3-bedroom house · DH3 3NQ
Listing removedListed 99 days
Opportunity summary
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About
Description 3 bedroom family home close to town centre - An amazing opportunity is now available on the popular residential street of lumley terrace.
Perfectly positioned for easy access to the many local amenities in Chester-le-Street, including several well-regarded schools and the world renowned Durham Emirates Cricket Ground.
The town plays a major role as a popular commuter's hub for public transport along with regional and national rail, all connecting to Newcastle, Durham, Sunderland and beyond.
This semi-detached property offers ample living space which flows nicely throughout the ground floor, with a spacious lounge boasting a decorative fireplace feature and open plan aspect with a bright and airy kitchen/diner towards the rear.
The first floor is home to three generous and well-appointed bedrooms along with a bathroom boasting a mains mixer shower.
The front exterior offers a well-presented and maintained garden with a single driveway, along with a gated side access to a private garden towards the rear with a lawn and patio, along with access to a detached garage.
An amazing property in a popular town centre location, all for the fantastic price of £199,950.
Tenure: Freehold Council Tax Band: B EPC Rating: C Room Descriptions Entrance Hall - Enter via a UPVC front door into a long entrance hall with wood flooring.
Offering access to a lounge, kitchen/diner, carpeted staircase to the first floor and under stairs cupboard. Wall mounted radiator.
Lounge - 12'5 x 9'5 (3.82m x 2.90m) - Spacious lounge with wood flooring, a front-facing UPVC double glazed window, decorative fireplace feature, wall mounted radiator and open access to the kitchen/diner.
Kitchen/Diner - 10'2 x 17'4 (3.13m x 5.32m) - A large and spacious kitchen/diner with tiled flooring to the kitchen and wood flooring to the dining area.
Range of fitted kitchen units with work surfaces and tiled splashback. Integrated electric oven and hob with overhead extractor fan. Plumbing for a washing machine and space for a fridge/freezer.
Stainless sink with mixer tap below a rear-facing UPVC double glazed window. UPVC door to the side exterior. Built-in storage accommodating for a Baxi combination boiler.
Wall mounted radiator and wood panel feature to the dining area, along with a double set of UPVC French doors to the rear garden.
First Floor Landing - Carpeted landing with a side-facing UPVC double glazed window. Access to three bedrooms, a bathroom and loft hatch.
Bedroom One - 12'5 x 10'1 (3.82m x 3.10m) - Carpeted bedroom with a front-facing UPVC double glazed window, built-in wardrobe and wall mounted radiator.
Bedroom Two - 10'7 x 10'4 (3.27m x 3.19m) - Carpeted bedroom with a rear-facing UPVC double glazed window and wall mounted radiator.
Bedroom Three - 9'6 x 6'9 (2.92m x 2.11m) - Carpeted bedroom with a front-facing UPVC double glazed window, built-in storage unit and wall mounted radiator.
Bathroom - 5'3 x 6'9 (1.64m x 2.10m) - Tiled flooring and full height tiled splashback, access to a toilet, wash basin and bath with an overhead mains mixer shower.
Rear-facing UPVC double glazed window, wall mounted heated towel rail and extractor fan.
Exterior - To the front is a well-presented, low maintenance garden with a single driveway leading to a gated side access to a larger and private rear garden with a lawn and patio.
There is a detached garage in the rear garden with an 'up and over' door and rear access from the garden.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 17 Lumley Terrace, Chester-Le-Street
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