2-bedroom flat · DH3 3FB
For saleListed today
Opportunity summary
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About
* NO ONWARD CHAIN * LARGER STYLE TOP FLOOR APARTMENT * RE-FITTED KITCHEN * BEAUTIFULLY PRESENTED * TWO DOUBLE BEDROOMS * MAIN BEDROOM WITH EN SUITE * LOVELY ELEVATED VIEWS * ALLOCATED AND VISITOR PARKING * TOWN CENTRE LOCATION * Offered for sale with no onward chain is this beautifully presented and particularly spacious two bedroom top floor apartment, occupying an excellent position within a traditionally sought-after residential development in the heart of Chester le Street.
Benefitting from a larger style floorplan, a newly fitted kitchen and attractive elevated views towards Lumley Castle, the property offers an excellent opportunity for a variety of buyers seeking comfortable, low-maintenance living in a highly convenient location.
Accessed via a secure communal entrance, the accommodation comprises an entrance vestibule and hallway leading into a fantastic open-plan lounge, dining and kitchen area.
This bright and inviting living space benefits from a newly fitted kitchen with an attractive range of modern units, together with lovely views across Chester le Street and towards Lumley Castle.
There are two well-proportioned bedrooms, including a generous main bedroom with its own en suite shower room, together with a separate bathroom/WC fitted with a white three-piece suite.
Externally, the development benefits from allocated car parking together with additional visitor parking bays.
Further features include uPVC double glazing, gas central heating and a secure communal entry system.
The apartment enjoys a fantastic town centre location, with an extensive range of shops, supermarkets, cafés, restaurants and everyday amenities within comfortable walking distance.
Chester le Street Railway Station provides convenient connections towards Durham and Newcastle, while nearby road links via the A167 and A1(M) make commuting throughout the region straightforward.
Riverside Park, the Emirates Riverside cricket ground and attractive riverside walks are also nearby.
Agent's Notes - Council Tax: Durham County Council, Band B Tenure: Leasehold, 125 years from 24/04/2003, 101 years remaining. Ground rent £50 per year. Service charge £114 per month.
EPC C Property Construction – Understood to be of standard construction. Number & Types of Rooms – Please refer to the details and floorplan. All measurements are provided for guidance only.
Gas Supply – Mains Electricity Supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile Phone Coverage – Please refer to the Ofcom website: Estimated Broadband Download Speeds – Please refer to the Ofcom website: Building Safety – The vendor is not aware of any building safety issues.
However, we recommend that the purchaser instructs a chartered surveyor to confirm this.
Restrictions – Any covenants affecting the property are contained within the Land Registry Title Register, which is available for inspection.
Selective Licensing Area – No Probate – Not applicable Rights & Easements – None known.
Flood Risk – Please refer to the GOV.UK website: Coastal Erosion – Please refer to the GOV.UK website: Protected Trees – None known.
Planning Permission – We are not aware of any planning applications in the immediate area that would materially affect the property. Accessibility/Adaptations – no lift.
Mining Area – Coal Mining Reporting Area. Further searches may be required by your legal representative.
Disclaimer: Our particulars have been prepared in good faith using publicly available information and details provided by the vendor prior to marketing.
Verification of this information, together with any additional details relating to Material Information Parts A, B and C, should be obtained from your legal representative or the relevant authorities before making any financial commitment.
Robinsons accepts no liability for information that is subsequently amended or for any unintentional errors or omissions.
HMRC Compliance: Anti-money laundering regulations require estate agents to carry out identity checks on purchasers once an offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £60 (inc. VAT) per individual purchaser applies for carrying out these checks.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors 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.
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