Front Street, Pelton, Chester Le Street, Durham, DH2
By Reeds Rains
£ 60,000
Reviews
2 out of 5 stars
Reeds Rains says ..
This delightful 2 bedroom first-floor flat, offering privacy with its own entrance and located above a shop in a prime area with excellent transport links and amenities, is a cost-effective investment opportunity with a potential rental return of £500 per month.
Property Oracle says ..
The property is a 2-bedroom apartment located in Pelton, a small village near Chester-le-Street. The location is reasonable, with a primary school nearby and a train station within a reasonable distance. However, more information on local amenities is needed for a complete assessment. The property appears to be in fair condition, needing some modernisation. The kitchen and bathroom are functional but could benefit from upgrades. The list price of £60,000 is significantly lower than the average house price in the area, but the absence of square footage data makes a precise comparison difficult. Considering the need for modernisation, the small size (likely given it is an apartment), and the lower average prices of nearby terraced houses, the list price may represent reasonable value, although further information is needed to make a definitive statement.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 0
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 126,989.00 £Decreased by 23.79 %
- Average area rental value
- 829.00 £/moIncreased by 6.69 %
- Est rental Yield
- 7.83 %Increased by 39.82 %
- Crime Rate
- 37.00 %Unchanged by 0.00 %
Agent Activity
Reeds Rains created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Pelton Community Primary School | Community School | Good | 0.81 KM |
| St Benet'S Catholic Primary School, Ouston | Academy Converter | 1.43 KM | |
| Ouston Primary School | Academy Converter | 1.51 KM | |
| Roseberry Primary And Nursery School | Community School | Good | 1.68 KM |
| Chester-Le-Street Cofe (Controlled) Primary School | Voluntary Controlled School | Good | 3.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ivy Way | £ 124,995 | 0 | 0.00 KM |
| Moss Way | £ 0 | 0 | 0.00 KM |
| Greenacres | £ 0 | 0 | 0.00 KM |
| Fairfield | £ 0 | 0 | 0.00 KM |
| The Avenue | £ 150,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chester-Le-Street | 7736 | CLS | 4.10 KM |
| Dunston | 7744 | DOT | 9.31 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Front Street, Pelton, Chester Le Street, Durham, DH2 | £ 30,000 | BUY | 5 / 10 | 0.00 KM |
| Front Street, Pelton, Chester Le Street, Durham, DH2 | £ 60,000 | BUY | 5 / 10 | 0.00 KM |
| Ivyway, Pelton, Chester Le Street, Durham, DH2 1DR | £ 90,000 | BUY | Unknown | 0.06 KM |
| Front Street, Pelton, Chester Le Street | £ 695,000 | BUY | 7 / 10 | 0.08 KM |
| Ivyway, Pelton, Chester Le Street, DH2 | £ 140,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 44 Ivyway | £ 129,950 | 0.07 KM |
| 17 Front Street | £ 100,000 | 0.09 KM |
| 50 Ivyway | £ 108,500 | 0.10 KM |
| 3 Ivyway | £ 150,000 | 0.10 KM |
| 43 Ivyway | £ 115,995 | 0.10 KM |