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Elm Street, Stanley, Durham, DH9

North East

£48,000
Listed on 21/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
833 sqft

Description

This two-bedroom terraced house offers a prime opportunity for those looking to invest in a renovation project. With no onward chain, it stands as a blank canvas awaiting a personal touch. The ground floor comprises a spacious lounge, a functional kitchen, and an under-stairs storage area, while the upper level hosts two sizable bedrooms alongside a family bathroom. This layout not only suits families but is also ideal for potential rental purposes post-renovation. Although the property requires modernisation throughout, its solid structure and well-thought-out design offer significant potential for enhancement. Located within easy reach of local amenities and transport links, this home is well-positioned for both personal buyers and investors alike. Early viewings are encouraged to grasp the full extent of what this property can become with the right vision and investment.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -50.1% below area average per sq ft

-50.1%
Potential saving
This Property
£58/sq ft
Area Average
£116/sq ft
Avg Rent (weekly)
£144
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£105,833
10% above area average per sq ft
Potential ROI
+35.7%
After renovation
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
34%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +11.5% over the last 12 months
3 year growth: +10.7%
5 year growth: +22.3%
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

Elm Street, Stanley, Durham, DH9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£173
Based on a loan of £36,000 over 30 years at 4.06% 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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