3 Bed Semi-Detached House, Cash/Bridging Only, DH9 6QY, £117,500

1 Durham Road, South Stanley, Co. Durham, DH9 6QY - 3 views - a month ago

Cash
ROI: 3%
~93 m²
+25 photos

ValuationOvervalued

Sold Prices£43K - £205K
Sold Prices/m²£429/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£110,057

 

 

End Value (After Refurb)

£115,913

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£29,375

Stamp Duty & Legal Fees

£7,075

Refurb Costs

£35,871

Bridging Loan Interest

£3,084

Total Cash In

£77,156

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£115,913

Mortgage (After Refinance)

£86,935

Mortgage LTV

75%

Cash Left In

£77,156

Equity

£28,978

Rent Range

£550 - £1,795

Rent Estimate

£747

Running Costs/mo

£532

Cashflow/mo

£215

Cashflow/yr

£2,584

ROI

3%

Gross Yield

8%

Local Sold Prices

51 sold prices from £43K to £205K, average is £100K. £429/m² to £2K/m², average is £1.1K/m².

PriceDateDistanceAddressBeds 
£85K06/230.04 mi55, Durham Road, Stanley, County Durham DH9 6QY3
£78K06/210.07 mi92, Hollyhill Gardens East, Stanley, Durham DH9 6PG3
£90K08/210.07 mi96, Hollyhill Gardens East, Stanley, Durham DH9 6PG3
£125K03/230.07 mi14, Hollyhill Gardens East, Stanley, County Durham DH9 6PG3
£55.5K01/210.1 mi32, Cleveland Terrace, Stanley, County Durham DH9 6QL3
£54.3K03/210.16 mi23, Pentlands Terrace, Stanley, Durham DH9 6QJ3
£60K03/210.16 mi24, Pentlands Terrace, Stanley, Durham DH9 6QJ3
£75K06/210.21 mi4, Coates Close, Stanley, County Durham DH9 6XA3
£75K12/200.27 mi4, Aylward Place, Stanley, Durham DH9 6XF3
£85K05/230.27 mi8, Aylward Place, Stanley, County Durham DH9 6XF3
£95K12/210.31 mi92, Wear Road, Stanley, County Durham DH9 6HW3
£127.5K03/230.33 mi10, Lenin Terrace, Stanley, County Durham DH9 6PA3
£52K02/210.35 mi95, Wear Road, Stanley, County Durham DH9 6HL3
£159.9K01/210.35 mi15, Sheridan Drive, Stanley, Durham DH9 6YX3
£149.9K03/210.35 mi66, Mowlam Drive, Stanley, Durham DH9 6YY3
£175K09/210.35 mi4, Mowlam Drive, Stanley, Durham DH9 6YY3
£89K03/230.39 mi44, Burns Close, Stanley, County Durham DH9 6TP3
£120K07/210.45 mi29, Kipling Close, Stanley, County Durham DH9 6UA3
£115K07/210.45 mi30, Kipling Close, Stanley, Durham DH9 6UA3
£115K12/220.45 mi19, Orwell Gardens, Stanley, County Durham DH9 6QA3
£170K07/210.45 mi9, Girvan Close, Stanley, Durham DH9 6UY3
£63K01/210.46 mi56, Wansbeck Avenue, Stanley, County Durham DH9 6HU3
£115K05/230.46 mi29, Tyne Road East, Stanley, County Durham DH9 6NF3
£115K01/230.49 mi14, Elgin Grove, Stanley, County Durham DH9 6UP3
£118K07/230.49 mi6, Elgin Grove, Stanley, County Durham DH9 6UP3
£100K01/230.49 mi32, Browning Close, Stanley, County Durham DH9 6UE3
£53K06/210.51 mi41, Standerton Terrace, Stanley, County Durham DH9 6DD3
£96K12/220.51 mi55, Orwell Gardens, Stanley, County Durham DH9 6QA3
£100K03/230.53 mi28, Betjeman Close, Stanley, County Durham DH9 6UD3
£86K03/230.53 mi16, Betjeman Close, Stanley, County Durham DH9 6UD3
£112.5K02/230.58 mi19, Sidney Close, Stanley, County Durham DH9 6UH3
£115K03/230.6 mi48, Woodside Gardens, Stanley, County Durham DH9 6BA3
£45K08/230.6 mi11, Woodside Gardens, Stanley, County Durham DH9 6BA3
£103K03/230.61 mi14, Pemberton Terrace North, Stanley, County Durham DH9 6AU3
£43K03/230.61 mi1, Belle Street, Stanley, County Durham DH9 0DB3
£80K06/230.65 mi18, Shakespeare Close, Stanley, County Durham DH9 6UJ3
£57.5K03/210.65 mi43, Penshaw Gardens, Stanley, Durham DH9 6RQ3
£90K02/230.65 mi44, Penshaw Gardens, Stanley, County Durham DH9 6RQ3
£113K01/230.69 mi28, Kimberley Gardens, Stanley, County Durham DH9 6DL3
£125K07/210.72 mi1, Murray Park, Stanley, Durham DH9 0PN3
£177K12/220.72 mi38, Murray Park, Stanley, County Durham DH9 0PN3
£185K06/230.72 mi3, Murray Park, Stanley, County Durham DH9 0PN3
£184.9K12/220.72 mi85, Murray Park, Stanley, County Durham DH9 0PU3
£205K09/210.73 mi62, East Street, Stanley, County Durham DH9 0UF3
£115K02/230.76 mi14, Dene View, Stanley, County Durham DH9 6RB3
£115K02/230.76 mi14, Dene View, Stanley, County Durham DH9 6RB3
£64.5K01/210.76 mi130, Westfields, Stanley, County Durham DH9 7DG3
£90K02/210.77 mi3, St Brelades Way, Stanley, County Durham DH9 0UN3
£90K02/210.77 mi3, St Brelades Way, Stanley, County Durham DH9 0UN3
£130.5K05/210.78 mi25, Hill Top, Stanley, County Durham DH9 0UZ3
£125K03/210.78 mi9, Holyoake, South Moor, Stanley, Durham DH9 7BU3

