3 Bed Terraced House, Single Let, Chester-le-Street, DH2 2DR, £70,000

Bullion Lane, Chester Le Street, DH2 2DR - 3 views - 18 days ago

Auction
BTL
ROI: 16%
~93 m²
+12 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£84,700
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£595 - £3,300

Rent Estimate

£675

Running Costs/mo

£374

Cashflow/mo

£301

Cashflow/yr

£3,615

ROI

16%

Gross Yield

12%

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
£87K04/210.09 mi5, Third Avenue, Chester Le Street, Durham DH2 2EF3
£101.5K10/210.1 mi49, Delaval, Chester Le Street, County Durham DH2 2EB3
£91.5K04/230.12 mi35, Gainford, Chester Le Street, County Durham DH2 2EW3
£96K06/210.12 mi47, Gainford, Chester Le Street, County Durham DH2 2EW3
£92.5K12/200.12 mi50, Gainford, Chester Le Street, County Durham DH2 2EW3
£105K01/230.13 mi37, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£80K08/230.14 mi33, Bullion Lane, Chester Le Street, County Durham DH2 2DP3
£95K01/230.14 mi24, Gray Avenue, Chester Le Street, County Durham DH2 2EL3
£88.5K10/210.14 mi15, Yetholm Avenue, Chester Le Street, County Durham DH2 2EN3
£232.5K09/210.19 mi11, Castle Riggs, Chester Le Street, Durham DH2 2DL3
£105K06/210.23 mi18, Chiltern Avenue, Chester Le Street, County Durham DH2 3BD3
£120K07/210.23 mi13, Chiltern Avenue, Chester Le Street, Durham DH2 3BD3
£108K05/210.24 mi14, Hambledon Avenue, Chester Le Street, County Durham DH2 3BG3
£122K12/220.24 mi18, Malvern Avenue, Chester Le Street, County Durham DH2 3BH3
£114K03/230.25 mi22, Cleveland Avenue, Chester Le Street, County Durham DH2 3BA3
£110K11/220.27 mi7, Grampian Avenue, Chester Le Street, County Durham DH2 3AY3
£114K02/210.27 mi5, Cotswold Avenue, Chester Le Street, Durham DH2 3BW3
£135K12/220.29 mi9, Delaval, Chester Le Street, County Durham DH2 2BH3
£125K12/200.29 mi53, Chiltern Avenue, Chester Le Street, Durham DH2 3BE3
£95K05/210.29 mi60, Hambledon Avenue, Chester Le Street, County Durham DH2 3BQ3
£117K11/210.29 mi52, Hambledon Avenue, Chester Le Street, Durham DH2 3BQ3
£138K10/210.3 mi10, Mendip Avenue, Chester Le Street, County Durham DH2 3AS3
£120K08/210.3 mi21, Cleveland Avenue, Chester Le Street, Durham DH2 3BB3
£95K02/210.3 mi6, Eighth Avenue, Chester Le Street, Durham DH2 2BE3
£140K02/230.3 mi16, Gibside, Chester Le Street, County Durham DH2 2TS3
£160K11/210.3 mi33, Sidlaw Avenue, Chester Le Street, County Durham DH2 3DD3
£100.1K02/210.3 mi3, Sidlaw Avenue, Chester Le Street, Durham DH2 3DD3
£157.5K04/230.3 mi35, Sidlaw Avenue, Chester Le Street, County Durham DH2 3DD3
£120K03/230.32 mi52, Lowther Avenue, Chester Le Street, County Durham DH2 3BN3
£112K02/230.33 mi187, Wynyard, Chester Le Street, County Durham DH2 2TQ3
£225K05/210.33 mi11, Cartmel Court, Chester Le Street, County Durham DH2 3UA3
£189K01/210.33 mi12, Elvet Green, Chester Le Street, Durham DH2 2ER3
£125K04/210.33 mi52, Cotswold Avenue, Chester Le Street, Durham DH2 3BP3
£110K12/220.33 mi51, Cotswold Avenue, Chester Le Street, County Durham DH2 3BP3
£136K06/230.33 mi19, Wynyard, Chester Le Street, County Durham DH2 2TG3
£98K11/200.33 mi230, Wynyard, Chester Le Street, County Durham DH2 2TG3
£120K06/210.34 mi27, Pennine Avenue, Chester Le Street, County Durham DH2 3AX3
£125K11/220.35 mi59, Cotswold Avenue, Chester Le Street, County Durham DH2 3BP3
£176.9K12/200.35 mi8, Strangford Avenue, Chester Le Street, County Durham DH2 3EX3
£185K10/200.36 mi11, Glanton Close, Chester Le Street, County Durham DH2 3SW3
£88K08/210.36 mi23, Seventh Avenue, Chester Le Street, County Durham DH2 2BP3
£170K08/210.36 mi24, Brinkburn, Chester Le Street, Durham DH2 2UB3
£119K05/210.36 mi36, Mendip Avenue, Chester Le Street, Durham DH2 3AT3
£94K03/210.36 mi38, Mendip Avenue, Chester Le Street, County Durham DH2 3AT3
£243K10/220.36 mi14, Glanton Close, Chester Le Street, County Durham DH2 3SW3
£137.5K11/210.37 mi42, Moorfoot Avenue, Chester Le Street, County Durham DH2 3AJ3
£114K12/210.37 mi36, Cumbrian Avenue, Chester Le Street, Durham DH2 3AR3
£96K11/220.38 mi11, Finchdale Terrace, Chester Le Street, County Durham DH3 3DL3
£74K03/230.38 mi11, Poplar Street, Chester Le Street, County Durham DH3 3DN3

