3 Bed Terraced House, Cash/Bridging Only, DH9 0EP, £85,000

Shafto Terrace, Shield Row, Stanley, DH9 0EP - 2 views - 23 days ago

Cash
ROI: 4%
~93 m²
+18 photos

ValuationFair Value

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

 

 

Square Metres

~93 m²
Price/m²£914/m²

Value Estimate

£85,000

 

 

End Value (After Refurb)

£117,357

Uplift in Value

+38%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Refurb Costs

£35,871

Bridging Loan Interest

£2,231

Total Cash In

£66,553

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£117,357

Mortgage (After Refinance)

£88,018

Mortgage LTV

75%

Cash Released

£24,268

Cash Left In

£42,285

Equity

£29,339

Rent Range

£550 - £1,795

Rent Estimate

£758

Running Costs/mo

£538

Cashflow/mo

£220

Cashflow/yr

£2,636

ROI

4%

Gross Yield

11%

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 
£92K11/210.04 mi10, Robert Terrace, Stanley, County Durham DH9 0ER3
£122.5K06/230.05 mi6, Sylvia Terrace, Stanley, County Durham DH9 0EG3
£101K12/220.07 mi7, Wylam Terrace, Stanley, County Durham DH9 0EF3
£84K05/210.08 mi17, Gordon Terrace, Stanley, Durham DH9 0LF3
£110K02/230.09 mi30, Wylam Road, Stanley, County Durham DH9 0EN3
£50K12/200.11 mi50, Newburn Road, Stanley, County Durham DH9 0EX3
£110K03/210.12 mi4, Station Villas, Shield Row, Stanley, Durham DH9 8RJ3
£139.9K12/220.16 mi10, Pelaw Avenue, Stanley, County Durham DH9 0EZ3
£184.9K12/220.17 mi85, Murray Park, Stanley, County Durham DH9 0PU3
£79K02/230.17 mi81, Newburn Road, Stanley, County Durham DH9 0HJ3
£177K12/220.17 mi38, Murray Park, Stanley, County Durham DH9 0PN3
£125K07/210.17 mi1, Murray Park, Stanley, Durham DH9 0PN3
£185K06/230.17 mi3, Murray Park, Stanley, County Durham DH9 0PN3
£90K06/210.19 mi1, Pearson Street, Stanley, Durham DH9 8RQ3
£190K01/210.19 miMarzion, Pearson Street, Stanley, Durham DH9 8RQ3
£157.5K02/210.22 mi92, Station Road, Stanley, County Durham DH9 0JU3
£220K11/220.22 mi132, Orchard Grove, Shield Row, Stanley, County Durham DH9 8NY3
£215K04/230.22 mi128, Orchard Grove, Shield Row, Stanley, County Durham DH9 8NY3
£92K02/230.25 mi55, Hillside Gardens, Stanley, County Durham DH9 0HB3
£210K01/230.27 mi5, Charnwood, Stanley, County Durham DH9 8BW3
£115K11/200.27 mi39a, Orchard Grove, Shield Row, Stanley, County Durham DH9 8NG3
£186K11/200.3 mi14, Cumbria Place, Stanley, Durham DH9 0HN3
£160K03/210.3 mi13, Cumbria Place, Stanley, County Durham DH9 0HN3
£43K03/230.33 mi1, Belle Street, Stanley, County Durham DH9 0DB3
£153K08/210.35 mi11, Barnhill, Stanley, County Durham DH9 8AN3
£183.5K04/230.35 mi8, James Street, Shield Row, Stanley, County Durham DH9 8RH3
£245K01/230.36 mi21, Badgers Wood, Stanley, County Durham DH9 0HR3
£165K07/210.37 mi18, Northumbria Place, Stanley, Durham DH9 0UB3
£165K07/210.37 mi18, Northumbria Place, Stanley, Durham DH9 0UB3
£160K02/230.37 mi22, Northumbria Place, Stanley, County Durham DH9 0UB3
£400K11/220.4 miAlicia House, Causey Way, Kip Hill, Stanley, County Durham DH9 8RN3
£100K03/230.45 mi28, Betjeman Close, Stanley, County Durham DH9 6UD3
£86K03/230.45 mi16, Betjeman Close, Stanley, County Durham DH9 6UD3
£205K09/210.49 mi62, East Street, Stanley, County Durham DH9 0UF3
£89K03/230.5 mi44, Burns Close, Stanley, County Durham DH9 6TP3
£100K01/230.53 mi32, Browning Close, Stanley, County Durham DH9 6UE3
£115K07/210.53 mi30, Kipling Close, Stanley, Durham DH9 6UA3
£120K07/210.53 mi29, Kipling Close, Stanley, County Durham DH9 6UA3
£105K06/230.54 mi8, St Heliers Way, Stanley, County Durham DH9 0UR3
£83K06/230.57 mi18, Broom Hill, Stanley, County Durham DH9 8AZ3
£112.5K02/230.61 mi19, Sidney Close, Stanley, County Durham DH9 6UH3
£90K02/210.63 mi3, St Brelades Way, Stanley, County Durham DH9 0UN3
£90K02/210.63 mi3, St Brelades Way, Stanley, County Durham DH9 0UN3
£70K06/210.63 mi45, Whinside, Stanley, Durham DH9 8AU3
£135K10/200.65 mi6, Aberfoyle Court, Stanley, Durham DH9 6UL3
£130.5K05/210.65 mi25, Hill Top, Stanley, County Durham DH9 0UZ3
£80K06/230.65 mi18, Shakespeare Close, Stanley, County Durham DH9 6UJ3
£175K09/210.66 mi4, Mowlam Drive, Stanley, Durham DH9 6YY3
£149.9K03/210.66 mi66, Mowlam Drive, Stanley, Durham DH9 6YY3
£52K02/210.67 mi95, Wear Road, Stanley, County Durham DH9 6HL3

