3 bedroom terraced house for sale

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3 bedroom terraced house for sale

89 Albert Street, Grange Villa, Chester Le Street, County Durham, DH2 3LS
£25,000

Price History

Initial price £30,000
07/05/25 £25,000
Price Change -16.67%

Description

This three-bedroom mid-terrace property in Chester Le Street, DH2 3LS, is being sold by unconditional online auction on May 29th, 2025, with a guide price of £25,000 to £55,000. The property is ready for letting and benefits from a prime location with strong rental demand, close to key transport links, shops, and amenities. The projected investment figures show a rental potential of £575 per calendar month (£6,900 per annum) and a gross yield of 12.55%. The property is available for a quick purchase with a full legal pack available and completion in as little as 28 days. The buyer can choose from various investment strategies, including buy-to-let, HMO, serviced accommodation, or a flip opportunity, making it an attractive investment opportunity with potential for long-term appreciation and passive income.