3 Bed Terraced House, Refurb/BRRR, Chester-le-Street, DH2 3RU, £100,000
ValuationFair Value
| Sold Prices | £72K - £345K |
| Sold Prices/m² | £975/m² - £4K/m² |
| |
Square Metres | ~93 m² |
| Price/m² | £1.1K/m² |
Value Estimate | £100,000£100,000 |
| |
End Value (After Refurb) | £207,870£207,870 |
Uplift in Value | +108%+108% |
You could potentially get back more cash than you put into this deal. All your cash out plus £11,615 extra. See the breakdown | |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £25,000£25,000 |
Stamp Duty & Legal Fees | £4,200£4,200 |
Refurb Costs | £35,712£35,712 |
Bridging Loan Interest | £2,625£2,625 |
Total Cash In | £69,287£69,287 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentFlip |
Estimated Sale Price | £207,870£207,870 |
Agent Fees (1%) | £2,079£2,079 |
Bridging Loan | £75,000£75,000 |
Bridging Loan Interest | £2,625£2,625 |
Flip Profit | £61,504£61,504 |
Local Sold Prices
50 sold prices from £72K to £345K, average is £158.8K. £975/m² to £4K/m², average is £2.1K/m².
| Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
| £72K | 12/20 | 0.02 mi | 25, The Crescent, Chester Moor, Chester Le Street, County Durham DH2 3RT | £1,029 | 70 | 3 | Terraced House | |
| £85K | 05/21 | 0.02 mi | 23, East Avenue, Chester Moor, Chester Le Street, County Durham DH2 3RU | £1,178 | 72 | 3 | Terraced House | |
| £110K | 02/23 | 0.03 mi | 17, East Avenue, Chester Moor, Chester Le Street, County Durham DH2 3RU | £1,502 | 73 | 3 | Terraced House | |
| £136K | 10/20 | 0.05 mi | 5, The Crescent, Chester Moor, Chester Le Street, Durham DH2 3RT | £1,462 | 93 | 3 | Semi-Detached House | |
| £225K | 05/21 | 0.34 mi | 9, Hawkhill Close, Chester Le Street, County Durham DH2 3TU | £2,848 | 79 | 3 | Detached House | |
| £292K | 04/23 | 0.37 mi | 56, Warkworth Drive, Chester Le Street, County Durham DH2 3TH | £3,946 | 74 | 3 | Detached House | |
| £235.1K | 09/21 | 0.41 mi | 10, Lilburn Close, Chester Le Street, Durham DH2 3TN | - | - | 3 | Detached House | |
| £246K | 03/23 | 0.41 mi | 16, Lilburn Close, Chester Le Street, County Durham DH2 3TN | £3,280 | 75 | 3 | Detached House | |
| £207K | 12/22 | 0.42 mi | 50, Chillingham Drive, Chester Le Street, County Durham DH2 3TJ | £2,760 | 75 | 3 | Detached House | |
| £218K | 01/21 | 0.45 mi | 122, Warkworth Drive, Chester Le Street, Durham DH2 3TW | £2,868 | 76 | 3 | Detached House | |
| £210K | 04/21 | 0.45 mi | 103, Warkworth Drive, Chester Le Street, Durham DH2 3TW | £2,658 | 79 | 3 | Semi-Detached House | |
| £245K | 06/21 | 0.52 mi | 31, Aberwick Drive, Chester Le Street, Durham DH2 3TG | £2,292 | 107 | 3 | Detached House | |
| £232.5K | 05/23 | 0.62 mi | 2, Portland Close, Chester Le Street, County Durham DH2 3HP | - | - | 3 | Terraced House | |
| £168K | 06/21 | 0.64 mi | 4, Westray, Chester Le Street, Durham DH2 3HF | £2,100 | 80 | 3 | Semi-Detached House | |
| £187K | 09/21 | 0.66 mi | 21, Ullswater Road, Chester Le Street, County Durham DH2 3HG | £2,078 | 90 | 3 | Semi-Detached House | |
| £160K | 05/21 | 0.67 mi | 101, Grasmere Road, Chester Le Street, County Durham DH2 3EU | - | - | 3 | Semi-Detached House | |
| £125K | 12/21 | 0.68 mi | 18, Chatton Close, Chester Le Street, County Durham DH2 3HU | - | - | 3 | Terraced House | |
