Summary - 30 RIDLEY STREET STANLEY DH9 0PD
2 bed 1 bath Terraced
Income-ready terraced home near Stanley centre, let until May 2026.
Two bedrooms, lounge, kitchen/diner and family bathroom
A two-bedroom mid-terrace Victorian house offering a straightforward investment in Stanley. The property is presented in modern condition internally with double glazing, gas central heating and a low-maintenance rear yard and front garden. It is currently let to May 2026, producing a rental return of over 9%, making it immediately income-generating for a buy-to-let portfolio.
Positioned a short walk from Stanley town centre, the house benefits from fast broadband, excellent mobile signal and regular bus links to Durham and Newcastle. Local schools nearby include several rated Good by Ofsted, and everyday amenities are within easy reach — useful for tenants and future resale appeal. The home has a practical layout: entrance porch, lounge, kitchen/diner, two bedrooms and a family bathroom.
Buyers should note material considerations: the neighbourhood has a very high crime rate and the wider area is classified as deprived, which can affect long-term capital growth and tenant profiles. The building has original solid brick walls with assumed no cavity insulation and the tenure information is not provided. Those seeking to add value should allow for potential insulation and energy-efficiency upgrades.
This is best suited to investors wanting an immediate, let property with scope for modest improvement, or homeowners prepared to accept the area characteristics and carry out targeted works to improve thermal performance and resale value. The small plot and average internal size suit buyers looking for a compact, manageable property rather than a family home with large outdoor space.
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