3 Bed Semi-Detached House, Cash/Bridging Only, DH9 7GB, £75,000

Stanleyburn View, New Kyo, Stanley, DH9 7GB - 15 days ago

Cash
ROI: 7%
~93 m²
+22 photos

ValuationFair Value

Sold Prices£33K - £192.4K
Sold Prices/m²£495/m² - £2.1K/m²

 

 

Square Metres

~93 m²
Price/m²£806/m²

Value Estimate

£76,500

 

 

End Value (After Refurb)

£79,714

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£35,871

Bridging Loan Interest

£1,969

Total Cash In

£63,290

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£79,714

Mortgage (After Refinance)

£59,786

Mortgage LTV

75%

Cash Released

£3,536

Cash Left In

£59,754

Equity

£19,929

Rent Range

£600 - £1,000

Rent Estimate

£769

Running Costs/mo

£423

Cashflow/mo

£346

Cashflow/yr

£4,153

ROI

7%

Gross Yield

12%

Local Sold Prices

50 sold prices from £33K to £192.4K, average is £86.5K. £495/m² to £2.1K/m², average is £946/m².

PriceDateDistanceAddressBeds 
£121.8K12/200.08 mi3, Sabin Court, Stanley, Durham DH9 7JA3
£130K11/220.09 mi5, Stanleyburn Court, New Kyo, Stanley, County Durham DH9 7GA3
£87K02/210.26 mi20, North Terrace, Stanley, Durham DH9 7LD3
£82K04/210.27 mi29, South View, Annfield Plain, Stanley, Durham DH9 7UB3
£100K12/220.31 mi1, Weardale Terrace, Annfield Plain, Stanley, County Durham DH9 7TX3
£86K01/210.31 mi21, Weardale Terrace, Stanley, Durham DH9 7TX3
£110K09/210.32 mi24, Teesdale Terrace, Stanley, County Durham DH9 7TU3
£77K07/230.42 mi15, Leeholme Court, Stanley, County Durham DH9 7YD3
£52K03/230.44 mi34, Durham Road, Annfield Plain, Stanley, County Durham DH9 7UF3
£55K08/230.57 mi23, Mitchell Street, South Moor, Stanley, County Durham DH9 7BE3
£66K04/230.58 mi43, Mitchell Street, South Moor, Stanley, County Durham DH9 7BQ3
£87K03/230.58 mi31, Windermere Terrace, Stanley, County Durham DH9 7QX3
£75K02/210.58 mi26, Keswick Road, Stanley, Durham DH9 7QS3
£182K03/210.63 mi4, Fairfield, Stanley, Durham DH9 8TR3
£57.8K07/230.65 mi36, Lime Street, South Moor, Stanley, County Durham DH9 7EJ3
£80K02/230.66 mi9, Rydal Avenue, Stanley, County Durham DH9 7QR3
£72K04/230.68 mi3, Low Church Street, Stanley, County Durham DH9 8HF3
£55K01/230.69 mi161, Park Road, Stanley, County Durham DH9 7QE3
£71K01/230.69 mi114, Park Road, Stanley, County Durham DH9 7BL3
£125K01/210.69 mi3, Garden Villas, West Kyo, Stanley, County Durham DH9 8SY3
£172K10/210.69 mi11, Queens Parade, Stanley, County Durham DH9 8JY3
£114K11/200.69 mi11, Queens Parade, Stanley, County Durham DH9 8JY3
£130K10/210.73 mi16, Manor Drive, Stanley, County Durham DH9 8SS3
£192.4K03/210.73 mi52a, Joicey Terrace, Stanley, County Durham DH9 7LS3
£95K02/230.74 mi1, Palmer Street, Stanley, County Durham DH9 7RD3
£50K11/210.75 mi12, Oliver Street, Stanley, Durham DH9 7AQ3
£74K02/210.75 mi32, Hamsterley Gardens, Stanley, County Durham DH9 8JR3
£65K06/230.75 mi23, Parmeter Street, South Moor, Stanley, County Durham DH9 7AR3
£90K03/230.78 mi5, Pennine Court, Stanley, County Durham DH9 8TZ3
£90K12/200.78 mi12, Pennine Court, Stanley, Durham DH9 8TZ3
£78.5K12/220.78 mi76, Fourth Street, Quaking Houses, Stanley, County Durham DH9 7HD3
£123K11/200.78 mi62, Windsor Drive, Stanley, Durham DH9 8SR3
£125K03/210.8 mi9, Holyoake, South Moor, Stanley, Durham DH9 7BU3
£130K05/230.81 mi14, Bethany Gardens, Stanley, County Durham DH9 8SL3
£65.5K12/200.82 mi44, Third Street, Quaking Houses, Stanley, Durham DH9 7HA3
£33K11/200.82 mi11, Third Street, Quaking Houses, Stanley, County Durham DH9 7HA3
£150K07/210.83 mi5, Coniscliffe Road, Stanley, Durham DH9 7RF3
£145K09/210.83 mi18, Coniscliffe Road, Stanley, County Durham DH9 7RF3
£82K12/200.83 mi7, Skiddaw Court, Stanley, Durham DH9 8UB3
£130K12/200.84 mi8, Valley View, Stanley, County Durham DH9 8EY3
£64.5K01/210.84 mi130, Westfields, Stanley, County Durham DH9 7DG3
£143K03/230.86 mi8, Grange Road, Stanley, County Durham DH9 7RQ3
£73K11/210.86 mi19, Oakwood, Stanley, County Durham DH9 8ND3
£95K10/200.87 mi23, Viscount Close, Catchgate, Stanley, County Durham DH9 8FD3
£67K11/220.9 mi23, Balmoral Avenue, Catchgate, Stanley, County Durham DH9 8FH3
£62K06/210.9 mi7, The Ridings, Stanley, Durham DH9 8EE3
£62K06/210.9 mi7, The Ridings, Stanley, Durham DH9 8EE3
£45K02/230.9 mi9, The Ridings, Stanley, County Durham DH9 8EE3
£88K01/230.96 mi4, Derwent Terrace, Stanley, County Durham DH9 8NN3
£90K05/230.98 mi56, Heather Way, Stanley, County Durham DH9 7RP3