| £125K | 02/21 | 0.68 mi | 40, Chatton Close, Chester Le Street, Durham DH2 3HU | £1,866 | 67 | 3 | Terraced House | |
| £115K | 03/21 | 0.68 mi | 11, Chatton Close, Chester Le Street, Durham DH2 3HU | £1,597 | 72 | 3 | Semi-Detached House | |
| £168K | 12/20 | 0.68 mi | 68, Chatton Close, Chester Le Street, County Durham DH2 3HU | £2,082 | 81 | 3 | Semi-Detached House | |
| £280.5K | 10/21 | 0.69 mi | 6, Alwinton Drive, Chester Le Street, County Durham DH2 3JH | £3,082 | 91 | 3 | Detached House | |
| £345K | 07/23 | 0.69 mi | 3, Craster Close, Chester Le Street, County Durham DH2 3JJ | - | - | 3 | Detached House | |
| £157.5K | 05/23 | 0.69 mi | 9, Redesdale Road, Chester Le Street, County Durham DH2 3HT | £2,320 | 68 | 3 | Terraced House | |
| £288.3K | 04/23 | 0.73 mi | 32, Caragh Road, Chester Le Street, County Durham DH2 3EA | £2,403 | 120 | 3 | Detached House | |
| £189.9K | 12/20 | 0.74 mi | 87, Rydal Road, Chester Le Street, County Durham DH2 3DS | £1,900 | 100 | 3 | Semi-Detached House | |
| £122K | 12/20 | 0.74 mi | 16, Bowmont Walk, Chester Le Street, Durham DH2 3JB | £1,768 | 69 | 3 | Semi-Detached House | |
| £125K | 11/22 | 0.75 mi | 59, Cotswold Avenue, Chester Le Street, County Durham DH2 3BP | £1,359 | 92 | 3 | Terraced House | |
| £225K | 05/23 | 0.76 mi | 3, Dronfield Close, Chester Le Street, County Durham DH2 3JE | - | - | 3 | Detached House | |
| £125K | 04/21 | 0.76 mi | 52, Cotswold Avenue, Chester Le Street, Durham DH2 3BP | - | - | 3 | Semi-Detached House | |
| £110K | 12/22 | 0.76 mi | 51, Cotswold Avenue, Chester Le Street, County Durham DH2 3BP | - | - | 3 | Terraced House | |
| £120K | 03/23 | 0.78 mi | 52, Lowther Avenue, Chester Le Street, County Durham DH2 3BN | - | - | 3 | Terraced House | |
| £176.9K | 12/20 | 0.79 mi | 8, Strangford Avenue, Chester Le Street, County Durham DH2 3EX | £1,988 | 89 | 3 | Semi-Detached House | |
| £205K | 10/20 | 0.81 mi | 3, Lesbury Close, Chester Le Street, Durham DH2 3SS | £2,440 | 84 | 3 | Semi-Detached House | |
| £237.5K | 12/22 | 0.81 mi | 42, Lesbury Close, Chester Le Street, County Durham DH2 3SS | £4,025 | 59 | 3 | Detached House | |
| £180K | 02/21 | 0.81 mi | 11, Lesbury Close, Chester Le Street, Durham DH2 3SS | £2,169 | 83 | 3 | Semi-Detached House | |
| £160K | 11/21 | 0.81 mi | 33, Sidlaw Avenue, Chester Le Street, County Durham DH2 3DD | - | - | 3 | Semi-Detached House | |
| £100.1K | 02/21 | 0.81 mi | 3, Sidlaw Avenue, Chester Le Street, Durham DH2 3DD | £975 | 103 | 3 | Semi-Detached House | |
| £157.5K | 04/23 | 0.81 mi | 35, Sidlaw Avenue, Chester Le Street, County Durham DH2 3DD | - | - | 3 | Semi-Detached House | |
| £95K | 05/21 | 0.82 mi | 60, Hambledon Avenue, Chester Le Street, County Durham DH2 3BQ | - | - | 3 | Terraced House | |
| £117K | 11/21 | 0.82 mi | 52, Hambledon Avenue, Chester Le Street, Durham DH2 3BQ | - | - | 3 | Terraced House | |
| £114K | 02/21 | 0.83 mi | 5, Cotswold Avenue, Chester Le Street, Durham DH2 3BW | £1,310 | 87 | 3 | Terraced House | |
| £138.8K | 08/21 | 0.85 mi | 11, Hawes Avenue, Chester Le Street, County Durham DH2 3DX | £1,577 | 88 | 3 | Semi-Detached House | |
| £122K | 12/22 | 0.86 mi | 18, Malvern Avenue, Chester Le Street, County Durham DH2 3BH | £1,402 | 87 | 3 | Terraced House | |
