2 Bed Flat, Single Let, Chester-le-Street, DH3 3YJ, £135,000

Bede Court, Chester le Street, DH3 3YJ - 2 views - a month ago

Leasehold

BTL

ROI: 1%

~68 m²

+5 photos

ValuationOvervalued

Sold Prices	£55K - £324K
Sold Prices/m²	£1.1K/m² - £2.4K/m²

Square Metres	~68.11 m²
Price/m²	£2K/m²
Value Estimate	£108,086£108,086

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£33,750£33,750
Stamp Duty & Legal Fees	£7,950£7,950
Total Cash In	£41,700£41,700

Cash Out
Rent Range	£450 - £1,275£450 - £1,275
Rent Estimate	£595
Running Costs/mo	£561£561
Cashflow/mo	£34£34
Cashflow/yr	£410£410
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £55K to £324K, average is £87.3K. £1.1K/m² to £2.4K/m², average is £1.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£110K	06/23	0.01 mi	6a, Bede Court, Chester Le Street, County Durham DH3 3YJ	£1,642	67	2	Flat
£115K	08/22	0.02 mi	24, Bede Court, Chester Le Street, County Durham DH3 3YJ	£1,620	71	2	Flat
£130K	04/22	0.11 mi	10, Central Exchange, Chester Le Street, County Durham DH3 3DX	-	-	2	Flat
£97.5K	07/22	0.18 mi	36, Robertson Court, Chester Le Street, County Durham DH3 3FB	£1,598	61	2	Flat
£132K	09/21	0.19 mi	8, Central Exchange, Chester Le Street, Durham DH3 3DX	£1,953	68	2	Flat
£85K	09/22	0.25 mi	24, The Anchorage, Chester Le Street, County Durham DH3 3QW	£1,771	48	2	Flat
£99K	05/23	0.25 mi	10, The Anchorage, Chester Le Street, County Durham DH3 3QW	-	-	2	Flat
£93K	07/22	0.35 mi	33, Robertson Court, Chester Le Street, County Durham DH3 3FB	£1,368	68	2	Flat
£82K	07/21	0.37 mi	4, Robertson Court, Chester Le Street, County Durham DH3 3FB	£1,206	68	2	Flat
£89K	11/20	0.37 mi	1, Robertson Court, Chester Le Street, Durham DH3 3FB	£1,712	52	2	Flat
£88.5K	05/21	0.37 mi	39, Robertson Court, Chester Le Street, Durham DH3 3FB	£1,485	60	2	Flat
£85K	07/23	0.37 mi	8, Robertson Court, Chester Le Street, County Durham DH3 3FB	£1,364	62	2	Flat
£120K	02/23	0.38 mi	43, Sandringham Court, Chester Le Street, County Durham DH3 3SQ	£1,846	65	2	Flat
£100K	03/23	0.38 mi	32, Sandringham Court, Chester Le Street, County Durham DH3 3SQ	£1,635	61	2	Flat
£104K	07/21	0.38 mi	38, Sandringham Court, Chester Le Street, Durham DH3 3SQ	£1,625	64	2	Flat
£100K	04/23	0.38 mi	42, Sandringham Court, Chester Le Street, County Durham DH3 3SQ	£1,545	65	2	Flat
£125.1K	06/22	0.38 mi	11, Sandringham Court, Chester Le Street, County Durham DH3 3SQ	£1,723	73	2	Flat
£78K	11/20	0.4 mi	34, Union Court, Chester Le Street, Durham DH3 3PA	£1,500	52	2	Flat
£57.5K	08/23	0.4 mi	33, Union Court, Chester Le Street, County Durham DH3 3PA	£1,127	51	2	Flat
£55K	02/23	0.4 mi	12, Union Court, Chester Le Street, County Durham DH3 3PA	-	-	2	Flat
£93.5K	06/22	0.64 mi	102, Highfield Rise, Chester Le Street, County Durham DH3 3UY	£1,640	57	2	Flat
