2-bedroom house · DH2 3JG
Listing removedListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Early viewing is essential of this realistically priced, spacious, two bedroom ground floor apartment which is situated? On Redesdale Road ideally located? On the?
Popular Waldridge Park Estate. The property is warmed by gas? Central heating, ? Boasting double glazing.? Accommodation comprises: Entrance hall, bedroom two, ? Spacious 14'02x 10'08?
Light & airy lounge leading to a 12'06 x 9'07 conservatory, kitchen fitted with a range of pine wall and base units having contrasting work surfaces, master bedroom having fitted wardrobes.
Externally garden. This spacious ground floor apartment will appeal to? A variety of buyers from investor, to buyers looking to down size to a property on one level.?
The apartment is leasehold with 45 years left on the current lease. Ideal for local amenities having Chester Le Street Town Centre close by?
With a variety of supermarkets, restaurants, bars, cafes, Good transport links via Train or bus to surrounding areas.? Entrance Hallway UPVC composite door, ?
Two storage cupboards, carpet to floor, radiator. Lounge 10'08" x 14'02" UPVC double glazed French doors leading to a spacious? Conservatory, ? Radiator.
Conservatory 9'07" x 12'06" UPVC double glazed French doors and windows, carpet to floor, radiator. Kitchen 9'01" x 7'08" UPVC double glazed window, wall mounted combi boiler, ? Range of?
Pine effect wall and base units? Having contrasting worktops, stainless steel sink, gas hob, electric oven, extractor fan, washing machine, ? Vinyl? Flooring.
Master Bedroom 9'11" x 12'05" UPVC double glazed window to the rear elevation, ? Fitted wardrobes, ? Radiator. Bedroom Two 8'09" x 6'06" UPVC double glazed window to the rear elevation, radiator.
Wet Room 5'07" x 6'05" UPVC double glazed window, fully tiled walls and floor, mains powered shower, vanity unit combo with back to wall w/c and hand basin, heated towel rail.
Externally Paved garden 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
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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 63 Redesdale Road, Chester Le Street
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