2-bedroom terraced house · DH3 3DP
No longer listedListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO DEPOSIT SCHEME AVAILABLE! Two Bedroom Unfurnished Mid Terraced House located close to the town centre with many amenities.
Accommodation briefly comprises: Entrance lobby, lounge and modern recently fitted kitchen to the ground floor whilst to the first floor there are two bedrooms and a three piece modern bathroom suite.
Externally there is a yard to the rear. Other benefits include gas central heating and double glazing.
With local amenities and public transport links close by the property is sure to prove popular and therefore early viewing is recommended to avoid disappointment.
GROUND FLOOR Entrance door leading to: ENTRANCE LOBBY With double radiator and stairs to the first floor.
LOUNGE 4.24m (13'11) x 3.73m (12'3) With coving to ceiling, feature fireplace with inset gas fire, built in storage cupboard, double radiator feature paper to one wall and windows to both front and rear elevations.
KITCHEN 3.66m (12'0) x 1.96m (6'5) Fitted with a modern range of wall and floor units with contrasting working surfaces, integrated oven, gas hob and hood over, plumbed for automatic washing machine, tiled splashbacks, inset sink with drainer and mixer tap and door leading to rear yard.
FIRST FLOOR LANDING With walk in storage cupboard housing combi boiler.
BEDROOM ONE 4.22m (13'10) x 2.69m (8'10) With radiator and Upvc double glazed window to front BEDROOM TWO 3.18m (10'5) x 2.54m (8'4) With loft access, radiator and Upvc double glazed window to front.
BATHROOM A modern suite comprising panelled bath with shower over and screen, low level w.c., pedestal hand wash basin, tiling to walls incorporating border tile, tiled floor, radiator and Upvc double glazed window to rear.
EXTERIOR Externally there is an enclosed yard to the rear.
The Agent Of The North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations.
Call now on Affordability In order to rent one of our properties, you will need to demonstrate that you can afford the rental payments.
The test that we apply is normally that you must have a total monthly income amounting to 2.5 times the monthly rent or a total annual income of 30 times the monthly rent.
For example, if the rent is £1,000 PCM, then you will need a monthly income of £2,500 or an annual income of £30,000.
You should also advise us if you have any adverse credit history, as this could affect the results of the referencing checks carried out on all prospective tenants.
Deposits Fast and easy renting, secured with flatfair.
A deposit is required before any tenancy can begin and this can amount to up to 5 weeks' rent, so some of our rental properties are available with an optional, No Deposit product, provided by Flatfair.
When this is available, tenants can wave goodbye to costly deposits and it will be possible to secure your new home with a small, one-off check-in fee.
When it's time to go, you'll only pay for damages or unpaid rent you are responsible for. Ask us for full details and don't worry, if you would prefer a traditional deposit, that is always available.
Application To proceed to rent one of our properties, you will have to complete our simple online application forms and upload some ID information.
You will then receive a Holding Deposit Agreement and pay a Holding Deposit of one weeks' rent within our online portal.
The holding deposit will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
Material Information Whilst every care has been taken to prepare these particulars, they are for guidance purposes only.
All measurements are approximate and are for general guidance purposes and they should not be relied upon. Potential tenants are advised to recheck the measurements.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 29 Mbps and a maximum download speed of 1139 Mbps at this postcode: DH3 3DP and mobile coverage is provided by EE, O2, Three, Vodafone.
The checker results are predictions and should not be regarded as guaranteed. Council Tax The GOV.UK website states the property is Council Tax Band: A EPC Rating: D
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Victor Street, Chester-Le-Street
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