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Elm Street, Stanley, Durham, DH9 - Image 1
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Elm Street, Stanley, Durham, DH9

North East

£48,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
833 sqft

Description

This two-bedroom terraced house offers a promising opportunity for those looking to invest in a property with significant renovation potential. Ideal for first-time buyers, investors, or individuals seeking a rewarding project, this home invites you to envision its transformation. The layout of the ground floor includes a spacious lounge and a good-sized kitchen, complemented by practical under-stairs storage. Upstairs, you'll find two well-proportioned bedrooms along with a family bathroom, creating ample space that can cater to both family living and rental purposes once updated. While the property requires modernization, it boasts a solid foundation and presents an excellent canvas for customization. With thoughtful renovations, this house could evolve into either a comfortable home or an appealing buy-to-let investment. Located within walking distance of local amenities such as shops and schools, as well as having convenient access to public transport links, this property is situated in a desirable area that enhances its investment appeal. This is an excellent chance for those interested in property development or looking to add value through renovation. Early viewings are encouraged to fully appreciate the potential that awaits within these walls.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -51.2% below area average per sq ft

-51.2%
Potential saving
This Property
£58/sq ft
Area Average
£118/sq ft
Avg Rent (weekly)
£146
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£108,123
10% above area average per sq ft
Potential ROI
+38.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +10.1% over the last 12 months
3 year growth: 8.9%
5 year growth: 19.7%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£176
Based on a loan of £36,000 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