3-bedroom terraced house · DH4 4LB
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**SPACIOUS HOME**THREE DOUBLE BEDROOMS**A FOUR PIECE BATHROOM**TWO W.C's**PACKED WITH ORIGINAL FEATURES & POTENTIAL**MULTI FUEL BURNER**SOUGHT AFTER LOCATION** Pattinson Estate Agents are excited to welcome to the market this spacious end of terrace family home, which boasts three double bedrooms and is situated on the a highly desirable area in Philadelphia, Houghton Le Spring.
Perfectly located within easy access of local shops and other amenities, good transport links and great major road links the A19.
Within walking distance to Herrington Country Park and popular local schools, as well as short drive to Houghton Le Spring, Durham & Sunderland City Centres.
The impressive family residence is bursting with original features and potential, this spacious home briefly comprises: Entrance/hallway, spacious lounge, generous kitchen/dining room with a pantry cupboard, a utility room and a ground floor W.C.
To the first floor lies three double bedrooms, an office room, a four piece bathroom and a separate W.C., externally to the rear there is an private yard.
Early viewings come highly recommended to appreciate the size, potential and location of this property. please call our Houghton branch to arrange a viewing.
Council Tax Band: A Tenure: Freehold Property Entrance/Hallway Property entrance leading to a grand hallway, which has hardwood flooring, a radiator and an understair storage cupboard, Lounge 4.87m x 3.91m Spacious lounge with carpet flooring, a radiator and two double glazed front aspect windows.
Kitchen/Dining Room 5.06m x 4.88m Generous kitchen/diner benefiting from a range of upper and lower contrasting granite worksurfaces with matching upstands, a Belfast sink, a DeLonghi range oven with a 6 burner gas hob and an integrated dishwasher.
In addition there is a multi fuel Buner with a feature wooden beam, as well as an island with further storage units, a integrated oven, undermount sink, granite worktops and a breakfast bar.
There is also hardwood flooring and a double glazed rear aspect window with the bonus of a pantry cupboard (7'5 x 6'0) which has lighting and worktops.
Utility Area 1.77m x 3.09m The utility has fitted wall and base units, worksurfaces, a stainless steel sink unit, plumbing for a washing machine and a space for a dryer.
Laminate flooring, tiled splash back, a radiator, a rear aspect window and an external door leading to the rear yard.
Ground Floor W.C 1.64m x 1.23m Convenient downstairs W.C with a hand wash basin, vanity cupboards, laminate flooring, a heated towel rail and a double glazed rear aspect window.
First Floor landing Spacious first floor landing. Office 4.15m x 1.04m The office has carpet flooring, a fitted desk and shelves.
This room also gives access to the bedroom one and a good sized loft space via an aluminium ladder.
Bedroom One 4.86m x 5.83m Double bedroom with hardwood flooring, a radiator and four double glazed windows.
Bedroom Two 4.0m x 4.42m Double bedroom with carpet flooring, fitted bunk beds, wardrobes and a desk, a radiator and two double glazed windows.
Bedroom Three 4.43m x 4.14m Double bedroom with carpet flooring, two sets of fitted wardrobes, a radiator and a double glazed window.
Bathroom 4.05m x 2.71m Four piece bathroom benefiting from a walk-in shower, a paneled bath with a shower mixer tap, hand wash basin and W.C.
Vinyl flooring, tiled splash back, a radiator and a double glazed window. First Floor W.C Separate W.C with a hand wash basin and vinyl flooring.
External Externally to the rear is a private yard. Auctioneers Additional Comments Pattinson Auction are referred to below as The Auctioneer.
This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer.
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 being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
To submit a bid on any property marketed by The Auctioneer, all bidders buyers 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.
Our verification process is in place to ensure AML procedures are carried out in accordance with the law 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 , Starting Bid. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular 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
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Wellington Row, Philadelphia, Houghton Le Spring, Tyne and Wear, DH4 4LB
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