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Horsley Close, Craghead, Stanley, Durham, DH9 - Image 1
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Horsley Close, Craghead, Stanley, Durham, DH9

North East

£95,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This inviting two-bedroom residence in the sought-after village of Craghead offers an excellent opportunity for first-time buyers, families, or investors eager to add value through updates and personalisation. Spread across two levels, the home features a generous lounge at the front, perfect for relaxation or hosting guests. The kitchen/diner at the back presents a wonderful chance to transform into a modern culinary space, complete with a handy ground floor W.C. Upstairs, you'll find two spacious bedrooms alongside a family bathroom, making it suitable for various living arrangements or work-from-home setups. Although the property is currently in average condition, it serves as a blank canvas awaiting your creative vision and updates. Located within the friendly community of Craghead, amenities are conveniently close by, including local shops, schools, and public transport options that simplify commuting. Whether you're entering the housing market for the first time, seeking a manageable family abode, or looking for an investment with great potential for improvement, this property holds ample promise for those willing to invest time and effort.

Investment Analysis

(DH9 area)
Area Average
£121/sq ft
Avg Rent (weekly)
£147
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +10.3% over the last 12 months
3 year growth: +13.1%
5 year growth: +23.3%
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

Horsley Close, Craghead, Stanley, Durham, DH9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£336
Based on a loan of £71,250 over 30 years at 3.91% 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

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