3-bedroom terraced house · DH2 1DX
To rentListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to welcome to the rental market this beautifully presented three-bedroom property, ideally situated on Constance Street in the popular residential area of Pelton, Chester-le-Street.
The property has recently undergone a comprehensive refurbishment and has been finished to a very high standard throughout, creating a stylish and comfortable home ready for its new occupants.
Offering spacious and versatile accommodation, the property benefits from a generous living room, impressive newly fitted kitchen/diner, three well-proportioned bedrooms and a modern family bathroom with separate shower cubicle.
Externally, the property continues to impress, with a newly landscaped, low-maintenance paved garden to the front and an enclosed rear yard complete with useful storage shed.
Further benefits include gas central heating via a combi boiler and double glazing throughout.
With its fresh, modern finish, generous accommodation and convenient location, this property would make an ideal home for a couple or family.
Early viewing is highly recommended to fully appreciate the standard and size of accommodation on offer. Contact Pattinson Estate Agents today to arrange your viewing.
Constance Street is situated within the popular village of Pelton, conveniently positioned for access to a range of local amenities including shops, schools and everyday services.
The nearby town of Chester-le-Street provides a wider selection of shopping, leisure and recreational facilities.
The property is also well placed for commuters, with good road and public transport links providing access to Chester-le-Street, Stanley, Durham and Newcastle.
The A1(M) is within easy reach, making the location particularly convenient for those travelling throughout the wider North East.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: A Deposit: 894.23 Living Room (5.46m x 4.57m) A bright, well-proportioned reception room with a double glazed window to the front aspect, electric feature fire, central heating radiator, television point, carpeted flooring, and staircase rising to the first floor.
Kitchen / Diner (5.43m x 2.46m) A newly-fitted, well-equipped kitchen fitted with a range of wall and base units, roll-top work surfaces and a stainless steel sink unit with mixer tap.
Integrated electric oven and hob with extractor hood, along with a washing machine. Large dining area.
A double glazed window and door open to the rear yard, creating a light and practical space, finished with vinyl flooring and central heating radiator. Cupboard housing the combi boiler.
First Floor Landing Landing area with doors leading to all three bedrooms and the bathroom.
Includes a useful storage cupboard housing the consumer unit and electricity meter, central heating radiator, and carpeted flooring.
Bedroom 1 (3.50m x 2.88m) A well-proportioned bedroom featuring a double glazed window to the front aspect, central heating radiator, and carpeted flooring.
Bedroom 2 (3.09m x 2.48m) A well-proportioned double bedroom benefiting from a double glazed window to the rear aspect, central heating radiator, and carpeted flooring.
Bedroom 3 (3.50m x 2.46m) A versatile single bedroom with double glazed window to the front aspect, central heating radiator, and carpeted flooring ideal as a child's room, home office, or study.
Family Bathroom (2.46m x 2.26m) A well-appointed bathroom featuring a double glazed window, panelled bath, separate shower cubicle, low-level WC, pedestal wash hand basin, and a chrome towel radiator.
Finished with vinyl flooring for practicality and ease of maintenance. Externally To the front: A low maintenance newly-landscaped paved front garden with gated access to the street.
To the rear: A spacious yard with gated access to the back lane.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About 8, Constance Street, Chester Le Street
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