3 Bed Terraced House, Single Let, Chester-le-Street, DH3 2BD, £115,000

York Road, Birtley, Chester Le Street, Tyne and Wear, DH3 2BD - 3 months ago

Sold STC
BTL
ROI: 7%
~69 m²
+6 photos

ValuationUndervalued

Sold Prices£74K - £485K
Sold Prices/m²£949/m² - £3.7K/m²

 

 

Square Metres

~69.30 m²
Price/m²£1.7K/m²

Value Estimate

£132,764
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£600 - £3,300

Rent Estimate

£725

Running Costs/mo

£524

Cashflow/mo

£201

Cashflow/yr

£2,408

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £74K to £485K, average is £169.3K. £949/m² to £3.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£95K09/210.06 mi152, Dorset Avenue, Birtley, Chester Le Street, Tyne And Wear DH3 2DZ3
£74K12/200.06 mi152, Dorset Avenue, Birtley, Chester Le Street, Tyne And Wear DH3 2DZ3
£139.9K06/210.09 mi6, Cambridge Place, Birtley, Chester Le Street, Tyne And Wear DH3 2DF3
£130K06/230.14 mi32, Oxford Place, Birtley, Chester Le Street, Tyne And Wear DH3 2AX3
£173K04/210.18 mi34, Durham Place, Birtley, Chester Le Street, Tyne And Wear DH3 2AZ3
£102.5K03/230.18 mi30, Durham Place, Birtley, Chester Le Street, Tyne And Wear DH3 2AZ3
£120K08/210.21 mi10, Northumberland Place, Birtley, Chester Le Street, Tyne And Wear DH3 2AP3
£147.5K04/230.22 mi16, Cumberland Place, Birtley, Chester Le Street, Tyne And Wear DH3 2AT3
£135K11/220.26 mi12, Elgin Place, Birtley, Chester Le Street, Tyne And Wear DH3 2DW3
£138.5K09/210.29 mi15, Renfrew Place, Vigo, Chester Le Street, Tyne And Wear DH3 2DP3
£110K07/210.33 mi18, Lothian Close, Birtley, Chester Le Street, Tyne And Wear DH3 2HQ3
£154K10/210.33 mi18, Kinross Close, Birtley, Chester Le Street, Tyne And Wear DH3 2HG3
£110K10/210.36 mi1, Portree Close, Birtley, Chester Le Street, Tyne And Wear DH3 2HL3
£117K07/210.4 mi32, Nairn Close, Birtley, Chester Le Street, Tyne And Wear DH3 2HF3
£126K01/210.4 mi19, Hartside, Birtley, Chester Le Street, Tyne And Wear DH3 2EP3
£170K06/230.41 mi1, Scafell, Birtley, Chester Le Street, Tyne And Wear DH3 2HD3
£162.5K01/230.41 mi3, Scafell, Birtley, Chester Le Street, Tyne And Wear DH3 2HD3
£176K11/210.41 mi23, Colebrooke, Birtley, Chester Le Street, Tyne And Wear DH3 2LF3
£165K11/210.41 mi29, Colebrooke, Birtley, Chester Le Street, Tyne And Wear DH3 2LF3
£178K11/210.41 mi21, Colebrooke, Birtley, Chester Le Street, Tyne And Wear DH3 2LF3
£190K12/200.43 mi8, Napier Close, Chester Le Street, County Durham DH3 4BN3
£215K03/210.44 mi3, Caxton Way, Chester Le Street, Durham DH3 4BW3
£127K07/210.44 mi7, Kentmere, Birtley, Chester Le Street, Tyne And Wear DH3 2EH3
£122K11/220.45 mi12a, Hartside, Birtley, Chester Le Street, Tyne And Wear DH3 2EW3
£167.5K02/210.45 mi3, Langdale, Birtley, Chester Le Street, Tyne And Wear DH3 2EJ3
£317K12/220.46 mi42, Picktree Lodge, Chester Le Street, County Durham DH3 4DJ3
£230K01/210.51 mi7, Vigodale, Birtley, Chester Le Street, Tyne And Wear DH3 2HP3
£235K05/210.54 mi4, Ouston Spring Farm Cottages, Ouston, Chester Le Street, Durham DH2 1JL3
£220K01/230.54 mi30, Leander Avenue, Chester Le Street, County Durham DH3 4BH3
£175K01/230.56 mi39, Lombard Drive, Chester Le Street, County Durham DH3 4BE3
£185K06/210.56 mi61, Lombard Drive, Chester Le Street, County Durham DH3 4BE3
£159.9K02/230.58 miSprings Farm, Lydford Way, Birtley, Chester Le Street, Tyne And Wear DH3 2LT3
£168.5K11/210.61 mi25, Thirlmere, Birtley, Chester Le Street, Tyne And Wear DH3 2JY3
£205.1K05/210.61 mi14, Thirlmere, Birtley, Chester Le Street, Tyne And Wear DH3 2JY3
£218K06/230.63 mi54, Dunvegan, Birtley, Chester Le Street, Tyne And Wear DH3 2JH3
£147.5K02/210.63 mi8, Dunvegan, Birtley, Chester Le Street, Tyne And Wear DH3 2JH3
£216K10/220.64 mi18, Dunvegan, Birtley, Chester Le Street, Tyne And Wear DH3 2JH3
£126.5K05/210.64 mi9, Polperro Close, Birtley, Chester Le Street, Tyne And Wear DH3 2NA3
£133K12/200.66 mi23, Dunvegan, Birtley, Chester Le Street, Tyne And Wear DH3 2JQ3
£485K12/220.67 mi28, Graylands, High Rickleton, Washington, Tyne And Wear NE38 9HF3
£118K11/200.7 mi109, Glenluce, Birtley, Chester Le Street, Tyne And Wear DH3 2JA3
£170K02/210.7 mi71, Glenluce, Birtley, Chester Le Street, Tyne And Wear DH3 2JA3
£172K03/210.7 mi75, Glenluce, Birtley, Chester Le Street, Tyne And Wear DH3 2JA3
£265K04/240.7 mi34, Graylands, High Rickleton, Washington, Tyne And Wear NE38 9HF3
£235K02/240.7 mi4, Graylands, High Rickleton, Washington, Tyne And Wear NE38 9HF3
£245K11/200.7 mi21, Graylands, High Rickleton, Washington, Tyne And Wear NE38 9HF3
£270K09/230.7 mi31, Graylands, High Rickleton, Washington, Tyne And Wear NE38 9HF3
£300K04/230.7 mi13, The Springs, Birtley, Chester Le Street, Tyne And Wear DH3 2NB3
£185K02/230.71 mi6, Glenluce, Birtley, Chester Le Street, Tyne And Wear DH3 2HY3
£182K11/220.71 mi87, Glenluce, Birtley, Chester Le Street, Tyne And Wear DH3 2JA3