Local Rents

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

RentDateDistanceAddressBeds 
£62507/240.11 mi-3
£75001/250.14 mi-3
£62512/240.34 miSouth View, Annfield Plain, Stanley3
£75012/240.41 mi-3
£75012/240.41 mi-3
£70012/240.41 mi-3
£80012/240.41 mi-3
£80011/240.41 mi-3
£1,00002/250.41 mi-3
£1,00010/240.41 mi-3
£80003/250.41 mi-3
£80003/250.41 mi-3
£60008/230.61 mi-3

Local Area Statistics

Population in DH9

36,673

Nearest school

0.50 miles away

Nearest train station

5.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Listed for £75,000

April 3, 2025

Floor Plans

Description

  • Semi-detached house +
  • 3 bedrooms +
  • Garden +
  • Off-Street parking +
  • No upper chain +
  • Lounge/diner, kitchen and ground floor WC +
  • Landing, three bedrooms and a bathroom +
  • Gas combi central heating +
  • Freehold, Council Tax band A, EPC TBC +
  • Virtual tours available +

A three bedroom semi-detached house which is available with no upper chain. The accommodation comprises of a hallway, WC, kitchen and lounge/diner. To the first floor there is a landing, three bedrooms and a bathroom. Lawn garden to the rear and driveway providing off-street parking. Gas combi central heating, uPVC double glazing, Council Tax band A, freehold tenure, EPC rating TBC. Virtual tours available. 

HALLWAY 5' 8" x 15' 10" (1.75m x 4.83m) Entrance door, stairs to the first floor, single radiator, hard-wired smoke alarm and doors leading to the lounge/diner, WC and kitchen. 

KITCHEN 7' 6" x 9' 10" (2.30m x 3.00m) Fitted with a range of wall and base units with contrasting laminate worktops and tiled splash-backs. Integrated fan assisted electric oven/grill, four ring gas hob with concealed extractor fan over, stainless steel sink, plumbed for a washing machine, wall mounted gas combi central heating boiler, uPVC double glazed window, tiled floor and a single radiator. 

WC 2' 7" x 4' 9" (0.80m x 1.47m) WC, wash basin with tiled splash-back, uPVC double glazed frosted window, single radiator and a tiled floor. 

LOUNGE/DINER 13' 6" x 15' 5" (4.13m x 4.71m) uPVC double glazed patio doors opening to the rear garden, matching window, wall mounted gas fire, once single and one double radiator, telephone point, TV cables and coving. 

FIRST FLOOR  

LANDING 5' 9" x 8' 9" (1.77m x 2.68m) uPVC double glazed window, storage cupboard, loft access hatch, hard-wired smoke alarm and doors leading to the bedrooms and bathroom. 

BEDROOM 1 (DUAL ASPECT) 13' 6" x 9' 0" (4.13m x 2.76m) uPVC double glazed windows and a single radiator. 

BEDROOM 2 (TO THE REAR) 9' 8" (minimum) x 10' 8" (2.97m x 3.26m) uPVC double glazed window and a single radiator. 

BEDROOM 3 (TO THE FRONT) 6' 11" x 7' 3" (2.11m x 2.22m) uPVC double glazed window and a single radiator. 

BATHROOM 7' 6" x 5' 4" (2.30m x 1.64m) A white suite featuring a panelled bath with electric shower over, tiled splash-backs, curtain and rail, pedestal wash basin, WC, uPVC double glazed frosted window, double radiator and an extractor fan. 

EXTERNAL Self-contained South facing lawn garden and patio to the rear e closed by timber fence. 

PARKING Driveway providing off-street parking to the rear. 

HEATING Gas fired central heating via combination boiler and radiators. 

GLAZING uPVC double glazing installed. 

ENERGY EFFICIENCY EPC rating TBC. 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. 

MINING The property is located within a former mining area. 

BROADBAND SPEEDS According to Ofcom average download speed of the fastest package currently available at this postcode is Ultrafast 10,000 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) 

UTILITIES The property is connected with a mains gas, water and electricity supply and is connected to the mains drainage.  

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. Please note our client has instructed us that the property is to remain on the market until exchange of contracts and may be subject to specific timescales to reach exchange of contract. 

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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