Houghton Le Spring, County Durham, DH4
MC

Houghton Le Spring, County Durham, DH4

By McGowan Housing

£ 116,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Spacious Rooms | Three Piece Bathroom | Backyard | Long Term Tenant Currently Situated | Likely to attract enquiries from Serious Investors & Developers | INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Oracle says ..

The property is a two-bedroom terraced house located in Shiney Row, Houghton le Spring. The location is reasonably convenient, with several primary schools within a 2-3km radius, all rated ‘Good’ by Ofsted. However, information on nearby transportation links is absent. Based on the provided images, the property appears to be in need of some modernisation and updating. The interior shows dated decor and furnishings, and some areas appear cluttered. While structurally sound, there is evidence of wear and tear that would require attention. The garden is present, but is currently overgrown and requires significant work. Considering the property’s condition, the relatively small size (exact square footage is not provided), and the need for renovation, the list price of £116,000 appears to be in line with or slightly below the average for similar properties in the area, based on the limited nearby listing data. However, the absence of square footage data for both the subject property and the comparable listings makes a definitive price assessment difficult. Further, the lack of information on the type of property in the nearby listings makes it difficult to make a fair comparison. More comprehensive data on property size and type would be beneficial for a more precise evaluation.

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
6
Condition
5
Location
6
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
163,932.00 £
Decreased by 14.20 %
from 191,059.00 £
Average area rental value
598.00 £/mo
Decreased by 27.07 %
from 820.00 £/mo
Est rental Yield
4.38 %
Decreased by 14.95 %
from 5.15 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Newbottle Primary AcademyAcademy ConverterGood2.02 KM
Shiney Row Primary SchoolCommunity SchoolGood2.48 KM
Barnwell AcademyAcademy ConverterGood2.64 KM
New Penshaw AcademyAcademy Sponsor LedGood2.78 KM
Burnside Academy InspiresAcademy ConverterGood2.78 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mc Claren Way £ 575,00000.00 KM
Manor Grove £ 000.00 KM
Calamint Crescent £ 000.00 KM
Emily Street £ 60,00000.00 KM
Peachleaf Lane £ 000.00 KM

Nearby Properties

AddressPriceDistance
37 Fletcher Crescent £ 85,0000.10 KM
34 Fletcher Crescent £ 60,0000.10 KM
12 Fletcher Crescent £ 80,0000.10 KM
35 Fletcher Crescent £ 86,5000.10 KM
27 Kirkside £ 197,5000.12 KM