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Pine Street, Grange Villa, Chester Le Street, Durham, DH2

North East

£45,000

Listed on 22/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Nestled in the charming village of Grange Villa, this two-bedroom property presents a promising opportunity for both investors and those seeking a home renovation project. The absence of a forward chain enhances its appeal, making it an attractive option for quick decisions. Local amenities and public transport links are conveniently nearby, ensuring ease of access to essential services. Upon entry, you will find a spacious open-plan living and dining area that offers flexibility in how you choose to use the space. The kitchen, located at the rear and accessible from the dining room, provides ample opportunity for modernization and reconfiguration to align with personal design preferences. On the upper floor, there are two bedrooms alongside a family bathroom. The principal bedroom is notably generous, featuring built-in storage and enough room for a double bed with additional furnishings. The second bedroom is well-suited for various uses such as a single bedroom, nursery, or home office. A four-piece bathroom suite rounds out the accommodation. Externally, on-street parking is available at the front of the property along with an enclosed yard at the back—ideal for outdoor activities or leisure. This property has substantial renovation potential that can significantly increase its value while allowing you to create a bespoke living environment tailored to your tastes.

Investment Analysis

(DH2 area)
Area Average
£178/sq ft
Avg Rent (weekly)
£148
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
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

Pine Street, Grange Villa, Chester Le Street, Durham, DH2
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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
£170
Based on a loan of £33,750 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.

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