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County Durham
Property sourcing agents in County Durham and the northeast UK, the Property Guru team source, refurbish and let suitable investment property to match your strategy and goals. Landlords from around the world looking for high returns on investment look to the County Durham property market for low purchase prices and high cash flow. Property finders in County Durham are vital in building and expanding a property portfolio. The Property Guru team are professional landlords and property investors, so are best placed to assist both new and experienced landlords along their journey to success in the County Durham buy to let investment area.
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County Durham is a ceremonial county in North East England.The county town is the city of Durham. The county borders Cumbria to the west, North Yorkshire to the south, and Tyne and Wear and Northumberland to the north. Durham is a city in the North-East of England and is well known for its Norman cathedral and 11th-century castle. Durham Cathedral is famous for being the final resting place of Saint Cuthbert and Saint Bede the Venerable, and the castle has been the home of Durham University since 1832.
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Properties in County Durham had an overall average price of £156,558 over the last year.
The majority of sales in County Durham during the last year were terraced properties, selling for an average price of £105,889. Semi-detached properties sold for an average of £150,603, with detached properties fetching £287,257.
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An area of County Durham that has proved very popular among overseas investors is a town called Stanley. The low purchase prices and high rental demand create great potential when looking for high returns on investment. Stanley is a former colliery town and civil parish in County Durham, North East England. Centred on a hilltop between Chester-le-Street and Consett, the town lies south west of Gateshead.
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Refurbishment of Stanley town centre in recent years has seen the opening of a new solar-powered bus interchange and an extension to the Louisa Centre leisure facility incorporating a new town swimming pool. Future redevelopment will see the opening of a new health centre and a Sure Start children's centre.
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As well as a number of primary schools, Stanley has two secondary schools. These are:
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North Durham Academy (in South Stanley – connected to South Stanley Infants and Juniors)
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Tanfield School, (in Tanfield next to Stanley)
The town is also served by St Bede's Catholic School and Sixth Form College, based in the nearby village of Lanchester.
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Properties in Stanley had an overall average price of £107,499 over the last year.
The majority of sales in Stanley during the last year were terraced properties, selling for an average price of £80,640. Semi-detached properties sold for an average of £125,209, with detached properties fetching £218,575.
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County Durham could be an area of interest for you and your buy to let portfolio. To discuss the options available to you, simply contact the Property Guru team using the below form.