3 Bed Terraced House, Single Let, Chester-le-Street, DH3 3JJ, £100,000

Benson Street, Chester-le-Street, Durham, DH3 3JJ - 1 views - 3 months ago

BTL
ROI: 8%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£74K - £288.3K
Sold Prices/m²£783/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£123,901
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£595 - £3,300

Rent Estimate

£683

Running Costs/mo

£469

Cashflow/mo

£214

Cashflow/yr

£2,567

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £74K to £288.3K, average is £120K. £783/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£125K10/210.02 mi5, Clifford Terrace, Chester Le Street, Durham DH3 3JL3
£110K02/230.06 mi28, Melville Street, Chester Le Street, County Durham DH3 3JF3
£117.5K07/230.07 mi16, Melville Street, Chester Le Street, County Durham DH3 3JF3
£90K12/210.07 mi19, Melville Street, Chester Le Street, County Durham DH3 3JF3
£90K11/200.09 mi13, Ripon Street, Chester Le Street, County Durham DH3 3JR3
£227.5K10/210.1 mi25, Red Rose Terrace, Chester Le Street, County Durham DH3 3LN3
£175K11/220.11 mi2, Orchard Terrace, Chester Le Street, County Durham DH3 3JU3
£95K10/200.13 mi10, Weldon Terrace, Chester Le Street, Durham DH3 3NG3
£172.5K07/230.13 mi39, York Terrace, Chester Le Street, County Durham DH3 3NA3
£158K12/200.15 mi7, Lumley Terrace, Chester Le Street, County Durham DH3 3NQ3
£115K12/220.16 mi4, Ernest Terrace, Chester Le Street, County Durham DH3 3HR3
£192.5K02/230.16 mi5, Lumley Terrace, Chester Le Street, County Durham DH3 3NQ3
£134K12/210.17 mi11, Lambton Street, Chester Le Street, Durham DH3 3NH3
£98K03/210.17 mi30, Lambton Street, Chester Le Street, Durham DH3 3NH3
£139K07/210.17 mi47, Lambton Street, Chester Le Street, Durham DH3 3NH3
£128K09/210.17 mi45, Lambton Street, Chester Le Street, Durham DH3 3NH3
£120K04/230.17 mi21, Lambton Street, Chester Le Street, County Durham DH3 3NH3
£137.5K11/210.17 mi42, Moorfoot Avenue, Chester Le Street, County Durham DH2 3AJ3
£148K04/210.2 mi6, Buttermere Close, Chester Le Street, County Durham DH2 3DN3
£114K12/210.2 mi36, Cumbrian Avenue, Chester Le Street, Durham DH2 3AR3
£135K06/210.2 mi25, West Lane, Chester Le Street, Durham DH3 3HL3
£119K05/210.22 mi36, Mendip Avenue, Chester Le Street, Durham DH2 3AT3
£94K03/210.22 mi38, Mendip Avenue, Chester Le Street, County Durham DH2 3AT3
£138.8K08/210.23 mi11, Hawes Avenue, Chester Le Street, County Durham DH2 3DX3
£232.5K06/210.24 mi5, Park Road South, Chester Le Street, Durham DH3 3LT3
£115K10/220.25 mi9, Katrine Close, Chester Le Street, County Durham DH2 3EF3
£120K06/210.25 mi27, Pennine Avenue, Chester Le Street, County Durham DH2 3AX3
£138K10/210.26 mi10, Mendip Avenue, Chester Le Street, County Durham DH2 3AS3
£96K11/220.26 mi11, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL3
£189K01/210.28 mi12, Elvet Green, Chester Le Street, Durham DH2 2ER3
£74K03/230.3 mi11, Poplar Street, Chester Le Street, County Durham DH3 3DN3
£110K11/220.31 mi7, Grampian Avenue, Chester Le Street, County Durham DH2 3AY3
£157K06/210.32 mi23, Avondale Terrace, Chester Le Street, County Durham DH3 3ED3
£125K11/220.33 mi21, Lancaster Terrace, Chester Le Street, County Durham DH3 3NW3
£189.9K12/200.35 mi87, Rydal Road, Chester Le Street, County Durham DH2 3DS3
£288.3K04/230.35 mi32, Caragh Road, Chester Le Street, County Durham DH2 3EA3
£120K08/210.36 mi21, Cleveland Avenue, Chester Le Street, Durham DH2 3BB3
£114K03/230.37 mi22, Cleveland Avenue, Chester Le Street, County Durham DH2 3BA3
£260K11/200.38 mi26, Eardulph Avenue, Chester Le Street, County Durham DH3 3PR3
£125K12/200.38 mi53, Chiltern Avenue, Chester Le Street, Durham DH2 3BE3
£232.5K09/210.39 mi11, Castle Riggs, Chester Le Street, Durham DH2 2DL3
£176.9K12/200.41 mi8, Strangford Avenue, Chester Le Street, County Durham DH2 3EX3
£105K06/210.42 mi18, Chiltern Avenue, Chester Le Street, County Durham DH2 3BD3
£120K07/210.42 mi13, Chiltern Avenue, Chester Le Street, Durham DH2 3BD3
£95K01/230.43 mi24, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£105K01/230.43 mi37, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£95K05/210.44 mi60, Hambledon Avenue, Chester Le Street, County Durham DH2 3BQ3
£117K11/210.44 mi52, Hambledon Avenue, Chester Le Street, Durham DH2 3BQ3
£108K05/210.45 mi14, Hambledon Avenue, Chester Le Street, County Durham DH2 3BG3
£80K08/230.47 mi33, Bullion Lane, Chester Le Street, County Durham DH2 2DP3

Local Rents

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

RentDateDistanceAddressBeds 
£80006/240.06 mi-3
£82002/250.19 mi-3
£3,30003/250.26 mi-3
£70002/240.38 mi-3
£99512/240.47 mi-3
£99512/240.47 miSecond Avenue, Chester Le Street, DH23
£1,05012/240.5 mi-3
£59512/240.59 miCooperative Street, Chester Le Street3
£67512/240.6 mi-3
£70012/240.63 miChatton Close, Chester Le Street3
£82501/250.66 mi-3
£69512/240.72 miProspect Terrace, Chester Le Street3
£70012/240.73 mi-3
£67512/240.76 miWynyard, Chester Le Street, Durham, DH23
£80012/240.81 mi-3
£85012/240.87 mi-3
£80004/250.89 mi-3
£80012/240.9 mi-3
£1,12503/251.01 mi-3
£82512/241.05 miHighfield Rise, Chester Le Street, Co Durham, DH33

Local Area Statistics

Population in DH3

25,797

Population in Chester-le-Street

56,377

Town centre distance

0.70 miles away

Nearest school

0.20 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Listed for £100,000

January 16, 2025

Description

  • Three Bedrooms +
  • Close to Local Amenities +

Pattinson Estate Agents are pleased to bring to the market For Sale, this well appointed three bedroom terraced home in the popular residential estate of Benson Street, Chester-le-Street.

The property briefly comprises an entrance hall, lounge, kitchen, and utility room. The First Floor accommodation comprises three bedrooms and a family bathroom. Externally there is an enclosed private rear garden and parking to the front for two vehicles.

This property is in an idyllic setting situated very close to local amenities, including local shops, restaurants, library and excellent schools.

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.

For more information, or to arrange a viewing please contact our Washington branch

Council Tax Band: A
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Washington

0191 625 0857

Next Steps?

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