Summary - 18, REYNOLDS CLOSE, STANLEY DH9 6TD
3 bed 1 bath Terraced
Affordable three-bed opportunity near schools and local amenities.
Guide price £75,000+ reflecting refurbishment need
This three-bedroom end-terrace in Reynolds Close is priced to reflect its condition and strong refurbishment potential. At c.509 sq ft with small front and rear gardens and a nearby detached garage, the property offers a compact footprint suitable for a first-time buyer seeking a low-entry home or an investor/developer able to carry out works.
The accommodation is dated throughout and requires cosmetic updating: older kitchen, patterned wallpaper, fitted carpets and a bathroom that will need modernising. Heating is via electric storage heaters and the EPC is E — buyers should budget for energy and heating upgrades. The property is freehold and benefits from double glazing installed after 2002 and good broadband and mobile signal.
Location and tenure carry important considerations. The area scores high on deprivation and recorded crime is above average; nearby amenities and several Good-rated primary schools are positives for local families. The sale is by unconditional online auction (Option A) with a non-refundable administration fee and a 10% deposit requirement — bidders must review the legal pack and be prepared to complete within the auction timescales.
For those able to manage renovation and familiar with auction purchase processes, this is an affordable opportunity to create a comfortable home or rental unit in a built-up town setting. If you are risk-averse or cannot commit to auction terms and refurbishment costs, this lot may not be suitable.
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