Local Rents

11 rents from £600/mo to £3.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£72512/240.29 miSuffolk Place, Birtley, Chester Le Street, County Durham, DH33
£1,20004/250.54 mi-3
£1,50003/250.54 mi-3
£79512/240.64 miPolperro Close, DH33
£1,20005/240.88 miHarthope Close, Rickleton, Washington3
£3,30003/250.96 mi-3
£60012/241.02 miMorris Street, DH33
£75003/251.04 mi-3
£80012/241.12 miPetteril, Washington, Tyne and Wear, NE38 9EQ3
£72512/241.14 miPetteril, Washington, Tyne and Wear, NE383
£82512/241.2 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

1.70 miles away

Nearest school

0.30 miles away

Nearest train station

1.87 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Listed for £115,000

January 17, 2025

Floor Plans

Description

  • Three Bedroom Mid Terrace +
  • Vacant Possession +
  • Ample Parking +
  • EPC - C +
  • Council Tax - Band A +
  • Approx. 63sqm/678sqft Accommodation. +

This well-presented three-bedroom, mid-terrace property is located in the sought-after Barley Mow area on the outskirts of Birtley town centre, offering excellent transport links with easy access to local bus routes and major trunk roads, making it ideal for commuters. Whether you are a family, a couple, or an investor looking for a buy-to-let opportunity, this property provides versatile living space.

The ground floor comprises a spacious lounge, brightened by a large window that allows an abundance of natural light to flow through. The lounge leads to a modern kitchen featuring white gloss fitted units, a gas hob, built-in oven, and a fridge freezer, providing everything needed for everyday living.

Upstairs, there are two generously sized double bedrooms, one of which benefits from built-in wardrobes, along with a further single bedroom offering flexible use as a nursery, home office, or guest room. The bathroom is modern and includes a bath with an over-bath shower, a WC, a wash basin, and a mirrored storage cupboard.

Externally, the property boasts a gated and fenced front garden, while the rear features a large driveway with space for 3 to 4 cars, along with a gated garden area beyond, offering additional outdoor space. This freehold property is offered with no onward chain, making it an excellent opportunity for potential buyers.

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.

QCT250008/2

Agent Details

YOUR MOVE Chris Stonock, Chester Le Street

0191 625 0230

Next Steps?

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