3 Bed Terraced House, Single Let, Chester-le-Street, DH2 2HA, £92,500

Pelaw Square, Chester Le Street, Durham, DH2 2HA - 5 months ago

BTL

ROI: 10%

~93 m²

+4 photos

ValuationUndervalued

Sold Prices	£70K - £450K
Sold Prices/m²	£941/m² - £3K/m²

Square Metres	~93 m²
Price/m²	£995/m²
Value Estimate	£114,700£114,700
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£23,125£23,125
Stamp Duty & Legal Fees	£5,825£5,825
Total Cash In	£28,950£28,950

Cash Out
Rent Range	£595 - £3,300£595 - £3,300
Rent Estimate	£675
Running Costs/mo	£444£444
Cashflow/mo	£231£231
Cashflow/yr	£2,771£2,771
ROI	10%10%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £70K to £450K, average is £140.3K. £941/m² to £3K/m², average is £1.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£150K	07/23	0.03 mi	12, Conyers Road, Chester Le Street, County Durham DH2 2HD	£1,579	95	3	Semi-Detached House
£84K	01/21	0.06 mi	15, Pelaw Square, Chester Le Street, County Durham DH2 2HB	£1,159	72	3	Semi-Detached House
£70K	11/20	0.06 mi	47, Pelaw Square, Chester Le Street, County Durham DH2 2HB	£972	72	3	Semi-Detached House
£115K	04/21	0.09 mi	48, Conyers Road, Chester Le Street, County Durham DH2 2HE	£1,307	88	3	Semi-Detached House
£86K	01/21	0.11 mi	33, Pelaw Avenue, Chester Le Street, Durham DH2 2HJ	£1,000	86	3	Semi-Detached House
£77K	10/20	0.11 mi	36, Pelaw Crescent, Chester Le Street, Durham DH2 2HU	£1,069	72	3	Terraced House
£195K	10/21	0.14 mi	36, Highfield Rise, Chester Le Street, Durham DH3 3UX	£2,016	97	3	Semi-Detached House
£220K	02/21	0.14 mi	28, Highfield Rise, Chester Le Street, Durham DH3 3UX	£3,014	73	3	Detached House
£126.5K	01/21	0.14 mi	68, Highfield Rise, Chester Le Street, Durham DH3 3UX	£1,757	72	3	Terraced House
£162K	02/23	0.14 mi	46, Highfield Rise, Chester Le Street, County Durham DH3 3UX	-	-	3	Semi-Detached House
£145K	04/23	0.14 mi	14, Conyers Gardens, Chester Le Street, County Durham DH2 2HW	£1,667	87	3	Semi-Detached House
£136K	10/21	0.15 mi	33, Park View, Chester Le Street, County Durham DH2 2JW	£1,320	103	3	Terraced House
£115K	02/23	0.15 mi	35, Park View, Chester Le Street, County Durham DH2 2JW	£1,343	86	3	Terraced House
£90K	02/21	0.15 mi	35, Park View, Chester Le Street, County Durham DH2 2JW	£1,051	86	3	Terraced House
£105K	12/20	0.15 mi	41, South Street, Chester Le Street, County Durham DH2 2JG	£1,250	84	3	Semi-Detached House
£105K	02/21	0.15 mi	30, South Street, Chester Le Street, Durham DH2 2JG	£1,313	80	3	Terraced House
£145K	07/21	0.18 mi	38, Conyers Avenue, Chester Le Street, Durham DH2 2HH	-	-	3	Semi-Detached House
£113K	02/23	0.19 mi	74, Pelaw Road, Chester Le Street, County Durham DH2 2HG	-	-	3	Semi-Detached House
£116K	03/23	0.2 mi	20, Glenroy Gardens, Chester Le Street, County Durham DH2 2JH	-	-	3	Semi-Detached House
£217K	12/22	0.21 mi	138, Highfield Rise, Chester Le Street, County Durham DH3 3UY	£1,528	142	3	Terraced House
£100K	06/23	0.22 mi	41, Northlands, Chester Le Street, County Durham DH3 3UN	-	-	3	Semi-Detached House
