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

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

Sold STC
BTL
ROI: 8%
~93 m²
+2 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

£124,756
BMV25%

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

£675

Running Costs/mo

£468

Cashflow/mo

£208

Cashflow/yr

£2,490

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 
£227.5K10/210.05 mi25, Red Rose Terrace, Chester Le Street, County Durham DH3 3LN3
£125K10/210.05 mi5, Clifford Terrace, Chester Le Street, Durham DH3 3JL3
£95K10/200.09 mi10, Weldon Terrace, Chester Le Street, Durham DH3 3NG3
£158K12/200.1 mi7, Lumley Terrace, Chester Le Street, County Durham DH3 3NQ3
£110K02/230.11 mi28, Melville Street, Chester Le Street, County Durham DH3 3JF3
£117.5K07/230.11 mi16, Melville Street, Chester Le Street, County Durham DH3 3JF3
£90K12/210.11 mi19, Melville Street, Chester Le Street, County Durham DH3 3JF3
£172.5K07/230.11 mi39, York Terrace, Chester Le Street, County Durham DH3 3NA3
£192.5K02/230.12 mi5, Lumley Terrace, Chester Le Street, County Durham DH3 3NQ3
£134K12/210.12 mi11, Lambton Street, Chester Le Street, Durham DH3 3NH3
£98K03/210.12 mi30, Lambton Street, Chester Le Street, Durham DH3 3NH3
£139K07/210.12 mi47, Lambton Street, Chester Le Street, Durham DH3 3NH3
£128K09/210.12 mi45, Lambton Street, Chester Le Street, Durham DH3 3NH3
£120K04/230.12 mi21, Lambton Street, Chester Le Street, County Durham DH3 3NH3
£90K11/200.14 mi13, Ripon Street, Chester Le Street, County Durham DH3 3JR3
£115K12/220.15 mi4, Ernest Terrace, Chester Le Street, County Durham DH3 3HR3
£175K11/220.16 mi2, Orchard Terrace, Chester Le Street, County Durham DH3 3JU3
£135K06/210.18 mi25, West Lane, Chester Le Street, Durham DH3 3HL3
£137.5K11/210.2 mi42, Moorfoot Avenue, Chester Le Street, County Durham DH2 3AJ3
£232.5K06/210.22 mi5, Park Road South, Chester Le Street, Durham DH3 3LT3
£114K12/210.23 mi36, Cumbrian Avenue, Chester Le Street, Durham DH2 3AR3
£148K04/210.24 mi6, Buttermere Close, Chester Le Street, County Durham DH2 3DN3
£96K11/220.25 mi11, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL3
£119K05/210.25 mi36, Mendip Avenue, Chester Le Street, Durham DH2 3AT3
£94K03/210.25 mi38, Mendip Avenue, Chester Le Street, County Durham DH2 3AT3
£138.8K08/210.28 mi11, Hawes Avenue, Chester Le Street, County Durham DH2 3DX3
£189K01/210.28 mi12, Elvet Green, Chester Le Street, Durham DH2 2ER3
£74K03/230.28 mi11, Poplar Street, Chester Le Street, County Durham DH3 3DN3
£125K11/220.29 mi21, Lancaster Terrace, Chester Le Street, County Durham DH3 3NW3
£138K10/210.29 mi10, Mendip Avenue, Chester Le Street, County Durham DH2 3AS3
£157K06/210.29 mi23, Avondale Terrace, Chester Le Street, County Durham DH3 3ED3
£120K06/210.29 mi27, Pennine Avenue, Chester Le Street, County Durham DH2 3AX3
£115K10/220.3 mi9, Katrine Close, Chester Le Street, County Durham DH2 3EF3
£260K11/200.33 mi26, Eardulph Avenue, Chester Le Street, County Durham DH3 3PR3
£110K11/220.34 mi7, Grampian Avenue, Chester Le Street, County Durham DH2 3AY3
£189.9K12/200.39 mi87, Rydal Road, Chester Le Street, County Durham DH2 3DS3
£288.3K04/230.4 mi32, Caragh Road, Chester Le Street, County Durham DH2 3EA3
£120K08/210.4 mi21, Cleveland Avenue, Chester Le Street, Durham DH2 3BB3
£232.5K09/210.4 mi11, Castle Riggs, Chester Le Street, Durham DH2 2DL3
£114K03/230.41 mi22, Cleveland Avenue, Chester Le Street, County Durham DH2 3BA3
£125K12/200.42 mi53, Chiltern Avenue, Chester Le Street, Durham DH2 3BE3
£176.9K12/200.45 mi8, Strangford Avenue, Chester Le Street, County Durham DH2 3EX3
£105K06/210.45 mi18, Chiltern Avenue, Chester Le Street, County Durham DH2 3BD3
£120K07/210.45 mi13, Chiltern Avenue, Chester Le Street, Durham DH2 3BD3
£105K01/230.45 mi37, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£95K01/230.45 mi24, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£80K08/230.47 mi33, Bullion Lane, Chester Le Street, County Durham DH2 2DP3
£95K05/210.48 mi60, Hambledon Avenue, Chester Le Street, County Durham DH2 3BQ3
£117K11/210.48 mi52, Hambledon Avenue, Chester Le Street, Durham DH2 3BQ3
£108K05/210.49 mi14, Hambledon Avenue, Chester Le Street, County Durham DH2 3BG3

