2 Bed Flat, Single Let, Chester-le-Street, DH3 3FB, £104,995

Robertson Court, Chester Le Street, County Durham, DH3 3FB - 4 views - 7 months ago

Sold STC

Leasehold

BTL

ROI: 5%

~56 m²

+12 photos

ValuationOvervalued

Sold Prices	£55K - £324K
Sold Prices/m²	£1.1K/m² - £2.4K/m²

Square Metres	~56 m²
Price/m²	£1.9K/m²
Value Estimate	£90,704£90,704

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£26,249£26,249
Stamp Duty & Legal Fees	£6,450£6,450
Total Cash In	£32,699£32,699

Cash Out
Rent Range	£450 - £1,275£450 - £1,275
Rent Estimate	£595
Running Costs/mo	£467£467
Cashflow/mo	£128£128
Cashflow/yr	£1,535£1,535
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

45 sold prices from £55K to £324K, average is £89K. £1.1K/m² to £2.4K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£93K	07/22	0.01 mi	33, Robertson Court, Chester Le Street, County Durham DH3 3FB	£1,368	68	2	Flat
£82K	07/21	0.04 mi	4, Robertson Court, Chester Le Street, County Durham DH3 3FB	£1,206	68	2	Flat
£89K	11/20	0.04 mi	1, Robertson Court, Chester Le Street, Durham DH3 3FB	£1,712	52	2	Flat
£88.5K	05/21	0.04 mi	39, Robertson Court, Chester Le Street, Durham DH3 3FB	£1,485	60	2	Flat
£85K	07/23	0.04 mi	8, Robertson Court, Chester Le Street, County Durham DH3 3FB	£1,364	62	2	Flat
£78K	11/20	0.1 mi	34, Union Court, Chester Le Street, Durham DH3 3PA	£1,500	52	2	Flat
£57.5K	08/23	0.1 mi	33, Union Court, Chester Le Street, County Durham DH3 3PA	£1,127	51	2	Flat
£55K	02/23	0.1 mi	12, Union Court, Chester Le Street, County Durham DH3 3PA	-	-	2	Flat
£132K	09/21	0.2 mi	8, Central Exchange, Chester Le Street, Durham DH3 3DX	£1,953	68	2	Flat
£130K	04/22	0.25 mi	10, Central Exchange, Chester Le Street, County Durham DH3 3DX	-	-	2	Flat
£110K	06/23	0.35 mi	6a, Bede Court, Chester Le Street, County Durham DH3 3YJ	£1,642	67	2	Flat
£85K	09/22	0.35 mi	24, The Anchorage, Chester Le Street, County Durham DH3 3QW	£1,771	48	2	Flat
£115K	08/22	0.35 mi	24, Bede Court, Chester Le Street, County Durham DH3 3YJ	£1,620	71	2	Flat
£99K	05/23	0.4 mi	10, The Anchorage, Chester Le Street, County Durham DH3 3QW	-	-	2	Flat
£97.5K	07/22	0.5 mi	36, Robertson Court, Chester Le Street, County Durham DH3 3FB	£1,598	61	2	Flat
£120K	02/23	0.62 mi	43, Sandringham Court, Chester Le Street, County Durham DH3 3SQ	£1,846	65	2	Flat
£100K	03/23	0.62 mi	32, Sandringham Court, Chester Le Street, County Durham DH3 3SQ	£1,635	61	2	Flat
£104K	07/21	0.62 mi	38, Sandringham Court, Chester Le Street, Durham DH3 3SQ	£1,625	64	2	Flat
£100K	04/23	0.62 mi	42, Sandringham Court, Chester Le Street, County Durham DH3 3SQ	£1,545	65	2	Flat
£125.1K	06/22	0.62 mi	11, Sandringham Court, Chester Le Street, County Durham DH3 3SQ	£1,723	73	2	Flat
£70K	02/23	0.63 mi	58, Chatton Close, Chester Le Street, County Durham DH2 3HU	-	-	2	Flat
£300K	06/23	0.63 mi	13, The Hermitage, Chester Le Street, County Durham DH2 3RG	-	-	2	Flat
£324K	07/22	0.63 mi	15, The Hermitage, Chester Le Street, County Durham DH2 3RG	£2,418	134	2	Flat
£78.5K	09/21	0.64 mi	62, Chatton Close, Chester Le Street, Durham DH2 3HU	£1,506	52	2	Flat
£89K	10/21	0.64 mi	60, Chatton Close, Chester Le Street, Durham DH2 3HU	-	-	2	Flat
£187K	04/22	0.68 mi	11, The Hermitage, Chester Le Street, County Durham DH2 3RG	£2,283	82	2	Flat
£91K	08/22	0.68 mi	43, Bowmont Walk, Chester Le Street, County Durham DH2 3JA	£1,717	53	2	Flat
£60K	07/23	0.69 mi	2, Thropton Close, Chester Le Street, County Durham DH2 3HW	£1,071	56	2	Flat
£85K	01/23	0.69 mi	4, Thropton Close, Chester Le Street, County Durham DH2 3HW	£1,518	56	2	Flat
£85K	05/21	0.7 mi	18, Redesdale Road, Chester Le Street, Durham DH2 3HS	£1,667	51	2	Flat
£59K	11/20	0.7 mi	22, Redesdale Road, Chester Le Street, County Durham DH2 3HS	£1,157	51	2	Flat
£95K	10/22	0.7 mi	21, Barford Drive, Chester Le Street, County Durham DH2 3HR	£1,939	49	2	Flat
£75K	06/23	0.73 mi	32, Bowmont Walk, Chester Le Street, County Durham DH2 3JB	£1,427	53	2	Flat
£81.8K	12/20	0.73 mi	7, Bowmont Walk, Chester Le Street, Durham DH2 3JA	£1,572	52	2	Flat
£85K	11/22	0.73 mi	27, Bowmont Walk, Chester Le Street, County Durham DH2 3JA	£1,532	55	2	Flat
£85K	03/21	0.74 mi	39, Glanton Close, Chester Le Street, Durham DH2 3SW	£1,635	52	2	Flat
£82K	08/22	0.76 mi	38, Glanton Close, Chester Le Street, County Durham DH2 3SW	-	-	2	Flat
£63.5K	05/23	0.81 mi	59, Redesdale Road, Chester Le Street, County Durham DH2 3JG	-	-	2	Flat
£75K	04/21	0.83 mi	35, Redesdale Road, Chester Le Street, County Durham DH2 3HT	£1,389	54	2	Flat
£67.5K	05/21	0.86 mi	50, Norton Close, Chester Le Street, Durham DH2 3JF	£1,298	52	2	Flat
£93.5K	06/22	0.97 mi	102, Highfield Rise, Chester Le Street, County Durham DH3 3UY	£1,640	57	2	Flat
£90K	07/23	0.97 mi	120, Highfield Rise, Chester Le Street, County Durham DH3 3UY	£1,765	51	2	Flat
£94.5K	11/22	0.97 mi	106, Highfield Rise, Chester Le Street, County Durham DH3 3UY	£1,658	57	2	Flat
£90K	09/21	0.99 mi	149, Elmway, Chester Le Street, Durham DH2 2LG	£1,698	53	2	Flat
£83.5K	07/23	0.99 mi	153, Elmway, Chester Le Street, County Durham DH2 2LG	£1,575	53	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£725	09/23	0.02 mi	-	2	Flat
£595	12/24	0.05 mi	Robertson Court, Chester Le Street, Durham, DH3	2	Flat
£650	12/24	0.08 mi	-	2	Terraced House
£625	04/25	0.11 mi	-	2	Terraced House
£595	12/24	0.12 mi	Allen Street, Chester-le-Street, County Durham	2	Terraced House
£450	12/24	0.14 mi	Poplar Street, Chester Le Street, Durham, DH3	2	Terraced House
£750	12/24	0.19 mi	Central Exchange, Chester le Street	2	Flat
£670	08/24	0.21 mi	-	2	Terraced House
£695	12/24	0.25 mi	Orchard Terrace, Chester Le Street, DH3	2	Terraced House
£595	12/24	0.27 mi	Jolliffe Street, Chester Le Street, Dh3	2	Flat
£650	04/25	0.27 mi	-	2	Flat
£625	12/24	0.28 mi	High Chare, Chester Le Street, County Durham, DH3	2	Flat
£1,275	06/24	0.36 mi	-	2	Flat
£650	12/24	0.4 mi	The Anchorage, Chester Le Street, County Durham, DH3	2	Flat
£675	12/24	0.42 mi	-	2	Terraced House
£675	12/24	0.59 mi	Prospect Street, Chester Le Street, County Durham	2	Terraced House

