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Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 1
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 2
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 3
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 4
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 5
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 6
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 7
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 8
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 9
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 10
Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2 - Image 11

Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2

North East

£260,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1604 sqft

Description

This semi-detached home offers a solid foundation for those looking to invest or renovate in the desirable area of Pelton Fell. With three bedrooms, this property combines spacious living with great potential for modern upgrades, making it suitable for families and a range of buyers seeking to personalize their space. Upon entering, you are greeted by a bright and expansive living room that creates an inviting atmosphere and provides direct access to the kitchen. Adjacent to the living room is a dedicated dining area that flows into a long kitchen equipped with ample space for culinary activities. Beyond the kitchen, you'll find a generous utility room leading to a large garage, which could be repurposed or renovated to suit your needs. The utility room also provides access to the rear garden and side gate, enhancing the practicality of outdoor living. The ground floor further features a versatile reception area currently serving as an office, offering convenience with a downstairs WC—ideal for guests or home-based work. Upstairs, there are three well-sized bedrooms. The master bedroom stands out with its spaciousness and storage options, while the second includes built-in wardrobes. The third bedroom is adaptable enough for use as an office or nursery. All bedrooms boast scenic views of the nearby countryside, contributing to an overall sense of serenity. Externally, the property features a quaint front garden complemented by a private driveway. The rear garden space presents opportunities for landscaping or development—perfect for aspiring gardeners or those looking to enhance their outdoor living experience. This home not only offers comfort but also presents significant renovation potential in a location that balances tranquillity with accessibility to local amenities and Chester-le-Street town centre. Whether you are looking to establish your family home or seeking an investment project, this property warrants consideration.

Investment Analysis

(DH2 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£162/sq ft
Area Average
£179/sq ft
Avg Rent (weekly)
£150
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£316,445
10% above area average per sq ft
Potential ROI
+9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (DH2)

Area prices are falling by +2.3% over the last 12 months
3 year growth: -3.2%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on DH2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Charles Terrace, Pelton Fell, Chester Le Street, Durham, DH2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE