Sabin Terrace, Stanley, DH9
North East
£55,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
694 sqftFeatures
- Garden
- Parking
Description
This two-bedroom terraced house in New Kyo, Stanley is offered with vacant possession and requires extensive refurbishment. The ground floor has an entrance hall, lounge and kitchen/diner, while upstairs are two bedrooms and a bathroom. The property has gas central heating via a combi boiler and full uPVC double glazing, as stated in the particulars; the condition and operation of these items should be checked.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
66out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £55,000, this two-bedroom terrace is priced at about £79 per sq ft, well below the local average of £122 — a strong entry-price advantage for someone looking to take on a project. The lounge, kitchen/diner and bathroom offer clear scope to update the finishes, while marked and stained walls across several rooms need investigation and making good. The enclosed rear yard adds a useful outdoor space to improve, and no obvious major structural failure is visible in the supplied images.
This is a substantial renovation opportunity rather than a cosmetic refresh, with works estimated at £18,000–£32,000. The score is tempered by the project scope and moderate economics: the £80,000 purchase-plus-midpoint-works figure is close to the implied current local average value, before fees, and is not a renovated-value estimate.
Key opportunities
- Rework the lounge and kitchen/diner finishes to create a more cohesive principal living space.
- Refresh the dated fitted kitchen and bathroom as part of a whole-house improvement.
- Improve the enclosed rear yard, including reviewing the cracked or uneven paving.
Key risks
- Marked and stained wall surfaces across several rooms need investigation before making good, as the cause is not established.
- The £18,000–£32,000 works range makes this a full-project budget and programme rather than a cosmetic refresh.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£208
Based on a loan of £41,250 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.
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