Finchale Terrace, Houghton Le Spring, DH4
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Finchale Terrace, Houghton Le Spring, DH4

By Hegartys Estate Agents

£ 80,000

Reviews

2 out of 5 stars

Hegartys Estate Agents says ..

CALLING ALL PROPERTY DEVELOPERS... Hegarty's welcome this 2 Bedroom terraced property ripe for development to the market! This fabulous property is located in a peaceful and sought-after area of Woodstone and offers spacious accommodation throughout. The ground floor feature...

Property Oracle says ..

This 2-bedroom terraced house in Houghton-le-Spring, County Durham, is listed at £80,000. The property is described as ripe for development, suggesting it requires extensive renovation. The provided photographs show that the property’s interior is dated and needs significant modernisation, with worn carpets, outdated wallpaper, and generally tired fixtures and fittings. The kitchen and bathroom appear particularly outdated. While the exterior looks relatively well-maintained, the limited garden space is a notable drawback. The location in Houghton-le-Spring offers proximity to schools with good Ofsted ratings and a train station with connections to Chester-le-Street, which are positives. However, the lack of specific information on the immediate surrounding amenities makes a comprehensive location assessment difficult. The price seems moderately competitive considering the condition, location, and need for substantial renovation work. A potential buyer should factor in a considerable budget for a complete refurbishment. Property investors seeking a development opportunity may find this listing attractive due to the potential for significant value increases after modernisation, while those looking for a ready-to-move-in home might consider other options that require less extensive renovation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
673.00

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
211,000.00 £
Increased by 2.49 %
from 205,865.00 £
Est sale value
185,748.00 £
Increased by 14.52 %
from 162,193.00 £
Average area rental value
961.00 £/mo
Decreased by 14.43 %
from 1,123.00 £/mo
Est letting value
673.00 £/mo
Unchanged by 0.00 %
from 673.00 £/mo
Est rental Yield
5.47 %
Decreased by 16.49 %
from 6.55 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Hegartys Estate Agents marked this listing as sold.

  • Hegartys Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodlea Primary SchoolCommunity SchoolGood0.22 KM
Bournmoor Primary SchoolCommunity SchoolGood1.02 KM
Sunderland Children'S Centre CoalfieldsChildren's Centre1.89 KM
Dubmire PrimaryAcademy Sponsor LedGood2.03 KM
Lumley Junior SchoolCommunity SchoolGood2.85 KM

Images

Picture No. 02 Picture No. 15 Picture No. 14 Picture No. 16 Picture No. 13 Picture No. 07 Picture No. 08 Picture No. 05 Picture No. 04 Picture No. 01 Picture No. 10 Picture No. 09 Picture No. 11 Picture No. 12 Picture No. 06

Nearby Streets

NameAverage PriceAverage SqftDistance
Gill Crescent North & South £ 56,95000.00 KM
Rose Crescent £ 99,95000.00 KM
Carnation Avenue £ 32,00000.00 KM
Waskerley Avenue £ 410,00000.00 KM
Ewehill Cottages £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester-Le-Street7736CLS6.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Finchale Terrace, Houghton Le Spring, DH4 £ 80,000BUY4 / 100.00 KM
Finchale Terrace, Houghton Le Spring, Durham, DH4 £ 148,000BUY7 / 100.00 KM
Finchale Terrace, Houghton Le Spring, Durham, DH4 £ 150,000BUY7 / 100.00 KM
High Row, Woodstone Village, Durham, DH4 £ 150,000BUY7 / 100.07 KM
Appleby Court, Woodstone Village, Houghton Le Spring £ 350,000BUY7 / 100.20 KM

Nearby Properties

AddressPriceDistance
6 Finchale Terrace £ 95,0000.00 KM
11 Finchale Terrace £ 76,0000.00 KM
28 Finchale Terrace £ 117,0000.00 KM
15 Finchale Terrace £ 79,0000.00 KM
14 Finchale Terrace £ 62,5000.00 KM