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York Street, Stanley - Image 1
York Street, Stanley - Image 2

York Street, Stanley

North East

£50,000
Listed on 12/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace property is situated on the desirable York Street in Catchgate, an area known for its community atmosphere and convenient access to local amenities. The home is conveniently located within walking distance of shops and services, making it a practical choice for both residents and tenants. With excellent road connections via the A693, reaching Chester-le-Street, Durham, and Tyneside is straightforward, while the nearby town centres of Stanley and Consett offer a broader range of facilities. The property itself features well-proportioned living spaces that present an opportunity for modernisation. Investors will appreciate the potential to enhance value through renovations tailored to contemporary tastes. A generous lawned front garden complements the exterior, providing outdoor space for relaxation or recreation. The enclosed rear yard features a brick-built garage that may require some attention but adds to the property's overall utility. This property is currently tenanted at £575 per month, making it an attractive investment option for those looking to enter the rental market or expand their portfolio. With no onward chain, this home offers a streamlined acquisition process, allowing interested buyers to quickly realize its potential as either a rental investment or a personal residence in a thriving location. EPC Rating: D Council Tax Band: A Tenure: Freehold

Investment Analysis

(DH9 area)
Area Average
£116/sq ft
Avg Rent (weekly)
£141
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +12.1% over the last 12 months
3 year growth: 10.2%
5 year growth: 22.9%
Investment Disclaimer: Analysis based on DH9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

York Street, Stanley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£183
Based on a loan of £37,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE