2 Bed Terraced House, Single Let, Chester-le-Street, DH2 3JF, £115,000

Norton Close, Chester Le Street, DH2 3JF - 23 days ago

BTL

ROI: 3%

~68 m²

+9 photos

ValuationUndervalued

Sold Prices	£67K - £260K
Sold Prices/m²	£937/m² - £3.9K/m²

Square Metres	~68.11 m²
Price/m²	£1.7K/m²
Value Estimate	£141,450£141,450
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£28,750£28,750
Stamp Duty & Legal Fees	£6,950£6,950
Total Cash In	£35,700£35,700

Cash Out
Rent Range	£450 - £1,275£450 - £1,275
Rent Estimate	£595
Running Costs/mo	£498£498
Cashflow/mo	£97£97
Cashflow/yr	£1,160£1,160
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £67K to £260K, average is £134.8K. £937/m² to £3.9K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£125K	11/22	0.06 mi	19, Netherton Close, Chester Le Street, County Durham DH2 3SP	-	-	2	Terraced House
£125.5K	12/22	0.06 mi	16, Netherton Close, Chester Le Street, County Durham DH2 3SP	£1,873	67	2	Terraced House
£250K	01/23	0.07 mi	5, Dronfield Close, Chester Le Street, County Durham DH2 3JE	£3,906	64	2	Detached House
£130K	02/23	0.09 mi	21, Netherton Close, Chester Le Street, County Durham DH2 3SP	£2,889	45	2	Terraced House
£109K	07/23	0.1 mi	30, Netherton Close, Chester Le Street, County Durham DH2 3SP	-	-	2	Terraced House
£117.5K	03/23	0.1 mi	25, Netherton Close, Chester Le Street, County Durham DH2 3SP	£1,958	60	2	Terraced House
£165K	06/23	0.14 mi	12, Oakfields, Chester Le Street, County Durham DH2 2XD	£2,857	58	2	Semi-Detached House
£130K	11/22	0.18 mi	7, Elmwood, Chester Le Street, County Durham DH2 2XB	£2,131	61	2	Terraced House
£240K	05/21	0.18 mi	10, Falstone Drive, Chester Le Street, Durham DH2 3ST	-	-	2	Detached House
£127K	12/20	0.19 mi	147, Auckland, Chester Le Street, Durham DH2 2UA	£2,268	56	2	Semi-Detached House
£132K	01/21	0.21 mi	14, West Drive, Chester Le Street, Durham DH2 2XH	£2,200	60	2	Terraced House
£131K	11/20	0.21 mi	104, Auckland, Chester Le Street, Durham DH2 2TZ	£2,382	55	2	Semi-Detached House
£150K	02/23	0.21 mi	104, Auckland, Chester Le Street, County Durham DH2 2TZ	£2,727	55	2	Semi-Detached House
£138K	06/21	0.22 mi	10, Heathfield, Chester Le Street, Durham DH2 2XN	-	-	2	Terraced House
£146K	10/20	0.24 mi	9, Ingram Close, Chester Le Street, County Durham DH2 3JW	£2,607	56	2	Semi-Detached House
£170K	01/21	0.24 mi	7, Ingram Close, Chester Le Street, County Durham DH2 3JW	£3,108	55	2	Semi-Detached House
£160K	12/22	0.27 mi	35, Brantwood, Chester Le Street, County Durham DH2 2UJ	£2,676	60	2	Semi-Detached House
£260K	10/22	0.31 mi	36, Embleton Drive, Chester Le Street, County Durham DH2 3JS	£3,467	75	2	Detached House
£145K	08/21	0.32 mi	66, Brantwood, Chester Le Street, Durham DH2 2UL	£2,417	60	2	Semi-Detached House
£170K	04/23	0.33 mi	3, Thropton Close, Chester Le Street, County Durham DH2 3HW	-	-	2	Detached House
£230K	03/23	0.42 mi	17, Lilburn Close, Chester Le Street, County Durham DH2 3TN	£3,898	59	2	Semi-Detached House
£170K	10/20	0.43 mi	65, Grasmere Road, Chester Le Street, Durham DH2 3EU	£2,329	73	2	Semi-Detached House
£157K	11/20	0.43 mi	83, Grasmere Road, Chester Le Street, County Durham DH2 3EU	£2,181	72	2	Semi-Detached House
£197K	02/23	0.46 mi	69, Grasmere Road, Chester Le Street, County Durham DH2 3EU	-	-	2	Semi-Detached House
£137K	03/21	0.47 mi	1, Esthwaite Avenue, Chester Le Street, County Durham DH2 3HA	£2,076	66	2	Terraced House
£192K	12/20	0.47 mi	2, Esthwaite Avenue, Chester Le Street, Durham DH2 3HA	£2,233	86	2	Semi-Detached House
£77K	01/21	0.49 mi	26, Gray Avenue, Chester Le Street, Durham DH2 2EL	£1,167	66	2	Terraced House
£90K	02/23	0.5 mi	5, Gray Avenue, Chester Le Street, County Durham DH2 2EL	£1,098	82	2	Terraced House
