3 Bed Terraced House, Single Let, Chester-le-Street, DH3 3HR, £105,000

Ernest Terrace, Chester Le Street, DH3 3HR - 1 views - 2 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£74K - £260K
Sold Prices/m²£783/m² - £2.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£122,454
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£32,700

 

 

Cash Out

 

Rent Range

£595 - £3,300

Rent Estimate

£675

Running Costs/mo

£483

Cashflow/mo

£192

Cashflow/yr

£2,303

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £74K to £260K, average is £120K. £783/m² to £2.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£115K12/220 mi4, Ernest Terrace, Chester Le Street, County Durham DH3 3HR3
£135K06/210.07 mi25, West Lane, Chester Le Street, Durham DH3 3HL3
£96K11/220.11 mi11, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL3
£137.5K11/210.11 mi42, Moorfoot Avenue, Chester Le Street, County Durham DH2 3AJ3
£189K01/210.12 mi12, Elvet Green, Chester Le Street, Durham DH2 2ER3
£110K02/230.14 mi28, Melville Street, Chester Le Street, County Durham DH3 3JF3
£117.5K07/230.14 mi16, Melville Street, Chester Le Street, County Durham DH3 3JF3
£90K12/210.14 mi19, Melville Street, Chester Le Street, County Durham DH3 3JF3
£74K03/230.15 mi11, Poplar Street, Chester Le Street, County Durham DH3 3DN3
£157K06/210.17 mi23, Avondale Terrace, Chester Le Street, County Durham DH3 3ED3
£114K12/210.18 mi36, Cumbrian Avenue, Chester Le Street, Durham DH2 3AR3
£125K10/210.18 mi5, Clifford Terrace, Chester Le Street, Durham DH3 3JL3
£227.5K10/210.18 mi25, Red Rose Terrace, Chester Le Street, County Durham DH3 3LN3
£138K10/210.19 mi10, Mendip Avenue, Chester Le Street, County Durham DH2 3AS3
£192.5K02/230.19 mi5, Lumley Terrace, Chester Le Street, County Durham DH3 3NQ3
£119K05/210.19 mi36, Mendip Avenue, Chester Le Street, Durham DH2 3AT3
£94K03/210.19 mi38, Mendip Avenue, Chester Le Street, County Durham DH2 3AT3
£158K12/200.21 mi7, Lumley Terrace, Chester Le Street, County Durham DH3 3NQ3
£148K04/210.22 mi6, Buttermere Close, Chester Le Street, County Durham DH2 3DN3
£95K10/200.22 mi10, Weldon Terrace, Chester Le Street, Durham DH3 3NG3
£90K11/200.22 mi13, Ripon Street, Chester Le Street, County Durham DH3 3JR3
£120K06/210.22 mi27, Pennine Avenue, Chester Le Street, County Durham DH2 3AX3
£134K12/210.23 mi11, Lambton Street, Chester Le Street, Durham DH3 3NH3
£98K03/210.23 mi30, Lambton Street, Chester Le Street, Durham DH3 3NH3
£139K07/210.23 mi47, Lambton Street, Chester Le Street, Durham DH3 3NH3
£128K09/210.23 mi45, Lambton Street, Chester Le Street, Durham DH3 3NH3
£120K04/230.23 mi21, Lambton Street, Chester Le Street, County Durham DH3 3NH3
£175K11/220.24 mi2, Orchard Terrace, Chester Le Street, County Durham DH3 3JU3
£110K11/220.24 mi7, Grampian Avenue, Chester Le Street, County Durham DH2 3AY3
£232.5K09/210.25 mi11, Castle Riggs, Chester Le Street, Durham DH2 2DL3
£115K10/220.26 mi9, Katrine Close, Chester Le Street, County Durham DH2 3EF3
£172.5K07/230.27 mi39, York Terrace, Chester Le Street, County Durham DH3 3NA3
£138.8K08/210.31 mi11, Hawes Avenue, Chester Le Street, County Durham DH2 3DX3
£114K03/230.31 mi22, Cleveland Avenue, Chester Le Street, County Durham DH2 3BA3
£80K08/230.32 mi33, Bullion Lane, Chester Le Street, County Durham DH2 2DP3
£105K01/230.32 mi37, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£120K08/210.32 mi21, Cleveland Avenue, Chester Le Street, Durham DH2 3BB3
£95K01/230.32 mi24, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£125K12/200.34 mi53, Chiltern Avenue, Chester Le Street, Durham DH2 3BE3
£105K06/210.35 mi18, Chiltern Avenue, Chester Le Street, County Durham DH2 3BD3
£120K07/210.35 mi13, Chiltern Avenue, Chester Le Street, Durham DH2 3BD3
£260K11/200.36 mi26, Eardulph Avenue, Chester Le Street, County Durham DH3 3PR3
£232.5K06/210.38 mi5, Park Road South, Chester Le Street, Durham DH3 3LT3
£176.9K12/200.39 mi8, Strangford Avenue, Chester Le Street, County Durham DH2 3EX3
£108K05/210.39 mi14, Hambledon Avenue, Chester Le Street, County Durham DH2 3BG3
£189.9K12/200.4 mi87, Rydal Road, Chester Le Street, County Durham DH2 3DS3
£125K11/220.4 mi21, Lancaster Terrace, Chester Le Street, County Durham DH3 3NW3
£81.5K07/230.4 mi15, Ridley Avenue, Chester Le Street, County Durham DH2 2EJ3
£95K05/210.4 mi60, Hambledon Avenue, Chester Le Street, County Durham DH2 3BQ3
£117K11/210.4 mi52, Hambledon Avenue, Chester Le Street, Durham DH2 3BQ3

