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Blind Lane, Chester Le Street, County Durham, DH3 - Image 1
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Blind Lane, Chester Le Street, County Durham, DH3

North East

£250,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1163 sqft

Description

This detached bungalow, set on a generous quarter-acre plot in Chester le Street, presents a unique opportunity for buyers looking to invest in a property with substantial renovation and expansion potential. The home features a practical layout including a welcoming lobby, spacious living room with a charming bay window and fireplace, two ample double bedrooms, a functional kitchen/breakfast room, conservatory, bathroom/wc, and an attached garage. The sizeable gardens and extensive parking further enhance the property's appeal for those considering future development or modernization. With gas central heating from a newer Baxi combination boiler and uPVC double glazing already in place, the property is structurally sound but would benefit from updates to fully realize its potential. Located in a sought-after residential area within easy reach of local amenities such as shops, schools, Riverside Park, and transport links connecting to Durham City and Newcastle upon Tyne makes this a strategically valuable investment opportunity for astute buyers.

Investment Analysis

(DH3 area)

Above Market Value

This property is priced +12.1% above area average per sq ft

+12.1%
This Property
£215/sq ft
Area Average
£192/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£245,306
10% above area average per sq ft
Potential ROI
-15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DH3)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +11.6%
5 year growth: -0.6%
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

Blind Lane, Chester Le Street, County Durham, DH3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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