Mulberry Terrace, New Kyo, Stanley
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Mulberry Terrace, New Kyo, Stanley

By Sylvester Properties

£ 55,000

Reviews

2 out of 5 stars

Sylvester Properties says ..

Sylvester Properties are delighted to welcome to the sales market this two bedroom terraced property located on Mulberry Terrace, New Kyo, Stanley. This property is being sold with no chain and on a vacant basis, making an ideal first time buy or investment property, generating a potential rental...

Property Oracle says ..

This two-bedroom terraced house in New Kyo, Stanley, County Durham is listed at £55,000. The property benefits from a modern fitted kitchen and bathroom, and appears to be in good condition, needing only minor cosmetic improvements to enhance its presentation. The small rear yard offers some outdoor space, although it’s primarily paved. The location is within reasonable proximity to several primary schools, though the exact distances and Ofsted ratings require further investigation. The average house price in the area is significantly higher, at £136,574, with an average price per square foot of £89. However, the lack of square footage information for this property prevents a direct comparison. Nearby comparable properties show a range of prices, some considerably lower than the list price, and others higher, suggesting the £55,000 asking price may be competitive, particularly given its apparent good condition and modern kitchen and bathroom.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
6
Land
3
Bedrooms
2
Bathrooms
1

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 %
from 157,044.00 £
Average area rental value
607.00 £/mo
Decreased by 18.41 %
from 744.00 £/mo
Est rental Yield
7.47 %
Increased by 31.28 %
from 5.69 %
Crime Rate
68.00 %
Unchanged by 0.00 %
from 68.00 %

Agent Activity

  • Sylvester Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Annfield Plain Junior SchoolAcademy Converter1.26 KM
Annfield Plain Infant SchoolAcademy Converter1.60 KM
Oxhill Nursery SchoolLocal Authority Nursery SchoolGood1.66 KM
Greenland Community Primary SchoolAcademy ConverterGood2.42 KM
Tanfield Lea Community Primary SchoolCommunity SchoolGood2.55 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Hardy Terrace £ 000.00 KM
North Terrace £ 65,00000.00 KM
James Street £ 000.00 KM
William Street £ 000.00 KM
Shield Row Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mulberry Terrace, New Kyo, Stanley £ 55,000BUY5 / 100.00 KM
Mulberry Terrace, New Kyo, Stanley £ 55,000BUY5 / 100.04 KM
Woodbine Terrace, New Kyo, Stanley, DH9 £ 42,000BUY6 / 100.06 KM
Edward Terrace, Stanley, Durham, DH9 £ 50,000BUYUnknown0.07 KM
32 Edward Terrace, Stanley, County Durham DH9 7JW £ 15,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
12 Mulberry Terrace £ 12,0000.04 KM
2 Mulberry Terrace £ 38,0000.04 KM
19 Mulberry Terrace £ 79,9500.04 KM
6 Mulberry Terrace £ 29,0000.04 KM
8 Mulberry Terrace £ 50,0000.04 KM