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Albert Street, Grange Villa, Chester Le Street

North East

£18,000
Listed on 30/03/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terraced home offers a substantial renovation opportunity for those looking to invest. The property is located in Grange Villa, a village near Chester le Street, and is conveniently situated close to local amenities such as shops, schools, and public transport links, making it appealing for both homeowners and renters alike. Inside, the layout encompasses an entrance hallway leading to a generously sized open plan living and dining space, a compact kitchen, and a shower room with WC on the ground floor. The first floor features two well-proportioned bedrooms. Externally, there’s a rear yard which could be enhanced or transformed into outdoor living space. As the property requires comprehensive internal modernization, it presents an excellent canvas for imaginative renovations that can capitalize on its potential.

Investment Analysis

(DH2 area)
Area Average
£176/sq ft
Avg Rent (weekly)
£159
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Albert Street, Grange Villa, Chester Le Street
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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
£65
Based on a loan of £13,500 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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