Stanley and neighbouring towns, have seen a great amount of investment with more and more businesses choosing this location to base their offices. Not to mention the number of residential developments springing up over recent years. The area of The Middles has seen a lot of recent growth with some 600 houses being built, making this a popular place for couples and families alike. Dipton has also seen expansion recently. The area has proven popular with local developers which has been of real benefit to the buyers as they can often negotiate attractive deals.
In terms of socialising and leisure facilities, South Causey Inn on Beamish Way Road, is a charming 4 star independently run hotel, with some hot tub rooms available and a lovely rustic and cosy restaurant. For sporting enthusiasts, The Louisa Sports Centre on Front Street, offers a whole range of classes and facilities for adults wishing to keep active as well as weekly activities for children, including archery and cheerleading.
If you fancy hitting the shops and indulging in some retail therapy, the Metrocentre in Gateshead is a short 15-20 minute drive away. After all that shopping why not treat the kids and head for burgers at Five Guys or some pizza and pasta at Bella Italia.
No matter what you are looking for; flats, semis and detached properties are all available in Stanley, but the town is mostly made up of terraced houses, varying in size and quality. The rental market is currently very buoyant, with excellent yields, houses are cheap and from an investment point of view Stanley is a safe and viable option which should be considered if you are looking to grow your property portfolio or indeed invest for the first time. Reassuringly, properties are turned around in as little as 2-3 weeks, with the average 2 bedroom terraced house fetching £400pcm.
For those interested in buying an investment property, or if you’re looking at owner – occupier options, the team have a fantastic array of properties from 2 bedroom mid terraced houses which start from as little as £10,000 at auction, right the way through to large family homes selling in excess of half a million pounds.
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