3 Bed Terraced House, Single Let, Chester-le-Street, DH2 2EJ, £100,000

Ridley Avenue, Chester le Street, County Durham, DH2 2EJ - 4 views - a month ago

BTL
ROI: 8%
~93 m²
+6 photos

ValuationUndervalued

Sold Prices£74K - £243K
Sold Prices/m²£783/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£121,015
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£595 - £3,300

Rent Estimate

£675

Running Costs/mo

£468

Cashflow/mo

£208

Cashflow/yr

£2,490

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £74K to £243K, average is £114K. £783/m² to £3.7K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£81.5K07/230.02 mi15, Ridley Avenue, Chester Le Street, County Durham DH2 2EJ3
£105K01/230.1 mi37, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£95K01/230.1 mi24, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£88.5K10/210.11 mi15, Yetholm Avenue, Chester Le Street, County Durham DH2 2EN3
£87K04/210.13 mi5, Third Avenue, Chester Le Street, Durham DH2 2EF3
£101.5K10/210.13 mi49, Delaval, Chester Le Street, County Durham DH2 2EB3
£80K08/230.14 mi33, Bullion Lane, Chester Le Street, County Durham DH2 2DP3
£91.5K04/230.15 mi35, Gainford, Chester Le Street, County Durham DH2 2EW3
£96K06/210.15 mi47, Gainford, Chester Le Street, County Durham DH2 2EW3
£92.5K12/200.15 mi50, Gainford, Chester Le Street, County Durham DH2 2EW3
£232.5K09/210.18 mi11, Castle Riggs, Chester Le Street, Durham DH2 2DL3
£105K06/210.2 mi18, Chiltern Avenue, Chester Le Street, County Durham DH2 3BD3
£120K07/210.2 mi13, Chiltern Avenue, Chester Le Street, Durham DH2 3BD3
£108K05/210.21 mi14, Hambledon Avenue, Chester Le Street, County Durham DH2 3BG3
£114K03/230.21 mi22, Cleveland Avenue, Chester Le Street, County Durham DH2 3BA3
£122K12/220.21 mi18, Malvern Avenue, Chester Le Street, County Durham DH2 3BH3
£110K11/220.23 mi7, Grampian Avenue, Chester Le Street, County Durham DH2 3AY3
£114K02/210.25 mi5, Cotswold Avenue, Chester Le Street, Durham DH2 3BW3
£125K12/200.26 mi53, Chiltern Avenue, Chester Le Street, Durham DH2 3BE3
£120K08/210.26 mi21, Cleveland Avenue, Chester Le Street, Durham DH2 3BB3
£95K05/210.26 mi60, Hambledon Avenue, Chester Le Street, County Durham DH2 3BQ3
£117K11/210.26 mi52, Hambledon Avenue, Chester Le Street, Durham DH2 3BQ3
£138K10/210.26 mi10, Mendip Avenue, Chester Le Street, County Durham DH2 3AS3
£160K11/210.29 mi33, Sidlaw Avenue, Chester Le Street, County Durham DH2 3DD3
£100.1K02/210.29 mi3, Sidlaw Avenue, Chester Le Street, Durham DH2 3DD3
£157.5K04/230.29 mi35, Sidlaw Avenue, Chester Le Street, County Durham DH2 3DD3
£120K03/230.29 mi52, Lowther Avenue, Chester Le Street, County Durham DH2 3BN3
£125K04/210.3 mi52, Cotswold Avenue, Chester Le Street, Durham DH2 3BP3
£110K12/220.3 mi51, Cotswold Avenue, Chester Le Street, County Durham DH2 3BP3
£120K06/210.31 mi27, Pennine Avenue, Chester Le Street, County Durham DH2 3AX3
£189K01/210.31 mi12, Elvet Green, Chester Le Street, Durham DH2 2ER3
£176.9K12/200.32 mi8, Strangford Avenue, Chester Le Street, County Durham DH2 3EX3
£125K11/220.32 mi59, Cotswold Avenue, Chester Le Street, County Durham DH2 3BP3
£135K12/220.32 mi9, Delaval, Chester Le Street, County Durham DH2 2BH3
£119K05/210.33 mi36, Mendip Avenue, Chester Le Street, Durham DH2 3AT3
£94K03/210.33 mi38, Mendip Avenue, Chester Le Street, County Durham DH2 3AT3
£95K02/210.33 mi6, Eighth Avenue, Chester Le Street, Durham DH2 2BE3
£225K05/210.33 mi11, Cartmel Court, Chester Le Street, County Durham DH2 3UA3
£140K02/230.33 mi16, Gibside, Chester Le Street, County Durham DH2 2TS3
£114K12/210.34 mi36, Cumbrian Avenue, Chester Le Street, Durham DH2 3AR3
£137.5K11/210.35 mi42, Moorfoot Avenue, Chester Le Street, County Durham DH2 3AJ3
£243K10/220.36 mi14, Glanton Close, Chester Le Street, County Durham DH2 3SW3
£115K10/220.36 mi9, Katrine Close, Chester Le Street, County Durham DH2 3EF3
£112K02/230.36 mi187, Wynyard, Chester Le Street, County Durham DH2 2TQ3
£136K06/230.37 mi19, Wynyard, Chester Le Street, County Durham DH2 2TG3
£98K11/200.37 mi230, Wynyard, Chester Le Street, County Durham DH2 2TG3
£96K11/220.37 mi11, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL3
£74K03/230.37 mi11, Poplar Street, Chester Le Street, County Durham DH3 3DN3
£88K08/210.38 mi23, Seventh Avenue, Chester Le Street, County Durham DH2 2BP3
£170K08/210.39 mi24, Brinkburn, Chester Le Street, Durham DH2 2UB3

Local Rents

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

RentDateDistanceAddressBeds 
£99512/240.06 miSecond Avenue, Chester Le Street, DH23
£99512/240.06 mi-3
£82501/250.14 mi-3
£1,05012/240.18 mi-3
£70002/240.2 mi-3
£67512/240.26 miWynyard, Chester Le Street, Durham, DH23
£80012/240.33 mi-3
£67512/240.34 mi-3
£70012/240.37 mi-3
£85004/250.37 mi-3
£70012/240.4 miChatton Close, Chester Le Street3
£3,30002/250.41 mi-3
£80004/250.45 mi-3
£80006/240.46 mi-3
£80012/240.46 mi-3
£59512/240.61 miCooperative Street, Chester Le Street3
£82002/250.61 mi-3

Local Area Statistics

Population in DH2

30,579

Population in Chester-le-Street

56,377

Town centre distance

0.39 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £100,000

March 21, 2025

Description

  • Three Bedroom House +
  • Well presented internally +
  • Modern refitted kitchen and bathroom +
  • Gas Central Heating and Double Glazing +
  • Quiet and Sort After Location +

Turnkey Investment Opportunity – Spacious 3-Bedroom Home in Chester-Le-Street. This beautifully refurbished three-bedroom family home in Chester-Le-Street offers a prime investment opportunity with excellent transport links to the A1 and convenient access to shopping destinations such as the Arnison Centre, The Metro Centre, and The Galleries. Please Note: The photos were taken before the current tenant moved in, so the property's condition may have changed. Currently tenanted, this home presents an ideal turnkey investment for landlords. It can be sold with or without the tenant in place, offering flexibility for investors, home movers, or first-time buyers.

Agent Details

Dowen, Durham

0191 625 0118

Next Steps?

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