10 Lenin Terrace, Stanley
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10 Lenin Terrace, Stanley

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We have confidence in this estimated current valuation Updated recently
£85,800
Or £558 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Mar 19, 2022
£70,000
For Sale
Sep 16, 2022
£130,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 10 Lenin Terrace, Stanley, a cozy and compact semi-detached type home with 3 bed in the DH9 6PA area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built 1950-1966 and has a reported internal area of 81.0 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £85,800 and a rental potential of £558 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Mar 19, 2022. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" Perfectly suited to those looking to put their own stamp on a property, a three bedroom semi-detached house located on Lenin Terrace, Stanley. Offered for sale via modern method of auction the property requires modifying and benefits from several reception areas, gas central heating a and large south facing garden.

Briefly comprising to the ground floor; Entrance hall, lounge, dining room and kitchen.
To the first floor; Three bedrooms, a bathroom and separate WC.
Externally there is an enclosed garden to the front with a driveway allowing parking for one car. To the rear is a large enclosed garden.

Lenin Terrace is a stones throw from Stanley town centre and is close to local schools, shops and facilities. There are good transport links to the surrounding areas such as Consett, Newcastle Upon Tyne and Durham. The A1 is within a 10 minute drive, along with popular local attractions including Beamish Museum and Tanfield Railway.

Donβ€˜t miss out on a real opportunity! Please call Reeds Rains to arrange to view.

EPC GRADE D



Property Description    Offered for sale via modern method of auction the property requires modifying and benefits from several reception areas, gas central heating a and large south facing garden.

Briefly comprising to the ground floor; Entrance hall, lounge, dining room and kitchen.
To the first floor; Three bedrooms, a bathroom and separate WC.
Externally there is an enclosed garden to the front with a driveway allowing parking for one car. To the rear is a large enclosed garden.

Lenin Terrace is a stones throw from Stanley town centre and is close to local schools, shops and facilities. There are good transport links to the surrounding areas such as Consett, Newcastle Upon Tyne and Durham. The A1 is within a 10 minute drive, along with popular local attractions including Beamish Museum and Tanfield Railway.

Donβ€˜t miss out on a real opportunity! Please call Reeds Rains to arrange to view.

EPC GRADE D

Auctioneers Comments    This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of 6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of 300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Entrance Hall    Radiator.

Lounge 4 x 3.5. Fireplace with surround, T.V. point, radiator.

Dining Room 3.05 x 3.75. Radiator.

Kitchen 4.55 x 2.1. Range of fitted floor units along with worktops, stainless steel sink, plumbing for washer, storage cupboard, radiator.

First Floor Landing    Storage cupboard housing central heating unit.

Bedroom One 4.05 x 3.35. Radiator.

Bedroom Two 3.05 x 3.25. Radiator.

Bedroom Three 2.8 x 2.35. Storage cupboard, radiator.

Bathroom 1.75 x 1.55. Panelled bath, pedestal hand wash basin, radiator.

WC    W.C.

External    Enclosed garden to the front with a driveway allowing parking for one car. To the rear is a large enclosed garden.

Floorplan



IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

STA2200295 "

Property Data

Data point Compared to road
Tax band A
299 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £390 Try Mortgage Tracker
Energy £935 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Oxhill Nursery School
0.1mi
South Stanley Infant and Nursery School
0.6mi
South Stanley Junior School
0.6mi
St Joseph's Roman Catholic Voluntary Aided Primary School Stanley
0.6mi
Tanfield School Specialist College of Science and Engineering
0.7mi
Nearby Stations
Chester-le-Street Station
5.3mi
Dunston Station
6.4mi
MetroCentre Station
6.6mi
Blaydon Station
6.8mi
Newcastle Station
7.9mi

Comparable properties

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Strengths and Opportunities

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Renovation improvements

πŸ€”
New Kitchen
This could increase your home value by £15,000
πŸ€”
New Bathroom
This could increase your home value by £5,000
πŸ€”
Air Conditioning
This could increase your home value by £7,000
πŸ€”
New Windows
This could increase your home value by £10,000
πŸ€”
Greener Home
This could increase your home value by £5,000

Cost improvements

πŸ€”
πŸ€”
Suggestion: Switch energy provider
Click here to view providers

Strengths

πŸ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
πŸ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 10 Lenin Terrace, Stanley worth?

    10 Lenin Terrace, Stanley is now worth £85,800 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 10 Lenin Terrace, Stanley - click click here to get a valuation with no strings attached.

  2. What is the rental value of 10 Lenin Terrace, Stanley?

    The current rental valuation for this property is £558 per month, within a price range of £502 and £613.

  3. How many bedrooms does 10 Lenin Terrace, Stanley have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 10 Lenin Terrace, Stanley?

    Nearby schools in include Oxhill Nursery School, South Stanley Infant and Nursery School, South Stanley Junior School, St Joseph's Roman Catholic Voluntary Aided Primary School Stanley, Tanfield School Specialist College of Science and Engineering

    Nearby stations in include Chester-le-Street Station, Dunston Station, MetroCentre Station, Blaydon Station, Newcastle Station.

  5. What type of property is 10 Lenin Terrace, Stanley

    This is a Semi-Detached property. There are 18 other Semi-Detached properties on LENIN TERRACE, and 18 in total.

  6. When was 10 Lenin Terrace, Stanley built? How old is 10 Lenin Terrace, Stanley?

    10 Lenin Terrace, Stanley was was built between 1950-1966.

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Durham, Durham Chester Le Street, Durham Chester Le Street, Tyne And Wear Houghton Le Spring, Tyne And Wear Consett, Durham Stanley, Durham Durham, Tyne And Wear