2-bedroom semi-detached house · DH5 8HJ
To rentListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure welcome to the market this Two Bedroom Semi Detached House in the popular area of Gillas Lane, Houghton le Spring.
This spacious property benefits from gas central heating, double glazing, two reception rooms and gardens to front and rear.
Close to local amenities and transport links, the property would suit a wide variety of tenants. Available immediately, viewings are recommended.
Safe and Secure welcome to the market this Two Bedroom Semi Detached House in the popular area of Gillas Lane, Houghton le Spring.
This spacious property benefits from gas central heating, double glazing, two reception rooms and gardens to front and rear.
Close to local amenities and transport links, the property would suit a wide variety of tenants. Available immediately, viewings are recommended.
Entrance hall Double glazed entrance door, double glazed window to the side, staircase to the first floor lounge 11' 11" x 13' 5" (3.65m x 4.11m) Double glazed window to the front, coving to ceiling, radiator dining room 8' 0" x 7' 11" (2.45m x 2.42m) Double glazed window to rear, radiator kitchen 9' 5" x 9' 10" (2.88m x 3.01m) Fitted wall & base units with coordinating work surfaces over, single drainer sink unit, electric cooker point with extractor hood over, space for washing machine, radiator, double glazed window to rear, door to rear outbuildings, pantry housing fridge freezer.
First floor landing Double glazed window to side, access to loft, built in storage cupboard.
Bathroom Two Piece suite comprising of ; panelled bath with shower over, pedestal wash hand basin, double glazed window to side, heated towel rail separate WC Low level w.c, double glazed window to side.
Master bedroom 15' 0" x 10' 1" (4.58m x 3.08m) Two double glazed windows to front, radiator, built in storage cupboard bedroom two 11' 5" x 10' 2" (3.50m x 3.10m) Double glazed window to rear, radiator, built in storage cupboard rear garden Laid mainly to lawn, with paved patio seating area and fenced boundaries.
Front garden Lawned garden with fenced boundaries.
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 12, Gillas Lane, Houghton Le Spring
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