2 Bed Semi-Detached House, Single Let, Chester-le-Street, DH2 2DB, £125,000

The Avenue, Chester Le Street, Durham, DH2 2DB - 2 views - 5 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£50K - £257.5K
Sold Prices/m²£768/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£86,173

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£450 - £1,275

Rent Estimate

£595

Running Costs/mo

£530

Cashflow/mo

£65

Cashflow/yr

£785

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £50K to £257.5K, average is £91.5K. £768/m² to £3.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£74K03/210.01 mi34, The Avenue, Chester Le Street, Durham DH2 2DB2
£78.5K10/210.22 mi21, Station View, Chester Le Street, County Durham DH2 2DF2
£125K10/210.24 mi1, Castle Riggs, Chester Le Street, Durham DH2 2DL2
£100K11/220.24 mi166, Wynyard, Chester Le Street, County Durham DH2 2TQ2
£77K01/210.29 mi23, Tuart Street, Chester Le Street, Durham DH3 3EN2
£132.5K12/220.33 mi20, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£125K10/210.33 mi4, Glen Barr, Chester Le Street, Durham DH2 2JN2
£195K11/200.34 mi20, Elvet Green, Chester Le Street, County Durham DH2 2ER2
£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
£60K02/210.35 mi6, Elm Street, Chester Le Street, County Durham DH3 3EA2
£69K05/210.35 mi14, Elm Street, Chester Le Street, County Durham DH3 3EA2
£116K12/220.35 mi21, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£90K09/210.36 mi3, Glenavon Avenue, Chester Le Street, Durham DH2 2JL2
£75K04/230.36 mi2a, Glenavon Avenue, Chester Le Street, County Durham DH2 2JL2
£116K11/200.36 mi21, Ashton Rise, Chester Le Street, Durham DH2 2JA2
£131K11/200.36 mi3, Ashton Rise, Chester Le Street, Durham DH2 2JA2
£77K01/210.36 mi26, Gray Avenue, Chester Le Street, Durham DH2 2EL2
£119K06/230.37 mi18, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£65K01/230.37 mi6, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL2
£85K11/210.38 mi1, Cooperative Street, Chester Le Street, Durham DH3 3EX2
£68K08/210.39 mi17, Pine Street, Chester Le Street, County Durham DH3 3DW2
£58K06/210.4 mi23, Victor Street, Chester Le Street, Durham DH3 3DP2
£50K05/230.4 mi10, Victor Street, Chester Le Street, County Durham DH3 3DP2
£162.5K06/210.4 mi125, Hilda Park, Chester Le Street, County Durham DH2 2JS2
£136.5K02/210.4 mi137, Hilda Park, Chester Le Street, Durham DH2 2JS2
£114K02/210.41 mi27, South Street, Chester Le Street, County Durham DH2 2JG2
£82K05/230.41 mi11, South Street, Chester Le Street, County Durham DH2 2JG2
£75K02/210.41 mi15, Prospect Street, Chester Le Street, Durham DH3 3TQ2
£98K04/230.42 mi9, Clarence Terrace, Chester Le Street, County Durham DH3 3DG2
£79K11/200.44 mi5, Hemel Street, Chester Le Street, Durham DH3 3HP2
£77K12/200.45 mi5, Prospect Terrace, Chester Le Street, Durham DH3 3TN2
£81K03/210.46 mi11, Ernest Terrace, Chester Le Street, Durham DH3 3HR2
£65K01/210.47 mi6, Adelaide Street, Chester Le Street, County Durham DH3 3HY2
£100K01/230.49 mi14, Park View, Chester Le Street, County Durham DH2 2JW2
£257.5K11/220.5 miThistledown, Pelton Fell Road, Chester Le Street, County Durham DH2 2NG2
£175.4K10/210.52 mi1, Willowvale, Chester Le Street, County Durham DH2 2LH2
£131K11/200.53 mi104, Auckland, Chester Le Street, Durham DH2 2TZ2
£150K02/230.53 mi104, Auckland, Chester Le Street, County Durham DH2 2TZ2
£99K06/230.54 mi20, The Anchorage, Chester Le Street, County Durham DH3 3QW2
£152.5K06/210.56 mi1, Katrine Close, Chester Le Street, County Durham DH2 3EF2
£93K12/200.56 mi1, Cone Terrace, Chester Le Street, Durham DH3 3QH2
£90K03/230.57 mi19, Conyers Road, Chester Le Street, County Durham DH2 2HD2
£127K12/200.57 mi147, Auckland, Chester Le Street, Durham DH2 2UA2
£160K12/220.58 mi35, Brantwood, Chester Le Street, County Durham DH2 2UJ2
£90K02/230.59 mi16, Baden Street, Chester Le Street, County Durham DH3 3JQ2
£148K12/220.59 mi20, Hopgarth Gardens, Chester Le Street, County Durham DH3 3RJ2
£115K06/230.59 mi8, Picktree Cottages, Chester Le Street, County Durham DH3 3RP2
£75K03/230.59 mi8, Baden Street, Chester Le Street, County Durham DH3 3JQ2
£78K03/230.59 mi16, Allen Street, Chester Le Street, County Durham DH3 3JG2

Local Rents

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

RentDateDistanceAddressBeds 
£67512/240.29 mi-2
£67008/240.37 mi-2
£45012/240.38 miPoplar Street, Chester Le Street, Durham, DH32
£75012/240.43 miCentral Exchange, Chester le Street2
£67512/240.44 miProspect Street, Chester Le Street, County Durham2
£65012/240.44 mi-2
£62512/240.48 miHigh Chare, Chester Le Street, County Durham, DH32
£65004/250.49 mi-2
£72509/230.49 mi-2
£1,27506/240.51 mi-2
£59512/240.53 miRobertson Court, Chester Le Street, Durham, DH32
£65012/240.55 miThe Anchorage, Chester Le Street, County Durham, DH32
£62512/240.55 miPelaw Crescent, Chester Le Street, County Durham, DH22
£62504/250.58 mi-2
£59512/240.59 miAllen Street, Chester-le-Street, County Durham2

Local Area Statistics

Population in DH2

30,579

Population in Chester-le-Street

56,377

Town centre distance

0.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £125,000

December 9, 2024

Sold for £62,050

2004

Floor Plans

Description

  • Two Bedroom Semi Detached Home +
  • Vacant Possession +
  • New Kitchen +
  • Council Tax - Band A +
  • EPC - C +
  • Approx. 80sqm./861sqft Accommodation +

Presented to the market with no vendor chair this two double bedroom semi detached property has a recently installed kitchen and benefits from a large rear garden. This property is positioned with access into Chester le Street Town centre and its range of amenities.

Two reception rooms are located to the front elevation with the living room stretching the full depth having dual aspect double glazed windows. The dining room then leads to the newly installed kitchen which features range of white wall base units topped with a complementary black work surface and further leads to the rear hall having under storage and access to the rear garden.

To the first floor, two very well proportioned double bedrooms with a larger of the two again having dual aspect double glazed windows as well as access to storage above the stairs. The bathroom features panelled bath with shower over and wash handbasin with a separate WC.

Externally a low maintenance front garden could be adapted to create off street parking (subject to planning) while shared access down the side leads to the enclosed rear garden being level and enclosed mainly on this fantastic size recreational garden is ideal for enjoying the summer months

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.

QCT240525/2

Agent Details

YOUR MOVE Chris Stonock, Chester Le Street

0191 625 0230

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