| £125K | 12/20 | 0.86 mi | 53, Chiltern Avenue, Chester Le Street, Durham DH2 3BE | £1,437 | 87 | 3 | Terraced House | |
| £120K | 08/21 | 0.87 mi | 21, Cleveland Avenue, Chester Le Street, Durham DH2 3BB | - | - | 3 | Terraced House | |
| £108K | 05/21 | 0.87 mi | 14, Hambledon Avenue, Chester Le Street, County Durham DH2 3BG | £1,227 | 88 | 3 | Semi-Detached House | |
| £243K | 10/22 | 0.88 mi | 14, Glanton Close, Chester Le Street, County Durham DH2 3SW | £3,682 | 66 | 3 | Detached House | |
| £115K | 10/22 | 0.88 mi | 9, Katrine Close, Chester Le Street, County Durham DH2 3EF | £1,292 | 89 | 3 | Detached House | |
| £130K | 03/21 | 0.89 mi | 2, Olive Street, Waldridge, Chester Le Street, Durham DH2 3SQ | - | - | 3 | Terraced House | |
| £185K | 10/20 | 0.89 mi | 11, Glanton Close, Chester Le Street, County Durham DH2 3SW | £2,721 | 68 | 3 | Detached House |
Local Rents
50 rents from £450/mo to £3.3K/mo, average is £685/mo.
| Rent | Date | Distance | Address | Beds | Type | |
| £700 | 12/24 | 0.68 mi | Chatton Close, Chester Le Street | 3 | Detached House | |
| £595 | 12/24 | 0.7 mi | Chatton Close, Chester Le Street, Durham, DH2 | 2 | Flat | |
| £550 | 12/24 | 0.76 mi | Hilda Terrace, Chester Le Street, Durham, DH2 | 2 | Terraced House | |
| £650 | 12/24 | 0.77 mi | Norton Close Waldridge Park Chester Le Street | 2 | Flat | |
| £700 | 12/24 | 0.79 mi | - | 3 | Terraced House | |
| £700 | 02/24 | 0.92 mi | - | 3 | Terraced House | |
| £2,995 | 07/24 | 0.93 mi | - | 4 | Detached House | |
| £695 | 12/24 | 0.94 mi | Orchard Terrace, Chester Le Street, DH3 | 2 | Terraced House | |
| £595 | 12/24 | 1.02 mi | Jolliffe Street, Chester Le Street, Dh3 | 2 | Flat | |
| £995 | 12/24 | 1.02 mi | Second Avenue, Chester Le Street, DH2 | 3 | Terraced House | |
| £995 | 12/24 | 1.02 mi | - | 3 | Terraced House | |
| £800 | 06/24 | 1.03 mi | - | 3 | Terraced House | |
| £2,167 | 12/24 | 1.05 mi | Eureka Mews, Chester Le Street, DH2 | 2 | Flat | |
| £1,950 | 12/24 | 1.05 mi | Eureka Mews, DH2 | 1 | Flat | |
| £595 | 12/24 | 1.06 mi | Allen Street, Chester-le-Street, County Durham | 2 | Terraced House | |
| £625 | 04/25 | 1.06 mi | - | 2 | Terraced House | |
| £475 | 02/25 | 1.08 mi | - | 1 | Flat | |
| £595 | 12/24 | 1.1 mi | Robertson Court, Chester Le Street, Durham, DH3 | 2 | Flat | |
| £825 | 01/25 | 1.13 mi | - | 3 | Terraced House | |
| £725 | 09/23 | 1.14 mi | - | 2 | Flat | |
| £650 | 12/24 | 1.21 mi | - | 2 | Terraced House | |
| £1,050 | 12/24 | 1.23 mi | - | 3 | Terraced House | |
| £675 | 12/24 | 1.23 mi | Wynyard, Chester Le Street, Durham, DH2 | 3 | Detached House | |
| £450 | 12/24 | 1.24 mi | Poplar Street, Chester Le Street, Durham, DH3 | 2 | Terraced House | |
| £3,300 | 03/25 | 1.25 mi | - | 3 | Terraced House | |
| £820 | 02/25 | 1.26 mi | - | 3 | Terraced House | |
| £850 | 12/24 | 1.3 mi | - | 3 | Terraced House | |
| £670 | 08/24 | 1.32 mi | - | 2 | Terraced House | |
| £750 | 12/24 | 1.33 mi | Central Exchange, Chester le Street | 2 | Flat | |
| £800 | 12/24 | 1.33 mi | - | 3 | Terraced House | |
| £675 | 12/24 | 1.39 mi | - | 3 | Semi-Detached House | |
| £650 | 04/25 | 1.42 mi | - | 2 | Flat | |
| £550 | 01/25 | 1.42 mi | - | 1 | Flat | |
| £625 | 12/24 | 1.43 mi | High Chare, Chester Le Street, County Durham, DH3 | 2 | Flat | |
