49 Queen Street, Grange Villa, Chester Le Street, County Durham, DH2 3LU

North East

£20,000

Listed on 15/06/2026

Property Details

Bedrooms

Type

Terraced

Description

This two-bedroom mid-terrace house offers a blank canvas for renovation enthusiasts and investors alike. Situated on a residential street in proximity to local shops and amenities, the property is also conveniently located near Riverside Park, making it appealing for potential tenants or buyers looking for green spaces. The layout includes a reception room and kitchen on the ground floor, with two bedrooms and a bathroom upstairs. A rear garden provides additional outdoor space, which could enhance the property's value post-renovation. This home requires a comprehensive refurbishment to unlock its full potential and stands as an excellent investment opportunity.

Investment Analysis

(DH2 area)

Area Average

£178/sq ft

Avg Rent (weekly)

£148

Avg Yield

4.5%

Renovation Potential

Medium 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

Average per month

Market Turnover

25%

Properties sold annually

Local Market Trend (DH2)

Area prices are falling by -8.6% over the last 12 months

3 year growth: -5.2%

5 year growth: +14.6%

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

49 Queen Street, Grange Villa, Chester Le Street, County Durham, DH2 3LU

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£76

Based on a loan of £15,000 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.