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 %
- Average area rental value
- 598.00 £/moDecreased by 27.07 %
- Est rental Yield
- 4.38 %Decreased by 14.95 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Newbottle Primary Academy | Academy Converter | Good | 2.02 KM |
| Shiney Row Primary School | Community School | Good | 2.48 KM |
| Barnwell Academy | Academy Converter | Good | 2.64 KM |
| New Penshaw Academy | Academy Sponsor Led | Good | 2.78 KM |
| Burnside Academy Inspires | Academy Converter | Good | 2.78 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mc Claren Way | £ 575,000 | 0 | 0.00 KM |
| Manor Grove | £ 0 | 0 | 0.00 KM |
| Calamint Crescent | £ 0 | 0 | 0.00 KM |
| Emily Street | £ 60,000 | 0 | 0.00 KM |
| Peachleaf Lane | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Houghton Le Spring, County Durham, DH4 | £ 116,000 | BUY | 5 / 10 | 0.00 KM |
| Kirkside, New Herrington, Houghton Le Spring, Tyne and Wear, DH4 | £ 295,000 | BUY | 6 / 10 | 0.08 KM |
| Kirkside, New Herrington, Houghton Le Spring, Tyne and Wear, DH4 4NX | £ 199,950 | BUY | Unknown | 0.17 KM |
| Herrington Mews, Houghton Le Spring, Tyne and Wear, DH4 4NS | £ 214,950 | BUY | Unknown | 0.22 KM |
| Sutherland Grange, New Herrington, Houghton Le Spring, Tyne and Wear, DH4 | £ 335,000 | BUY | 7 / 10 | 0.29 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 37 Fletcher Crescent | £ 85,000 | 0.10 KM |
| 34 Fletcher Crescent | £ 60,000 | 0.10 KM |
| 12 Fletcher Crescent | £ 80,000 | 0.10 KM |
| 35 Fletcher Crescent | £ 86,500 | 0.10 KM |
| 27 Kirkside | £ 197,500 | 0.12 KM |