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Front Street, Annfield Plain, Stanley, Durham, DH9 8HY - Image 1
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Front Street, Annfield Plain, Stanley, Durham, DH9 8HY

North East

£175,000
Listed on 06/05/2026

Property Details

Bedrooms
N/A
Type
Retail Property (high Street)
Area
1636 sqft

Description

We present a notable mixed-use investment opportunity that encompasses three distinct properties on Front Street in Annfield Plain, all offered as a single acquisition. This property portfolio comprises two ground-floor commercial units and a first-floor studio space, providing a mix of immediate rental income and the chance for future development. The first ground floor unit (24A) is currently occupied by a successful pizza takeaway under an established lease, ensuring a consistent income stream. The second ground floor unit (24B) is vacant and offers versatile options for various commercial uses, subject to necessary approvals. The first-floor studio (24C) stands ready for refurbishment or redevelopment, presenting excellent possibilities for conversion into office space or alternative commercial or residential use, depending on planning permissions. This combination of tenanted and vacant spaces affords significant flexibility for investors or potential owner-occupiers looking to exploit both immediate cash flow and enhance the property's value through strategic improvements and adaptations. Located centrally in a bustling area with high foot traffic, this property is well-positioned within the local economy, making it an attractive prospect for those looking to capitalize on both current demand and future growth opportunities.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -11.8% below area average per sq ft

-11.8%
Potential saving
This Property
£107/sq ft
Area Average
£121/sq ft
Avg Rent (weekly)
£150
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£218,202
10% above area average per sq ft
Potential ROI
-14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +12.2% over the last 12 months
3 year growth: +15.4%
5 year growth: +28.9%
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

Front Street, Annfield Plain, Stanley, Durham, DH9 8HY
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£624
Based on a loan of £131,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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