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38 And 38A Annfield Terrace, Stanley, County Durham DH9 - Image 1
38 And 38A Annfield Terrace, Stanley, County Durham DH9 - Image 2
38 And 38A Annfield Terrace, Stanley, County Durham DH9 - Image 3

38 And 38A Annfield Terrace, Stanley, County Durham DH9

North East

£50,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This freehold mid-terrace property in Stanley comprises two self-contained flats, making it a promising investment opportunity. With a total area of approximately 121 sq m (1,302 sq ft), the layout offers ample space for potential returns through rental income or resale after refurbishment. The ground floor flat features an entrance foyer, a spacious bedroom, a separate dining room, fitted kitchen, bathroom, and access to a rear yard with a brick-built outbuilding that can serve as additional storage. This unit presents clear opportunities for modernisation that can significantly boost its market value. The first floor flat is accessed via its own entrance and includes an open-plan living room and kitchen, two bedrooms, and a bathroom. Like the ground floor unit, this flat benefits from good room dimensions and natural light while still allowing for cosmetic upgrades. Given the need for some modern improvements across both flats, this property presents itself as an enticing option for buy-to-let investors or those looking to enhance their portfolio with properties that hold great potential for improvement. Ideally situated near local amenities and transport links within County Durham, this property invites consideration for both immediate returns and long-term value appreciation.

Investment Analysis

(DH9 area)
Area Average
£116/sq ft
Avg Rent (weekly)
£144
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +11.5% over the last 12 months
3 year growth: +10.7%
5 year growth: +22.3%
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

38 And 38A Annfield Terrace, Stanley, County Durham DH9
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£180
Based on a loan of £37,500 over 30 years at 4.06% 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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