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Edward Terrace, Stanley, Durham, DH9 - Image 1
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Edward Terrace, Stanley, Durham, DH9

North East

£50,000
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced house presents an appealing opportunity for those interested in renovation or property investment. While the home requires updating throughout, it offers a blank slate for buyers ready to infuse their personal design choices. The ground floor includes a spacious kitchen/dining area, providing ample space for meals and gatherings, alongside a separate lounge designed for relaxation. Proceeding to the upper level, you'll find a generous double bedroom, a well-sized single bedroom, and a family bathroom. The layout is practical, with well-proportioned rooms that facilitate both comfortable living and efficient use of space. Located within walking distance of local amenities and public transport options, this property enjoys a convenient setting that enhances its appeal. The potential for further enhancement exists as well, subject to obtaining necessary planning permissions—offering an excellent avenue for increasing value through thoughtful renovations. With no onward chain, this residence is readily available for immediate viewings. It serves as an ideal candidate for first-time buyers looking to create their own home or investors aiming to capitalize on the property's full potential. This property stands as an exciting opportunity—reach out today to arrange your viewing and explore its possibilities.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Edward Terrace, Stanley, Durham, DH9
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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