This two-bedroom property situated on the well-regarded Roseberry Street in Stanley presents a noteworthy investment opportunity for those keen on renovation projects. The home is currently vacant and requires comprehensive modernization, making it a prime candidate for investors aiming to enhance its value. With thoughtful updates, the residential space can deliver impressive rental yields, tapping into the area’s ongoing demand and growth potential.
Inside, the layout includes a lounge, kitchen, two generous bedrooms, and a shower room. Though it needs refurbishing, the property offers ample scope for improvement to elevate its functionality and appeal.
Outside, there is a private rear yard providing an opportunity to create a manageable outdoor sanctuary post-renovation.
Conveniently located near Stanley town centre, residents can enjoy access to various local amenities, shops, and schools. Furthermore, excellent transport links to both Durham and Newcastle as well as proximity to the A1(M) make this location attractive for tenants and commuters alike. Given the strong rental demand in this region coupled with significant potential to increase property value through refurbishment efforts, this opportunity warrants prompt consideration.