£85K	03/23	0.5 mi	22, Gray Avenue, Chester Le Street, County Durham DH2 2EL	£1,164	73	2	Terraced House
£130K	07/23	0.51 mi	4, Olive Street, Waldridge, Chester Le Street, County Durham DH2 3SQ	£1,615	80	2	Terraced House
£120K	02/21	0.51 mi	2, Lime Street, Waldridge, Chester Le Street, County Durham DH2 3SG	£1,395	86	2	Terraced House
£120K	02/23	0.53 mi	19, Pine Street, Waldridge, Chester Le Street, County Durham DH2 3SF	£1,667	72	2	Terraced House
£102.5K	03/21	0.53 mi	15, Pine Street, Waldridge, Chester Le Street, County Durham DH2 3SF	£1,192	86	2	Terraced House
£100K	11/22	0.56 mi	166, Wynyard, Chester Le Street, County Durham DH2 2TQ	£1,265	79	2	Terraced House
£67K	10/21	0.6 mi	14, Ruskin Avenue, Pelton Fell, Chester Le Street, Durham DH2 2PT	£1,000	67	2	Terraced House
£69.5K	03/21	0.6 mi	30, Ruskin Avenue, Pelton Fell, Chester Le Street, County Durham DH2 2PT	-	-	2	Terraced House
£165K	03/23	0.63 mi	20, Thirlmere Avenue, Chester Le Street, County Durham DH2 3ED	-	-	2	Terraced House
£132.5K	04/21	0.63 mi	17, Thirlmere Avenue, Chester Le Street, Durham DH2 3ED	-	-	2	Semi-Detached House
£160K	03/21	0.63 mi	72, Rydal Road, Chester Le Street, County Durham DH2 3DT	-	-	2	Semi-Detached House
£152.5K	06/21	0.64 mi	1, Katrine Close, Chester Le Street, County Durham DH2 3EF	£2,460	62	2	Semi-Detached House
£138K	10/20	0.64 mi	25, Grasmere Road, Chester Le Street, County Durham DH2 3DL	£2,604	53	2	Semi-Detached House
£169.9K	06/21	0.64 mi	25, Grasmere Road, Chester Le Street, County Durham DH2 3DL	£3,207	53	2	Semi-Detached House
£125K	10/21	0.65 mi	1, Castle Riggs, Chester Le Street, Durham DH2 2DL	£2,119	59	2	Terraced House
£205K	11/21	0.68 mi	2, Caragh Road, Chester Le Street, County Durham DH2 3EA	£3,254	63	2	Semi-Detached House
£116K	11/20	0.69 mi	21, Ashton Rise, Chester Le Street, Durham DH2 2JA	£1,966	59	2	Semi-Detached House
£131K	11/20	0.69 mi	3, Ashton Rise, Chester Le Street, Durham DH2 2JA	£2,079	63	2	Semi-Detached House
£235K	03/23	0.69 mi	7, Caragh Road, Chester Le Street, County Durham DH2 3EA	£3,486	67	2	Detached House
£74K	03/21	0.7 mi	34, The Avenue, Chester Le Street, Durham DH2 2DB	£937	79	2	Semi-Detached House
£195K	11/20	0.77 mi	20, Elvet Green, Chester Le Street, County Durham DH2 2ER	£3,197	61	2	Detached House
£82.5K	10/21	0.8 mi	26, Briarwood Avenue, Pelton Fell, Chester Le Street, Durham DH2 2NP	£948	87	2	Semi-Detached House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£550	12/24	0.07 mi	Hilda Terrace, Chester Le Street, Durham, DH2	2	Terraced House
£650	12/24	0.09 mi	Norton Close Waldridge Park Chester Le Street	2	Flat
£595	12/24	0.26 mi	Chatton Close, Chester Le Street, Durham, DH2	2	Flat
£695	12/24	0.82 mi	Orchard Terrace, Chester Le Street, DH3	2	Terraced House
£725	09/23	0.84 mi	-	2	Flat
£595	12/24	0.84 mi	Robertson Court, Chester Le Street, Durham, DH3	2	Flat
£625	04/25	0.84 mi	-	2	Terraced House
£595	12/24	0.85 mi	Allen Street, Chester-le-Street, County Durham	2	Terraced House
£450	12/24	0.85 mi	Poplar Street, Chester Le Street, Durham, DH3	2	Terraced House
£650	12/24	0.87 mi	-	2	Terraced House
£670	08/24	0.9 mi	-	2	Terraced House
£595	12/24	0.94 mi	Jolliffe Street, Chester Le Street, Dh3	2	Flat
£750	12/24	0.95 mi	Central Exchange, Chester le Street	2	Flat
£675	12/24	0.96 mi	-	2	Terraced House
£625	12/24	1.04 mi	High Chare, Chester Le Street, County Durham, DH3	2	Flat
£650	04/25	1.04 mi	-	2	Flat
£1,275	06/24	1.1 mi	-	2	Flat
£675	12/24	1.13 mi	Prospect Street, Chester Le Street, County Durham	2	Terraced House
£650	12/24	1.15 mi	The Anchorage, Chester Le Street, County Durham, DH3	2	Flat
£625	12/24	1.2 mi	Pelaw Crescent, Chester Le Street, County Durham, DH2	2	Terraced House

