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Kingsmere, Chester Le Street, County Durham, DH3 - Image 1
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Kingsmere, Chester Le Street, County Durham, DH3 - Image 3
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Kingsmere, Chester Le Street, County Durham, DH3 - Image 9
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Kingsmere, Chester Le Street, County Durham, DH3

North East

£150,000
Listed on 25/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom semi-detached bungalow in the desirable Kingsmere area presents an opportunity for those looking to invest in a property with significant potential for modernization. Constructed by McCullough, it features generous living spaces including a 17ft lounge/dining room, an inner hall, two double bedrooms, and a bathroom. The well-proportioned layout includes a kitchen that can be updated to meet contemporary standards. With gardens at both the front and rear, along with a lengthy block-paved driveway and a spacious 22ft garage, there is ample scope for enhancing outdoor living. While the property currently requires some updating, it offers buyers the chance to realize their vision of a dream home tailored to their personal taste. Additionally, its no onward chain status adds appeal for those looking to move quickly. Set in the popular North Lodge district of Chester-le-Street, residents benefit from easy access to local amenities and excellent transport links to Durham City, Gateshead, Newcastle upon Tyne, and Sunderland.

Investment Analysis

(DH3 area)
Area Average
£183/sq ft
Avg Rent (weekly)
£165
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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
19%
Properties sold annually

Local Market Trend (DH3)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 11.3%
5 year growth: 4.4%
Investment Disclaimer: Analysis based on DH3 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

Kingsmere, Chester Le Street, County Durham, DH3
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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
£549
Based on a loan of £112,500 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