2 Bed Terraced House, Planning Permission, DH9 0PB, £79,999

Church Street, Stanley, County Durham, DH9 0PB - 22 days ago

Planning
ROI: 3%
~68 m²
+8 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£70,132

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£420 - £675

Rent Estimate

£421

Running Costs/mo

£354

Cashflow/mo

£67

Cashflow/yr

£802

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £32.8K to £140K, average is £72.3K. £395/m² to £2.4K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£80K04/230.02 mi37, Ridley Street, Stanley, County Durham DH9 0PD2
£56K02/210.02 mi28, Ridley Street, Stanley, Durham DH9 0PD2
£32.8K01/210.07 mi107, John Street, Beamish, Stanley, County Durham DH9 0QP2
£55K11/200.18 mi10, Catherine Terrace, Shield Row, Stanley, Durham DH9 0EH2
£55K11/200.18 mi12, Ernest Terrace, Stanley, Durham DH9 0EQ2
£54K10/210.19 mi16, Sylvia Terrace, Stanley, Durham DH9 0EG2
£54K10/210.19 mi16, Sylvia Terrace, Stanley, Durham DH9 0EG2
£53K05/230.19 mi9, Sylvia Terrace, Stanley, County Durham DH9 0EG2
£132.5K03/230.21 mi6, East Parade, Stanley, County Durham DH9 0PS2
£100K05/210.24 mi6, The Barns, Stanley, Durham DH9 8BN2
£90K10/200.25 mi13, Watson Street, Stanley, County Durham DH9 0ES2
£66K06/230.27 mi2, West View Gardens, Stanley, County Durham DH9 8AR2
£88K03/210.27 mi25, Newburn Road, Stanley, County Durham DH9 0EX2
£85K07/210.36 mi76, Newburn Road, Stanley, County Durham DH9 0HJ2
£71K06/210.36 mi95, Newburn Road, Stanley, County Durham DH9 0HJ2
£75K04/210.36 mi75, Newburn Road, Stanley, County Durham DH9 0HJ2
£100K06/230.42 mi23, Betjeman Close, Stanley, County Durham DH9 6UD2
£87.5K04/230.44 mi20, Constable Close, Stanley, County Durham DH9 6TE2
£80K11/210.49 mi11, Kipling Close, Stanley, Durham DH9 6UA2
£70K02/230.5 mi53, Wear Road, Stanley, County Durham DH9 6HL2
£66K02/210.5 mi51, Wear Road, Stanley, County Durham DH9 6HL2
£83K04/210.52 mi10, Bede Close, Stanley, County Durham DH9 0TZ2
£35K11/200.54 mi10, Spen Street, Stanley, Durham DH9 7NJ2
£68K02/230.54 mi8, Wansbeck Avenue, Stanley, County Durham DH9 6HR2
£97.5K11/220.55 mi14, Wansbeck Avenue, Stanley, County Durham DH9 6HR2
£62.5K11/200.55 mi11, Walton Close, Stanley, Durham DH9 6TH2
£78K12/200.56 mi27, Wansbeck Avenue, Stanley, County Durham DH9 6HS2
£84K04/210.56 mi14, Milton Close, Stanley, County Durham DH9 6UB2
£63K08/210.57 mi18, Coates Close, Stanley, Durham DH9 6XA2
£83K11/200.58 mi26, Wansbeck Avenue, Stanley, Durham DH9 6HY2
£63.5K01/230.58 mi44, Spen Street, Stanley, County Durham DH9 7NJ2
£63K12/220.59 mi2, Garden Terrace, Stanley, County Durham DH9 7NP2
£72.5K06/230.6 mi2, Valley Close, South Stanley, Stanley, County Durham DH9 6HQ2
£71.5K03/210.6 mi4, Engels Terrace, Stanley, County Durham DH9 6QG2
£81.8K02/230.62 mi9, Evelyn Terrace, Stanley, County Durham DH9 7RN2
£83K04/210.62 mi4, Sidney Close, Stanley, County Durham DH9 6UH2
£70K08/210.63 mi1, Joseph Street, Stanley, Durham DH9 7NS2
£77.5K06/230.63 mi5, Joseph Street, Stanley, County Durham DH9 7NS2
£50K11/200.63 mi24, Joseph Street, Stanley, Durham DH9 7NS2
£48.3K12/200.65 mi26, Tweed Terrace, Stanley, Durham DH9 6JN2
£86K03/230.65 mi24, Tweed Terrace, Stanley, County Durham DH9 6JN2
£73.5K02/230.71 mi79, Eastfields, Stanley, County Durham DH9 7DN2
£62K01/210.71 mi89, Eastfields, Stanley, Durham DH9 7DN2
£72K11/210.72 mi33, Tyne Road East, Stanley, Durham DH9 6NF2
£63K03/230.72 mi82, Eastfields, Stanley, County Durham DH9 7DN2
£53.5K12/200.73 mi9, Malvern Terrace, Stanley, County Durham DH9 6QW2
£115K11/200.74 mi30, Pea Road, Stanley, County Durham DH9 7RG2
£140K12/210.77 mi8, Beamish View, Stanley, County Durham DH9 0XB2
£125K06/230.79 mi34, Kinross Drive, Stanley, County Durham DH9 6UT2
£107K05/210.79 mi36, Kinross Drive, Stanley, Durham DH9 6UT2

