Hedworth Terrace, Houghton Le Spring, Tyne and Wear, DH4
RE

Hedworth Terrace, Houghton Le Spring, Tyne and Wear, DH4

By Reeds Rains

£ 80,000

Reviews

3 out of 5 stars

Reeds Rains says ..

This well-maintained terraced house, featuring three bedrooms, a modern kitchen, and an EPC rating of 'C', offers an economical and convenient living option with excellent transport links, making it ideal for first-time buyers or investors seeking a strong rental return in a thriving market.

Property Oracle says ..

The property is located in Shiney Row, Houghton Le Spring, Tyne and Wear. The area benefits from nearby primary and secondary schools, all with a good Ofsted rating. Shiney Row Primary School is only 0.14km away, while Barnwell Academy is 0.66km. This makes the location convenient for families. The proximity to Chester-le-Street train station (9.73km) provides a reasonable commute option for those working outside the immediate area.

Based on the provided images, the property appears to be in relatively good condition. The kitchen has recently been updated with modern units and flooring. While the rest of the property shows some signs of wear and tear, it does not appear to be in need of significant renovation. The walls and carpets are dated, but the property is habitable.

The property includes a small yard. While not extensive, it provides some outdoor space, which is a valuable asset for a terraced house.

The list price of £80,000 is significantly below the average house price in the area (£174,939). Considering the property’s condition, location, and small yard, the price seems reasonable, especially when compared to similar properties in the area. Nearby properties on Hedworth Terrace have recently sold for between £40,700 and £78,500. The list price of £80,000 falls within this range, suggesting it is competitively priced.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
7
Location
8
Land
3
Bedrooms
3
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
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Shiney Row Primary SchoolCommunity SchoolGood0.14 KM
Barnwell AcademyAcademy ConverterGood0.66 KM
Our Lady Queen Of Peace Catholic Primary SchoolAcademy Converter0.91 KM
New Penshaw AcademyAcademy Sponsor LedGood1.10 KM
Newbottle Primary AcademyAcademy ConverterGood2.08 KM

Images

Lounge Kitchen Bedroom One Bedroom Two Bedroom Three Bathroom Lounge Yard Kitchen Back Yard

Nearby Streets

NameAverage PriceAverage SqftDistance
Westbourne Terrace £ 000.00 KM
Station Road £ 130,83300.00 KM
Sutton Close £ 000.00 KM
Chislehurst Road £ 000.00 KM
Ribblesdale £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester-Le-Street7736CLS9.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hedworth Terrace, Houghton Le Spring, Tyne and Wear, DH4 £ 80,000BUY6 / 100.00 KM
South View, Shiney Row, Houghton Le Spring £ 65,000BUYUnknown0.05 KM
Hedworth Terrace, Shiney Row , Houghton Le Spring £ 65,000BUY6 / 100.05 KM
South View, Shiney Row, Houghton-le-Spring £ 40,000BUY3 / 100.07 KM
Mill Terrace , Shiney Row, Houghton Le Spring £ 89,950BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
18 Hedworth Terrace £ 56,0000.05 KM
15 Hedworth Terrace £ 54,0000.05 KM
14 Hedworth Terrace £ 40,7000.05 KM
19 Hedworth Terrace £ 55,0000.05 KM
1 Hedworth Terrace £ 78,5000.05 KM