Murton Lane, Houghton Le Spring, DH5
MC

Murton Lane, Houghton Le Spring, DH5

By McGowan Housing

£ 47,000

Reviews

1 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long-term Tenants Currently Situated | 2-Bedroom Mid-Terraced house | Good Condition | Easy Access to Local Amenities | Likely to attract enquiries from Serious Investors & Developers| Prime Rental Location Houghton Le Spring

Property Oracle says ..

This property is a two-bedroom terraced house located in Houghton Le Spring, Tyne and Wear. The list price is significantly below the average price for the area, suggesting it may be undervalued, however, this is likely due to the condition of the property. The property requires significant renovation and modernisation throughout. The location is reasonably good, with several primary schools within a short distance. The property benefits from a small yard, but it is not a large garden. The property appears to be in need of significant repair and modernisation, impacting its overall value. More information on the square footage would provide a more accurate assessment of the price per square foot.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
3
Location
6
Land
2
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
206,091.00 £
Increased by 44.06 %
from 143,058.00 £
Average area rental value
875.00 £/mo
Increased by 2.58 %
from 853.00 £/mo
Est rental Yield
5.09 %
Decreased by 28.91 %
from 7.16 %
Crime Rate
33.00 %
Unchanged by 0.00 %
from 33.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Easington Lane Primary SchoolCommunity SchoolGood0.34 KM
Hetton Lyons Primary SchoolAcademy Converter1.88 KM
Sunderland Children'S Centre HettonChildren's Centre Linked Site1.89 KM
Hetton Lyons Nursery SchoolLocal Authority Nursery SchoolGood1.94 KM
Hetton Primary SchoolCommunity SchoolGood2.71 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
North View £ 000.00 KM
Coniston Avenue £ 000.00 KM
Scholars View £ 000.00 KM
Teal Close £ 000.00 KM
The Elms £ 000.00 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
36 Murton Lane £ 29,9500.00 KM
33 Murton Lane £ 75,0000.00 KM
43 Murton Lane £ 60,0000.00 KM
39 Murton Lane £ 37,0000.00 KM
42 Murton Lane £ 30,0000.00 KM