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See how verdicts work2-bedroom house · DH9 8EA
Listing removedReduced £5k (−5%) on 29 JulListed 124 days
Opportunity summary
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About
Summary Pattinson Estate Agents are pleased to present this well-presented two bedroom mid-terrace property situated on Asquith Terrace, Catchgate, Stanley.
Offering spacious accommodation throughout, the property benefits from a modern fitted kitchen/diner, generous dual aspect lounge, enclosed front garden and rear courtyard, making it an ideal purchase for first-time buyers, investors or those looking to downsize.
The accommodation briefly comprises an entrance hallway, spacious lounge and fitted kitchen to the ground floor. To the first floor are two well-proportioned bedrooms and a family bathroom.
Externally, the property enjoys a private enclosed low-maintenance front garden with brick storage shed, together with an enclosed rear courtyard providing gated access to the rear lane.
Asquith Terrace is situated within the popular village of Catchgate, offering a range of local amenities including shops, schools, healthcare facilities and leisure amenities.
Stanley town centre is approximately two miles away and provides a wider selection of retail and recreational facilities.
The property benefits from excellent transport links to Consett, Chester-le-Street, Durham and Newcastle upon Tyne via the nearby A693 and A1(M), making it well placed for commuters.
Council Tax Band: A Tenure: Freehold Entrance Hallway UPVC part glazed entrance door, stairs to the first floor and carpet flooring.
Lounge/Diner (7.20m x 4.55m) Spacious dual aspect lounge with double glazed windows to the front and rear elevations, GCH radiator, recessed lighting and carpet flooring.
Kitchen (5.25m x 2.41m) Double glazed side aspect with part glazed UPVC door leading to the rear courtyard.
Fitted with a range of wall and base units with roll top work surfaces, inset stainless steel sink with mixer tap and drainer, tiled splashbacks, free-standing electric oven with four ring gas hob and extractor hood.
Plumbing for a washing machine and dishwasher, space for a fridge freezer, under-counter fridge/freezer and tumble dryer, combi boiler, GCH radiator, recessed lighting and tiled flooring.
First Floor Landing Loft access, recessed lighting and carpet flooring. Bedroom One (4.79m x 3.72m) Double glazed front aspect, GCH radiator, built-in storage, recessed lighting and carpet flooring.
Bedroom Two (3.05m x 2.89m) Double glazed rear aspect, GCH radiator, recessed lighting and carpet flooring. Family Bathroom Double glazed rear aspect.
Fitted with a white suite comprising WC, pedestal wash hand basin and bath with mains-fed shower over.
Includes fully tiled walls, tiled flooring, recessed lighting, GCH radiator and chrome towel radiator.
Externally To the front: Private enclosed low-maintenance garden with paved pathway leading to the entrance, external water supply, external lighting and a useful brick storage shed.
To the rear: Enclosed walled courtyard with pathway leading to the entrance, gated access to the rear lane, external water supply and external lighting.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 4, Asquith Terrace, Stanley
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