NGU HOMESALES says ..
Two-Bed Terraced House | Investment Potential - 10% Rental Yield | Rental Demand | No Chain | Driveway | Enclosed Rear Garden | Fitted Kitchen | Built-In Storage
Property Oracle says ..
This property is a two-bedroom terraced house located in Stanley, County Durham. The property is listed at £65,000 with a plot size of 0 sqft. Based on the images provided, the property appears to be in need of some modernisation and updating. The kitchen and bathroom appear dated, and some cosmetic work would likely improve the overall condition. The property benefits from a small yard. The average price for properties in the area is significantly higher at £136,574, with an average price per sqft of £89. However, this property is much smaller than the average and requires some work. Nearby properties have sold for prices ranging from £10,000 to £230,000, indicating a wide range in property values in the area. The location is close to several primary schools, with varying Ofsted ratings. Transportation information is not available. Given the need for modernisation, smaller size and lower price point compared to nearby properties, the asking price of £65,000 may represent reasonable value for money for a buyer willing to undertake renovations.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 334.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 97,500.00 £Decreased by 37.92 %
- Est sale value
- 58,116.00 £Increased by 8.07 %
- Average area rental value
- 607.00 £/moDecreased by 18.41 %
- Est letting value
- 334.00 £/mo
- Est rental Yield
- 7.47 %Increased by 31.28 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
NGU HOMESALES created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Annfield Plain Junior School | Academy Converter | 0.55 KM | |
| Annfield Plain Infant School | Academy Converter | 0.58 KM | |
| Catchgate Primary School | Community School | Good | 1.05 KM |
| Croft Community School | Community Special School | Requires improvement | 1.25 KM |
| St Patrick'S Catholic Primary School, Dipton | Academy Converter | 2.21 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wesley Court | £ 127,500 | 0 | 0.00 KM |
| Front Street | £ 0 | 0 | 0.00 KM |
| Manor Drive | £ 0 | 0 | 0.00 KM |
| Cragside Court | £ 0 | 0 | 0.00 KM |
| Saint Aidan's Crescent | £ 110,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wesley Terrace, Stanley | £ 65,000 | BUY | 4 / 10 | 0.00 KM |
| 13 Wesley Terrace, Stanley, County Durham, DH9 8QL | £ 10,000 | BUY | 4 / 10 | 0.03 KM |
| 12 Wesley Terrace, Stanley, DH9 8QL | £ 45,000 | BUY | 5 / 10 | 0.03 KM |
| Fines Park, Stanley, County Durham, DH9 | £ 145,000 | BUY | 7 / 10 | 0.04 KM |
| Clowes Terrace, Annfield Plain, Stanley | £ 75,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31 Wesley Terrace | £ 25,000 | 0.00 KM |
| 4 Wesley Terrace | £ 24,000 | 0.00 KM |
| 32 Wesley Terrace | £ 23,500 | 0.00 KM |
| 12 Wesley Terrace | £ 50,000 | 0.00 KM |
| 18 Wesley Terrace | £ 63,500 | 0.00 KM |