2-bedroom terraced house · DH2 2EQ
Listing removedReduced £10k (−9.1%) on 23 MayListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* NO CHAIN * MUCH IMPROVED * DRIVEWAY FOR TWO CARS * NEW SHOWER ROOM * ADDITIONAL DOWNSTAIRS BATHROOM * SPACIOUS LOUNGE * RECENTLY REPOINTED * FRONT AND SIDE GARDENS * Offered for sale with no onward chain, this much improved home provides well-proportioned accommodation and benefits from off-street parking for two vehicles.
The property features a new first-floor shower room, an additional downstairs bathroom, and a spacious lounge, making it both practical and comfortable for a range of buyers.
The exterior has also been recently repointed. The floorplan comprises an entrance lobby, comfortable lounge, dining kitchen, rear lobby and a ground floor bathroom.
To the first floor there is a landing, two double bedrooms and a shower room with WC.
Externally, the property enjoys a large front garden, a side garden and a rear yard, along with a driveway providing off-street parking for two cars.
Second Avenue is conveniently located within Chester le Street, a well-established and popular town offering an excellent range of amenities including supermarkets, independent shops, cafés, restaurants and leisure facilities.
The town also benefits from a mainline railway station with direct services to Durham, Newcastle and beyond, making it ideal for commuters.
Road links are equally strong, with easy access to the A1(M) providing straightforward travel across the region.
The area is well regarded for schooling, with a number of primary and secondary schools nearby, and also benefits from good public transport links and everyday services.
Riverside Park is close by, offering pleasant riverside walks, green open spaces and recreational facilities.
This combination of convenience, transport links, schooling and outdoor space makes Second Avenue a particularly practical and popular location for a wide range of buyers.
Ground Floor - Entrance Lobby - Lounge - 4.4 x 2.3 (14'5" x 7'6") - Dining Kitchen - 5.4 x 2 (17'8" x 6'6") - Rear Lobby - Bathroom - 1.9 x 1.6 (6'2" x 5'2") - First Floor - Landing - Bedroom - 3.6 x 3.4 (11'9" x 11'1") - Bedroom - 2.5 x 3.4 (8'2" x 11'1") - Shower Room / Wc - 2.3 x 1.8 (7'6" x 5'10") - Agent's Notes - Council Tax: Durham County Council, Band A - Approx.
£1,701 p.a Tenure: Freehold EPC: D Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – We are 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 within the Land Registry Title Register which is available for inspection.
Selective licencing area – yes Probate – NA Rights & Easements – None known Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – check with seller Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – bedroom changed into shower room / WC, off-street parking added Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out 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
Agent & docs
FAQ
About Second Avenue, Chester Le Street
Explore nearby