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Lombard Drive, Chester Le Street, Durham, DH3 - Image 1
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Lombard Drive, Chester Le Street, Durham, DH3

North East

£220,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three to four-bedroom semi-detached residence in Chester-le-Street presents a promising opportunity for those looking to invest in a property with renovation potential. Well-located within a desirable residential area, it offers convenient access to essential amenities, schools, and green spaces, making it ideal for families or investors. The layout spans two levels, offering flexible living options. On the ground floor, you will find two reception rooms that can be tailored to suit your lifestyle needs, alongside a bright conservatory and a functional kitchen. The inclusion of a downstairs shower room enhances practicality. Notably, the former garage has been converted into an additional bedroom or versatile space—perfect for guests or as a home office. Upstairs, there are three bedrooms: two double rooms (one with built-in wardrobes) and a well-proportioned single room, all served by a family bathroom. Externally, off-street parking is available along with front and back gardens, providing outdoor areas that can be further developed according to personal preferences. While some modernization is necessary throughout the property, this allows new owners the chance to make it their own. Chester-le-Street town centre is a short distance away, offering supermarkets, independent shops, and cafés. Its family-friendly community is enhanced by local parks and play areas. Commuters will benefit from nearby transport links including Chester-le-Street railway station for routes to Newcastle and Durham as well as connections via the A1(M). This property is situated in Council Tax Band C and holds strong appeal for families, first-time buyers, and investors seeking value in a project with significant potential.

Investment Analysis

(DH3 area)
Area Average
£189/sq ft
Avg Rent (weekly)
£170
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (DH3)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +7.2%
5 year growth: -1.0%
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

Lombard Drive, Chester Le Street, Durham, DH3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 over 30 years at 4.06% 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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