2-bedroom house · DH2 1EA
Listing removedListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom terraced house is offered to let in and has been recently updated throughout with new carpets, décor and a new kitchen.
The neutrally decorated accommodation comprises an entrance vestibule leading into a reception lounge, and a fitted kitchen to the rear.
To the first floor there are two bedrooms and a modern bathroom. Externally, the property benefits from on-street parking and a rear yard.
Pelton offers a range of local amenities including convenience stores, takeaways and services, with further extensive shopping, supermarkets and leisure facilities available in nearby Chester-le-Street town centre.
The area provides access to local primary and secondary schools, making it suitable for households seeking education options within the vicinity.
Public transport links are available via local bus routes connecting Pelton with Chester-le-Street, Stanley and surrounding areas.
From Chester-le-Street railway station, services run to Newcastle, Durham and beyond, with journey times to Newcastle typically around 15 minutes and to Durham around 10 minutes, providing useful connections for commuters.
Recreational spaces such as local parks and walking routes are accessible in the wider Chester-le-Street area, including Riverside Park and the facilities around the River Wear.
Road links via the A693 and A1(M) give access to Newcastle, Gateshead and Durham by car. The property has an EPC rating of D and falls within Council Tax Band A.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
CST220170/8 Main Description Lounge (3.53m x 4.23m (11' 7" x 13' 11")) New grey carpet, neutrally decorated.
Kitchen (2.13m x 3.9m (7' 0" x 12' 10")) Traditional style wall and base units, new oven & hob, sink & drainer, Space for washing machine & fridge.
First Floor Master Bedroom (3.27m x 3.19m (10' 9" x 10' 6")) Double bedroom with new grey carpet, neutrally decorated. Storage cupboard.
Bedroom Two (2.67m x 3.2m (8' 9" x 10' 6")) Neutrally decorated, new grey carpet. Bathroom White suite comprising; Bath with rainfall shower over, part tiled walls.
Towel rail, low level w/c and wash basin. External Yard to the rear. Floorplan
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.
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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
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FAQ
About 5, Grange Street, Chester Le Street
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