2 Bed Terraced House, Single Let, Chester-le-Street, DH3 3EN, £65,000

Tuart Street, Chester Le Street, Durham, DH3 3EN - 2 views - 3 months ago

Sold STC

BTL

ROI: 16%

~68 m²

+6 photos

ValuationUndervalued

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

Square Metres	~68.11 m²
Price/m²	£954/m²
Value Estimate	£79,950£79,950
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£16,250£16,250
Stamp Duty & Legal Fees	£3,150£3,150
Total Cash In	£19,400£19,400

Cash Out
Rent Range	£450 - £1,275£450 - £1,275
Rent Estimate	£595
Running Costs/mo	£342£342
Cashflow/mo	£253£253
Cashflow/yr	£3,035£3,035
ROI	16%16%
Gross Yield	11%11%

Local Sold Prices

50 sold prices from £50K to £220K, average is £90K. £737/m² to £3.2K/m², average is £1.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£70K	10/20	0.03 mi	9, Tuart Street, Chester Le Street, Durham DH3 3EN	£737	95	2	Terraced House
£77K	01/21	0.03 mi	23, Tuart Street, Chester Le Street, Durham DH3 3EN	-	-	2	Terraced House
£85K	11/21	0.11 mi	1, Cooperative Street, Chester Le Street, Durham DH3 3EX	-	-	2	Terraced House
£63K	10/20	0.12 mi	12, Murray Road, Chester Le Street, County Durham DH2 2AT	-	-	2	Terraced House
£78.5K	10/21	0.13 mi	21, Station View, Chester Le Street, County Durham DH2 2DF	£1,189	66	2	Terraced House
£60K	02/21	0.15 mi	6, Elm Street, Chester Le Street, County Durham DH3 3EA	£913	66	2	Terraced House
£80K	10/20	0.15 mi	18, Elm Street, Chester Le Street, County Durham DH3 3EA	£1,311	61	2	Terraced House
£69K	05/21	0.15 mi	14, Elm Street, Chester Le Street, County Durham DH3 3EA	£1,045	66	2	Terraced House
£75K	02/21	0.2 mi	15, Prospect Street, Chester Le Street, Durham DH3 3TQ	£1,103	68	2	Terraced House
£58K	06/21	0.23 mi	23, Victor Street, Chester Le Street, Durham DH3 3DP	£951	61	2	Terraced House
£50K	05/23	0.23 mi	10, Victor Street, Chester Le Street, County Durham DH3 3DP	-	-	2	Terraced House
£68K	08/21	0.24 mi	17, Pine Street, Chester Le Street, County Durham DH3 3DW	-	-	2	Terraced House
£98K	04/23	0.24 mi	9, Clarence Terrace, Chester Le Street, County Durham DH3 3DG	£852	115	2	Semi-Detached House
£77K	12/20	0.24 mi	5, Prospect Terrace, Chester Le Street, Durham DH3 3TN	£768	100	2	Terraced House
£99K	06/23	0.25 mi	20, The Anchorage, Chester Le Street, County Durham DH3 3QW	£2,078	48	2	Terraced House
£65K	01/23	0.25 mi	6, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL	-	-	2	Terraced House
£195K	11/20	0.27 mi	20, Elvet Green, Chester Le Street, County Durham DH2 2ER	£3,197	61	2	Detached House
£93K	12/20	0.27 mi	1, Cone Terrace, Chester Le Street, Durham DH3 3QH	£1,208	77	2	Terraced House
£132.5K	12/22	0.28 mi	20, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ	£1,893	70	2	Semi-Detached House
£116K	12/22	0.28 mi	21, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ	-	-	2	Semi-Detached House
£74K	03/21	0.29 mi	34, The Avenue, Chester Le Street, Durham DH2 2DB	£937	79	2	Semi-Detached House
£119K	06/23	0.29 mi	18, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ	£1,751	68	2	Semi-Detached House
£125K	10/21	0.3 mi	1, Castle Riggs, Chester Le Street, Durham DH2 2DL	£2,119	59	2	Terraced House
£148K	12/22	0.31 mi	20, Hopgarth Gardens, Chester Le Street, County Durham DH3 3RJ	-	-	2	Terraced House
£115K	06/23	0.32 mi	8, Picktree Cottages, Chester Le Street, County Durham DH3 3RP	-	-	2	Semi-Detached House
£65K	01/21	0.33 mi	6, Adelaide Street, Chester Le Street, County Durham DH3 3HY	£1,000	65	2	Terraced House
£79K	11/20	0.33 mi	5, Hemel Street, Chester Le Street, Durham DH3 3HP	£1,162	68	2	Terraced House
