2-bedroom terraced house · DH5 8BA
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright, spacious and beautifully presented two-bedroom terraced home is an absolute must-see for first-time buyers looking for a property that is ready to move straight into.
Having undergone a comprehensive programme of improvements the property has been modernised throughout offering stylish contemporary accommodation with the benefit of significant recent upgrades.
The accommodation briefly comprises a welcoming entrance leading into a bright and spacious living and dining area with the ground floor having been fully replastered and redecorated to create a fresh and modern feel.
The downstairs flooring has also been upgraded with attractive laminate flooring while new carpets have been fitted elsewhere.
The modern kitchen has been recently replaced providing a smart and practical space for everyday living. Further improvements include a new boiler giving added peace of mind for the new owner.
Upstairs, there are two well-proportioned bedrooms finished to complement the contemporary feel of the home.
The property has also benefited from a full electrical rewire, new flat roof, full redecoration, new bathroom and extensive cosmetic improvements meaning there is very little left for a buyer to do other than move in and enjoy.
Externally, the property offers a private rear yard while parking is available on the street.
Reception 3.76m x 4.57m Laminate Flooring, UPVC Window, Radiator Dining Room 4.11m x 4.47m Laminate Flooring, UPVC Window, Radiator Kitchen 2.55m x 3.86m Laminate Flooring, UPVC Window, Wall and Base Units, Sink with Mixer Tap, Electric Oven and Induction Hob, Integrated Fridge Freezer and Boiler, Radiator Bathroom 1.68m x 2.48m Vinyl Flooring, UPVC Window, Cladded Walls, W/C, Washbasin with Mixer Tap and Vanity Unit, Shower Cubicle, Towel Radiator, Spotlights Master Bedroom 3.96m x 4.43m Carpeted Flooring, UPVC Window, Fitted Wardrobes, Radiator Bedroom Two 3.05m x 4.01m Carpeted Flooring, UPVC Window, Fitted Wardrobes, Radiator EPC: D Council Tax Band: A, Sunderland Tenure: Freehold Parking: On Street Material Information The following information should be read and considered by any potential buyers prior to making a transactional decision.
SERVICES: We are advised by the seller that the property has mains provide gas, electricity, water and drainage.
MAINTENANCE/SERVICE CHARGES- none PARKING ARRANGEMENTS: On Street BROADBAND SPEED: The maximum speed for broadband in this area is shown by inputting the postcode at the following link here> 618726fe30f982&utm_source=bing&utm_medium=cpc&utm_campaign=You%20Fibre%20%7C%20Broadband%20%7C%20Grouped%20campaign%20test&utm_term=how%20fast%20is%20my%20broadband&utm_content=Fast ELECTRIC CAR CHARGER- No MOBILE PHONE SIGNAL: No known issues at the property NORTH EAST OF ENGLAND- EX MINING AREA: We operate in an ex-mining area.
This property may have been built on or near an ex-mining site. Further information can/will be clarified by the Solicitors prior to completion.
The information (truncated) Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.
Viewing Arrangements To arrange an appointment to view this property, please contact us on . hours are : Monday to Friday 9.00a.m. to 5.00pm. / Saturday 9.00a.m. to 12.00pm.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Balfour Street, Houghton le Spring, DH5
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