2 bedrooms house for sale in Stanley, United Kingdom

• Being sold by online auction
• Buyer’s fees apply
• Buy-it-now option available
• Close to local amenities
• Well presented throughout
• Tenant in situ (£460 pcm)
• Two double bedrooms

Based on the description you've provided, the property is located at Mulberry Terrace, Stanley, DH9. It is a mid-terrace property with two bedrooms and a sitting tenant currently paying rent. The property is estimated to be valued at £55,000. From a buyer's perspective, the property offers a great opportunity for a real estate investment due to the stable rental income from the sitting tenant. The rent being paid is £59 per week, which is equivalent to an annual rent of £3,060, hence providing a yield of around 5.7%. This could make it an attractive investment if you're looking for cash flow as part of your investment strategy. As for a lifestyle purchase, Mulberry Terrace is located in New Kyo, which is most likely a residential area. Therefore, it's suitable for someone looking for a smaller living space in a quieter neighbourhood. However, it's essential to consider the surrounding areas' amenities, schools, and potential noise levels apart from the property itself. In conclusion, from a buyer's perspective, this property might be a good investment due to the rental income and the potential for capital appreciation in the future. However, it may not be the best choice for a lifestyle purchase if you, for example, want to live in complete tranquillity with property- owning privacy.