£145K	10/20	0.36 mi	24, St Cuthberts Avenue, Chester Le Street, County Durham DH3 3PS	£2,843	51	2	Semi-Detached House
£170K	02/21	0.36 mi	34, St Cuthberts Avenue, Chester Le Street, Durham DH3 3PS	-	-	2	Semi-Detached House
£220K	10/22	0.36 mi	3, St Cuthberts Avenue, Chester Le Street, County Durham DH3 3PS	£2,933	75	2	Semi-Detached House
£116K	11/20	0.36 mi	21, Ashton Rise, Chester Le Street, Durham DH2 2JA	£1,966	59	2	Semi-Detached House
£131K	11/20	0.36 mi	3, Ashton Rise, Chester Le Street, Durham DH2 2JA	£2,079	63	2	Semi-Detached House
£114K	02/21	0.36 mi	27, South Street, Chester Le Street, County Durham DH2 2JG	£1,425	80	2	Semi-Detached House
£82K	05/23	0.36 mi	11, South Street, Chester Le Street, County Durham DH2 2JG	£1,577	52	2	Semi-Detached House
£81K	03/21	0.36 mi	11, Ernest Terrace, Chester Le Street, Durham DH3 3HR	£1,157	70	2	Terraced House
£125K	10/21	0.38 mi	4, Glen Barr, Chester Le Street, Durham DH2 2JN	-	-	2	Semi-Detached House
£90K	09/21	0.41 mi	3, Glenavon Avenue, Chester Le Street, Durham DH2 2JL	£1,343	67	2	Semi-Detached House
£75K	04/23	0.41 mi	2a, Glenavon Avenue, Chester Le Street, County Durham DH2 2JL	£1,119	67	2	Terraced House
£90K	02/23	0.47 mi	5, Gray Avenue, Chester Le Street, County Durham DH2 2EL	£1,098	82	2	Terraced House
£85K	03/23	0.47 mi	22, Gray Avenue, Chester Le Street, County Durham DH2 2EL	£1,164	73	2	Terraced House
£91.5K	05/23	0.48 mi	20, Lambton Street, Chester Le Street, County Durham DH3 3NH	-	-	2	Terraced House
£162.5K	06/21	0.48 mi	125, Hilda Park, Chester Le Street, County Durham DH2 2JS	£2,462	66	2	Semi-Detached House
£136.5K	02/21	0.48 mi	137, Hilda Park, Chester Le Street, Durham DH2 2JS	£2,275	60	2	Semi-Detached House
£90K	02/23	0.49 mi	16, Baden Street, Chester Le Street, County Durham DH3 3JQ	£1,252	72	2	Terraced House
£83.5K	12/22	0.49 mi	15, Baden Street, Chester Le Street, County Durham DH3 3JQ	£1,128	74	2	Terraced House
£75K	03/23	0.49 mi	8, Baden Street, Chester Le Street, County Durham DH3 3JQ	£1,442	52	2	Terraced House
£90K	03/23	0.49 mi	19, Conyers Road, Chester Le Street, County Durham DH2 2HD	£1,363	66	2	Terraced House
£77K	01/21	0.49 mi	26, Gray Avenue, Chester Le Street, Durham DH2 2EL	£1,167	66	2	Terraced House
£149.9K	11/21	0.5 mi	28, Tudor Road, Chester Le Street, County Durham DH3 3RY	£2,499	60	2	Semi-Detached House
£125K	05/21	0.5 mi	32, Tudor Road, Chester Le Street, Durham DH3 3RY	£1,953	64	2	Semi-Detached House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£675	12/24	0.04 mi	-	2	Terraced House
£670	08/24	0.18 mi	-	2	Terraced House
£750	12/24	0.22 mi	Central Exchange, Chester le Street	2	Flat
£625	12/24	0.22 mi	High Chare, Chester Le Street, County Durham, DH3	2	Flat
£1,275	06/24	0.22 mi	-	2	Flat
£675	12/24	0.23 mi	Prospect Street, Chester Le Street, County Durham	2	Terraced House
£650	03/25	0.23 mi	-	2	Flat
£450	12/24	0.24 mi	Poplar Street, Chester Le Street, Durham, DH3	2	Terraced House
£650	12/24	0.27 mi	The Anchorage, Chester Le Street, County Durham, DH3	2	Flat
£650	12/24	0.3 mi	-	2	Terraced House
£750	12/24	0.38 mi	-	2	Flat
£725	09/23	0.39 mi	-	2	Flat
£595	12/24	0.43 mi	Robertson Court, Chester Le Street, Durham, DH3	2	Flat
£625	03/25	0.49 mi	-	2	Terraced House
£595	12/24	0.5 mi	Allen Street, Chester-le-Street, County Durham	2	Terraced House
£625	12/24	0.55 mi	Pelaw Crescent, Chester Le Street, County Durham, DH2	2	Terraced House
£650	12/24	0.56 mi	Highfield Rise, Chester Le Street, Dh3	2	Flat
£700	11/24	0.61 mi	-	2	Flat