£90K	07/23	0.64 mi	120, Highfield Rise, Chester Le Street, County Durham DH3 3UY	£1,765	51	2	Flat
£94.5K	11/22	0.64 mi	106, Highfield Rise, Chester Le Street, County Durham DH3 3UY	£1,658	57	2	Flat
£90K	09/21	0.66 mi	149, Elmway, Chester Le Street, Durham DH2 2LG	£1,698	53	2	Flat
£83.5K	07/23	0.66 mi	153, Elmway, Chester Le Street, County Durham DH2 2LG	£1,575	53	2	Flat
£86K	06/23	0.7 mi	1, Rosewood Gardens, Chester Le Street, County Durham DH2 2LT	£1,780	48	2	Flat
£80K	02/21	0.7 mi	11, Rosewood Gardens, Chester Le Street, Durham DH2 2LT	£1,568	51	2	Flat
£60K	04/21	0.7 mi	12, Lilac Grove, Chester Le Street, County Durham DH2 2LR	£1,154	52	2	Flat
£78K	10/20	0.7 mi	6, Lilac Grove, Chester Le Street, County Durham DH2 2LR	£1,444	54	2	Flat
£70K	02/23	0.78 mi	58, Chatton Close, Chester Le Street, County Durham DH2 3HU	-	-	2	Flat
£85K	03/21	0.79 mi	39, Glanton Close, Chester Le Street, Durham DH2 3SW	£1,635	52	2	Flat
£78.5K	09/21	0.8 mi	62, Chatton Close, Chester Le Street, Durham DH2 3HU	£1,506	52	2	Flat
£89K	10/21	0.8 mi	60, Chatton Close, Chester Le Street, Durham DH2 3HU	-	-	2	Flat
£91K	08/22	0.8 mi	43, Bowmont Walk, Chester Le Street, County Durham DH2 3JA	£1,717	53	2	Flat
£82K	08/22	0.82 mi	38, Glanton Close, Chester Le Street, County Durham DH2 3SW	-	-	2	Flat
£81.8K	12/20	0.83 mi	7, Bowmont Walk, Chester Le Street, Durham DH2 3JA	£1,572	52	2	Flat
£85K	11/22	0.83 mi	27, Bowmont Walk, Chester Le Street, County Durham DH2 3JA	£1,532	55	2	Flat
£75K	06/23	0.84 mi	32, Bowmont Walk, Chester Le Street, County Durham DH2 3JB	£1,427	53	2	Flat
£85K	05/21	0.84 mi	18, Redesdale Road, Chester Le Street, Durham DH2 3HS	£1,667	51	2	Flat
£59K	11/20	0.84 mi	22, Redesdale Road, Chester Le Street, County Durham DH2 3HS	£1,157	51	2	Flat
£95K	10/22	0.87 mi	21, Barford Drive, Chester Le Street, County Durham DH2 3HR	£1,939	49	2	Flat
£60K	07/23	0.87 mi	2, Thropton Close, Chester Le Street, County Durham DH2 3HW	£1,071	56	2	Flat
£85K	01/23	0.87 mi	4, Thropton Close, Chester Le Street, County Durham DH2 3HW	£1,518	56	2	Flat
£63.5K	05/23	0.88 mi	59, Redesdale Road, Chester Le Street, County Durham DH2 3JG	-	-	2	Flat
£116K	12/22	0.9 mi	25, Lyndhurst Avenue, Chester Le Street, County Durham DH3 4AR	-	-	2	Flat
£115K	04/22	0.9 mi	23, Lyndhurst Avenue, Chester Le Street, County Durham DH3 4AR	-	-	2	Flat
£300K	06/23	0.9 mi	13, The Hermitage, Chester Le Street, County Durham DH2 3RG	-	-	2	Flat
£324K	07/22	0.9 mi	15, The Hermitage, Chester Le Street, County Durham DH2 3RG	£2,418	134	2	Flat
£67.5K	05/21	0.93 mi	50, Norton Close, Chester Le Street, Durham DH2 3JF	£1,298	52	2	Flat
£75K	04/21	0.94 mi	35, Redesdale Road, Chester Le Street, County Durham DH2 3HT	£1,389	54	2	Flat

Local Rents

19 rents from £450/mo to £1.3K/mo, average is £650/mo.

