This freehold building, comprising two self-contained flats, presents a notable investment opportunity in Stanley. With a total internal space of approximately 121 sq m (1,302 sq ft), the property is laid out over two floors and offers potential for both rental income and capital appreciation through refurbishment.
The ground floor flat features an entrance foyer leading to a spacious bedroom, a separate dining room, and a fitted kitchen, along with a bathroom and access to a rear yard including a brick-built storage outbuilding. Traditional proportions throughout give this unit clear potential for modernisation, enhancing its appeal for future tenants or buyers.
The first floor flat is accessed independently and includes an open-plan living room with kitchen, two bedrooms, and a bathroom. This unit benefits from good natural light and has similar opportunities for cosmetic upgrades that could increase its value.
Both flats are positioned under one freehold title, making this property particularly attractive to buy-to-let investors seeking multiple income streams. The enclosed rear yard adds further value by offering outdoor space. Located conveniently near local amenities and transport links within County Durham, this property not only caters to immediate functionality but also opens avenues for significant enhancement given the right vision and effort.
