3-bedroom house · DH5 8HT
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 Bedrooms Semi-Detached Houghton-Le-Spring Fully Refurbished Rent - £895.00 Better Homes are pleased to bring to the rental market this fully refurbished three-bedroom semi-detached property on Wood Lea, Houghton le Spring.
The property has been finished to a high standard throughout, with neutral beige décor, quality flooring and carpets, along with natural wood-effect detailing and black spindles to the staircase.
The ground floor offers a spacious living room with bay window and an open-plan kitchen and dining area to the rear.
The wraparound fitted kitchen provides ample cupboard and storage space, with a breakfast bar housing the cooker and overhead extractor, creating a natural divide between the kitchen and dining space.
Patio doors provide direct access to the rear.
Upstairs are two double bedrooms, one single bedroom and a modern bathroom comprising bath with overhead shower and screen, WC, and sink with vanity unit.
The property also benefits from boarded loft space, accessed solely via a loft ladder, providing useful additional storage. This does not form part of the habitable accommodation.
Externally, there is a front garden and driveway providing off-street parking, leading to a garage at the rear. The rear offers a yard/patio area with steps leading down to an additional grassed area.
The property has been fully refurbished, including updated electrics and heating system. Rent: £895 pcm Deposit: £895 Early viewing is highly recommended.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 15, Wood Lea, Houghton Le Spring
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