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.