Local Rents

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

RentDateDistanceAddressBeds 
£99512/240.1 miSecond Avenue, Chester Le Street, DH23
£99512/240.1 mi-3
£82501/250.12 mi-3
£1,05012/240.17 mi-3
£67512/240.22 miWynyard, Chester Le Street, Durham, DH23
£70002/240.23 mi-3
£80012/240.3 mi-3
£67512/240.32 mi-3
£85012/240.34 mi-3
£70012/240.38 mi-3
£80004/250.41 mi-3
£70012/240.42 miChatton Close, Chester Le Street3
£3,30003/250.42 mi-3
£80012/240.43 mi-3
£80006/240.48 mi-3
£59512/240.6 miCooperative Street, Chester Le Street3

Local Area Statistics

Population in DH2

30,579

Population in Chester-le-Street

56,377

Town centre distance

0.36 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 £70,000

March 28, 2025

Floor Plans

Description

  • To Be Sold Via Secure Sale +
  • 3 Bedroom End Terrace +
  • Gardens Front + Rear +
  • Some Light Modernising Required +
  • Close To Town Centre Amenities +
  • Tenure: Freehold +
  • Council Tax Band: A +
  • EPC Rating: C +

Guide Price £70,000+ We are pleased to offer For Sale via Option A – Unconditional Online Auction, this well presented, three-bedroom end-terrace on 24th April 2025. Offered with vacant possession, this superb home, with spacious garden will suit a range of potential buyers. The layout briefly comprises hallway with staircase to first floor, large lounge and modern kitchen/diner, including a range of fitted base and wall units with contrasting surface. To the rear of the property is a lobby with useful storage cupboard and access to both the garden and white family bathroom. Upstairs is a storage cupboard and three good sized bedrooms. The property benefits from UPVc double glazing, combi boiler and large gardens to both front and rear. Within walking distance to Chester le Street, this fantastic home is conveniently located for excellent schooling, with a range of both Primary and Secondary Schools. With endless local amenities close by including Tesco, Aldi, Costa Coffee and many others, everything really is ‘on the doorstep'. Countryside walks are accessible with Waldridge Fell and the Riverside Park within one mile. The train station is only a minutes walk and nearby A1M directly accessible, making the property perfect for a commuter. Suiting a family, first time buyer or investor seeking a BTL investment, matched with a realistic asking price, we anticipate high interest. Viewings strictly by appointment only. Tenure: Freehold Council Tax Band: A EPC rating: C For more information, please contact Moovd directly. Room Descriptions Hallway - UPVc front door, staircase to first floor. Lounge - 4.40 x 4.07 (14'5" x 13'4") - UPVc double glazed window to front, radiator. Kitchen/ Diner - 5.36 x 2.21 (17'7" x 7'3") - UPVc double glazed window to rear, storage cupboard, fitted with a range of base and wall units with contrasting work surface, stainless steel sink with mixer tap and drainer unit, integrated oven and gas hob, extractor hood, wall mounted combi-boiler, plumbed for washing machine, radiator. Rear Lobby - UPVc door into rear garden, storage cupboard. Family Bathroom - UPVc double glazed frosted window to side, white suite including paneled bath with electric shower over, pedestal hand basin, WC, extractor fan, radiator, tiles to walls and floor. Landing - Storage cupboard, staircase to ground floor. Bedroom 1 - 3.61 x 3.27 (11'10" x 10'8") - UPVc double glazed window to front, radiator. Bedroom 2 - 3.28 x 2.65 (10'9" x 8'8") - UPVc double glazed window to rear. Bedroom 3 - 2.48 x 1.93 (8'1" x 6'3") - UPVc double glazed window to front, radiator. External - Large garden to front, mainly laid to lawn with patio area and gated access. To rear is a garden with turfed and patio area, with gated access. Auctioneers Comments Option A - Online Unconditional Auction: The above property is offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd's policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this. Guide Price: Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time during the timed Auction. Prospective purchasers should also be aware that the eventual Sale Price may be above or below the Guide Price and should therefore not presume the Guide to be indicative of the final expected Sale Price or the price the property is available at. Reserve Price: The property is offered subject to a Reserve Price (a figure below which Moovd the Auctioneer cannot sell the property during the timed Online Auction). The Reserve Price will be set somewhere within the Guide Range or no more than 10% above a single figure Guide Price. N.B. The Reserve Price may be either below or above the quoted Guide Price. Anti Money Laundering Regulations It is Moovd's policy that ALL BUYERS ARE WITHOUT FAIL AML CHECKED at point of offer via signing our Bidder Registration Form. All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process or if they make an acceptable Pre-Auction offer, we would ask for your assistance in order for there to be no delay in agreeing the sale. In addition, we may also ask for proof of funding, where required. Legal Pack: Each property has a valid Legal Pack, which is a set of documentation prepared by the seller's solicitor relating to the property being offered for sale. The legal documentation enables all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. We recommend you seek the counsel of a solicitor prior to proceeding with any property purchase. The Legal Pack is available to download via the property details on our website. Moovd take no responsibility in the accuracy of the documents contained within the Legal Pack. Particulars: Moovd have taken reasonable care to prepare particulars that correctly describe each property. The particulars are based on information supplied by or on behalf of the seller. You need to check that the information in the particulars is correct. If we provide information, or a copy of a document, we do so only on the basis that we are not responsible for the accuracy of that information or document. The particulars and the sale conditions may change prior to the timed Online Auction and it is your responsibility to check that you have the correct versions. If the special conditions do not contain a description of the property, you take the risk that the description contained in the particulars is incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract. Viewings: Most of our properties are available to be viewed, strictly by appointment only. Bidding: Pre-Auction bids may be placed via our website:
In order to submit a bid upon any property being marketed by us, all bidders/buyers will be required to adhere to a verification and identity process in accordance with our Anti Money Laundering procedures. Please be aware that any inquiry, bid or viewing of the property will require your details to be shared between both the marketing agent and the Auctioneer in order that all matters can be dealt with effectively. We would ask for your co-operation so there will be no delay in agreeing the sale.

Agent Details

Copeland Residential, Chester Le Street

0191 625 0991

Next Steps?

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