Local Area Statistics

Population in DH2	30,57930,579
Population in Chester-le-Street	56,37756,377
Town centre distance	0.80 miles away0.80 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.87 miles away0.87 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 £115,000

March 17, 2025

Floor Plans

Description

End Terrace House +
Two Double Bedrooms +
Driveway to Rear +
Popular Location +
Good Sized Reception Room +
Chain Free +
Tenure: Freehold +
Council Tax Band: A +
EPC Rating: C +

COPELAND RESIDENTIAL are pleased to offer this TWO BEDROOM end Terraced House. The property is well situated within the popular Waldridge Park estate, with a good outlook to the front and rear. The property has a driveway included. The property briefly comprises entrance into porch, good sized reception room & kitchen. To the first floor there are two double bedrooms & a family bathroom. The property is located conveniently close to Chester-le-Street Town Centre, meaning good access to local schools, amenities, and also transport links via the A1, A167, and Chester-le-Street Train Station.
Tenure: Freehold Council Tax Band: A EPC Rating: C Room Descriptions Entrance into porch Reception room - 19'5 x 11'5 (5.95m x 3.52m) - featuring double panel radiator, large double glazed UPVC window to front with vertical blinds & curtain pole, 2 x pendant light fittings, 4 x wall lights, electric fire with marble mantle, TV point, under stair cupboard & stairs to first floor. Kitchen - 8' x 11'5 (2.44m x 3.52m) - featuring double glazed UPVC window to rear, electric oven & hob, extractor fan, plumbing for washing machine, space for fridge/freezer, stainless steel sink & drainer with mixer tap, tiled splash back, double panel radiator, spotlight light fitting & laminate flooring. Stairs leading to first floor landing Bedroom 1 - 9'3 x 9'9 (2.84m x 3.03m) - featuring double glazed UPVC to the front with vertical blinds & curtain pole, fitted sliding wardrobes, single panel radiator, pendant light fitting & carpeted flooring. Bedroom 2 - 11'5 x 10'2 (3.53m x 3.13m) - featuring double glazed UPVC window with vertical blinds & curtain pole to rear, fitted sliding wardrobe, single panel radiator, pendant light fitting & carpeted flooring. Bathroom - 7'5 x 5'5 (2.29m x 1.69m) - featuring double glazed UPVC window to side with roller blind, low level WC, wash hand basin, bath with overhead shower powered by electric, tiled wall coverings, single panel radiator, pendant light fitting & laminate flooring.

Agent Details

Copeland Residential, Chester Le Street

0191 625 0991

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

2 Bed House, Single Let, Chester-le-Street, DH2 3SP

£150,000

21 days ago • 68 m²

2 Bed House, Single Let, Chester-le-Street, DH2 3SP

£125,000

3 months ago • 68 m²

2 Bed House, Single Let, Chester-le-Street, DH2 3JF

£115,000

5 days ago • 68 m²

2 Bed House, Single Let, Chester-le-Street, DH2 3RZ

£150,000

a month ago • 75 m²

2 Bed Terraced House, Single Let, Chester-le-Street, DH2 3JF, £115,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

2 Bed House, Single Let, Chester-le-Street, DH2 3SP

2 Bed House, Single Let, Chester-le-Street, DH2 3SP

2 Bed House, Single Let, Chester-le-Street, DH2 3JF

2 Bed House, Single Let, Chester-le-Street, DH2 3RZ

Cashflows

Local Sold Prices

Local Rents