2 Bed Terraced House, Single Let, Chester-le-Street, DH3 1AW, £185,000

Grove Cottages, Birtley, DH3 1AW - 9 days ago

Leasehold
BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£42K - £285K
Sold Prices/m²£627/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£106,147

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Total Cash In

£56,700

 

 

Cash Out

 

Rent Range

£500 - £825

Rent Estimate

£550

Running Costs/mo

£708

Cashflow/mo

£-158

Cashflow/yr

£-1,897

Gross Yield

4%

Local Sold Prices

50 sold prices from £42K to £285K, average is £103.5K. £627/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£85K11/200.1 mi12, New South Terrace, Birtley, Chester Le Street, Tyne And Wear DH3 1AF2
£105K04/210.18 mi4, Hawkhills Terrace, Birtley, Chester Le Street, Tyne And Wear DH3 1LN2
£81K02/230.22 mi17, Jones Street, Birtley, Chester Le Street, Tyne And Wear DH3 1DZ2
£75K05/210.24 mi6, May Street, Birtley, Chester Le Street, Tyne And Wear DH3 1EU2
£85K12/220.24 mi17, Morris Street, Birtley, Chester Le Street, Tyne And Wear DH3 1DU2
£102K01/230.26 mi15, Ravensworth Road, Birtley, Chester Le Street, Tyne And Wear DH3 1EE2
£95K03/230.3 mi22, Sanders Gardens, Birtley, Chester Le Street, Tyne And Wear DH3 1NB2
£42K10/200.31 mi22, Queen Street, Birtley, Chester Le Street, Tyne And Wear DH3 1ED2
£61.8K03/230.31 mi42, Queen Street, Birtley, Chester Le Street, Tyne And Wear DH3 1ED2
£74K02/230.32 mi55, King Street, Birtley, Chester Le Street, Tyne And Wear DH3 1EF2
£88.5K12/200.32 mi53, Ravensworth Road, Birtley, Chester Le Street, Tyne And Wear DH3 1EN2
£87.3K04/210.32 mi10, Poplar Crescent, Birtley, Chester Le Street, Tyne And Wear DH3 1EH2
£95K07/210.33 mi67, Mitchell Street, Birtley, Chester Le Street, Tyne And Wear DH3 1EQ2
£107.5K01/230.33 mi67, Mitchell Street, Birtley, Chester Le Street, Tyne And Wear DH3 1EQ2
£285K03/230.36 mi8, The Uplands, Birtley, Chester Le Street, Tyne And Wear DH3 1RJ2
£89K07/210.41 mi15, Lavers Road, Birtley, Chester Le Street, Tyne And Wear DH3 1HH2
£70K09/210.44 mi1, Wilfred Street, Birtley, Chester Le Street, Tyne And Wear DH3 2NU2
£78K04/210.44 mi3, Wilfred Street, Birtley, Chester Le Street, Tyne And Wear DH3 2NU2
£94.5K10/200.46 mi9, Hattam Close, Birtley, Chester Le Street, Tyne And Wear DH3 1GE2
£100K08/210.46 mi6, Hattam Close, Birtley, Chester Le Street, Tyne And Wear DH3 1GE2
£60K02/210.5 mi67, Lansbury Drive, Birtley, Chester Le Street, Tyne And Wear DH3 1JR2
£101K11/200.52 mi29, Oliver Crescent, Birtley, Chester Le Street, Tyne And Wear DH3 1NG2
£85K12/200.56 mi54, Glamis Villas, Birtley, Chester Le Street, Tyne And Wear DH3 1JZ2
£64K07/230.56 mi22, Glamis Villas, Birtley, Chester Le Street, Tyne And Wear DH3 1JZ2
£100K03/210.58 mi17, Angel Way, Birtley, Chester Le Street, Tyne And Wear DH3 1GD2
£75K02/230.61 mi3, North Street, Birtley, Chester Le Street, Tyne And Wear DH3 2JJ2
£149.9K05/210.64 mi13, Tamerton Drive, Birtley, Chester Le Street, Tyne And Wear DH3 2LX2
£155K06/210.64 mi22, Tamerton Drive, Birtley, Chester Le Street, Tyne And Wear DH3 2LX2
£93.5K11/210.68 mi77, Windsor Road, Birtley, Chester Le Street, Tyne And Wear DH3 1PQ2
£62.5K04/210.68 mi23, Windsor Road, Birtley, Chester Le Street, Tyne And Wear DH3 1PQ2
£190K11/200.71 mi6, Highfield, Birtley, Chester Le Street, Tyne And Wear DH3 1QQ2
£214K12/220.75 mi31, Dene Court, Birtley, Chester Le Street, Tyne And Wear DH3 1QH2
£220K01/230.75 mi30, Dene Court, Birtley, Chester Le Street, Tyne And Wear DH3 1QH2
£140K01/210.76 mi13, Mallard Close, Washington, Tyne And Wear NE38 0ER2
£220K08/240.76 mi7, Mallard Close, Washington, Tyne And Wear NE38 0ER2
£118.5K03/230.76 mi5, Mallard Close, Washington, Tyne And Wear NE38 0ER2
£120K08/230.79 mi28, Lapwing Close, Washington, Tyne And Wear NE38 0ET2
£150K12/220.79 mi3, Lapwing Close, Washington, Tyne And Wear NE38 0ET2
£129.4K10/200.84 mi16, Turnstone Drive, Washington, Tyne And Wear NE38 0DB2
£202K10/210.84 mi6, Ennerdale, Birtley, Chester Le Street, Tyne And Wear DH3 2LA2
£140K05/230.85 mi11, Wheatear Close, Washington, Tyne And Wear NE38 0DH2
£108K11/220.86 mi6, Nairn Close, Birtley, Chester Le Street, Tyne And Wear DH3 2HF2
£132.5K03/230.86 mi3, Hexham, Washington, Tyne And Wear NE38 0NR2
£132.5K12/200.87 mi5, Greenhead, Washington, Tyne And Wear NE38 0NN2
£138.5K01/230.87 mi10, Bolam, Washington, Tyne And Wear NE38 0NL2
£225K04/210.89 mi11, Kittiwake Drive, Washington, Tyne And Wear NE38 0DW2
£132K05/240.89 mi3, Featherstone, Washington, Tyne And Wear NE38 0ND2
£139K05/230.91 mi61, Berwick, Washington, Tyne And Wear NE38 0NP2
£133.5K12/200.91 mi4, Ponteland Close, Washington, Tyne And Wear NE38 0NX2
£133K10/220.92 mi15, Berwick, Washington, Tyne And Wear NE38 0NT2

