2-bedroom terraced house · DH5 0EW
Listing removedReduced £10k (−12.5%) on 29 AugListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **spacious family home**two double bedrooms**modern bathroom**front & rear gardens**highly desirable location** Pattinson Estate Agents are delighted to welcome to the market this impressive family home, situated in the sought after estate of Lambton Drive, Hetton-Le-Hole.
Perfectly positioned within easy access to local shops and other amenities, excellent public transport links, major road links Via the A690.
Also conveniently located within walking distance to numerous popular schools and Hetton Lyons Country Park, as well as being a short drive to Rainton Meadows Nature Reserve, Sunderland & Durham city Centres.
This spacious home is packed with potential and briefly comprises :- Entrance/hallway, open plan lounge/dining room and a fitted kitchen.
To the first floor lies two double bedrooms and a modern three piece bathroom, externally there is an enclosed garden to the front and a generously sized garden to the rear.
Early viewings come highly recommended to appreciate the potential and location of this family home. Please contact our Houghton branch to arrange a viewing.
Council Tax Band: A Tenure: Freehold Entrance/Hallway Property entrance leading to the hallway, which gives access to the lounge/dining room, kitchen and first floor staircase.
Lounge/Dining Room (6.82m x 3.60m) Open lounge/diner with carpet flooring, a feature gas fireplace, two radiators, double glazed front and rear aspect windows.
Kitchen (2.55m x 2.42m) Fitted kitchen benefiting from a range of upper and lower units with contrasting worksurfaces, a stainless steel sink unit and plumbing for a washing machine.
Vinyl flooring, tiled splash back, a double glazed window and external door leading to the rear garden.
Bedroom One (3.62m x 3.17m) Double bedroom with carpet flooring, a radiator and a double glazed front aspect window.
Bedroom Two (3.40m x 3.46m) Double bedroom with vinyl flooring, a radiator and a double glazed rear aspect window.
Bathroom (1.76m x 2.08m) Modern bathroom benefiting from a walk-in shower, hand wash basin and W.C. Vinyl flooring, UPVC cladded walls, a heated towel rail and a double glazed window.
External Externally, to the front there is an enclosed garden and to the rear there is also a good sized garden. Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
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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 starting price
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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
Agent & docs
FAQ
About 15, Lambton Drive, Houghton Le Spring
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