2-bedroom terraced house · DH3 2EG
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale under the Government Affordable Housing Scheme, this is an excellent opportunity to purchase a recently built, high-calibre Avant home at a fantastic price, discounted by 20% from its normal open market value.
Beautifully presented throughout, the property offers an excellently designed open-plan living space, with bi-folding doors creating a seamless indoor-outdoor experience across the entire ground floor, while enjoying a private rear aspect that is not overlooked.
The ground floor comprises an open-plan hall and kitchen/lounge, with integrated appliances fitted within a modern kitchen finished to a superb standard.
The lounge is a lovely, versatile space, previously used for working from home, while also providing a great area for entertaining or relaxing.
Upstairs, there are two double bedrooms and a modern bathroom.
Externally, there is a driveway, a path leading to rear garden access, and a beautifully lawned garden with the added benefit of not being overlooked.
Hylands Close forms part of this prestigious Barley Gate development by the award-winning nationwide housebuilder Avant Homes. It offers ready access to nearby Chester-le-Street and Birtley.
Its location makes it ideal for those wishing to commute to Durham City, Gateshead, Team Valley, the Metro Centre, Newcastle upon Tyne and Sunderland, having immediate access to the A1M and A167.
Material Information PART A Local Authority – Durham County Council Council Tax Band – B Tenure – Freehold PART B Property Type – Terraced Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply – Mains- Metered Heating - Gas Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – PART C Building Safety – (The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – The Property is not in a selective licencing area. Article 4 Planning Restricted area - The Property is in an Article 4 Planning Restricted area.
Rights & Easements- There property has no rights and easements.
Flood risk –Very low Surface Water- Very low Coastal Erosion – n/a Planning Permission – no planning applications in the locality Accessibility/Adaptations – Small Lip on front door for access, wide doors for wheelchair access Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for 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
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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 advisors 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 Hylands Close, Chester Le Street, County Durham, DH3
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