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Fern Avenue, South Moor, Stanley DH9 - Image 1
Fern Avenue, South Moor, Stanley DH9 - Image 2
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Fern Avenue, South Moor, Stanley DH9

North East

£59,950
Listed on 24/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
669 sqft

Description

This two-bedroom property offers significant renovation opportunities, nestled in a developing residential area of Southmoor, Stanley. Presenting as an unfinished project, it is primed for a complete transformation with the installation of a new kitchen needed to enhance its functionality. The layout features a welcoming entrance hallway leading to a front-facing lounge equipped with built-in storage and a charming feature surround. The rear kitchen/diner has been stripped down and is ready for customization to meet modern standards. Upstairs, you’ll find two well-proportioned bedrooms along with a family bathroom that includes essential fixtures. Outside, the property benefits from both a lawned front garden and an enclosed courtyard at the back, providing potential for outdoor enhancements. Situated conveniently close to local amenities and transport links, this property holds promise as an investment or starter home for those willing to invest time and effort into refurbishment.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -26.1% below area average per sq ft

-26.1%
Potential saving
This Property
£90/sq ft
Area Average
£121/sq ft
Avg Rent (weekly)
£147
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£89,228
10% above area average per sq ft
Potential ROI
+5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +10.3% over the last 12 months
3 year growth: +13.1%
5 year growth: +23.3%
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

Fern Avenue, South Moor, Stanley DH9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£212
Based on a loan of £44,962 over 30 years at 3.91% 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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