Local Rents

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

RentDateDistanceAddressBeds 
£90012/240.05 mi-3
£90012/240.05 mi-3
£80012/240.05 mi-3
£85004/250.05 mi-3
£65003/250.18 mi-3
£65003/250.18 mi-3
£55012/240.47 miGreylingstadt Terrace, Stanley3
£62512/240.59 mi-3
£55012/240.6 miSpen Street, Stanley, Durham, DH93
£67511/240.73 mi-3
£60004/250.76 mi-3
£60004/250.76 mi-3
£77512/240.81 miGibside Close, Stanley, Durham, DH93
£60004/250.83 mi-3
£60012/240.83 mi-3
£1,79503/250.84 mi-3
£62503/250.84 mi-3
£65003/250.85 mi-3
£95012/240.93 mi-3
£57512/240.96 miSunny Terrace, Stanley, Co. Durham, DH93
£62512/241.12 miBroom Hill, Stanley3

Local Area Statistics

Population in DH9

36,673

Nearest school

0.20 miles away

Nearest train station

4.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Listed for £117,500

March 28, 2025

Floor Plans

Description

  • Semi-detached house +
  • Three bedrooms +
  • Secure off-street parking and low maintenance garden +
  • Lounge and separate dining room +
  • Kitchen, utility and ground floor WC +
  • Wardrobes and cupboards to the bedrooms +
  • Brick tool shed +
  • Gas central heating +
  • EPC rating D (66) +
  • Virtual tours available on our website +

Enhanced by the current owners, this three-bedroom semi-detached house boasts an array of sought-after features, making it an ideal home for families. Enjoy the ease of low maintenance patio gardens. Secure parking provided by driveway for several vehicles. Recent enhancements include professional re-pointing and rendering, a newly installed central heating boiler, and a practical, partially boarded loft complete with access ladder. The ground floor layout features a welcoming hallway, a cosy lounge, a separate dining room perfect for entertaining, a well-appointed kitchen, a utility room for extra convenience, and a handy WC. Upstairs comprises a landing area leading to three bedrooms-each featuring built-in storage-and a neatly presented bathroom. Additional storage solutions provided by a large brick tool shed, gas combi central heating, uPVC double glazing, freehold, Council Tax band A, EPC rating D (66). Virtual tours available on our website. 

