This two-bedroom semi-detached property, located in the sought-after village of Ouston near Chester-le-Street, presents a compelling opportunity for those looking to undertake a renovation project. The spacious layout offers a strong foundation for modernisation and enhancement, suggesting significant potential for value increase. Upon completion of the refurbishment, an estimated rental income of around £700 per month could be achievable, positioning this home as a noteworthy investment for both seasoned investors and first-time buyers alike.
The ground floor features a convenient rear porch that leads into a kitchen with adjoining dining room and light-filled lounge with a charming bay window overlooking the extensive garden. A separate entrance hall adds practicality to the design.
Upstairs, two generously sized double bedrooms share access to a family bathroom and an additional WC, providing flexibility in reconfiguration options to create a more contemporary aesthetic.
The property is set on substantial grounds that wrap around three sides of the home. This outdoor space not only allows for landscaping possibilities but also provides room for potential extension (subject to planning permissions), enhancing the property's appeal further.
Situated within Ouston, residents benefit from local shops, schools, and essential amenities, with Chester-le-Street's broader offerings just a short distance away. The area boasts accessible green spaces ideal for outdoor enthusiasts along with excellent transport links including bus services and train routes connecting Newcastle and Durham efficiently. This property is particularly attractive to those seeking an engaging project or promising investment opportunity in today’s market.