Local Rents

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

RentDateDistanceAddressBeds 
£62512/240.32 mi-3
£57512/240.34 miSunny Terrace, Stanley, Co. Durham, DH93
£60003/250.42 mi-3
£77512/240.51 miGibside Close, Stanley, Durham, DH93
£62512/240.59 miBroom Hill, Stanley3
£55012/240.72 miSpen Street, Stanley, Durham, DH93
£90012/240.84 mi-3
£90012/240.84 mi-3
£80012/240.84 mi-3
£85003/250.84 mi-3
£65003/250.95 mi-3
£65003/250.95 mi-3
£95012/240.95 mi-3
£65003/250.99 mi-3
£67511/241.06 mi-3
£1,79503/251.09 mi-3
£62503/251.14 mi-3
£60003/251.15 mi-3
£60012/241.16 mi-3

Local Area Statistics

Population in DH9

36,673

Nearest school

0.30 miles away

Nearest train station

4.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Listed for £85,000

March 15, 2025

Floor Plans

Description

  • Deceptively spacious three-bedroom terraced house. +
  • Located in the Shield Row area of Stanley. +
  • Ideal for first-time buyers or investors. +
  • Ground floor includes a lobby, hallway, lounge, kitchen/diner, rear lobby, and bathroom. +
  • First floor features three bedrooms, one with a large walk-in storage cupboard. +
  • Equipped with gas combi central heating. +
  • Full uPVC double glazing throughout. +
  • Freehold tenure with Council Tax band A. +
  • Energy Performance Certificate (EPC) rating D (56) +
  • Virtual tours available on our website. +

This deceptively spacious three-bedroom terraced house is situated in the Shield Row area of Stanley and offers an excellent opportunity for first-time buyers or investors. The property features a welcoming lobby, hallway, lounge, kitchen/diner, rear lobby, and a bathroom on the ground floor. The first floor comprises a landing, three bedrooms (one with a large walk-in storage cupboard), a front garden, and a self-contained rear yard. Additional benefits include gas combi central heating, full uPVC double glazing, a freehold tenure, and a Council Tax band A. An Energy Performance Certificate (EPC) rating of D (56) is noted. Virtual tours are available on our website. 

ENTRANCE LOBBY 4' 9" x 3' 3" (1.45m x 1.00m) uPVC entrance door with matching double glazed window over. Door leads to the hallway. 

HALLWAY Door to the lounge, archway leads to the kitchen/diner. 

LOUNGE 14' 11" x 11' 6" (4.55m x 3.51m) Feature fire surround with inset electric fire, large bay with uPVC double glazed windows, double radiator and moulded cornicing. 

KITCHEN/DINER 14' 9" x 14' 8" (4.50m x 4.48m) A generous room fitted with a range of wall and base units with contrasting laminate worktops and PVC splash-backs. Integrated electric oven/grill, four ring gas hob with stainless steel splash-back and extractor canopy over. Sink with mixer tap, plumbed for a washing machine and space for a tumble dryer, wall mounted gas combi central heating boiler, uPVC double glazed window, single radiator, coving, arch to the hallway, stairs to the first floor and a door leading to the rear lobby. 

REAR LOBBY uPVC double glazed rear exit door and a door leading to the bathroom. 

BATHROOM 7' 8" x 7' 3" (2.35m x 2.21m) A white suite with PVC panelled walls and ceiling, panelled bath with electric shower over, WC, pedestal wash basin, double radiator and a uPVC double glazed window. 

FIRST FLOOR  

LANDING Doors lead off the landing to the three bedrooms. 

BEDROOM 1 (TO THE FRONT) 11' 7" x 10' 7" (3.54m x 3.23m) uPVC double glazed window, double radiator, large walk-in storage cupboard with shelves and rails. 

BEDROOM 2 (TO THE REAR) 8' 7" x 7' 10" (2.62m x 2.40m) uPVC double glazed window and a single radiator. 

BEDROOM 3 (TO THE REAR) 11' 5" x 6' 11" (3.50m x 2.13m) uPVC double glazed window and a single radiator. 

EXTERNAL  

TO THE FRONT Forecourt garden enclosed by wall and gate. 

TO THE REAR Self-contained yard.  

PARKING On-street parking to the rear. 

HEATING Gas fired central heating via combination boiler and radiators. 

GLAZING uPVC double glazing installed in 2017. 

ENERGY EFFICIENCY EPC rating D (56). Please speak to a member of staff for a copy of the full Energy Performance Certificate. 

TENURE We understand that the property is freehold. We would recommend that any purchaser has this confirmed by their legal advisor.  

COUNCIL TAX The property is in Council Tax band A, which is currently £1,621 P.A. 

MINING The property is located within a former mining area. 

BROADBAND SPEEDS AVAILABLE Average download speed of the fastest package currently available at this postcode is classed as ultra-fast 1,000Mb. Suitable for web & social, video calls, streaming and online gaming. We would recommend contacting a supplier to get he most accurate and up to date data. 

MOBILE PHONE COVERAGE EE (Excellent), Vodafone (Excellent), Three (Excellent), O2 (Excellent). 

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, X and Instagram. To arrange a viewing please contact the office.  

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. 

MORTGAGE ADVICE 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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