£125K	07/21	0.22 mi	1, Northlands, Chester Le Street, County Durham DH3 3UN	-	-	3	Semi-Detached House
£240K	04/21	0.22 mi	4, Springfield Gardens, Chester Le Street, County Durham DH3 3UQ	£1,818	132	3	Semi-Detached House
£100K	11/20	0.24 mi	35, Northlands, Chester Le Street, County Durham DH3 3UN	£1,124	89	3	Terraced House
£104K	03/21	0.24 mi	47, Northlands, Chester Le Street, Durham DH3 3UN	£1,224	85	3	Semi-Detached House
£127K	03/23	0.25 mi	76, Pelaw Crescent, Chester Le Street, County Durham DH2 2HX	£1,351	94	3	Semi-Detached House
£150K	05/21	0.25 mi	107, Hilda Park, Chester Le Street, County Durham DH2 2JS	£1,636	92	3	Semi-Detached House
£147.5K	01/23	0.27 mi	2, Beechwoods, Chester Le Street, County Durham DH2 2HR	£1,553	95	3	Semi-Detached House
£275K	11/20	0.28 mi	37, Newcastle Road, Chester Le Street, County Durham DH3 3TZ	£2,750	100	3	Detached House
£92K	01/23	0.3 mi	9, Prospect Terrace, Chester Le Street, County Durham DH3 3TN	£1,000	92	3	Terraced House
£380K	12/22	0.31 mi	127, Park Road North, Chester Le Street, County Durham DH3 3SB	£2,857	133	3	Detached House
£172K	05/21	0.31 mi	144, Elmway, Chester Le Street, County Durham DH2 2LQ	£2,000	86	3	Semi-Detached House
£201K	06/21	0.31 mi	26, Tudor Road, Chester Le Street, Durham DH3 3RY	£1,914	105	3	Semi-Detached House
£189K	11/21	0.32 mi	17, Broadway, Chester Le Street, Durham DH3 3RT	-	-	3	Semi-Detached House
£144.5K	04/21	0.33 mi	29, Atkinson Road, Chester Le Street, Durham DH3 3RU	£1,953	74	3	Semi-Detached House
£249K	10/20	0.37 mi	196, Hilda Park, Chester Le Street, County Durham DH2 2JX	£2,736	91	3	Detached House
£250K	02/21	0.37 mi	118, Hilda Park, Chester Le Street, County Durham DH2 2JX	£2,294	109	3	Detached House
£80K	07/21	0.37 mi	17, Lilac Grove, Chester Le Street, County Durham DH2 2LR	£941	85	3	Terraced House
£240K	01/21	0.39 mi	2, Sycamores, Chester Le Street, County Durham DH2 2LW	£2,474	97	3	Detached House
£90K	03/21	0.4 mi	31, Twelfth Avenue, Chester Le Street, Durham DH2 2BW	£1,000	90	3	Semi-Detached House
£90K	08/23	0.4 mi	19, Twelfth Avenue, Chester Le Street, County Durham DH2 2BW	£999	90	3	Semi-Detached House
£189K	03/23	0.4 mi	5, Oaklea, Chester Le Street, County Durham DH2 2LA	-	-	3	Semi-Detached House
£375K	06/21	0.42 mi	58, Park Road North, Chester Le Street, Durham DH3 3SD	-	-	3	Detached House
£233K	10/21	0.42 mi	18, North Road, Chester Le Street, County Durham DH3 4AH	-	-	3	Semi-Detached House
£245K	01/21	0.42 mi	8, North Road, Chester Le Street, Durham DH3 4AH	£2,269	108	3	Semi-Detached House
£450K	12/20	0.43 mi	27, Blind Lane, Chester Le Street, County Durham DH3 4AF	£2,514	179	3	Detached House
£160K	03/21	0.44 mi	3, Picktree Terrace, Chester Le Street, Durham DH3 3ST	-	-	3	Terraced House
£88K	08/21	0.44 mi	23, Seventh Avenue, Chester Le Street, County Durham DH2 2BP	-	-	3	Semi-Detached House
£132K	03/21	0.45 mi	10, Maplewood, Chester Le Street, County Durham DH2 2LB	-	-	3	Semi-Detached House
£110K	02/21	0.46 mi	20, Alpine Court, Chester Le Street, Durham DH2 2UE	£1,375	80	3	Semi-Detached House

