...

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Hegartys Estate Agents, Houghton le Spring

0191 625 0179

Next Steps?

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