# 2 bedroom terraced house for rent (DH3 3JG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 8 ALLEN STREET, CHESTER LE STREET, COUNTY DURHAM DH3 3JG |
| Price | £650 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £84,000 Nov 2024 |

## Description

Riverside Residential Properties welcome to the rental market this bright and spacious two bedroomed mid terrace property located in a quiet area. Briefly comprising of of Bright lounge, kitchen/diner two good sized bedrooms and modern shower room.

The property is situated in the popular area of Chester le Street so is ideal for commuting with good transport links, close to the A1 and is within easy reach of the main shopping area with its wide range of bars, restaurants and parks.

Council Tax Band: A (Durham County)

Holding Deposit: £150

## Property Photos

- ![Photo](/listings/photos/155757719/395945)
- ![Photo](/listings/photos/155757719/395946)
- ![Photo](/listings/photos/155757719/395947)
- ![Photo](/listings/photos/155757719/395948)
- ![Photo](/listings/photos/155757719/395949)
- ![Photo](/listings/photos/155757719/395950)
- ![Photo](/listings/photos/155757719/395951)
- ![Photo](/listings/photos/155757719/395952)
- ![Photo](/listings/photos/155757719/395953)
- ![Photo](/listings/photos/155757719/395954)
- ![Photo](/listings/photos/155757719/395955)

## EPC Graphs

- ![EPC](/listings/photos/155757719/395956) - EPC

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #8031294
- **Address:** 8 Allen Street, CHESTER LE STREET, DH3 3JG
- **Certificate Issued:** 28/03/2011
- **Work Completed:** 14/02/2011
- **Items:** 5 window(s)

### FENSA Certificate #2691388
- **Address:** 8 Allen Street, CHESTER LE STREET, DH3 3JG
- **Certificate Issued:** 09/05/2005
- **Work Completed:** 31/03/2005
- **Items:** 2 door(s)

## Rental Range

*ONS Price Index of Private Rents (County Durham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £572/mo
- **Realistic:** £635/mo
- **Optimistic:** £699/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Durham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £399/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed End Terrace, Allen Street, DH3 | £625/mo | 2 | 0.01 miles | OpenRent |
| 2 Bed Flat, Robertson Court, DH3 | £800/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Terraced House, Thomas Street, DH3 | £700/mo | 2 | 0.13 miles | OpenRent |
| 2 Bed Terraced House, Wilfred Street, DH3 | £700/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Front St, DH3 | £795/mo | 2 | 0.29 miles | OpenRent |
| 2 Bed Flat, High Chare, DH3 | £625/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Terraced House, Hedworth St, DH3 | £695/mo | 2 | 0.54 miles | OpenRent |
| 2 Bed Terraced House, Seventh Avenue, DH2 | £650/mo | 2 | 0.68 miles | OpenRent |
| 2 Bed Terraced House, Albert Street, DH2 | £600/mo | 2 | 0.69 miles | OpenRent |
| 2 Bed Semi-Detached House, Atkinson Road, DH3 | £950/mo | 2 | 0.94 miles | OpenRent |

**Average rent: £714/mo (10 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £698/mo).*

- **Gross yield:** 1288.6%
- **Monthly cashflow:** £601/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3823.7%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
