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Parkside, Tanfield Lea, Stanley, Durham DH9

North East

£80,000

Listed on 19/06/2026

Property details

Bedrooms
2
Type
Semi Detached

Description

This two-bedroom semi-detached property in Tanfield represents an exceptional opportunity for buyers eager to personalize a home to their specifications. While it requires some modern upgrades, it serves as a blank canvas with significant potential for value enhancement. The accommodation spans two floors, beginning with a comfortable entrance hall that leads into a spacious lounge, perfect for both relaxation and entertaining. A separate dining area flows into the kitchen, promoting a practical layout suitable for family living. Upstairs, you'll find two generous double bedrooms alongside a bathroom and a separate WC, catering well to the needs of busy households. The layout offers ample scope for modernization and reconfiguration, subject to necessary permissions. Outside, the property features a private garden ideal for outdoor activities or gardening, along with off-street parking that ensures convenience and security for residents and guests alike. Located within easy reach of local amenities and schools, this home is particularly well-suited for families and benefits from efficient public transport links via nearby bus routes. Whether you are looking to invest or seeking your first home project with great potential, this property offers a unique chance to create an exceptional living space in a desirable location.

Investment analysis

(DH9 area)
Area Average
£122/sq ft
Avg Rent (weekly)
£148
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
16%
Properties sold annually

Local Market Trend (DH9)

Area prices are rising by +10.9% over the last 12 months
3 year growth: +14.0%
5 year growth: +23.2%
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

Parkside, Tanfield Lea, Stanley, Durham 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
£302
Based on a loan of £60,000 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.

Stamp duty calculator

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