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Bernard Street, Houghton Le Spring, Tyne and Wear, DH4 - Image 5
Bernard Street, Houghton Le Spring, Tyne and Wear, DH4 - Image 6
Bernard Street, Houghton Le Spring, Tyne and Wear, DH4 - Image 7
Bernard Street, Houghton Le Spring, Tyne and Wear, DH4 - Image 8
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Bernard Street, Houghton Le Spring, Tyne and Wear, DH4

North East

£49,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This traditional two-bedroom mid-terrace house in Houghton Le Spring offers a solid foundation for those looking to make their mark through renovations. While the property has seen some improvements, there is still significant potential to modernize and enhance its appeal. The welcoming porch leads into a cozy lounge featuring an open staircase and a charming fireplace. The adjoining dining area flows seamlessly into a practical kitchen equipped with built-in appliances, making it an ideal space for both living and entertaining. Upstairs, two bedrooms share a conveniently located ground floor bathroom. The traditional rear yard, complete with decking, provides an outdoor space that could be transformed into a private retreat or garden oasis. Located near the town center, this home benefits from proximity to local amenities including shopping, schools, and leisure facilities, further adding to its investment potential.

Investment Analysis

(DH4 area)
Area Average
£181/sq ft
Avg Rent (weekly)
£158
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (DH4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -1.0%
5 year growth: +10.2%
Investment Disclaimer: Analysis based on DH4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bernard Street, Houghton Le Spring, Tyne and Wear, DH4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£177
Based on a loan of £36,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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