2-bedroom house · DH9 7NP
Listing removedReduced £30 (−4.8%) on 21 AugListed 83 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sylvester Properties are pleased to welcome to the rental market this two bedroom end terraced home located within Garden Terrace, Stanley.
This well presented property benefits from double glazing and is warmed via gas central heating throughout, this family home briefly comprises; to the ground floor – Lounge, dining room and kitchen.
To the first floor are two spacious bedrooms and the family bathroom and an additional WC upstairs. Externally the property has a small rear yard and a patio at the front.
This well-presented home in Stanley is new to the rental market, offering comfortable living space, practical features and convenient access to local amenities.
The property is neutrally decorated throughout, creating a bright and welcoming feel. Upstairs, the property offers two spacious bedrooms, family bathroom and an additional WC.
Externally, the home has a small rear yard and a patio to the front.
Stanley town centre is within easy reach, offering a variety of shops, supermarkets and cafés, while nearby retail parks provide additional leisure and shopping facilities.
The area is well-served by a selection of primary and secondary schools, making it a practical choice for a range of buyers.
Excellent transport links connect Stanley to Durham, Newcastle and Chester-le-Street via regular bus services, while the A693 and A1(M) offer straightforward road access across the region.
Surrounded by green spaces and local countryside, the area also provides plenty of opportunities for walking, cycling and outdoor leisure, combining convenience with a pleasant setting.
Costs • Monthly Rent: £625PCM • Security Deposit: £25 • Holding Deposit: £144.23 • 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 holding deposit will be deducted from the first month’s rent or the security deposit, subject to agreement with the payee.
In accordance with the Tenant Fees Act 2019, the holding deposit may become non-refundable if you fail the referencing or credit checks, provide false or misleading information, or do not disclose a County Court Judgment (ccj) or Individual Voluntary Arrangement (iva) on your application form or that of a nominated guarantor.
Please note that up to 15 days may be required to complete all checks. If you have any concerns regarding the referencing process, you should contact a member of our team before making payment.
Affordability requirements Tenant Income To pass the affordability assessment, the combined minimum annual income must equal at least 2.5 times the annual rent.
Example: £675 pcm × 12 = £8,100 per year × 2.5 = £20,250 minimum income. This income may be combined between applicants in a joint tenancy.
Guarantor Income A working guarantor must have a minimum annual income of at least 3 times the annual rent. Example: £675 pcm × 12 = £8,100 per year × 3 = £24,300 minimum income.
Alternatively, a guarantor may qualify by holding savings or pension funds equal to or greater than this amount. Tenants must insure their own belongings.
Tenants are usually responsible for all utility bills and Council Tax.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About 1, Garden Terrace, Stanley
Explore nearby