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3 bedroom terraced house for sale
89 Albert Street, Grange Villa, Chester Le Street, County Durham, DH2 3LS
£25,000
89 Albert Street, Grange Villa, Chester Le Street, County Durham, DH2 3LS
£25,000
Our Summary
- Guide Price £25,000 - £55,000 For sale by unconditional online auction on the 29th of May 2025
- Investment Gem: 3-Bed Mid Terrace Property for Sale by Online Auction High Yield Potential of 12
- Description Three Bedroom Mid Terraced House for Sale Property Overview Location: 89 Albert Street, Chester Le Street, DH2 3LS Property Type: Mid Terrace House Bedrooms: 3 Bathrooms: 1 Tenure: Freehold Tenancy Status: SOLD VACANT Investment Strategy: Buy-to-Let Key Features Ready for Letting Prime Location with Strong Rental Demand Close to Key Transport Links, Shops & Amenities Full Legal Pack Available for Quick Purchase Completion in as little as 28 Days Projected Investment Figures Rental Potential: £575 PCM / £6,900 PA Projected Gross Yield: 12
- 55% Potential for Capital Growth Investment Strategy & Exit Options Buy-to-Let: Long-term passive income with stable rental returns
- Serviced Accommodation: Short-term rental potential for increased profits
- Growing rental market in a high-demand location Strong potential for long-term appreciation Hassle-free purchase with full legal pack available Secured sale with no chain & quick 28-day completion Interested
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.