3-bedroom terraced house · DH3 1EU
Sold STCListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on May Street, in Chester Le Street, this three-bedroom, mid-terraced home presents an excellent opportunity for investors.
The property is available to purchase with vacant possession or tenant in situ.
For sale by Modern Method of Auction: Starting Bid Price £50,000 plus Reservation Fee This property is for sale by The Great North Property Auction powered by iam-sold.
Internally the property is made up of a living room, fitted kitchen, three bedrooms and a family bathroom WC. Further benefits include gas central heating and double glazing.
Conveniently positioned, the property enjoys easy access to a range of local amenities including shops, supermarkets, schools, and leisure facilities.
Excellent transport links provide straightforward access to both Newcastle and Durham via the nearby A1(M), making it an ideal location for commuters.
Chester-le-Street also offers attractive riverside walks, parks, and a vibrant town centre, combining everyday convenience with a welcoming community atmosphere.
This property is perfectly suited to those looking for an affordable property in a well-connected location. Early viewing is highly recommended to fully appreciate the accommodation on offer.
Please call for more information. Tenure The agent understands the property to be freehold. However, this should be confirmed with a licenced legal representative. Council Tax Band: A
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 May Street, Chester Le Street
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