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Front Street, Great Lumley, Chester Le Street, DH3

North East

£250,000
Listed on 08/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1281 sqft

Description

This three-bedroom semi-detached house presents a rare opportunity for renovation enthusiasts to craft a remarkable family home in an enviable countryside location. The traditional-style property is set on an elevated position, offering stunning views towards Durham, complemented by a generous garden that maximizes this natural backdrop. A standout feature is the expansive garage measuring over 23ft x 14ft, which holds significant potential for conversion into additional living space with the appropriate planning permissions. Inside, the residence comprises a well-structured layout with two reception rooms and two bathrooms, providing bedroom and bathroom facilities across both floors. The ground floor features a spacious living/dining area, a separate sitting room, kitchen/breakfast room, third bedroom, and shower room. Upstairs are two double bedrooms and a sizeable bathroom. While the property benefits from gas central heating via a Baxi combination boiler and double glazing, it does require refurbishment to realize its full potential. Situated in a village with convenient access to local amenities and major road networks such as the A1(M), this home presents an enticing blank canvas for those looking to invest in an area with strong growth opportunities.

Investment Analysis

(DH3 area)

Above Market Value

This property is priced +3.3% above area average per sq ft

+3.3%
This Property
£195/sq ft
Area Average
£189/sq ft
Avg Rent (weekly)
£170
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£266,249
10% above area average per sq ft
Potential ROI
-8.2%
After renovation
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

Front Street, Great Lumley, Chester Le Street, 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
£902
Based on a loan of £187,500 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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