North Street, West Rainton, Houghton le Spring, Tyne and Wear, DH4
KI

North Street, West Rainton, Houghton le Spring, Tyne and Wear, DH4

By Kimmitt and Roberts

£ 229,950

Reviews

2 out of 5 stars

Kimmitt and Roberts says ..

Explore the potential of this well-maintained 2-bed, 1-bath bungalow with spacious gardens, block paved driveway, and a separate utility in Houghton le Spring.

Property Oracle says ..

This 2-bedroom, 1-bathroom bungalow located on North Street, West Rainton, is presented as a property with significant renovation potential. The listing highlights its spacious gardens, block paved driveway, and a separate utility room. However, the photographs reveal a property requiring substantial modernization. The interior features dated fixtures and fittings and, while structurally sound, demands significant investment in renovation to meet modern standards of comfort and aesthetics.

The kitchen and bathroom, in particular, showcase significant wear and tear. The flooring is worn. The interior walls and paintwork need complete updating. The garden, while spacious, appears overgrown and requires landscaping. Overall, the property represents an opportunity for someone with renovation expertise or the budget to engage professionals to transform it into a comfortable and contemporary home.

The location in West Rainton is a positive aspect, with nearby schools and relative proximity to transport links to Sunderland and Durham offering easy access to amenities and employment opportunities. However, the lack of readily available information about local shops and other amenities makes it difficult to fully assess the immediate convenience of the location. The price point of £229,950 is relatively high considering the necessary renovations; a detailed square footage comparison with similar properties would greatly assist in determining if the price is justified. While the potential for profit is there, it should be noted that this is a high-risk, high-reward project.

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
4
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
1,000.00

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
130,935.00 £
Decreased by 41.13 %
from 222,398.00 £
Est sale value
178,000.00 £
Increased by 18.67 %
from 150,000.00 £
Average area rental value
840.00 £/mo
Decreased by 18.53 %
from 1,031.00 £/mo
Est letting value
1,000.00 £/mo
from 0.00 £/mo
Est rental Yield
7.70 %
Increased by 38.49 %
from 5.56 %
Crime Rate
64.00 %
Unchanged by 0.00 %
from 64.00 %

Agent Activity

  • Kimmitt and Roberts created the listing.

Nearby Schools

NameTypeOfstedDistance
West Rainton Primary SchoolCommunity SchoolGood0.65 KM
East Rainton Primary SchoolCommunity SchoolGood2.69 KM
Sunderland Children'S Centre CoalfieldsChildren's Centre3.09 KM
Dubmire PrimaryAcademy Sponsor LedGood3.18 KM
Pittington Primary SchoolCommunity SchoolGood3.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
School View £ 000.00 KM
Allenson View £ 000.00 KM
Pithouse Lane West £ 000.00 KM
Woodside Lane £ 200,00000.00 KM
Meadows Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester-Le-Street7736CLS9.25 KM
Durham7745DHM9.41 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
13 Finchale Court £ 37,0000.04 KM
3 Finchale Court £ 160,0000.04 KM
5 Finchale Court £ 105,0000.04 KM
14 Finchale Court £ 84,0000.04 KM
2 Finchale Court £ 37,0000.04 KM