Local Rents

21 rents from £595/mo to £3.3K/mo, average is £800/mo.

Rent	Date	Distance	Address	Beds	Type
£825	12/24	0.12 mi	Highfield Rise, Chester Le Street, Co Durham, DH3	3	Detached House
£695	12/24	0.32 mi	Prospect Terrace, Chester Le Street	3	Terraced House
£1,125	03/25	0.35 mi	-	3	Semi-Detached House
£595	12/24	0.45 mi	Cooperative Street, Chester Le Street	3	Terraced House
£675	12/24	0.49 mi	-	3	Semi-Detached House
£800	12/24	0.54 mi	-	3	Terraced House
£800	04/25	0.56 mi	-	3	Terraced House
£1,050	12/24	0.65 mi	-	3	Terraced House
£800	12/24	0.66 mi	-	3	Terraced House
£3,300	03/25	0.74 mi	-	3	Terraced House
£675	12/24	0.75 mi	Wynyard, Chester Le Street, Durham, DH2	3	Detached House
£850	12/24	0.75 mi	-	3	Terraced House
£825	01/25	0.8 mi	-	3	Terraced House
£995	12/24	0.86 mi	-	3	Terraced House
£995	12/24	0.86 mi	Second Avenue, Chester Le Street, DH2	3	Terraced House
£820	02/25	0.93 mi	-	3	Terraced House
£700	02/24	0.97 mi	-	3	Terraced House
£800	06/24	1 mi	-	3	Terraced House
£1,250	12/24	1.06 mi	Brackenbeds Close, Pelton, Chester Le Street	3	Flat
£700	12/24	1.16 mi	-	3	Terraced House
£700	12/24	1.22 mi	Chatton Close, Chester Le Street	3	Detached House

Local Area Statistics

Population in DH2	30,57930,579
Population in Chester-le-Street	56,37756,377
Town centre distance	0.44 miles away0.44 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.61 miles away0.61 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	-9%-9%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+12%+12%

Property History

Price changed to £92,500

January 31, 2025

Listed for £95,000

November 5, 2024

Floor Plans

Description

Three Bedroom End Terraced Property +
Vacant Possession +
Large Garden +
Council Tax - A +
EPC - D +
Approx. 73sqm/768sqft Accommodation +

Presented to the market with vacant possession and no vendor chain, this spacious three bedroom end terraced home boasts a large front garden. Ideally positioned with access to highly regarded local schooling, this is an ideal first time purchase with the option to truly put your own stamp on it.

To the front elevation, a gated pathway leads to the front entrance door with a large lawn bordered with hedge boundaries.

Internally, a spacious living room leads into the breakfast kitchen. This room features a range of storage units and leads through to the rear hallways and into the three piece family bathroom.

To the first floor, three spacious bedrooms are available.

The rear yard is low maintenance.

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 most cases.

QCT240447/2

Agent Details

YOUR MOVE Chris Stonock, Chester Le Street

0191 625 0230

Next Steps?

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3 Bed Terraced House, Single Let, Chester-le-Street, DH2 2HA, £92,500

ValuationUndervalued

CashflowsOpen in Analyser

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

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Cashflows

Local Sold Prices

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