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See how verdicts work2-bedroom terraced house · DH2 3LX
For saleListed 762 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity: Two Renovated Homes with Tenants in Place, Generating £1,000 PCM Presenting a unique opportunity to acquire two renovated two-bedroom terrace homes in Grange Villa, both with tenants already in place, generating a combined rental income of £1,000 per calendar month.
Each property boasts a full array of enhancements, including a new kitchen, bathroom, windows, doors, heating system, and electrical rewiring.
The interiors feature new flooring and fresh décor throughout. Both homes offer a spacious layout, with two generously sized bedrooms—the master bedroom in particular is exceptionally large.
The ground floor of each home includes a welcoming lobby, a sizeable lounge, and a modern fitted kitchen, along with a splendid family bathroom.
Additionally, both properties benefit from enclosed rear yards, providing outside space.
Situated in the village of Grange Villa, these homes are ideal for commuters, with excellent road connections and convenient local amenities.
Further shopping and services are available in the nearby towns of Chester Le Street, Stanley, and Birtley.
This is an excellent investment opportunity with immediate rental income and fully tenanted properties, ready for an investor looking to expand their portfolio. Nb.
The photos provided were taken prior to the tenants moving in.
Agent's Notes - Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating: Gas Central Heating Broadband: Basic 15 Mbps, Superfast 80 Mbps, Ultrafast 1,000 Mbps Mobile Signal/Coverage: Average/Poor Tenure: Freehold Council Tax: Durham County Council, Band A - Approx.
£1,621 p.a Energy Rating: C Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities.
Robinsons cannot accept liability for any information provided.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Pine Street & West Street, Grange Villa, Chester Le Street
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