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Park Road, Stanley, Durham, DH9

North East

£69,950
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom residence presents a compelling opportunity for those seeking to make their mark on a property. Located conveniently near the heart of Stanley, it is ideally placed within close proximity to local amenities, schools, and transport links, which enhances its appeal for families, first-time buyers, or investors looking for potential appreciation in value. The ground floor boasts a spacious lounge perfect for both relaxation and entertaining. The kitchen/dining area is generously sized and holds significant promise for conversion into an open-plan living space that aligns with modern design trends. Additionally, there is a practical hallway and separate W.C., completing the downstairs configuration. On the first floor, three decent-sized bedrooms offer flexibility—ideal for family needs, guest accommodation, or even a home office setup. A family bathroom along with extra dressing room space further adds to the usability of this level. While the property requires some updating and modernization to reach its full potential, it serves as a blank canvas ready for personalisation. With solid proportions and adaptable layouts, the inherent potential to enhance value is evident. Externally, there’s additional room to cultivate an attractive outdoor space that complements the home. In summary, this property stands out as an excellent investment opportunity in a sought-after location that holds considerable promise once renovated.

Investment Analysis

(DH9 area)
Area Average
£121/sq ft
Avg Rent (weekly)
£144
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Park Road, 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
£252
Based on a loan of £52,462 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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