2-bedroom bungalow · DH2 3DL
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this two bedroom semi-detached bungalow is located in a much sought after residential area of Chester-le-street.
The property benefits from double glazing, gas central heating, gardens to front and rear, garage, utility and driveway. Close to local shops, amenities, schools and transport links.
The property is well maintained throughout with modern kitchen and bathroom, whilst and offering spacious accommodation with a private rear garden.
Briefly comprising entrance hallway, two bedrooms both with fitted wardrobes, modern bathroom, living room with French patio doors leading into the garden, kitchen and large garage with gardens to both front and rear.
Entrance Hall Lounge (6.20 x 5.12 (20'4" x 16'9")) Kitchen (2.55 x 2.76 (8'4" x 9'0")) Utility Bedroom 1 (3.50 x 4.57 (11'5" x 14'11")) Bedroom 2 (2.63 x 3.03 (8'7" x 9'11")) Bathroom Garage Outside Please Note Please be advised that these for sale details and images have been supplied to us via a third party.
We therefore cannot verify there accuracy and would recommend that you arrange to visit and take a look for yourself.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 31, Grasmere Road, Chester Le Street
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