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3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 1
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 2
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 3
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 4
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 5
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 6
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 7
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 8
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 9
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 10
3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH - Image 11

3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH

North East

£50,000
Listed on 22/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
728 sqft

Description

This freehold 2-bedroom property in Houghton le Spring presents a valuable opportunity for those looking to invest in a renovation project. The ground floor features an entrance hallway leading into a spacious lounge, followed by a kitchen diner with a separate WC. Upstairs, you will find two well-proportioned bedrooms along with a family bathroom. While the property boasts secure off-road parking via a driveway and a low-maintenance paved garden at the rear, it is in need of modernisation, making it ideal for buyers interested in enhancing its value. Located within a short drive of Seaham Railway Station, this property offers convenient transport links to popular destinations such as Whitby and Hexham, further adding to its appeal for potential renters or future buyers.

Investment Analysis

(DH5 area)

Below Market Value

This property is priced -59.2% below area average per sq ft

-59.2%
Potential saving
This Property
£69/sq ft
Area Average
£169/sq ft
Avg Rent (weekly)
£145
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£134,935
10% above area average per sq ft
Potential ROI
+68.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DH5)

Area prices are rising by +5.4% over the last 12 months
3 year growth: -2.9%
5 year growth: 6.6%
Investment Disclaimer: Analysis based on DH5 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.

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Location

3 Honeysuckle TerraceEasington Lane, Houghton le Spring, DH5 0QH
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