HALLWAY 12' 6" x 6' 1" (3.83m x 1.86m) Composite double glazed entrance door, uPVC double glazed side window, telephone point, stairs to the first floor with cupboard beneath, single radiator and glazed doors to the lounge and kitchen. 

LOUNGE 12' 5" x 12' 11" (3.80m x 3.95m) Feature electric fire, uPVC double glazed window, single radiator, TV aerial and a glazed door to the dining room. 

DINING ROOM 9' 6" x 10' 5" (2.91m x 3.18m) Storage cupboard, uPVC double glazed window and a single radiator. 

KITCHEN 11' 2" x 8' 6" (3.42m x 2.60m) Fitted with a range of wall and base units with soft-closing mechanisms, laminate worktops and tiled splash-backs. Integrated electric oven/grill, inset gas hob with an extractor canopy over. Inset sink with vegetable drainer and mixer tap. Additional built-in storage cupboard, uPVC double glazed window, single radiator and a glazed door leading to the utility room. 

UTILITY ROOM 7' 10" x 5' 10" (2.40m x 1.80m) Base unit housing space and plumbing for a washing machine, laminate worktop, space for a fridge/freezer, single radiator, uPVC double glazed window, door leading to the cloakroom/WC and a side uPVC double glazed exit door.  

CLOAKROOM/WC 5' 2" x 5' 10" (1.58m x 1.80m) WC, wash basin with base storage, tiled splash-back, single radiator, uPVC double glazed window, wall mounted soap dispenser and a loft access hatch. 

FIRST FLOOR  

LANDING 8' 4" x 6' 0" (2.55m x 1.85m) uPVC double glazed window, loft access hatch with pull-down ladder (part boarded with light), cupboard and doors leading to the bedrooms and bathroom.  

BEDROOM 1 (TO THE FRONT) 12' 4" x 10' 9" (3.78m x 3.30m) Fitted wardrobes, additional storage cupboard, uPVC double glazed window and a single radiator. 

BEDROOM 2 (TO THE REAR) 10' 0" x 11' 1" (3.05m x 3.38m) Built-in storage cupboard, uPVC double glazed window, single radiator and a TV aerial cable. 

BEDROOM 3 (TO THE FRONT) Fitted wardrobes, additional storage cupboard, uPVC double glazed window and a single radiator. 

BATHROOM 5' 7" x 8' 0" (1.71m x 2.46m) A white suite featuring a P-shaped panelled bath with glazed screen and electric shower over. Wash basin with base storage, WC, PVC panelled walls and ceiling, chrome towel radiator, LED spotlights and uPVC double glazed windows. 

EXTERNAL  

TO THE FRONT Low maintenance block paved patio enclosed by timber fence and hedging. Side gate leads to the rear. 

TO THE SIDE & REAR Low maintenance garden with block paving enclosed by timber fencing. To the side is an attached brick-built tool shed measuring 1.54m x 2.00m with cold water supply tap. Pathway leads to the rear. 

HEATING Gas fired central heating via combination boiler and radiators. 

GLAZING uPVC double glazing installed. 

ENERGY EFFICIENCY EPC rating D (66). 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. 

BROADBAND SPEEDS According to Ofcom average download speed of the fastest package currently available at this postcode is Ultrafast 1000 Mbs. Suitable for web & social, flawless video calls, 4K 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, Twitter 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?

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