Local Rents

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

RentDateDistanceAddressBeds 
£3,30003/250.12 mi-3
£80006/240.14 mi-3
£82002/250.22 mi-3
£70002/240.31 mi-3
£1,05012/240.34 mi-3
£99512/240.35 mi-3
£99512/240.35 miSecond Avenue, Chester Le Street, DH23
£67512/240.44 mi-3
£59512/240.46 miCooperative Street, Chester Le Street3
£82501/250.53 mi-3
£69512/240.58 miProspect Terrace, Chester Le Street3
£70012/240.6 miChatton Close, Chester Le Street3
£67512/240.62 miWynyard, Chester Le Street, Durham, DH23

Local Area Statistics

Population in DH3

25,797

Population in Chester-le-Street

56,377

Town centre distance

0.54 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Listed for £105,000

February 11, 2025

Floor Plans

Description

  • NO CHAIN +
  • PERIOD-STYLE HOME +
  • EXTENDED +
  • LARGE ROOMS +
  • HIGH CEILINGS +
  • TOWN CENTRE LOCATION +
  • UTILITY ROOM +
  • THREE DOUBLE BEDROOMS +
  • VIEWING RECOMMENDED +

NO CHAIN – PERIOD-STYLE HOME – EXTENDED – LARGE ROOMS AND HIGH CEILINGS – TOWN CENTRE LOCATION – UTILITY ROOM – THREE DOUBLE BEDROOMS

Offered to the market with the benefit of no onward chain is this spacious, period-style home located in Ernest Terrace.

Ernest Terrace is situated in the heart of Chester-le-Street, providing residents with convenient access to a range of local amenities, including shops, restaurants, and schools. The area boasts excellent transport links, with Chester-le-Street railway station approximately 400 yards away, offering easy commuting options to nearby cities such as Durham and Newcastle.

Additionally, the property is in close proximity to several primary and secondary schools, making it an ideal location for families.

The internal floorplan comprises an entrance lobby, hallway, spacious lounge, large dining kitchen, utility room with door to rear enclosed yard, and a family bathroom with separate shower cubicle.

On the first floor, there are three double-sized bedrooms and a feature turning landing.

This home is ideal for families seeking spacious living accommodation in a central location, with the added advantage of no onward chain.

Ground Floor -

Entrance Lobby -

Hallway -

Lounge - 4.3 x 4 (14'1" x 13'1") -

Dining Kitchen - 4.3 x 3.7 (14'1" x 12'1") -

Utility Room - 2.3 x 1.6 (7'6" x 5'2") -

Bathroom - 2.8 x 2.2 (9'2" x 7'2") -

First Floor -

Landing -

Bedroom - 4.1 x 3.1 (13'5" x 10'2") -

Bedroom - 3.7 x 3.4 (12'1" x 11'1") -

Bedroom - 3 x 2.2 (9'10" x 7'2") -

Agent's Notes - Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating: Gas Central Heating
Broadband: Basic 18 Mbps, Superfast 58 Mbps, Ultrafast 1,139 Mbps
Mobile Signal/Coverage: Good/Average
Tenure: Freehold
Council Tax: Durham County Council, Band A - Approx. £1,621 p.a
Energy Rating: D

Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities. Robinsons cannot accept liability for any information provided.

Agent Details

Robinsons, Chester Le Street

0191 625 0844

Next Steps?

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