2 bed terraced house for sale

Pine Street, Chester Le Street DH3

Lightning Estates are pleased to offer this well-presented two-bedroom terraced property, situated in a convenient residential location in Chester-le-Street.

The property is being sold with a tenant in situ, producing an income of £595 pcm (£7,140 per annum), making it an excellent addition to an investment portfolio.

The accommodation briefly comprises an entrance hallway, spacious lounge with feature fireplace, fitted kitchen with access to the rear yard, two good-sized bedrooms and a family bathroom.

Conveniently located close to local shops, schools, public transport links and Chester-le-Street town centre, the property also offers excellent access to the A1(M), Durham and Newcastle.

Investment Highlights

• Tenant in situ
• Current rent: £595 pcm
• Fixed tenancy until 19 September 2025
• Gross annual income: £7,140
• Approximate gross yield: 8.4%
• Two-bedroom terraced house
• Popular rental location
• Gas central heating
• Double glazing
• Rear yard
• Ideal buy-to-let investment
• EPC rating C

Accommodation

• Entrance Hallway
• Lounge
• Kitchen
• Two Bedrooms
• Bathroom
• Rear Yard

Tenure

Freehold

Water source: Mains.

Electricity source: Mains.

Sewerage arrangements: Mains.

Heating Supply: Central heating (gas).

Broadband internet type: Fiber.