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3 Bed Terraced House, Single Let, Chester-le-Street, DH3 1AN, £125,000

Daisy Cottages, Birtley, Chester Le Street, DH3 1AN - a month ago

BTL
ROI: 6%
~81 m²
+10 photos

ValuationOvervalued

Sold Prices£48K - £300K
Sold Prices/m²£495/m² - £2.3K/m²

 

 

Square Metres

~81.01 m²
Price/m²£1.5K/m²

Value Estimate

£113,316

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£600 - £3,300

Rent Estimate

£750

Running Costs/mo

£561

Cashflow/mo

£189

Cashflow/yr

£2,273

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £48K to £300K, average is £125K. £495/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£110K03/210.01 mi10, Daisy Cottages, Birtley, Chester Le Street, Tyne And Wear DH3 1AN3
£163K06/230.05 mi16, Jasmine Terrace, Birtley, Chester Le Street, Tyne And Wear DH3 1RW3
£165K07/230.05 mi8, Jasmine Terrace, Birtley, Chester Le Street, Tyne And Wear DH3 1RW3
£104K12/220.05 mi18, Woodbine Terrace, Birtley, Chester Le Street, Tyne And Wear DH3 1AJ3
£194K10/210.13 mi5, Ruskin Road, Birtley, Chester Le Street, Tyne And Wear DH3 1AD3
£105K11/220.14 mi7, South View, Birtley, Chester Le Street, Tyne And Wear DH3 1AG3
£139.9K04/210.14 mi1, The Avenue, Birtley, Chester Le Street, Tyne And Wear DH3 1AA3
£235K02/230.14 mi12, The Avenue, Birtley, Chester Le Street, Tyne And Wear DH3 1AA3
£125K02/210.14 mi21, Mount Road, Birtley, Chester Le Street, Tyne And Wear DH3 1BB3
£125K08/230.14 mi14, Mount Road, Birtley, Chester Le Street, Tyne And Wear DH3 1BB3
£150K02/230.14 mi15, Mount Road, Birtley, Chester Le Street, Tyne And Wear DH3 1BB3
£170K11/200.17 mi43, Mount Road, Birtley, Chester Le Street, Tyne And Wear DH3 1BJ3
£150K03/210.18 mi5, Holyoake Gardens, Birtley, Chester Le Street, Tyne And Wear DH3 1AB3
£120K11/210.2 mi2, Neale Terrace, Birtley, Chester Le Street, Tyne And Wear DH3 1LR3
£140K12/220.22 mi140, Mount Road, Birtley, Chester Le Street, Tyne And Wear DH3 1BL3
£105K11/210.22 mi14, Highridge, Birtley, Chester Le Street, Tyne And Wear DH3 1BD3
£116K03/210.23 mi21, Highridge, Birtley, Chester Le Street, Tyne And Wear DH3 1BE3
£115K12/200.23 mi58, Fellcross, Birtley, Chester Le Street, Tyne And Wear DH3 1BH3
£170K12/200.23 mi59, Mount Road, Birtley, Chester Le Street, Tyne And Wear DH3 1BJ3
£165K05/210.23 mi67, Mount Road, Birtley, Chester Le Street, Tyne And Wear DH3 1BJ3
£115K11/220.23 mi20, Highridge, Birtley, Chester Le Street, Tyne And Wear DH3 1BD3
£136.5K05/210.23 mi95, Mount Road, Birtley, Chester Le Street, Tyne And Wear DH3 1BJ3
£130K09/210.23 mi49, Fellcross, Birtley, Chester Le Street, Tyne And Wear DH3 1BQ3
£162K12/200.24 mi4, Egton Terrace, Birtley, Chester Le Street, Tyne And Wear DH3 1LX3
£125K11/220.25 mi74, Portmeads Rise, Birtley, Chester Le Street, Tyne And Wear DH3 2NW3
£133K03/210.25 mi12, Mount Court, Birtley, Chester Le Street, Tyne And Wear DH3 1DA3
£78.5K07/230.27 mi39, Mitchell Street, Birtley, Chester Le Street, Tyne And Wear DH3 1EP3
£120K04/210.27 mi17, Station Lane, Birtley, Chester Le Street, Tyne And Wear DH3 1DE3
£112K10/210.28 mi14, Bertram Street, Birtley, Chester Le Street, Tyne And Wear DH3 1ET3
£78.5K12/200.28 mi14, Bertram Street, Birtley, Chester Le Street, Tyne And Wear DH3 1ET3
£48K01/210.29 mi5, Queen Street, Birtley, Chester Le Street, Tyne And Wear DH3 1EB3
£134.2K06/210.32 mi1, Hillcroft, Birtley, Chester Le Street, Tyne And Wear DH3 1ND3
£94K12/210.33 mi1, Portobello Way, Birtley, Chester Le Street, Tyne And Wear DH3 2NQ3
£78.5K03/230.34 mi48, Queen Street, Birtley, Chester Le Street, Tyne And Wear DH3 1ED3
£66.5K06/230.35 mi35, King Street, Birtley, Chester Le Street, Tyne And Wear DH3 1EF3
£122K01/210.36 mi69, Mitchell Street, Birtley, Chester Le Street, Tyne And Wear DH3 1EQ3
£98K05/210.39 mi42, Dennison Crescent, Birtley, Chester Le Street, Tyne And Wear DH3 1NN3
£100K08/210.4 mi27, Lavers Road, Birtley, Chester Le Street, Tyne And Wear DH3 1HH3
£115K05/210.41 mi17, Garside Avenue, Birtley, Chester Le Street, Tyne And Wear DH3 1NT3
£129K07/230.42 mi21, Gilliland Crescent, Birtley, Chester Le Street, Tyne And Wear DH3 1NJ3
£157K12/200.43 mi2, Brightlea, Birtley, Chester Le Street, Tyne And Wear DH3 1RL3
£191.4K02/230.43 mi38, Brightlea, Birtley, Chester Le Street, Tyne And Wear DH3 1RL3
£105K06/210.43 mi16, Fellside, Birtley, Chester Le Street, Tyne And Wear DH3 2NE3
£106K12/220.43 mi30, Fellside, Birtley, Chester Le Street, Tyne And Wear DH3 2NE3
£118.7K12/200.45 mi8, Bewicke View, Birtley, Chester Le Street, Tyne And Wear DH3 1RU3
£182.5K03/210.51 mi11, Maddison Gardens, Birtley, Chester Le Street, Tyne And Wear DH3 1GB3
£117.5K01/230.53 mi20, Dennison Crescent, Birtley, Chester Le Street, Tyne And Wear DH3 1NL3
£208K01/230.56 mi42, Leafield Close, Birtley, Chester Le Street, Tyne And Wear DH3 1RX3
£126.5K05/210.56 mi9, Polperro Close, Birtley, Chester Le Street, Tyne And Wear DH3 2NA3
£300K04/230.57 mi13, The Springs, Birtley, Chester Le Street, Tyne And Wear DH3 2NB3

