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Chaytor Terrace North, Craghead, Stanley - Image 1
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Chaytor Terrace North, Craghead, Stanley

North East

£85,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
976 sqft

Description

This three-bedroom terraced property presents a valuable opportunity for renovation and enhancement, ideal for investors and buyers seeking a hands-on project. The home offers an entrance hallway leading into a lounge with uPVC double glazed sliding patio doors and an open fire, providing both character and potential warmth. Adjacent is a separate dining room that features under-stair storage, while the breakfasting kitchen comes equipped with practical fittings and ample space for additional appliances. On the first floor, you’ll find three bedrooms alongside a shower room/WC, each with natural light from uPVC windows. The property's external space includes a sizable rear garden, which could be utilized further to create off-street parking following local council approval for a dropped curb. The property benefits from solid fuel central heating and double glazing but does require substantial refurbishment to meet modern living standards—particularly in terms of energy efficiency, currently rated at F but with potential improvements possible. This emphasizes both the challenge and promise that comes with this investment opportunity.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£87/sq ft
Area Average
£121/sq ft
Avg Rent (weekly)
£144
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£129,906
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +14.0% over the last 12 months
3 year growth: +15.9%
5 year growth: +24.9%
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

Chaytor Terrace North, Craghead, 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
£307
Based on a loan of £63,750 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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