1-bedroom flat · DH5 9DH
For saleListed 41 daysAuction 28 Oct · in 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 28th of October 2026.
Well-positioned property located in Hetton-le-Hole Description This property is located at 73A The Avenue, situated in the Hetton-le-Hole area of Houghton Le Spring.
The residence is a one-bedroom first-floor flat, comprising a bedroom, kitchen and bathroom, and occupies a position within this established residential district with convenient access to local services and transport links in the surrounding area.
The property is being sold with vacant possession and is held on a Tyneside lease agreement.
The accommodation provides an opportunity for buyers seeking a residential property within an established community.
Interested parties are invited to review the location and property details to determine suitability for their specific requirements.
Local Area: The property is situated on The Avenue in Hetton-le-Hole, Houghton Le Spring.
This location provides access to local amenities and infrastructure within the County Durham area, serving both local residents and those commuting to the wider region.
IMPORTANT NOTICE UNCONDITIONAL AUCTION SALE: This property is offered by way of Unconditional Auction.
The successful bidder is required to pay a non-refundable deposit (typically 10% of the purchase price) and a Buyer's Premium immediately upon the fall of the hammer.
Exchange of contracts takes place on the day of the auction and completion is required within the specified timeframe (typically 28 days).
Town & Country Property Auctions North East acts as agent for the vendor.
Tenure Freehold (Tyneside Lease Agreement) Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.
The legal pack is available to download free of charge under the LEGAL DOCUMENTS'.
Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 73A The Avenue, Houghton Le Spring, Tyne And Wear, DH5 9DH
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