| £800 | 04/25 | 1.46 mi | - | 3 | Terraced House | |
| £800 | 12/24 | 1.48 mi | - | 3 | Terraced House | |
| £675 | 12/24 | 1.48 mi | - | 2 | Terraced House | |
| £1,275 | 06/24 | 1.51 mi | - | 2 | Flat | |
| £650 | 12/24 | 1.55 mi | The Anchorage, Chester Le Street, County Durham, DH3 | 2 | Flat | |
| £1,650 | 10/24 | 1.57 mi | - | 4 | Detached House | |
| £595 | 12/24 | 1.58 mi | Cooperative Street, Chester Le Street | 3 | Terraced House | |
| £600 | 12/24 | 1.61 mi | Uphill Drive, Sacriston, Durham, DH7 | 2 | Detached House | |
| £675 | 12/24 | 1.67 mi | Prospect Street, Chester Le Street, County Durham | 2 | Terraced House | |
| £695 | 12/24 | 1.68 mi | Prospect Terrace, Chester Le Street | 3 | Terraced House | |
| £600 | 04/25 | 1.7 mi | - | 3 | Terraced House | |
| £600 | 03/25 | 1.72 mi | - | 2 | Terraced House | |
| £700 | 12/24 | 1.74 mi | High Barnes, Great Lumley, Chester Le Street, Durham, DH3 | 2 | Detached House | |
| £750 | 12/24 | 1.78 mi | - | 2 | Flat | |
| £550 | 12/24 | 1.78 mi | - | 2 | Terraced House | |
| £525 | 12/24 | 1.79 mi | Elm Court, Sacriston, Durham, DH7 | 1 | Flat |
Local Area Statistics
Population in DH2 | 30,57930,579 |
Population in Chester-le-Street | 56,37756,377 |
Town centre distance | 1.45 miles away1.45 miles away |
Nearest school | 1 miles away1 miles away |
Nearest train station | 1.33 miles away1.33 miles away |
| |
Rental demand | Tenant's marketTenant's market |
Rental growth (12m) | -9%-9% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +12%+12% |
Property History
Listed for £100,000
January 20, 2025
Floor Plans
Description
- Three Bedroom End Of Terrace +
- Corner Plot +
- Huge Potential +
- EPC - Awaited +
- Council Tax - Band A +
Located south of Chester-le-Street town centre, in the desirable area of Chester Moor, this spacious three-bedroom end-of-terrace property is offered to the market with vacant possession and no vendor chain. Perfect for first-time buyers, families, or investors, the property offers great potential for the new owner to make their mark.
Upon entering, you'll find a bright porch leading to the staircase and a generous lounge, featuring a charming brick fireplace and double-glazed French doors that fill the room with natural light. The lounge connects seamlessly to the outdoor space, enhancing the home’s overall sense of openness. To the rear of the property, there is a fitted kitchen, equipped with a built-in oven, hob, and a large storage cupboard, offering plenty of practical space for everyday use. The downstairs bathroom includes a walk-in shower, WC, and a vanity unit for added convenience.
Upstairs, the first floor comprises three well-proportioned bedrooms, two of which are doubles, providing ample space for family living or creating a comfortable home office. The property is situated on a corner plot, providing a generous amount of outdoor space that wraps around the property, perfect for families, gardening enthusiasts, or anyone who enjoys outdoor living.
This home offers fantastic potential to add value with some modernisation, and with no onward chain, it’s ready for immediate occupancy. Early viewing is highly recommended to fully appreciate the space and potential on offer.
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.
QCT240519/2