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Kirkfield Gardens, Stanley DH9

North East

£70,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
668 sqft

Description

This semi-detached two-bedroom house, located in the popular area of Stanley, presents a solid opportunity for both investors and those seeking a renovation project. Constructed with spacious living in mind, the home features a lounge, kitchen, and bathroom that are ripe for updates. Each room has significant potential for enhancement: the living room is spacious but requires modernisation; the kitchen begs for refurbishment to create a personalised culinary space; both bedrooms are well-sized yet need cosmetic improvements to transform them into inviting retreats; and the bathroom offers scope for a complete overhaul to achieve a contemporary design. Conveniently situated near local amenities and robust transport links, this property is unencumbered by chains, making it an attractive prospect for buyers looking to add value through renovations. A viewing is highly recommended to fully appreciate the property's potential.

Investment Analysis

(DH9 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£105/sq ft
Area Average
£121/sq ft
Avg Rent (weekly)
£150
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£89,095
10% above area average per sq ft
Potential ROI
-15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +12.2% over the last 12 months
3 year growth: +15.4%
5 year growth: +28.9%
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

Kirkfield Gardens, Stanley DH9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£250
Based on a loan of £52,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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