Summary - 38 EAST STREET STANLEY DH9 0UF
2 bed 1 bath Terraced
Two-bed mid-terrace, tenanted and auction-ready — low-maintenance yards and period features.
Sold at auction — quick completion likely
Set for sale by auction, this two-bedroom mid-terrace on East Street offers a straightforward investment entry in Stanley. The property is currently tenanted, producing £550 pcm, and sits on a small plot with low-maintenance front and rear yards — attractive for buy-to-let landlords who prefer minimal outdoor upkeep.
The house retains period features such as a bay-fronted living room and a feature fireplace but is described as a fixer-upper in places. The kitchen/diner is functional with integrated appliances, while the bathroom includes a bath with overhead shower. Constructed between 1930–1949, the home has double glazing, mains gas central heating with a boiler and radiators, and cavity walls assumed to have no insulation.
Notable practical points: the property will be sold at auction and is offered freehold; it benefits from fast broadband and excellent mobile signal. However, there are material considerations for buyers: the area records above-average crime rates, the building likely needs updating and potential insulation work, and the plot and room sizes are modest. These factors should be weighed against the immediate rental income and straightforward layout.
This opportunity suits investors looking for a hands-on asset in a predominantly working-class, inner-town area. Expect short-term maintenance or refurbishment to improve living standards and longer-term rental value — the auction sale route means a quick completion timeline for prepared purchasers.
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