2-bedroom terraced house · DH2 3LJ
Sold STCReduced £5k (−9.2%) on 23 MayListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Keyhole Residential are delighted to welcome to the sale market this excellent opportunity to purchase a two bedroom terrace property and shop premises located in Front Street, Grange Villa, Chester-Le-Street.
Yielding a combined rental income of £7800 per annum, this investment opportunity is a must see.
The property is located on Front Street in Grange Villa, Chester-Le-Street which is on an excellent bus route and within a 10 minute drive of Chester-Le-Street town centre which provides a range of high-street stores, services, restaurants and bars.
Description Residential Property Entrance via front door, hallway leading to lounge and kitchen with access from the kitchen to the enclosed rear yard which provides off street parking.
To the first floor there are two spacious bedrooms and a bathroom. Retail Premises Currently rented as a deli, shop consists of one single room area.
Viewings only by prior appointment through our office. Tenure: Freehold EPC Rating: D Council Tax Band: A
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 Front Street, Grange Villa, Chester-Le-Street, DH2
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