2-bedroom terraced house · DH4 5AX
Sold STCListed 226 days
Opportunity summary
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About
**SPACIOUS FAMILY HOME**TWO DOUBLE BEDROOMS**SOUTH/WEST FACING REAR GARDEN**POPULAR LOCATION**LONG TERM TENANT IN SITU**WALKING DISTANCE TO HOUGHTON LE SPRING TOWN CENTRE** Pattinson Estate Agent are pleased to welcome to the market this deceptively spacious two bed family home situated in the popular area of Thackeray Street, Houghton Le Spring.
Perfectly positioned within easy access to local shops and amenities with fantastic transport links and great for commuting via the A690.
This property is also located within walking distance to Houghton Le Spring Town Centre and an array of popular schools, in addition this residence is just a short drive to Herrington Country Park, Durham & Sunderland City Centre's.
This well presented home is spacious throughout and briefly comprises:- Entrance/hallway, spacious lounge and a open plan kitchen/dining room.
To the first floor lies two double bedrooms and a three piece bathroom, externally there is an enclosed front garden and a South/West facing rear garden.
Early viewing comes highly recommended to appreciate the size and location of this property. Please call our Houghton branch to arrange an appointment to view.
Council Tax Band: A Tenure: Freehold Entrance/Hallway Property entrance leading to the rear hallway, which gives access to the lounge, kitchen/diner and first floor staircase.
Lounge 4.81m x 3.37m Spacious lounge with carpet flooring, a radiator, feature fireplace, double glazed front aspect window and patio doors leading to the rear garden.
Kitchen/Dining Room 3.05m x 5.63m Open plan kitchen/diner benefiting from a range of upper and lower units with contrasting worksurfaces, a stainless steel sink unit, a storage cupboard, plumbing for washing machine and a free standing oven.
Carpet flooring, tiled splash back, a radiator, two double glazed windows and an external door leading to the rear garden.
Bedroom One 3.36m x 4.59m Double bedroom with laminate flooring, a radiator, front and rear facing glazed windows.
Bedroom Two 3.09m x 3.22m Double bedroom with laminate flooring, storage cupboard, a radiator and a double glazed front aspect window.
Bathroom 1.94m x 2.27m Three piece bathroom benefiting from a paneled bath with an overhead shower, hand wash basin and W.C.
Laminate flooring, tiled splash back, a radiator and a glazed window. External Externally to the front there is a fully enclosed garden, which is low maintenance.
To the rears lies a South/West facing garden laid to gravel with mature shrubs.
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 Thackeray Street, Houghton Le Spring, Tyne and Wear, DH4 5AX
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