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John Street, No Place DH9

North East

£45,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
855 sqft

Description

This three-bedroom terraced house in Stanley presents a compelling opportunity for renovation enthusiasts or investors. While the property is currently in need of modernization, it offers significant potential for value enhancement through thoughtful updates. The layout includes a spacious living room complemented by a separate dining area and kitchen, ideal for reconfiguration or redesign to suit contemporary living needs. Each of the three generously sized bedrooms provides ample space, making it suitable for families or as potential home office areas. Outside, there is a private rear yard which could be transformed into a charming outdoor space with minimal upkeep. Located conveniently close to local amenities such as shops, eateries, and schools, this property is well-positioned to attract strong rental interest once renovations are completed.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -56.2% below area average per sq ft

-56.2%
Potential saving
This Property
£53/sq ft
Area Average
£120/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£112,907
10% above area average per sq ft
Potential ROI
+61.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +9.2% over the last 12 months
3 year growth: +13.5%
5 year growth: +26.1%
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

John Street, No Place DH9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£170
Based on a loan of £33,750 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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