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Former Meeting Hall, Oswald Terrace, Old South Moor, Stanley - Image 1
Former Meeting Hall, Oswald Terrace, Old South Moor, Stanley - Image 2
Former Meeting Hall, Oswald Terrace, Old South Moor, Stanley - Image 3
Former Meeting Hall, Oswald Terrace, Old South Moor, Stanley - Image 4
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Former Meeting Hall, Oswald Terrace, Old South Moor, Stanley - Image 8
Former Meeting Hall, Oswald Terrace, Old South Moor, Stanley - Image 9
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Former Meeting Hall, Oswald Terrace, Old South Moor, Stanley

North East

£139,950

Listed on 21/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

This detached two-storey former meeting hall presents an intriguing opportunity for investors or developers looking to repurpose a substantial space. Spanning approximately 327 sq. m. (3,525 sq. ft.), the property is located within a well-established residential area in Old South Moor, just a mile from the amenities of Stanley town centre. The building is currently in good condition, having been maintained for its previous use as a place of worship, and features an open-plan hall alongside various ancillary spaces, including offices and kitchen facilities. The flexible internal layout allows for a variety of potential alternative uses, pending necessary planning consents. Given its solid stone construction beneath a pitched slate roof and secure walled perimeter, there is strong potential for residential conversion or other commercial ventures. With ample parking at the rear, the site is well-equipped for future operational needs. As part of a predominantly residential setting surrounded by traditional housing, this property could serve as an attractive investment aimed at meeting local demand. Its proximity to excellent transport links further enhances its appeal.

Investment Analysis

(DH9 area)
Area Average
£120/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +9.2% over the last 12 months
3 year growth: +13.5%
5 year growth: +26.1%
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

Former Meeting Hall, Oswald Terrace, Old South Moor, Stanley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £104,962 over 30 years at 4.45% 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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