Local Rents

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

RentDateDistanceAddressBeds 
£57512/240.04 miChurch Street, Stanley, County Durham, DH92
£52512/240.07 mi-2
£59512/240.16 miBelle Street, Stanley, DH92
£50012/240.19 mi-2
£55012/240.19 miSylvia Terrace, Stanley2
£57512/240.54 miWear Road, Stanley, County Durham, DH92
£60012/240.84 miOrwell Gardens, Stanley, Durham, DH92
£55012/240.88 miBircham Street, South Moor, Stanley, DH92
£42012/240.89 miPark Road, Stanley, County Durham, DH92
£53502/250.91 mi-2
£59512/240.93 miHollyhill Gardens, Stanley, DH92
£55012/240.95 miOliver Street, Stanley, Durham, DH9 7AQ2
£50003/250.96 mi-2
£45001/250.98 mi-2
£55002/251.02 mi-2
£67512/241.07 miKielder Drive, The Middles, Stanley, County Durham, DH92
£55004/251.1 mi-2
£55012/241.11 miPoplar Street, Stanley, County Durham, DH92
£65012/241.14 mi-2
£50001/251.15 mi-2
£42512/241.16 mi-2
£49012/241.17 miPoplar Street, Stanley, County Durham, DH92
£52512/241.23 miPine Street, Stanley, County Durham, DH92

Local Area Statistics

Population in DH9

36,673

Nearest school

0.20 miles away

Nearest train station

4.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Listed for £79,999

March 20, 2025

Floor Plans

Description

  • No Forward Chain +
  • Vacant Possession +
  • Town Centre Location +
  • Two Bedrooms +
  • Recently Redecorated +

A well-presented terraced house situated close to the town centre, ideal for first time buyers.

The property has the benefit of uPVC double glazing and gas central heating with combination boiler and briefly comprises on the ground floor: Entrance Hall, lounge, kitchen diner and utility room. To the first floor the landing has access to two bedrooms and a bathroom with shower cubicle. There is a small garden to the rear.

Church Street is a traditionally popular street, centrally located within Stanley and within walking distance of shops and Schools. Stanley is well placed for commuting purposes with the A693 and A692 highways providing easy access to Chester le Street (the A1M), Consett and Tyneside.

Agent Notes-

PART A
Local Authority – Durham County Council
Council Tax Band – A
Tenure – Freehold

PART B
Property Type – Terrace
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Electricity supply – Mains
Water Supply - Mains
Sewerage – Mains
Heating - Gas Fired boiler with radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website.

Estimated Broadband Download speeds – please refer to the Ofcom Website.
Parking: On Street
Restrictions: There are restrictive covenants in the title, details available on request.
PART C
Building Safety – The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm

Rights & Easements- None
Flood risk – Very Low
Coastal Erosion - NA
Protected Trees – NA
Conservation area – NO
Planning Permission – NA
Accessibility – The property has not been altered for accessibility
Mining Area – Historical mining area
Selective License Area – Yes.

No other Material Information disclosures have been made by the vendor. This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.

Agent Details

J W Wood, Chester Le Street

0191 625 0107

Next Steps?

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