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Albert Street, Grange Villa, County Durham, DH2 - Image 5
Albert Street, Grange Villa, County Durham, DH2 - Image 6
Albert Street, Grange Villa, County Durham, DH2 - Image 7
Albert Street, Grange Villa, County Durham, DH2 - Image 8

Albert Street, Grange Villa, County Durham, DH2

North East

£35,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace property in the tranquil village of Grange Villa, situated on the outskirts of Chester Le Street, presents a prime opportunity for investors and renovators. Currently vacant, the home requires internal updates that can unlock its full potential. The layout features a welcoming vestibule leading to a spacious lounge equipped with a fireplace, and a generously sized kitchen at the rear. The first floor includes two bedrooms, with the master benefiting from fitted storage, alongside a family bathroom. An enclosed rear yard provides outdoor space. With immediate vacant possession, you have the flexibility to implement necessary refurbishments before letting it out. Projected rental yields range from £500 to £550 PCM, offering an attractive expected yield between 17.14% and 18.85%, making this property an enticing option for buy-to-let investors looking to enhance their portfolio.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £18,000
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, County Durham, DH2
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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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