2-bedroom bungalow · DH4 5NP
Listing removedListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now – a two-bedroom bungalow on South View Terrace, in an established residential pocket of Houghton-le-Spring, DH4 5NP.
Extending to approximately 59 sq m (635 sq ft), the accommodation comprises a reception room, kitchen, family bathroom and two bedrooms, the second of which sits at attic level.
The property is offered unfurnished and holds an EPC rating of C, while Council Tax Band A helps keep monthly running costs down.
South View Terrace is within walking distance of Houghton-le-Spring town centre, with its supermarkets, independent shops, cafes, pharmacies and health services.
Local primary and secondary schools are close at hand, and regular bus services run to Sunderland, Durham and Newcastle.
The A690 and A1(M) are both a short drive away, making this a practical base for commuting across the North East.
Offered at £525 per calendar month on a fully managed basis, with a deposit of £605.76. Some pets may not be allowed. Under the landlord’s policy.
Early viewing is recommended – contact gnb Property to arrange.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 22 South View Terrace, HOUGHTON LE SPRING
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