Local Rents

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

RentDateDistanceAddressBeds 
£80006/240.11 mi-3
£82002/250.14 mi-3
£3,30003/250.24 mi-3
£70002/240.42 mi-3
£99512/240.49 mi-3
£99512/240.49 miSecond Avenue, Chester Le Street, DH23
£1,05012/240.5 mi-3
£59512/240.55 miCooperative Street, Chester Le Street3
£67512/240.59 mi-3
£82501/250.67 mi-3
£70012/240.67 miChatton Close, Chester Le Street3
£69512/240.68 miProspect Terrace, Chester Le Street3
£70012/240.76 mi-3
£67512/240.77 miWynyard, Chester Le Street, Durham, DH23
£80012/240.81 mi-3
£85012/240.88 mi-3
£80004/250.89 mi-3
£80012/240.89 mi-3
£1,12503/250.97 mi-3
£82512/241.02 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

0.69 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 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

Floor Plans

Description

SOLD, SUBJECT TO CONTRACT. SIMILAR PROPERTIES REQUIRED Situated on Benson Street in the charming town of Chester Le Street, this deceptively spacious three-bedroom mid-terrace house presents an excellent opportunity for families and first-time buyers alike. The property is conveniently located just a short stroll from the town centre, where you will find a variety of shops and amenities to cater to your everyday needs.

As you enter the home, you are welcomed by a bright entrance hall that leads into a generous lounge, complete with a feature fireplace that adds a touch of warmth and character to the space. The fitted kitchen/dining room is perfect for family meals and entertaining guests, providing a practical yet inviting atmosphere. The refitted white family bathroom is both stylish and functional, offering a modern touch to this charming home.

The property boasts three good-sized bedrooms, ensuring ample space for family living or guest accommodation.

Additional features include UPVC double glazing throughout, which enhances energy efficiency, and gas central heating, ensuring comfort during the colder months. The rear yard provides a private outdoor space, ideal for enjoying the fresh air or hosting summer barbecues.

With infant, junior, and senior schools within walking distance, as well as easy access to the train station, this property is perfectly positioned for both convenience and community living. This home on Benson Street is not to be missed, offering a wonderful blend of space, comfort, and location.

Freehold
Council tax band A
EPC rating D

Entrance Hall -

Lounge - 15'2" x 10'4" -

Kitchen/Diner - 12'8" x 10'3" -

Bathroom/Wc -

First Floor -

Bedroom 1 - 12'9" x 9'3" -

Bedroom 2 - 11' x 8'1" -

Bedroom 3 - 9'5" x 7'8" -

Outside -

Agent Details

Venture Properties, Chester Le Street

0191 625 0116

Next Steps?

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