Local Rents

16 rents from £500/mo to £825/mo, average is £673/mo.

RentDateDistanceAddressBeds 
£50012/240.26 miMitchell Street, Birtley, Chester Le Street, County Durham, DH32
£60007/240.34 mi-2
£55006/240.35 mi-2
£65003/250.52 mi-2
£70010/230.63 mi-2
£72009/240.63 mi-2
£65012/240.75 miPortobello Terrace, Birtley, Chester Le Street, Chester Le Street, DH3 2JS2
£75012/240.79 miRenfrew Place, Birtley2
£72512/240.79 miLaxford, Birtley, Chester Le Street2
£65012/240.84 miDorset Avenue, Birtley, Chester Le Street, County Durham, DH32
£75012/240.85 mi-2
£82503/250.85 mi-2
£55012/240.87 miYork Road, Birtley, Chester Le Street2
£76003/250.99 mi-2
£62502/251.18 mi-2
£69512/241.23 mi-2

Local Area Statistics

Population in DH3

25,797

Population in Chester-le-Street

56,377

Town centre distance

2.70 miles away

Nearest school

0.20 miles away

Nearest train station

2.88 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

-3%

Property History

Listed for £185,000

March 26, 2025

Floor Plans

Description

  • Characterful & Distinctive Design +
  • Perfect for First-Time Buyers, Young Professionals, Or Families +
  • Spacious & Inviting Lounge With A Large Dining Kitchen +
  • Great Opportunity For A Convenient & Comfortable Lifestyle +
  • Surrounded By A Great Variety Of Local Amenities +
  • Reference : 462921 +

Situated in a prime location close to Birtley Town Centre, this characterful stone-built, double-fronted detached property presents a rare opportunity for first-time buyers, young professionals, or families seeking a distinctive and conveniently located home. Offering a blend of traditional charm and modern comfort, the property enjoys excellent transport and road links via the A1, making it ideal for commuting to Newcastle, Gateshead, Chester-le-Street, and beyond.

Upon entering, you are welcomed into a feature penny entrance lobby, with a staircase leading to the first floor. The ground floor boasts a spacious lounge with feature wood burner and providing a comfortable space to relax and unwind. The large dining kitchen is a standout feature of the home, benefiting from dual aspect windows that allow natural light to flood in, ample space for dining and entertaining, this kitchen is truly the heart of the home.

Ascending to the first floor, you will find two well-proportioned front-facing bedrooms, both offering plenty of space and versatility to suit individual needs. The accommodation is completed by a modern bathroom offering both style and functionality.

Externally, the property benefits from an enclosed garden to the rear, providing a private and low-maintenance outdoor space, perfect for relaxing or outdoor dining.

With its unique design, prime location, and excellent transport links, this property is a fantastic find in Birtley. Early viewing is highly recommended to fully appreciate and avoid disappointment.
ENTRANCE LOBBY
Staircase leading up to first floor.
LOUNGE 4.96m (16'3) x 3.07m (10'1)
A spacious room with feature wood burner. Window to front.
DINING KITCHEN 5.17m (17') x 3.21m (10'6)
A breakfasting kitchen with modern fitted kitchen with built in eye level oven, gas hob with canopy over, feature tiled splashbacks and inset sink with mixer tap. Windows to front and side elevations. Exterior door to garden.
FIRST FLOOR LANDING

MAIN BEDROOM 4.79m (15'9) x 3.34m (10'11)
A spacious double bedroom with built in storage cupboard. Window to front.
FRONT BEDROOM 3.1m (10'2) x 2.74m (9')
A double room with window to front.
BATHROOM 2.4m (7'10) x 2.24m (7'4)
Bathroom comprises panel bath with shower over and screen, pedestal wash hand basin and low level wc.
GARDEN TO REAR
Enclosed garden to rear with patio area.
Tenure
The property is Freehold.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 18 Mbps and a maximum download speed of 18 Mbps at this postcode: DH3 1AW and mobile coverage is provided by Three, O2, Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: B
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: TBC

Agent Details

Andrew Craig, Low Fell

0191 625 0115

Next Steps?

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