Rent	Date	Distance	Address	Beds	Type
£675	12/24	0.08 mi	-	2	Terraced House
£670	08/24	0.14 mi	-	2	Terraced House
£750	12/24	0.18 mi	Central Exchange, Chester le Street	2	Flat
£625	12/24	0.2 mi	High Chare, Chester Le Street, County Durham, DH3	2	Flat
£450	12/24	0.21 mi	Poplar Street, Chester Le Street, Durham, DH3	2	Terraced House
£650	03/25	0.21 mi	-	2	Flat
£1,275	06/24	0.22 mi	-	2	Flat
£675	12/24	0.26 mi	Prospect Street, Chester Le Street, County Durham	2	Terraced House
£650	12/24	0.26 mi	The Anchorage, Chester Le Street, County Durham, DH3	2	Flat
£650	12/24	0.26 mi	-	2	Terraced House
£725	09/23	0.35 mi	-	2	Flat
£595	12/24	0.39 mi	Robertson Court, Chester Le Street, Durham, DH3	2	Flat
£750	12/24	0.4 mi	-	2	Flat
£625	03/25	0.45 mi	-	2	Terraced House
£595	12/24	0.46 mi	Allen Street, Chester-le-Street, County Durham	2	Terraced House
£695	12/24	0.59 mi	Orchard Terrace, Chester Le Street, DH3	2	Terraced House
£625	12/24	0.59 mi	Pelaw Crescent, Chester Le Street, County Durham, DH2	2	Terraced House
£650	12/24	0.6 mi	Highfield Rise, Chester Le Street, Dh3	2	Flat
£595	12/24	0.61 mi	Jolliffe Street, Chester Le Street, Dh3	2	Flat

Local Area Statistics

Population in DH3	25,79725,797
Population in Chester-le-Street	56,37756,377
Town centre distance	0.30 miles away0.30 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.08 miles away0.08 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+13%+13%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-3%-3%

Property History

Listed for £135,000

March 7, 2025

Floor Plans

Description

All Modern and Neutral Inside. +
Fitted Kitchen +
Deceptively Spacious +
Enclosed Rear Garden +
Off Street Parking +
No Onward Chain! +
Long Lease +

Riverside Residential welcomes to the sales market, with no onward chain, this beautiful two-bedroom ground-floor apartment in the popular area of Bede Court, Chester-le-Street. Featuring a private rear garden and off-street parking, this property is sure to impress.

The property briefly comprises an entrance hallway, lounge, and kitchen/diner with access to a large enclosed rear garden, along with two bedrooms and a bathroom.

Chester-le-Street is a market town on Wearside in the County Durham district, within the ceremonial county of Durham, England. It is located approximately six miles north of Durham and is also close to Sunderland and Newcastle upon Tyne. Situated on the River Wear, which flows into the sea at Sunderland to the east, Chester-le-Street is a family-oriented area offering excellent access to schools, amenities, recreational facilities, and major transport links. These provide easy access to many of the region's major towns and cities, including Durham City, Gateshead, Newcastle upon Tyne, Sunderland, and Darlington.

Entrance:
Entrance into the hallway, neutrally decorated with wood-effect flooring.

Lounge: 13'1" x 12'10" (4.00m x 3.90m)
A great-sized lounge featuring a statement wall, contrasting décor, wood-effect flooring, and access to the kitchen/diner.

Kitchen/Diner: 17'9" x 10'2" (5.40m x 3.10m)
A spacious kitchen/diner with double-glazed windows and French doors leading to the rear garden. It features a wide range of wall and base units with contrasting work surfaces, an integrated electric oven, a built-in microwave, a gas hob with an overhead chrome extractor, and plumbing for all major white goods. Wood-effect flooring completes the space. The dining area continues the décor theme, offering ample room for entertaining.

Bedroom One: 14'5" x 10'2" (4.40m x 3.10m)
A generous double bedroom with a double-glazed window, neutral décor, and a carpeted finish.

Bedroom Two: 13'1" x 6'7" (4.00m x 2.00m)
A spacious second bedroom featuring a double-glazed window, neutral décor, and a carpeted finish.

Bathroom: 9'10" x 4'11" (3.00m x 1.50m)
Fitted with a double-glazed privacy window, a P-shaped bath with an overhead shower and screen, a low-level W/C, and a vanity wash hand basin. The space is completed with tiled walls and a heated chrome towel rail.

External:
To the rear is a large, fully enclosed sunny garden, mostly laid to lawn with a patio area-an ideal space to sit and relax.

Council Tax Band: Band A (Durham County)
Tenure: Leasehold (969 years)

Agent Details

Riverside Residential Property Services, Washington

0191 416 9944

Next Steps?

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

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ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents