2-bedroom house · DH3 3DX
Listing removedListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Copeland Residential offer to the market this stylish penthouse apartment situated in the heart of Chester Le Street walking distance to local shops, schools and local amenities.
Easy commuting to Newcastle and Durham as the train station is less than 5 minute walk. Riverside park is right on your doorstep offering cycle and walking trails.
Emirates cricket ground and Bannatynes Health Club are only a short walk away. This top floor apartment benefits from two double bedrooms, with en-suite to master, white three piece bathroom suite.
The open plan living room and Kitchen are great for entertaining guest with modern high gloss kitchen units and a range of integrated appliances.
The French doors leading onto the balcony in the living area create an abundance of natural light for a spacious modern feel. Viewing is essential to appreciate the beautiful stylish apartment.
EPC Rating D Entrance Hallway 3'10" x 17'2" External Door, Karndean flooring, spotlights to ceiling, storage cupboard, electric heater.
Lounge/Dining/Kitchen/Study Area 12'04" x 33'07" Large open plan with Karndean flooring, spot lighting to ceiling which are raised throughout.
Kitchen/dining area with UPVC double glazed window, black high gloss wall and base units with contrasting granite effect worktops, stainless steel sink, integrated oven, hob, extractor fan, microwave, dishwasher, washer/dryer, Karndean flooring, spot lighting under kitchen units, electric heater.
Lounge area with UPVC double glazed sliding patio doors leading to balcony, electric heater, TV point. Study area with UPVC double glazed window, electric heater.
Master Bedroom 10'4" x 10'6" UPVC double glazed French doors, fitted suite comprises wardrobe, storage unit, bedside tables, headboard, carpet to floor, TV point, electric heater.
En-suite 7'4" x 3'11" UPVC double glazed, shower cubical, low level W/C, wash hand basin, vinyl flooring, spot lights to ceiling, extractor fan, heated towel rail.
Bedroom Two 12'3" x 9'8" UPVC double glazed window, fitted wardrobes, carpet to floor, electric heater.
Bathroom 5'9" x 7'3" UPVC double glazed window, vinyl flooring, panelled bath with over head shower, shower screen, low level W/C, wall mounted hand basin, heated towel, part tiled walls, mirrored wall unit.
External Intercom system, allocated parking Holding fee: £190.00 Bond: £825.00
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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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 14 Central Exchange, Chester Le Street
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