Stanley, located in County Durham, offers affordability and excellent transport links to Newcastle and Durham. With strong rental demand and various property options, itās a prime spot for investors seeking great returns and buyers looking for value in a growing area.
When it comes to property sales, it isĀ doing better than the national average. Over the last three months, prices here have jumped + 0.6%, compared to -0.3% nationally.
In DH9 specifically, prices are up 1.0%, and sellers are making the most of this buzzing market.
You're missing out if youāre not looking at Stanley for your next investment.
The biggest driver of growth in Stanley, though, is the rental market. It's up 2.5% over the last 3 months vs. 1.0% nationally.Ā
Stanley: A Red-Hot Investment Opportunity! š„
Orwell Street, DH9: This 2-bedroom house was rented at Ā£550 pcm in 2022. Fast forward to 2024, and it's achieving Ā£625 pcmāa clear sign of growing demand.
Why Invest in Stanley?
With property values starting from around Ā£60k for 2-bedroom properties, Stanley offers an exceptional investment opportunity. Yields are as high as 10-11% combined with strong rental demand make this area a hotspot for investors aiming for reliable returns and long-term growth.
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