2-bedroom flat · DH5 8NQ
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented to the market, this modern ground floor apartment offers an exceptional opportunity for buyers seeking contemporary living in Houghton Le Spring.
Boasting two generous double bedrooms, a refitted kitchen, and a stylish modern bathroom, this property is designed for comfort and convenience.
Upon entering, residents are greeted by an inter-com secure access system, ensuring peace of mind and privacy.
The apartment's layout flows seamlessly, with a well-proportioned reception room providing ample space for relaxation and entertaining.
The heart of this home is undoubtedly the refitted kitchen, which features contemporary units and integrated appliances, making it a joy for any aspiring chef.
Both bedrooms are generously sized double rooms, providing versatile accommodation options, whether for a couple, small family, or those requiring a dedicated home office.
Natural light floods these spaces, creating a bright and airy atmosphere throughout.
The modern bathroom is finished to a high standard, offering a serene space for unwinding and completes the accommodation.
Externally, the property benefits from an allocated parking bay, a highly sought-after feature, eliminating any parking concerns.
The leasehold tenure has a substantial 106 years remaining, offering long-term security for the new owner.
Located in Houghton Le Spring, the apartment is well-placed to access local amenities, including shops, schools including St Michael’s, and leisure facilities.
Excellent transport links are also within easy reach, connecting residents to wider regional centres.
This property represents an ideal purchase for first-time buyers, downsizers, or investors looking for a well-maintained, modern apartment in a desirable location.
Early viewing is highly recommended to fully appreciate the quality and appeal of this superb home.
ACCOMMODATION Hall Living Room (5.10m x 3.70m) Kitchen (3.30m x 2.40m) Bedroom 1 (2.60m x 2.60m + wardrobe depth) Bedroom 2 (3.70m x 2.70m) Bathroom (2.80m x 2.00m) 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 provided ELECTRICITY, WATER and DRAINAGE.
LEASEHOLD INFO The property is leasehold. The lease is 125 years from 1 July 2007.
The ground rent per annum is approximately £204.76 and the service charge is approximately £1204.46, which includes the maintenance of communal areas, gardens, car parks, building insurance etc WATER METER - Yes PARKING ARRANGEMENTS - Allocated Parking / Street Parking ELECTRIC CAR CHARGER - No MOBILE PHONE SIGNAL No known issues at the property.
BROADBAND SPEED The maximum speed for broadband in this area is shown by imputing the postcode at the following link here > FLOOD RISK RATING Please check the online flood risk checker at the following link here > NORTHEAST 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 above has been provided by the seller and has not yet been verified at the point of producing this material.
There may be more information related to the sale of this property that can be made available to any potential buyer.
These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract.
All measurements are approximate and for guidance only.
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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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 Bridle Way, Houghton Le Spring, Tyne And Wear, DH5 8NQ
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