2 Bed Terraced House, Single Let, Chester-le-Street, DH2 3LX £140,000

Pine Street & West Street, Grange Villa, Chester Le Street, DH2 3LX - a year ago
BTL
~127

Property History

Listed for £140,000

September 26, 2024

Floor Plans

Description

  • IMPECCABLY RENOVATED +
  • TWO BEDROOM +
  • MID TERRACE HOUSE +
  • ENCLOSED REAR YARD +
  • BRAND NEW KITCHEN +
  • BRAND NEW BATHROOM +
  • NEW WINDOWS AND DOORS +
  • NEW HEATING SYSTEM +
  • REWIRED +
  • NEW FLOORING +

Investment Opportunity: Two Renovated Homes with Tenants in Place, Generating £1,000 PCM

Presenting a unique opportunity to acquire two renovated two-bedroom terrace homes in Grange Villa, both with tenants already in place, generating a combined rental income of £1,000 per calendar month.

Each property boasts a full array of enhancements, including a new kitchen, bathroom, windows, doors, heating system, and electrical rewiring. The interiors feature new flooring and fresh décor throughout. Both homes offer a spacious layout, with two generously sized bedrooms—the master bedroom in particular is exceptionally large. The ground floor of each home includes a welcoming lobby, a sizeable lounge, and a modern fitted kitchen, along with a splendid family bathroom.

Additionally, both properties benefit from enclosed rear yards, providing outside space. Situated in the village of Grange Villa, these homes are ideal for commuters, with excellent road connections and convenient local amenities. Further shopping and services are available in the nearby towns of Chester Le Street, Stanley, and Birtley.

This is an excellent investment opportunity with immediate rental income and fully tenanted properties, ready for an investor looking to expand their portfolio. Nb. The photos provided were taken prior to the tenants moving in.

Agent's Notes - Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating: Gas Central Heating
Broadband: Basic 15 Mbps, Superfast 80 Mbps, Ultrafast 1,000 Mbps
Mobile Signal/Coverage: Average/Poor
Tenure: Freehold
Council Tax: Durham County Council, Band A - Approx. £1,621 p.a
Energy Rating: C

Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com. Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities. Robinsons cannot accept liability for any information provided.

HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted. These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.

Agent Details

Robinsons, Chester Le Street

0191 625 0844

Next Steps?

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