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See how verdicts work3-bedroom bungalow · DH3 3PJ
For saleReduced £25k (−5.6%) on 26 OctListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in one of Chester le Street's most highly regarded residential locations, this magnificent detached bungalow lies just a few minutes' walk from the town centre amenities and schools, whilst being adjacent to Chester le Street's lovely Riverside Park.
It features outstanding character features whilst offering a beautifully appointed and spacious interior. It also includes good-sized, well-kept gardens and a large detached garage.
Properties of this type and calibre are rarely available, and early viewing is strongly advised for those looking for the perfect forever home.
The very spacious layout is enhanced by the high ceilings and abundance of natural light, particularly at the front of the property, which features three large walk-in bay windows; two of which have fitted window seats with storage.
This deceptive bungalow is well screened from the rear access lane. A gate opens to the enclosed westerly facing landscaped garden.
The rear hall has a cloakroom/wc, and opens to the inner halls leading to the main accommodation. There are two large reception rooms and three very well-proportioned double-size bedrooms.
The front rooms include the 18ft living room with multi-fuel stove, the 19ft dining room and the 16ft master bedroom (with views of Lumley Castle), all with large bay windows.
The kitchen/breakfast room includes oak fronted units and integrated cooking appliances. The large family bathroom includes a white four piece suite and an additional large shower enclosure.
From the main hall, a pull-down ladder leads to the very extensive loft space, which spans the full length of the bungalow, including skylight windows with views of Lumley Castle, and offering scope for development of additional living space, subject to planning consent.
Elegance and charm are evident throughout the bungalow, with high corniced ceilings, ceiling roses, high skirtings, oak internal doors and oak flooring.
The specification includes double glazed wooden windows and gas central heating via radiators with a replacement (2024) Baxi combination boiler.
An outstanding, much-loved family home in an absolutely prime residential location.
Holmlands Park is ideally situated between Chester-le-Street's town centre amenities and the attractive Riverside Park area adjacent to the River Wear and First Class County Cricket ground.
It therefore lies within walking distance of the town's many shops, leisure facilities, and Park View school.
The town is an excellent commuter base with good road links to Durham City, Gateshead, Newcastle upon Tyne, and Sunderland.
The town's railway station, also within walking distance, is situated on the main east coast line linking London and Edinburgh, allowing particularly good commuting times to Durham City and Newcastle upon Tyne.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and the National Trading Standards Estate and Letting Agency Team’s Material Information in Property Listings Guidance PART A Local Authority – Durham County Council Council Tax Band – D with Improvement indicator.
If the property has been improved or extended since it was placed in a Council Tax band, a Yes will be shown.
If a Yes is shown, the band will be reviewed and may increase following the sale of the property.
Tenure – Freehold PART B Property Type – Detached Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken are the maximum dimensions available between internal walls unless otherwise indicated Electricity supply – Mains Water Supply – Mains, not metered Sewerage – Mains Heating – Gas boiler with radiators.
Multi fuel stove Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking – Detached garage with a remote-controlled door.
Street parking with permit restrictions. £30 per annum per permit. Prices subject to change. PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engage the services of a chartered surveyor to confirm Restrictions – None Covenants - Covenants which affect the property are contained within the Land Registry Title Register, which is available for inspection.
Selective licencing area – Not included Conservation Area - No Article 4 Planning Restricted area - Included in Article 4 HMO County Durham Constraint Rights & Easements- None Flood risk – Rivers and Seas: Very low.
Surface Water: Low Coastal Erosion – N/A Planning – 2003 Extension. 2018 Addition of pitched roof to garage.
Building Control – 2024 Boiler installation Accessibility/Adaptations – Lateral living accommodation. with large seperate shower Mining Area – Coal Mining Reporting Area.
Further searches may be required. The vendor has made no other Material Information disclosures.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor before 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 judgment 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 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, including buyers, when their offer is accepted.
This must be completed per purchaser, who will become the legal owner(s) of the property in the transaction. 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
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
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FAQ
About Holmlands Park, Chester Le Street, County Durham, DH3
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