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Fern Avenue, Stanley

Fern Avenue, Stanley, DH9 7QY

£48,000

house - terraced · 2 beds · 1 bath

At a glance

Bedrooms
2
Bathrooms
1
Property type
Terraced
Tenure
FREEHOLD
Council tax band
A

About this home

Two-bedroom terraced house in South Moor, Stanley A neatly presented two-bedroom mid-terraced home on Fern Avenue, South Moor, offering straightforward, well-arranged accommodation close to Stanley town centre. The property includes a lounge with wood-effect flooring, a fitted kitchen with direct rear access, two first-floor bedrooms, and a tiled bathroom with shower over bath. With neutral décor, double glazing, gas central heating and a freehold title, this is a practical home for both investors and owner-occupiers. Property Description The front door opens into a comfortable reception room, finished with wood-effect flooring and neutral walls, creating a bright and easy-to-maintain living space. The kitchen sits to the rear and is fitted with a range of wall and base units, oven, hob, extractor, sink unit and space for appliances, with a rear door leading out to the enclosed yard. Upstairs, there are two bedrooms. There is also the bathroom which is fully tiled and includes a panelled bath with shower attachment, WC and wash basin with vanity storage. Externally, the property has a small front garden area and a rear yard, typical of this style of terrace. The home appears well suited to rental use, first-time buyers, or those looking for a manageable property in a convenient Stanley location. For Investors This property is being offered at OIEO £50,000 and is reported to let well at around £425 pcm. Rental evidence in the wider Stanley market supports strong demand for affordable two-bedroom homes. Current market listings show two-bedroom houses in Stanley advertised from around £525 to £650 pcm, while market data sources indicate average two-bedroom house rents in Stanley at approximately £599 pcm and DH9 gross yields around 6.6%. The property also benefits from an EPC rating of C, with potential to improve to B, which is attractive for landlords looking ahead to energy-efficiency expectations in the rental sector. Its freehold tenure and Band A council tax position also help keep ongoing ownership costs clear and manageable. Local Amenities Fern Avenue is positioned in South Moor, close to Stanley town centre, where everyday shops, supermarkets, takeaways, schools, healthcare facilities and local services are available. Stanley also offers access to nearby leisure and heritage attractions, including Beamish Museum, one of County Durham’s best-known visitor destinations, located around 3 miles from Stanley by road. For green space and days out, the wider Stanley area gives access to local parks, countryside routes and North East attractions, with Beamish, Causey Arch and the surrounding Derwent Valley all within reach. Stanley’s location is also useful for access to Durham, Chester-le-Street, Consett, Gateshead and Newcastle. Transport Links South Moor is well served by local bus routes. Nearby bus stops include Maple Street and Poplar Street, with services including the 16B, 78 and X72 stopping in the South Moor area. Go North East’s Durham Diamond services connect Durham, South Moor, Stanley, Consett and Shotley Bridge Hospital, while the 6 service links Newcastle, Stanley, South Moor and Lanchester. Durham Station can be reached from Stanley by bus in around 31 minutes, with services operating from Durham Bus Station to Stanley Bus Station, while Newcastle can be reached from Stanley by bus in around 37 minutes on services running via Go North East. Road links are convenient for the A693, A6076 and onward routes towards Chester-le-Street, Consett, Durham, Gateshead and Newcastle. Key Facts Address: Fern Avenue, South Moor, Stanley, DH9 7QY Property type: Mid-terraced house Bedrooms: 2 Bathrooms: 1 Price: OIEO £50,000 Tenure: Freehold Council tax band: A Local authority: Durham EPC rating: C EPC score: 71 Potential EPC rating: B Potential EPC score: 89 Total floor area: 48 sq m Plot size: 0.02 acres Year built: 1900–1929 Heating: Gas boiler and radiators Glazing: Double glazing Construction: Mid-terrace, cavity wall with filled cavity Council tax estimate: £1,748 Reported rental figure: circa £425 pcm

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