3-bedroom detached house · DH4 7PT
Listing removedReduced £5k (−2.3%) on 20 AugListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***new instruction, must be viewed - to arrange A viewing call our offices 7AM to 11PM 7 days A week *** 3 bedroom detached family home - ideal for young / growing families, not to be missed, spacious accommodation.
Entrance porch, fitted kitchen, open plan living/dining room, 3 good size bedrooms and modern family bathroom.
Fantastic size and well presented rear garden with patio area, driveway providing ample off street parking, popular location close to numerous local amenities including shops, schools and transport links.
*** Why you will love this family home *** - Freehold - Circa 915sqft - 3 good size bedrooms - Large rear garden - Driveway parking - School catchment i.e Barnwell Academy (Outstanding) - Transport links via A183, A19, and A1(M).
Houghton-le-Spring provides amenities including the nearby Herrington Burn shopping area, several large supermarkets, the Penshaw Health Centre, the Herrington Country Park activity centre, and numerous primary schools such as Barnwell Academy.
Features include the historic Penshaw Monument with its panoramic views, the extensive walking trails through the nearby Herrington Country Park, the scenic routes along the Mount Pleasant lake, and proximity to the Rainton Meadows Nature Reserve.
Transport is via local bus services connecting to the nearby Chester-le-Street and Sunderland railway stations with direct links to Newcastle, Durham, and London King's Cross with major road links including the A183, A19, and A1(M).
Viewing highly recommended, view early to avoid disappointment. Independent mortgage advice available if required, we look forward to hearing from you.
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 21, Sternboro Park, Houghton Le Spring
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