2-bedroom terraced house · DH2 3LS
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £43,000 Keyhole Residential welcome to the sale market this immaculately presented, 2 bedroom mid terrace home, located in the village of Grange Villa, which offers direct public transport links to the surrounding towns of Stanley and Chester-Le-Street as well as the regional cities of Newcastle and Sunderland.
This ideal first time buy / buy to let investment property boasts UPVC double glazing, a combination boiler and attractive low maintenance rear yard.
In brief the property comprises of a spacious lounge with double doors opening to the dining kitchen at ground floor level.
At first floor there are two well proportioned bedrooms, the main bedroom offering built in storage and a bathroom.
Full Description Lounge UPVC front door opening to lounge with stairs to first floor.
Attractive fire with surround, coving, carpet flooring, radiator, UPVC double glazed window, tv and telephone points, under stairs storage cupboard.
Kitchen / Dining Area Double glazed window and UPVC door to rear, wood effect laminate flooring, fitted wall and base units with roll top work surfaces.
gas hob / oven with extractor hood, 1 ½ sink unit with mixer tap, tiled walls, plumbed for washing machine and dishwasher, radiator. Landing Carpet flooring, access to loft, coving, radiator.
Bedroom 1 Double glazed window to front, radiator, coving, carpet flooring, fitted wardrobes (one housing the combination boiler), telephone and tv point.
Bedroom 2 Double glazed window to rear, radiator, coving, wood effect laminate flooring.
Bathroom Double glazed window, low level WC, pedestal wash hand basin, panelled bath with mains fed shower over, radiator, vinyl flooring.
Externally On street parking to the front, enclosed yard to the year. Freehold property EPC Rating: C Council Tax Band: A
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Albert Street, Chester-Le-Street, DH2
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