3-bedroom terraced house · DH4 5BG
For saleListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure are delighted to welcome to the market this Three Bedroom Mid Terraced House in the popular area of Wallace Street, Houghton le Spring.
This well presented home benefits from gas central heating, double glazing, and enclosed yard to rear. Close to local amenities and transport links, the property would suit a wide variety of buyers.
Viewings recommended. ENTRANCE HALL Double glazed entrance door, radiator. LOUNGE 10' 3" x 13' 3" (3.14m x 4.04m) Double glazed window to front, radiator, inset feature electric fire.
DINING ROOM 14' 3" x 13' 5" (4.36m x 4.11m) Double glazed window to rear, radiator, stairs to first floor.
KITCHEN 13' 6" x 6' 9" (4.13m x 2.08m) Fitted with a modern range of wall & base units with coordinating work surfaces over, built in electric oven and hob with extractor over, single drainer large bowl sink unit, space for dishwasher, radiator, double glazed window to rear.
REAR HALL Double glazed door to rear yard, built in storage cupboard housing plumbing for washing machine.
BATHROOM White 3 piece suite comprising of a panelled bath with shower over, vanity wash basin and w.c unit, tiled walls, radiator, double glazed window to rear.
FIRST FLOOR LANDING MASTER BEDROOM 13' 8" x 9' 8" (4.19m x 2.95m) Double glazed window to rear, fitted wardrobes, coving to ceiling, radiator, built in storage cupboard housing a combination boiler.
ENSUITE White 2 piece suite comprising of a vanity unit wash basin and saniflow low level w.c. BEDROOM 2 8' 2" x 8' 10" (2.51m x 2.71m) Double glazed window to front, fitted wardrobes, radiator.
BEDROOM 3 9' 8" x 6' 9" (2.96m x 2.07m) Double glazed window to front, fitted wardrobes, radiator. REAR YARD Outbuilding providing storage, walled boundaries.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Wallace Street , Houghton Le Spring
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