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Pine Street, Grange Villa, Chester Le Street, DH2

North East

£55,000
Listed on 29/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
718 sqft

Description

This two-bedroom terraced property located in the residential area of Grange Villa presents a promising opportunity for those looking to customize their living space or invest in a buy-to-let venture. The ground floor features a generous lounge, an extensive kitchen/diner, a small hallway, and a convenient downstairs W.C. Upstairs are two well-sized double bedrooms along with a family bathroom. Outside, the property benefits from a rear yard that can be transformed into an outdoor retreat. Situated on Pine Street, this home is part of an established community with local shops within easy walking distance. The semi-rural setting provides peace while remaining just a short drive away from Chester le Street and Stanley town centres, offering further amenities. As it currently stands, the property requires some refurbishment, allowing the new owner to tailor updates according to their taste and possibly enhance its value over time.

Investment Analysis

(DH2 area)

Below Market Value

This property is priced -56.5% below area average per sq ft

-56.5%
Potential saving
This Property
£77/sq ft
Area Average
£176/sq ft
Avg Rent (weekly)
£159
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£139,163
10% above area average per sq ft
Potential ROI
+74.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (DH2)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -3.0%
5 year growth: +14.9%
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

Pine Street, Grange Villa, Chester Le Street, DH2
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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
£198
Based on a loan of £41,250 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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