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Albert Street, Grange Villa, Chester Le Street

North East

£35,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This vacant two-bedroom mid-terrace property, located in the tranquil village of Grange Villa on the outskirts of Chester Le Street, presents an excellent opportunity for renovation. The home features a vestibule leading to a spacious lounge with a fireplace and a generously sized fitted kitchen at the rear. Upstairs, there are two bedrooms, including one with built-in storage, and a family bathroom. The enclosed rear yard offers additional outdoor space. Given its current condition, the property is primed for internal updating, making it an attractive option for investors looking to enhance their rental portfolio. With expected rental yields of between £500 and £550 per month, this property could deliver significant returns post-renovation. Immediate vacant possession allows for swift commencement of any refurbishment works.

Investment Analysis

(DH2 area)
Area Average
£178/sq ft
Avg Rent (weekly)
£147
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DH2)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -5.8%
5 year growth: +12.7%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£125
Based on a loan of £26,250 over 30 years at 3.97% 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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