Local Area Statistics

Population in DH3	25,79725,797
Population in Chester-le-Street	56,37756,377
Town centre distance	0.28 miles away0.28 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.12 miles away0.12 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 £65,000

January 6, 2025

Sold for £32,500

2000

Floor Plans

Description

South East facing rear yard +
Parking bay +
Two reception rooms +
Downstairs W/C in addition to upstairs bathroom +
NO ONWARD CHAIN! +

Pattinson Stanley are delighted to offer for sale with NO ONWARD CHAIN, this charming two-bedroom mid-terrace house, located in the heart of Chester-Le-Street. Perfectly suited for first-time buyers or buy-to-let investors, this well-presented home offers both comfort and convenience.

Property Features:

Spacious Layout: The property benefits from a welcoming entrance hallway that leads to a generous open-plan living and dining room, ideal for modern living and entertaining.
Fully Fitted Kitchen & Downstairs W/C: A well-equipped kitchen with ample storage space is accessed through the dining area, alongside a convenient downstairs W/C for added practicality.
Two Large Double Bedrooms: On the first floor, you’ll find two generously sized double bedrooms, both offering excellent storage solutions, creating the perfect retreat after a long day.
Family Bathroom: A well-appointed family bathroom with an over-bath shower completes the upstairs layout, offering both functionality and comfort.
Location: Situated just a short walk from Chester-le-Street town centre, this property enjoys easy access to a wide range of local amenities, including shops, schools, and recreational facilities. Whether you’re enjoying a quiet day or taking advantage of nearby conveniences, everything you need is within reach.

Commuter-Friendly: Chester-le-Street is ideally placed for commuters, with excellent transport links to surrounding areas. Major road routes such as the A167, A1(M), A183, and A693 provide easy access to Durham City, Gateshead, Newcastle upon Tyne, and Sunderland. Additionally, the town’s railway station, located on the main East Coast line, offers quick connections to both London and Edinburgh, making it an excellent base for travel.

Summary: With its spacious rooms, excellent storage options, and prime location, this delightful property offers exceptional value for first-time buyers, families, or investors. Viewing is highly recommended to fully appreciate all it has to offer.

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Stanley

01207 268924

Next Steps?

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2 Bed Terraced House, Single Let, Chester-le-Street, DH3 3EN, £65,000

ValuationUndervalued

CashflowsOpen in Analyser

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Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents