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Parkside, Tanfield Lea, Stanley, Durham, DH9

North East

£80,000

Listed on 19/06/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

Nestled within a charming residential estate in Tanfield, this two-bedroom semi-detached property presents a promising opportunity for those looking to invest in a home that can be tailored to personal preferences and style. The residence is in need of modernisation throughout, offering a blank canvas ripe for renovation and enhancement, making it an excellent choice for first-time buyers or investors looking to capitalize on potential value gains. The layout spans two levels, with the ground floor featuring a welcoming entrance hall that leads into a spacious lounge—perfect for both relaxation and entertaining. Adjacent to the lounge, a separate dining area opens into the kitchen, allowing for a versatile family-friendly arrangement. Upstairs, you'll find two substantial double bedrooms alongside a bathroom and separate WC, providing practicality for everyday living. The current configuration suggests ample scope for reconfiguration or updates, subject to necessary permissions. Outside, the property boasts a private garden that invites outdoor enjoyment and could serve as a delightful play area for children or pets. Additionally, off-street parking ensures convenience and security for residents and guests alike. Strategically located, this home benefits from close proximity to local amenities and is particularly appealing to families due to nearby schools and reliable public transport links. The community atmosphere of the estate adds further allure. This property stands out as an exceptional opportunity for anyone seeking a renovation project in the desirable Tanfield area.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Parkside, Tanfield Lea, Stanley, Durham, DH9
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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
£302
Based on a loan of £60,000 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

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