Percy Avenue, Catchgate, Stanley, Durham, DH9 8EP
North East
£60,000
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
2Type
TerracedFeatures
- Garden
Description
This freehold two-bedroom mid-terrace stone house is offered with no onward chain and requires updating. The ground floor has an entrance hall, a lounge with a front-facing double-glazed window and fireplace, and a kitchen/diner with fitted units, a sink, an electric cooker point and space for a washing machine, plus a rear window and door.
Upstairs are two bedrooms, both with built-in storage noted in the listing for the front bedroom, and a bathroom with a bath and shower over, wash basin and WC. The property has gas central heating and double glazing. Outside, the front garden is mainly lawn with a paved section, while the rear garden is mainly paved. On-street parking is available. Local shops, schools and bus and road links to Stanley and Durham are nearby.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
At £60,000, this freehold two-bedroom stone terrace in Stanley offers a clear improvement project: the photographed rooms have dated or partly stripped finishes, worn or absent flooring, and an incomplete-looking kitchen fit-out. The £18,000–£35,000 renovation range gives a sense of the work involved, while the separate lounge, kitchen/diner and front and rear gardens provide a useful starting layout. The visible frontage and roofline appear broadly intact, and the property is offered with no onward chain.
The score is held back by limited condition and value information rather than a confirmed price disadvantage: floor area is missing, so value against local £/sqf cannot yet be judged. The gardens and finishes offer scope to refresh the whole home, but this is a substantial project rather than a quick cosmetic update.
Key opportunities
- Rework the separate lounge and kitchen/diner through refreshed finishes and flooring while retaining the stated two-bedroom layout.
- Complete or replace the kitchen fit-out to make better use of the kitchen/diner space.
- Improve both gardens: restore the overgrown front lawn and make the rear hardstanding and weathered boundaries more usable.
Key risks
- The £18,000–£35,000 works range, with stripped or worn finishes across several photographed rooms and an incomplete-looking kitchen, points to a substantial multi-room programme rather than a cosmetic refresh.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£227
Based on a loan of £45,000 over 30 years at 4.45% interest
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