Local Area Statistics

Population in DH3	25,79725,797
Population in Chester-le-Street	56,37756,377
Town centre distance	0.58 miles away0.58 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.27 miles away0.27 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+13%+13%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-3%-3%

Property History

Listed for £104,995

October 4, 2024

Floor Plans

Description

Stunning Two-Bedroom Ground Floor Apartment in Robertson Court, Chester Le Street Discover your dream home in this beautifully decorated two-bedroom ground floor apartment, perfect for first-time buyers.

Located in the heart of Chester Le Street, this residence features modern light décor throughout, creating an inviting atmosphere. The floorplan briefly compromises of an entrance hallway, kitchen, lounge, two double bedrooms one with an ensuite bathroom and a main bathroom.

Hallway
As you step inside, you'll be greeted by a spacious entrance hallway adorned with neutral tones and stylish wood effect flooring, complete with two convenient storage cupboards.

Kitchen
The beautifully presented kitchen that boasts an array of wall and base units, complemented by worktop surfaces. Equipped with an integrated oven, a four-burner gas hob, an extractor hood, and a charming breakfast bar.

Lounge
The cosy open-plan lounge invites relaxation, featuring neutral walls and wood effect flooring, enhanced by two double-glazed windows that fill the space with natural light.

Master Bedroom
The master bedroom, elegantly decorated in soothing neutral tones and featuring plush fitted carpet. Enjoy the convenience of a built-in wardrobe and a master ensuite bathroom.

Ensuite Bathroom
Spacious walk-in shower, hand basin, and WC. Benefitting from modern decoration.

Bedroom Two
The second bedroom offers a tranquil escape with its modern panelling, fitted carpet, and built-in wardrobe, making it perfect for a second bedroom or as a home office.

Bathroom
The modern bathroom, featuring stylish partially tiled walls that add a touch of sophistication. Compromising of a bath, hand basin with fitted cupboards and a WC.

Ideally situated in the centre of Chester Le Street, this apartment is just a stone's throw away from local amenities, delightful eateries, and picturesque riverside walks.

Don't miss the opportunity to make this charming apartment your new home!