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Francis Street, Stanley, Crook

North East

£85,000

Listed on 17/07/2026

Property details

Bedrooms
3
Type
House
Area
833 sqft

Description

This three-bedroom house presents a promising opportunity for those looking to invest in a property with significant renovation potential. While it requires modernization, the foundation is solid with features such as a solid fuel stove and UPVC double glazed windows. The layout comprises a lounge, a kitchen/dining area, and a four-piece bathroom on the ground floor, along with three bedrooms upstairs, allowing for versatile living arrangements. The enclosed yard at the back includes two storage sheds, while an additional garden and detached garage complete the outdoor space. Located close to Crook town centre, this property is well-positioned near local amenities and schools. With no forward chain, it’s an ideal project for buyers wishing to create their ideal family home.

Investment analysis

(DL15 area)

Below Market Value

This property is priced -22.3% below area average per sq ft

-22.3%
Potential saving
This Property
£102/sq ft
Area Average
£131/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £25,000
Target Value
£120,264
10% above area average per sq ft
Potential ROI
+9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DL15)

Area prices are rising by +12.7% over the last 12 months
3 year growth: +14.1%
5 year growth: +6.4%
Investment Disclaimer: Analysis based on DL15 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

Francis Street, Stanley, Crook
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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
£321
Based on a loan of £63,750 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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