2-bedroom house · DH9 8BE
Listing removedListed 174 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: GX2C North East Property is delighted to welcome to the rental market this spacious, newly refurbished two-bedroom home, located on Good Street, Stanley.
Ideal for couples or growing families, the property is well-positioned close to local amenities, with excellent transport links and easy access to the main bus route.
Surrounded by nearby green space, it offers a great balance of convenience and lifestyle. The ground floor comprises a generous lounge, a modern fitted kitchen, and a family bathroom.
To the first floor are two well proportioned bedrooms, offering comfortable living space for a range of tenants.
Externally, the property benefits from a private, enclosed rear yard, providing a low-maintenance outdoor space or additional storage.
There is also a large garage, ideal for storage or those with diy interests.
Costs • Monthly Rent: £650 pcm • Security Deposit: £750 • Holding Deposit: £100 • Council Tax Band: A Referencing and Credit Checks A holding deposit equivalent to one week’s rent is required at the start of the application process.
For successful applicants, this will be deducted from the first month’s rent or the security deposit, subject to agreement.
In line with the Tenant Fees Act 2019, the holding deposit may become non-refundable if an applicant fails referencing or credit checks, provides false or misleading information, or does not disclose a ccj or iva.
Please allow up to 15 days for the referencing process to be completed. If you have any concerns, we recommend speaking with a member of our team before proceeding.
Affordability Requirements Tenant Income Applicants must demonstrate a combined annual income of at least 2.5 times the annual rent.
Example: £650 pcm × 12 = £7,800 per year × 2.5 = £19,500 minimum income. Guarantor Income Where required, a guarantor must have a minimum annual income of 3 times the annual rent.
Example: £650 pcm × 12 = £7,800 per year × 3 = £23,400 minimum income. Alternatively, a guarantor may qualify through sufficient savings or pension funds.
Tenants are responsible for all utility bills and Council Tax, and are advised to insure their own belongings.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
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FAQ
About 13, Good Street, Stanley
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