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Northgate, Stanley

North East

£55,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1005 sqft

Description

This three-bedroom mid-terrace house in Annfield Plain presents a promising opportunity for investors and renovators alike. The property features a spacious layout that includes an entrance porch, hallway, lounge with an inviting feature fireplace, fitted kitchen diner, utility room, and a convenient downstairs bathroom. The first floor accommodates three bedrooms and a landing area, while outside offers an attached garage along with both front garden and rear yard spaces. Situated in a desirable neighborhood known for its access to local amenities and picturesque countryside walks, the property is well-suited for families or first-time buyers looking to add value through updates. The existing layout allows for various renovation possibilities, and preliminary architectural plans are available in the legal pack for those interested in further enhancing the space. An internal viewing is highly recommended to fully appreciate what this home has to offer.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -52.6% below area average per sq ft

-52.6%
Potential saving
This Property
£55/sq ft
Area Average
£116/sq ft
Avg Rent (weekly)
£144
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£127,685
10% above area average per sq ft
Potential ROI
+59.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Northgate, Stanley
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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
£198
Based on a loan of £41,250 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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