2 Bed Terraced House, Single Let, Chester-le-Street, DH2 2DF, £85,000

Station View, Chester Le Street, Durham, DH2 2DF - 4 views - 8 months ago

Sold STC
BTL
ROI: 9%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£50K - £220K
Sold Prices/m²£737/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£81,637

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£450 - £1,275

Rent Estimate

£595

Running Costs/mo

£405

Cashflow/mo

£190

Cashflow/yr

£2,285

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £50K to £220K, average is £85K. £737/m² to £3.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£78.5K10/210.02 mi21, Station View, Chester Le Street, County Durham DH2 2DF2
£63K10/200.06 mi12, Murray Road, Chester Le Street, County Durham DH2 2AT2
£60K02/210.14 mi6, Elm Street, Chester Le Street, County Durham DH3 3EA2
£80K10/200.14 mi18, Elm Street, Chester Le Street, County Durham DH3 3EA2
£69K05/210.14 mi14, Elm Street, Chester Le Street, County Durham DH3 3EA2
£70K10/200.15 mi9, Tuart Street, Chester Le Street, Durham DH3 3EN2
£77K01/210.15 mi23, Tuart Street, Chester Le Street, Durham DH3 3EN2
£125K10/210.18 mi1, Castle Riggs, Chester Le Street, Durham DH2 2DL2
£195K11/200.18 mi20, Elvet Green, Chester Le Street, County Durham DH2 2ER2
£65K01/230.19 mi6, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL2
£68K08/210.2 mi17, Pine Street, Chester Le Street, County Durham DH3 3DW2
£58K06/210.2 mi23, Victor Street, Chester Le Street, Durham DH3 3DP2
£50K05/230.2 mi10, Victor Street, Chester Le Street, County Durham DH3 3DP2
£74K03/210.2 mi34, The Avenue, Chester Le Street, Durham DH2 2DB2
£98K04/230.22 mi9, Clarence Terrace, Chester Le Street, County Durham DH3 3DG2
£85K11/210.24 mi1, Cooperative Street, Chester Le Street, Durham DH3 3EX2
£116K11/200.25 mi21, Ashton Rise, Chester Le Street, Durham DH2 2JA2
£131K11/200.25 mi3, Ashton Rise, Chester Le Street, Durham DH2 2JA2
£79K11/200.27 mi5, Hemel Street, Chester Le Street, Durham DH3 3HP2
£65K01/210.29 mi6, Adelaide Street, Chester Le Street, County Durham DH3 3HY2
£81K03/210.3 mi11, Ernest Terrace, Chester Le Street, Durham DH3 3HR2
£75K02/210.32 mi15, Prospect Street, Chester Le Street, Durham DH3 3TQ2
£132.5K12/220.34 mi20, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£90K02/230.34 mi5, Gray Avenue, Chester Le Street, County Durham DH2 2EL2
£85K03/230.34 mi22, Gray Avenue, Chester Le Street, County Durham DH2 2EL2
£99K06/230.35 mi20, The Anchorage, Chester Le Street, County Durham DH3 3QW2
£116K12/220.36 mi21, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£77K01/210.36 mi26, Gray Avenue, Chester Le Street, Durham DH2 2EL2
£77K12/200.37 mi5, Prospect Terrace, Chester Le Street, Durham DH3 3TN2
£119K06/230.37 mi18, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£93K12/200.39 mi1, Cone Terrace, Chester Le Street, Durham DH3 3QH2
£170K02/210.4 mi34, St Cuthberts Avenue, Chester Le Street, Durham DH3 3PS2
£220K10/220.4 mi3, St Cuthberts Avenue, Chester Le Street, County Durham DH3 3PS2
£125K10/210.42 mi4, Glen Barr, Chester Le Street, Durham DH2 2JN2
£148K12/220.43 mi20, Hopgarth Gardens, Chester Le Street, County Durham DH3 3RJ2
£90K02/230.43 mi16, Baden Street, Chester Le Street, County Durham DH3 3JQ2
£83.5K12/220.43 mi15, Baden Street, Chester Le Street, County Durham DH3 3JQ2
£75K03/230.43 mi8, Baden Street, Chester Le Street, County Durham DH3 3JQ2
£114K02/210.43 mi27, South Street, Chester Le Street, County Durham DH2 2JG2
£82K05/230.43 mi11, South Street, Chester Le Street, County Durham DH2 2JG2
£78K03/230.44 mi16, Allen Street, Chester Le Street, County Durham DH3 3JG2
£87K04/230.44 mi27, Allen Street, Chester Le Street, County Durham DH3 3JG2
£100K11/220.44 mi166, Wynyard, Chester Le Street, County Durham DH2 2TQ2
£90K09/210.45 mi3, Glenavon Avenue, Chester Le Street, Durham DH2 2JL2
£75K04/230.45 mi2a, Glenavon Avenue, Chester Le Street, County Durham DH2 2JL2
£115K06/230.45 mi8, Picktree Cottages, Chester Le Street, County Durham DH3 3RP2
£91.5K05/230.46 mi20, Lambton Street, Chester Le Street, County Durham DH3 3NH2
£152.5K06/210.48 mi1, Katrine Close, Chester Le Street, County Durham DH2 3EF2
£70K02/210.48 mi27, Clifford Terrace, Chester Le Street, County Durham DH3 3JN2
£85K11/200.48 mi30, Clifford Terrace, Chester Le Street, County Durham DH3 3JN2

