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See how verdicts work2-bedroom bungalow · DH2 3DL
For saleListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Having undergone an extensive new refurbishment, this outstanding semi-detached bungalow is perfect for those looking for a ready to move into home in a sought-after and convenient location.
The bungalow has a pleasant enclosed back garden and ample parking to the front, so the garage conversion greatly enhances the living space, adding a dining room or office, and a useful separate utility and shower room.
The layout also includes a spacious 17ft living room with a large bay window, two double bedrooms, both measuring over 15ft, a superb, newly refitted kitchen with contemporary units and integrated appliances, and a refitted bathroom/wc with a white suite.
The improved specification includes a replacement heating system with a new Main combination boiler, uPVC double glazing, electrical rewiring, replacement internal doors, and new decoration and floor coverings.
An exceptional bungalow, available with no onward chain. Garden Farm is a sought-after and established development lying a short distance to the west of the town centre.
It is easily accessible to the town, where many shops, schools, and amenities are available.
Chester-le-Street is an excellent commuter base with good road links to Durham City, Gateshead, Newcastle upon Tyne, and Sunderland.
The town's railway station is on the East Coast Line linking London and Edinburgh.
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 – B Tenure – Leasehold Term - 999 years from 1st January 1961 Unexpired term as of August 2026 - 934 years Ground Rent - £9 per annum PART B Property Type – Semi-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 Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking – Off-street parking.
Street parking with no permit restrictions 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 - None 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: Very low Coastal Erosion – N/A Planning – None current Building Control – 2003 FENSA Accessibility/Adaptations – Level access walk-in 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 £35 (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
Agent & docs

FAQ
About Grasmere Road, Chester Le Street, County Durham, DH2
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