3-bedroom terraced house · DH2 1JA
Sold STCListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented three-bedroom home offering comfortable and practical accommodation arranged over two floors, ideally suited to first-time buyers, young families and those looking for a move-in ready home in a popular residential setting.
The open-plan lounge and dining room spans the full width of the property, creating a bright and sociable space for everyday living and entertaining, with direct access to the enclosed rear patio, a lovely outdoor space that enjoys a good amount of sunlight and also provides access to a detached garage and useful utility area.
To the first floor, three well-proportioned bedrooms are served by a well-appointed family bathroom, with the principal bedroom benefiting from the added practicality of built-in wardrobes.
Gairloch Drive is situated within the popular village of Pelton, near Chester-le-Street, offering convenient access to local shops, schools and everyday amenities.
Good road links to Chester-le-Street, Durham and Newcastle make this an excellent choice for families and commuters alike.
The internal accommodation comprises: a welcoming entrance hall with stairs to the first floor, useful storage and a convenient ground-floor WC.
To the rear, an open-plan lounge/diner spans the width of the property and overlooks the rear patio. A door gives direct patio access for added convenience.
Off the lounge/diner is a well-equipped kitchen that is fitted with a range of wall and base units and integrated appliances.
The kitchen also enjoys a window overlooking the front garden, allowing plenty of natural light to flood the space.
The first-floor landing gives access to three well-proportioned bedrooms, one of which benefits from built-in wardrobes. A well-appointed family bathroom with a shower over the bath serves this floor.
Externally, to the front, there is a lawned garden with a walkway to the front door.
To the rear, the property features an enclosed patio space with access to a detached garage alongside a useful utility area.
The patio enjoys a good amount of sunlight and provides the ideal space for everyday family life and entertainment.
On The Ground Floor - Entrance Hall - Wc - Store - Lounge/Diner - 3.99m x 5.30m (13'1" x 17'5") - Measurements taken from the widest points.
Kitchen - 3.80m x 2.58m (12'6" x 8'6") - Measurements taken from the widest points. Garage - 4.56m x 2.62m (15'0" x 8'7") - Measurements taken from the widest points.
Utility - 1.79m x 2.62m (5'10" x 8'7") - Measurements taken from the widest points. On The First Floor - Landing - Bedroom - 2.87m x 2.06m (9'5" x 6'9") - Measurements taken from the widest points.
Bedroom - 3.91m x 2.56m (12'10" x 8'5") - Measurements taken from the widest points. Bedroom - 3.87m x 3.14m (12'8" x 10'4") - Measurements taken from the widest points.
Bathroom - 1.81m x 2.06m (5'11" x 6'9") - Measurements taken from the widest points. Disclaimer.
- The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Gairloch Drive, Chester Le Street, DH2
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