Local Rents

18 rents from £450/mo to £1.3K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£67512/240.16 mi-2
£67008/240.17 mi-2
£45012/240.19 miPoplar Street, Chester Le Street, Durham, DH32
£75012/240.22 miCentral Exchange, Chester le Street2
£65012/240.26 mi-2
£62512/240.28 miHigh Chare, Chester Le Street, County Durham, DH32
£65004/250.29 mi-2
£1,27506/240.31 mi-2
£72509/230.33 mi-2
£67512/240.35 miProspect Street, Chester Le Street, County Durham2
£65012/240.36 miThe Anchorage, Chester Le Street, County Durham, DH32
£59512/240.37 miRobertson Court, Chester Le Street, Durham, DH32
£62504/250.42 mi-2
£59512/240.44 miAllen Street, Chester-le-Street, County Durham2
£75012/240.51 mi-2
£69512/240.55 miOrchard Terrace, Chester Le Street, DH32
£59512/240.6 miJolliffe Street, Chester Le Street, Dh32
£62512/240.62 miPelaw Crescent, Chester Le Street, County Durham, DH22

Local Area Statistics

Population in DH2

30,579

Population in Chester-le-Street

56,377

Town centre distance

0.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.09 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £85,000

August 16, 2024

Floor Plans

Description

  • Two-bedroom terraced house +
  • Quiet, friendly cul-de-sac +
  • Spacious reception room +
  • Dining Kitchen +
  • Spacious bedrooms +
  • Delightful garden and Off-street parking +
  • Excellent transport links +
  • Nearby schools and amenities +

Welcome to this charming two-bedroom terraced house, nestled in a quiet, friendly cul-de-sac. It's the perfect spot for families, couples, and first-time buyers alike, offering a warm and welcoming home in a strong community.

The spacious reception room provides a delightful area to kick back and relax in the evenings. The kitchen is another highlight, offering ample dining space for family meals. It's perfect for those who love to cook and entertain.

The property boasts two bedrooms. The first one is a spacious double room filled with natural light, offering a peaceful retreat at the end of the day. The second bedroom offers flexibility, ideal as a guest room, a home office, or perhaps a nursery.

Outside, you'll find a delightful front garden, it's perfect for enjoying sunny afternoons and alfresco dining in the warmer months. Plus, the added bonus of driveway providing off-street parking makes this home even more appealing. Yard to the rear with shed for storage and gated access to the road to the rear.

The location of this property really sets it apart. It benefits from excellent public transport links, nearby schools, and local amenities, making everyday living a breeze.

This property is more than just a house; it's a home waiting to be filled with new memories. Don't miss out on your chance to view this delightful property - it's sure to be snapped up quickly.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

CST240231/2

Agent Details

Reeds Rains, Chester le Street

0191 625 0992

Next Steps?

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