Local Rents

17 rents from £600/mo to £3.3K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£1,19512/240.24 miSycamore Crescent, Birtley, Chester Le Street3
£60012/240.31 miMorris Street, DH33
£75003/250.34 mi-3
£3,30003/250.36 mi-3
£1,10012/240.48 miRobsons Way, Birtley, DH33
£79512/240.56 miPolperro Close, DH33
£1,50012/240.84 miThe Hollys, Birtley, DH33
£1,10001/250.94 mi-3
£75012/240.94 miBerwick Street, Washington3
£75006/240.96 mi-3
£75007/240.96 mi-3
£72512/241.09 miSuffolk Place, Birtley, Chester Le Street, County Durham, DH33
£79506/241.21 mi-3
£75006/241.22 miStridingedge, Washington3
£1,20004/251.22 mi-3
£1,50003/251.22 mi-3
£85012/241.22 mi-3

Links

Local Area Statistics

Population in DH3

25,797

Population in Chester-le-Street

56,377

Town centre distance

2.74 miles away

Nearest school

0.10 miles away

Nearest train station

2.92 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Listed for £125,000

March 7, 2025

Floor Plans

Description

  • NO CHAIN +
  • EXTENDED +
  • NICE OUTLOOK +
  • DECEPTIVELY SPACIOUS +
  • SEPARATE DINING AREA +
  • LARGE REAR YARD +
  • ACCESS TO OPEN GREENERY +
  • DOWNSTIARS BATHROOM +
  • OFF STREET PARKING +
  • VIEWING RECOMMENDED +

* NO CHAIN * EXTENDED * NICE OUTLOOK * DECEPTIVELY SPACIOUS * SEPARATE DINING AREA * LARGE REAR YARD * ACCESS TO OPEN GREENERY *

Offered to the market with the benefit of no onward chain and immediate vacant possession, this extended and deceptively spacious three-bedroom mid-terrace home is located in Daisy Cottages, Birtley, Gateshead, enjoying a pleasant position with access to open greenery.

The internal layout comprises an entrance hallway, a generous lounge leading through to a separate dining area, an extended kitchen, and a family bathroom.

To the first floor, there are three well-proportioned bedrooms, with the two front-facing rooms benefitting from a lovely outlook across open greenery. All bedrooms include built-in storage.

Externally, the property boasts a large rear yard, which may offer the potential for off-street parking, subject to the necessary permissions.

Daisy Cottages is ideally positioned in the heart of Birtley, a well-connected and popular area within Gateshead. The property benefits from excellent transport links, with the A1(M) just a short drive away, providing quick and easy access to Newcastle, Durham, and beyond.

Birtley itself offers a range of local amenities, including supermarkets, independent shops, cafes, and restaurants. Nearby, the Washington Retail Park and The Galleries Shopping Centre offer a wider choice of retail options.

For those who enjoy the outdoors, Ravensworth Park and Birtley Golf Club are within easy reach, while James Steel Park and the scenic areas along the River Wear provide great walking and cycling routes. The property also benefits from access to open greenery directly in front, making it an appealing choice for families, dog walkers, or anyone who enjoys a more natural outlook.

This is an ideal opportunity for first-time buyers, families, or investors looking for a well-located property with plenty of potential.

Ground Floor -

Entrance Lobby -

Lounge - 4.6 x 4.6 (15'1" x 15'1") -

Dining Area - 2.8 x 2.4 (9'2" x 7'10") -

Kitchen - 4.7 x 2 (15'5" x 6'6") -

Bathroom - 2 x 1.8 (6'6" x 5'10") -

First Floor -

Landing -

Bedroom - 3.3 x 2.8 (10'9" x 9'2") -

Bedroom - 4.7 x 2.1 (15'5" x 6'10") -

Bedroom - 3.8 x 2.1 (12'5" x 6'10") -

Agent's Notes - Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating: Gas Central Heating
Broadband: Basic 17 Mbps, Superfast 67 Mbps, Ultrafast 1,000 Mbps
Mobile Signal/Coverage: Good/Average
Tenure: Freehold
Council Tax: Gateshead, Band B - Approx. £1,906 p.a
Energy Rating: TBC

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?

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

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