Sylvester Properties are pleased to welcome to the rental market this two bedroom end terraced home located within Garden Terrace, Stanley. This well presented property benefits from double glazing and is warmed via gas central heating throughout, this family home briefly comprises; to the ground floor – Lounge, dining room and kitchen. To the first floor are two spacious bedrooms and the family bathroom and an additional WC upstairs. Externally the property has a small rear yard and a patio at the front.
This well-presented home in Stanley is new to the rental market, offering comfortable living space, practical features and convenient access to local amenities.
The property is neutrally decorated throughout, creating a bright and welcoming feel.
Upstairs, the property offers two spacious bedrooms, family bathroom and an additional WC.
Externally, the home has a small rear yard and a patio to the front.
Stanley town centre is within easy reach, offering a variety of shops, supermarkets and cafés, while nearby retail parks provide additional leisure and shopping facilities. The area is well-served by a selection of primary and secondary schools, making it a practical choice for a range of buyers.
Excellent transport links connect Stanley to Durham, Newcastle and Chester-le-Street via regular bus services, while the A693 and A1(M) offer straightforward road access across the region.
Surrounded by green spaces and local countryside, the area also provides plenty of opportunities for walking, cycling and outdoor leisure, combining convenience with a pleasant setting.
COSTS
• Monthly Rent: £625PCM
• Security Deposit: £25
• Holding Deposit: £144.23
• Council Tax Band: A
REFERENCING AND CREDIT CHECKS
A holding deposit equivalent to one week’s rent is required at the start of the application process. For successful applicants, this holding deposit will be deducted from the first month’s rent or the security deposit, subject to agreement with the payee.
In accordance with the Tenant Fees Act 2019, the holding deposit may become non-refundable if you fail the referencing or credit checks, provide false or misleading information, or do not disclose a County Court Judgment (CCJ) or Individual Voluntary Arrangement (IVA) on your application form or that of a nominated guarantor. Please note that up to 15 days may be required to complete all checks. If you have any concerns regarding the referencing process, you should contact a member of our team before making payment.
AFFORDABILITY REQUIREMENTS
Tenant Income
To pass the affordability assessment, the combined minimum annual income must equal at least 2.5 times the annual rent.
Example: £675 PCM × 12 = £8,100 per year × 2.5 = £20,250 minimum income.
This income may be combined between applicants in a joint tenancy.
Guarantor Income
A working guarantor must have a minimum annual income of at least 3 times the annual rent.
Example: £675 PCM × 12 = £8,100 per year × 3 = £24,300 minimum income.
Alternatively, a guarantor may qualify by holding savings or pension funds equal to or greater than this amount.
Tenants must insure their own belongings.
Tenants are usually responsible for all utility bills and Council Tax.
