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3 bedroom terraced house for sale
89 Albert Street, Grange Villa, Chester Le Street, County Durham, DH2 3LS
£5,000
89 Albert Street, Grange Villa, Chester Le Street, County Durham, DH2 3LS
£5,000
Price History
Initial price | £20,000 |
17/06/25 | £5,000 |
Price Change | -75.00% |
Description
This three-bedroom mid-terrace house in Chester Le Street is being sold by online auction on June 25th, 2025, with a guide price of £5,000+. The property is ready for letting and is located in a prime area with strong rental demand, close to key transport links, shops, and amenities. The property has a projected gross yield of 12.55% and potential for capital growth. The current rental potential is £575 per calendar month, generating £6,900 per annum. The property is being sold with a full legal pack available for a quick purchase and completion in as little as 28 days. The seller is looking for a buyer who is willing to complete quickly, making it an attractive opportunity for investors seeking a hassle-free purchase. The property offers various investment strategies, including buy-to-let, HMO, serviced accommodation, and flipping, making it a versatile investment opportunity.