2-bedroom terraced house · DH4 4DR
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure welcome to the rental market this beautifully presented two bedroom end of terraced house, available immediately on an unfurnished basis.
Situated on Ruby Street, Grasswell, the property boasts access to all amenities including Houghton town centre.
The property's ideal location also boasts links to nearby cities of Durham and Sunderland via the A690.
Briefly comprising of: an entrance porch, lounge, kitchen, two bedrooms, family bathroom and enclosed yard to rear. If you are interested please give our office a call on .
ENTRANCE PORCH Double glazed entrance door LOUNGE 13' 11" x 16' 0" (4.25m x 4.88m) Double glazed window to the front, electric fire, telephone point, television point, coving to ceiling, radiator.
KITCHEN Fitted wall and base units with co-ordinating work surfaces, one and half bowl sink with drainer unit, built in electric oven, built in gas hob, washing machine, fridge freezer, double glazed window to the side MASTER BEDROOM 13' 11" x 12' 11" (4.26m x 3.95m) Double glazed window to the front, ceiling rose, radiator BEDROOM 2 13' 1" x 6' 9" (3.99m x 2.07m) Double glazed window to the side, ceiling rose, radiator BATHROOM White three piece suite comprising of a panelled bath, tap attached shower, pedestal wash hand basin, low level W.C, extractor fan, double glazed window to the side, radiator REAR YARD
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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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
FAQ
About Ruby Street, Grasswell, Houghton Le Spring
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