2 Bed Terraced House, Single Let, Chester-le-Street, DH2 2AZ, £79,950

Bede Terrace, Chester Le Street, DH2 2AZ - 2 views - 18 days ago

BTL
ROI: 10%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£50K - £220K
Sold Prices/m²£737/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£81,637
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£5,198

Total Cash In

£25,185

 

 

Cash Out

 

Rent Range

£450 - £1,275

Rent Estimate

£595

Running Costs/mo

£389

Cashflow/mo

£206

Cashflow/yr

£2,474

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £50K to £220K, average is £82.8K. £737/m² to £3.2K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£78.5K10/210.08 mi21, Station View, Chester Le Street, County Durham DH2 2DF2
£63K10/200.1 mi12, Murray Road, Chester Le Street, County Durham DH2 2AT2
£125K10/210.12 mi1, Castle Riggs, Chester Le Street, Durham DH2 2DL2
£74K03/210.16 mi34, The Avenue, Chester Le Street, Durham DH2 2DB2
£195K11/200.18 mi20, Elvet Green, Chester Le Street, County Durham DH2 2ER2
£60K02/210.2 mi6, Elm Street, Chester Le Street, County Durham DH3 3EA2
£80K10/200.2 mi18, Elm Street, Chester Le Street, County Durham DH3 3EA2
£69K05/210.2 mi14, Elm Street, Chester Le Street, County Durham DH3 3EA2
£65K01/230.21 mi6, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL2
£70K10/200.22 mi9, Tuart Street, Chester Le Street, Durham DH3 3EN2
£77K01/210.22 mi23, Tuart Street, Chester Le Street, Durham DH3 3EN2
£116K11/200.22 mi21, Ashton Rise, Chester Le Street, Durham DH2 2JA2
£131K11/200.22 mi3, Ashton Rise, Chester Le Street, Durham DH2 2JA2
£68K08/210.23 mi17, Pine Street, Chester Le Street, County Durham DH3 3DW2
£58K06/210.24 mi23, Victor Street, Chester Le Street, Durham DH3 3DP2
£50K05/230.24 mi10, Victor Street, Chester Le Street, County Durham DH3 3DP2
£98K04/230.26 mi9, Clarence Terrace, Chester Le Street, County Durham DH3 3DG2
£90K02/230.28 mi5, Gray Avenue, Chester Le Street, County Durham DH2 2EL2
£85K03/230.28 mi22, Gray Avenue, Chester Le Street, County Durham DH2 2EL2
£79K11/200.28 mi5, Hemel Street, Chester Le Street, Durham DH3 3HP2
£77K01/210.3 mi26, Gray Avenue, Chester Le Street, Durham DH2 2EL2
£81K03/210.3 mi11, Ernest Terrace, Chester Le Street, Durham DH3 3HR2
£65K01/210.31 mi6, Adelaide Street, Chester Le Street, County Durham DH3 3HY2
£85K11/210.31 mi1, Cooperative Street, Chester Le Street, Durham DH3 3EX2
£132.5K12/220.38 mi20, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£100K11/220.38 mi166, Wynyard, Chester Le Street, County Durham DH2 2TQ2
£75K02/210.38 mi15, Prospect Street, Chester Le Street, Durham DH3 3TQ2
£116K12/220.39 mi21, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£119K06/230.41 mi18, Glenmore Avenue, Chester Le Street, County Durham DH2 2JQ2
£99K06/230.42 mi20, The Anchorage, Chester Le Street, County Durham DH3 3QW2
£77K12/200.43 mi5, Prospect Terrace, Chester Le Street, Durham DH3 3TN2
£125K10/210.43 mi4, Glen Barr, Chester Le Street, Durham DH2 2JN2
£90K02/230.44 mi16, Baden Street, Chester Le Street, County Durham DH3 3JQ2
£75K03/230.44 mi8, Baden Street, Chester Le Street, County Durham DH3 3JQ2
£78K03/230.44 mi16, Allen Street, Chester Le Street, County Durham DH3 3JG2
£87K04/230.44 mi27, Allen Street, Chester Le Street, County Durham DH3 3JG2
£152.5K06/210.44 mi1, Katrine Close, Chester Le Street, County Durham DH2 3EF2
£83.5K12/220.44 mi15, Baden Street, Chester Le Street, County Durham DH3 3JQ2
£170K02/210.46 mi34, St Cuthberts Avenue, Chester Le Street, Durham DH3 3PS2
£220K10/220.46 mi3, St Cuthberts Avenue, Chester Le Street, County Durham DH3 3PS2
£90K09/210.46 mi3, Glenavon Avenue, Chester Le Street, Durham DH2 2JL2
£75K04/230.46 mi2a, Glenavon Avenue, Chester Le Street, County Durham DH2 2JL2
£93K12/200.46 mi1, Cone Terrace, Chester Le Street, Durham DH3 3QH2
£114K02/210.47 mi27, South Street, Chester Le Street, County Durham DH2 2JG2
£82K05/230.47 mi11, South Street, Chester Le Street, County Durham DH2 2JG2
£85K11/200.48 mi30, Clifford Terrace, Chester Le Street, County Durham DH3 3JN2
£70K02/210.48 mi27, Clifford Terrace, Chester Le Street, County Durham DH3 3JN2
£65K04/210.48 mi18, Clifford Terrace, Chester Le Street, County Durham DH3 3JN2
£65K04/210.48 mi18, Clifford Terrace, Chester Le Street, County Durham DH3 3JN2
£138K10/200.49 mi25, Grasmere Road, Chester Le Street, County Durham DH2 3DL2

