We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · DH2 2EJ
Listing removedListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description No upper chain / first time buy or investment opportunity - Not far from Chester-le-Street town centre sits this 2 bedroom mid-terrace on Ridley Avenue.
To be sold with no upper chain, the property is perfectly positioned for easy access to the town as well as several well-regarded schools in the area.
The town offers many excellent transport links by bus and rail for local, regional and national travel, and sits within easy reach of major 'A' roads including the A1.Having recently been redecorated throughout, the property briefly comprises of a spacious and kitchen/diner with newly fitted kitchen, as well as a bathroom all to the ground floor.
The first floor is home to two generous bedrooms with the master bedroom benefitting from built-in storage, while the exterior offers an impressive garden to the front as well as a yard to the rear, all for the price of £95,000.Tenure: FreeholdCouncil Tax Band: Aepc Rating: DRoom DescriptionsEntrance Lobby - Enter via a UPVC front door into a small lobby with laminate flooring, access to a lounge and carpeted staircase to the first floor.
Wall mounted radiator.Lounge - 12'6 x 13'3 (3.85m x 4.05m) - Spacious lounge with laminate flooring, a front-facing UPVC double glazed window, electric fireplace, wall mounted radiator and access to the kitchen/diner at towards the - 7'6 x 16'9 (2.32m x 5.16m) - Tiled flooring, range of base-fitted units with work surfaces and tiled splashback.
Integrated electric oven and separate hob. Space for a washing machine and fridge/freezer.
Stainless steel sink with mixer tap below a rear-facing UPVC double glazed window, wall mounted radiator and access to the rear passage.Rear Passage - Passage way with a built-in cupboard for storage, access to the bathroom and UPVC door to the rear yard.Bathroom - 6'3 x 5'4 (1.92m x 1.64m) - Vinyl flooring with a full-height cladding splashback throughout.
Access to a toilet, wash basin and bath with an overhead electric shower.
Side-facing UPVC double glazed window, wall mounted radiator and extractor fan.First Floor Landing - Carpeted landing with a rear-facing UPVC double glazed window.
Access to 2 bedrooms and loft hatch.Bedroom One - 9'8 x 15'7 (3.01m x 4.79m) - Laminate flooring, front-facing UPVC double glazed window, built-in storage accommodating for a combination boiler.
Wall mounted radiator.Bedroom Two - 10'9 x 10'1 (3.33m x 3.09m) - Laminate flooring, rear-facing UPVC double glazed window and wall mounted radiator.Exterior - Impressive large garden to the front with patio area, yard to the rear.
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
.png)
FAQ
About 7 Ridley Avenue, Chester Le Street
Explore nearby