Affordable two-bedroom starter with big outdoor space and rental potential.
- Chain free freehold with low council tax
- Two bedrooms, lounge and kitchen/diner layout
- Very large front and rear gardens, scope to improve
- Double glazing and mains gas central heating present
- Estimated rental potential circa £650 pcm
- Requires general modernisation and some floor repairs
- Slow broadband speeds; area classed as deprived
- Low crime area; excellent mobile signal
This two-bedroom semi-detached house on Palm Terrace is offered chain-free and suited to first-time buyers or investors seeking affordable entry into the area. The property sits on an unusually large front and rear plot, giving scope for landscaping, extensions (subject to planning) or rental garden amenity. Double glazing and mains gas central heating are already in place.
Internally the layout is straightforward: lounge to the front, kitchen/diner to the rear with garden access, and two bedrooms plus bathroom upstairs. The house is a post‑war build and is presented as a fixer‑upper: it will benefit from general modernisation and cosmetic work, including some floor and surface repairs shown in images. Potential rental income is estimated at around £650 pcm.
Location is practical for local amenities and schools, with Stanley approximately two miles away and good bus links to Durham and Newcastle. The area records low crime and excellent mobile signal, but the neighbourhood sits within a deprived classification and broadband speeds are slow — factors to weigh for homeowners and tenants. Council tax is low and the property is freehold, which supports manageable running costs.
This is a clear value proposition for someone prepared to invest time and money into refurbishment. For buyers wanting a ready-to-move home without works, this will not be ideal; for others it offers a low-price opportunity, large gardens, and straightforward rental potential in a popular local pocket.
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