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Thorntons Close, Pelton, Chester Le Street, DH2

North East

£130,000
Listed on 18/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
875 sqft

Description

This semi-detached property presents a unique opportunity for renovation, ideal for first-time buyers looking to add their personal touch. The home features a welcoming porch leading into a spacious lounge, which offers ample potential for reconfiguration or modernisation. The compact kitchen, while functional, may benefit from updates to enhance its usability and aesthetics. A conservatory brings additional light and could serve as a versatile space throughout the year due to its solid roof. Upstairs, you'll find two double bedrooms—one equipped with fitted wardrobes—and a bathroom that could be refreshed for contemporary living. Externally, the property boasts a private garden with both patio and lawned areas, alongside off-street parking and a garage. With the right vision and investment, this home can be transformed into a comfortable family residence in a desirable location.

Investment Analysis

(DH2 area)

Below Market Value

This property is priced -14.1% below area average per sq ft

-14.1%
Potential saving
This Property
£149/sq ft
Area Average
£173/sq ft
Avg Rent (weekly)
£153
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£166,416
10% above area average per sq ft
Potential ROI
+7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (DH2)

Area prices are falling by +3.5% over the last 12 months
3 year growth: -5.2%
5 year growth: 11.8%
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

Thorntons Close, Pelton, Chester Le Street, 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
£476
Based on a loan of £97,500 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