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See how verdicts work2-bedroom bungalow · DH2 3DL
Listing removedListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi detached bungalow situated in a highly sought after location within Chester-le-Street.
Currently undergoing a complete refurbishment program, this property will be in ready to move into condition and available with early vacant possession and no onward chain.
Full Description - Semi detached bungalow situated in a highly sought after location within Chester-le-Street.
Currently undergoing a complete refurbishment program, this property will be in ready to move into condition and available with early vacant possession and no onward chain.
Internally the property comprises: newly fitted modern kitchen with integrated appliances and the previous garage has been converted to create a dining area/utility with separate shower.
An inner hallway leads to a spacious lounge with feature bay window, new bathroom suite and 2 double bedrooms both fitted with newly installed fitted wardrobes.
Externally a block paved driveway to the front provides off road parking. Whilst to the rear there's an enclosed garden with laid lawn and paved patio area.
Benefiting from a new central heating system with new boiler and radiators to all rooms, full rewire with consumer unit and two new UPVC double glazed escape windows have been fitted.
All work undertaken is building regs compliant and certificates can be provided. All rooms will be newly carpeted with vinyl flooring fitted in the kitchen and bathroom.
Alternatively the vendor is willing to give any new buyer a £2000 allowance towards floor coverings upon completion.
Chester-le-Street is popular due to its close proximity to both the A1(M) motorway and A167, making it a perfect base for commuting throughout the region.
There are also a wide range of shops and local facilities close by. As well as some well regarded schools for all ages.
Sure to prove extremely popular amongst buyers, therefore early viewings are strongly recommended to avoid disappointment.
Kitchen - 3.31m x 2.67m (10'10" x 8'9") - Range of wall and floor units with laminate worktops and inset stainless steel sink with mixer tap.
Integrated fridge, freezer, electric oven, gas hob and extractor hood. Tiled splashbacks, spotlights, coved ceiling, double radiator and UPVC double glazed door opening onto the driveway.
Dining Area/Utility - 2.03m x 6.37m (6'7" x 20'10") - Double radiator, spotlights and UPVC double glazed rear entrance door to garden.
Enclosed Shower Cubicle - Inner Hallway - Lounge - 5.34 x 3.67 (17'6" x 12'0") - Feature bay window, coved ceiling and double radiator.
Bedroom 1 - 2.33m x 4.84m (7'7" x 15'10") - Double radiator, coved ceiling and a range of fitted wardrobes.
Bedroom 2 - 2.73m x 4.63m (8'11" x 15'2" ) - Double radiator, coved ceiling and a range of fitted wardrobes.
Bathroom - 2.36mm x 1.88m (7'8"m x 6'2") - Newly fitted white suite comprising: low level wc, wash hand basin, panel bath, chrome heated towel rail, airing cupboard and décor panelled walls.
Block Paved Driveway - To the front providing off road parking. Rear Garden - Laid lawn, paved patio area, planted borders and fenced boundaries. Epc. - EPC Rating - EPC Link - Leasehold.
- We have been informed that the property is Leasehold. with a term or 934 years remaining. Interested purchasers should seek clarification of this from their Solicitors. Important Information.
- Please note that all sizes have been measured with an electronic measure tape and are approximations only.
Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves.
We cannot vouch that any of the installations described in these particulars are in perfect working order.
We present the details of this property in good faith and they were accurate at the time of which we inspected the property.
Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warranty in relation to this property.
Property Viewing. - Contact Stuart Edwards Estate Agents for an appointment to view. Property Portals. - We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on Rightmove.co.uk, Zoopla.co.uk & OnTheMarket.com. Free Valuation.
- Our family run business is made up of friendly, professional people who have extensive experience of the housing market.
We understand estate agencies come and go, but Stuart Edwards Estate Agents has consistently secured high levels of sales throughout a 40 year period.
If you would like to arrange a free no obligation valuation, please contact Stuart Edwards Estate Agents today!
Financial Assistance - YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON THE MORTGAGE OR LOANS SECURED ON THE PROPERTY.
Through our association with a leading independent mortgage advisor we can offer the best mortgage deals available anywhere. The Property Ombudsman.
- Membership is held with The Property Ombudsman for sales and lettings. Thanks. - Thank you for accessing these details.
Should there be anything further we can assist with, please contact our office. Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Grasmere Road, Chester Le Street
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