Local Rents

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

RentDateDistanceAddressBeds 
£67008/240.22 mi-2
£45012/240.22 miPoplar Street, Chester Le Street, Durham, DH32
£67512/240.23 mi-2
£75012/240.28 miCentral Exchange, Chester le Street2
£65012/240.28 mi-2
£72509/230.33 mi-2
£62512/240.34 miHigh Chare, Chester Le Street, County Durham, DH32
£65004/250.35 mi-2
£59512/240.37 miRobertson Court, Chester Le Street, Durham, DH32
£1,27506/240.39 mi-2
£67512/240.41 miProspect Street, Chester Le Street, County Durham2
£62504/250.43 mi-2
£65012/240.44 miThe Anchorage, Chester Le Street, County Durham, DH32
£59512/240.44 miAllen Street, Chester-le-Street, County Durham2
£69512/240.54 miOrchard Terrace, Chester Le Street, DH32
£75012/240.58 mi-2
£59512/240.6 miJolliffe Street, Chester Le Street, Dh32

Local Area Statistics

Population in DH2

30,579

Population in Chester-le-Street

56,377

Town centre distance

0.24 miles away

Nearest school

0.10 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+12%

Property History

Listed for £79,950

March 28, 2025

Floor Plans

Description

  • No Upper Chain +
  • Ideal 'First Time Buy / 'Buy To Let' +
  • Mid-Terrace +
  • 2 Double Bedrooms +
  • Large Garden To The Rear +
  • Close To Local Amenities + Transport Links +
  • Tenure: Freehold +
  • Council Tax Band: A +
  • EPC Rating: C +

IDEAL FIRST TIME BUY/INVESTMENT OPPORTUNITY - To be sold with no upper chain, this 2 bedroom mid-terrace with gardens on Bede Terrace is ideally located a short distance from the town centre of Chester-le-Street. Sitting just a 5 minute walk away from all the town's local amenities and excellent transport links including national rail, the property makes for an ideal 'first time buy' or 'buy to let'. Briefly comprising of small hallway, lounge, kitchen and small rear porch to the ground floor while to the first floor are 2 double bedrooms and a bathroom. The front exterior has shared gated access with a small garden while the rear is home to a larger private garden. Tenure: Freehold Council Tax Band: A EPC Rating: C Room Descriptions Hallway Enter via a UPVC front door with front-facing double glazed window into a small carpeted hallway with staircase to the first floor and access to the lounge. Wall mounted radiator. Lounge 14'1 x 10'2 (4.92m x 3.10m) Carpeted lounge with a front-facing UPVC double glazed window. Fitted base and wall units as well as a built-in under stairs cupboard. Wall mounted radiator and access for the kitchen to the rear. Kitchen 5'8 x 10'5 (1.76m x 3.20m) Tiled flooring with fitted base and wall units and tiled splashback. Integrated electric oven, gas hob with overhead extractor, under counter fridge and freezer. Space for a freestanding washing machine and dishwasher. Plastic mould sink with mixer tap below a rear-facing UPVC double glazed window. Wall mounted radiator. Hardwood door to a rear porch. Rear Porch Small porch with 2 UPVC doors for access to the front and rear gardens. First Floor Landing Carpeted landing with access to 2 double bedrooms and a bathroom. Rear-facing UPVC double glazed window, raised built-in cupboard. Bedroom One 14'5 x 9'1 (4.41m x 2.77m) Carpeted bedroom with a front-facing UPVC double glazed window, large fitted wardrobes with mirrored sliding doors. Wall mounted radiator. Bedroom Two 10'2 x 9'5 (4.92m x 2.89m) Carpeted bedroom with a front-facing UPVC double glazed window, built-in cupboard with a Baxi combi boiler and rear-facing UPVC double glazed window. Loft hatch and wall mounted radiator. Bathroom 5'2 x 10'5 (1.58m x 3.20m) Laminate flooring, access to a toilet, wash basin and bath with a full height tiled splashback and electric shower. 2 rear-facing UPVC double glazed windows and wall mounted radiator. Exterior Shared gated access to the front as well as a large private garden to the rear.

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 💪