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Lilac Square, Houghton Le Spring, Durham, DH4 - Image 1
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Lilac Square, Houghton Le Spring, Durham, DH4 - Image 3
Lilac Square, Houghton Le Spring, Durham, DH4 - Image 4
Lilac Square, Houghton Le Spring, Durham, DH4 - Image 5
Lilac Square, Houghton Le Spring, Durham, DH4 - Image 6
Lilac Square, Houghton Le Spring, Durham, DH4 - Image 7
Lilac Square, Houghton Le Spring, Durham, DH4 - Image 8

Lilac Square, Houghton Le Spring, Durham, DH4

North East

£65,000
Listed on 23/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
710 sqft

Description

Situated in the sought-after village of Bournmoor, Houghton le Spring, this two-bedroom end-terrace residence offers a compelling renovation opportunity for both investors and homebuyers aiming to create a tailored living space. The property's layout spans across two floors, featuring a generously sized living room and a separate kitchen on the ground floor—ideal for reconfiguration or modernization. The first floor comprises two bedrooms along with a family bathroom, all accessed from a central landing. While the interior requires considerable refurbishment, this presents an excellent chance to enhance the property's value and align it with contemporary living standards. The end-terrace position adds privacy and appeal, complemented by a private driveway that accommodates off-street parking for 2-3 vehicles—an attractive feature in this area. Conveniently located near local transport links and amenities, with shops just a short drive away, this property is perfectly placed for those seeking potential in a well-connected setting. This is an ideal project for developers looking to capitalize on its clear upside potential.

Investment Analysis

(DH4 area)

Below Market Value

This property is priced -49.9% below area average per sq ft

-49.9%
Potential saving
This Property
£92/sq ft
Area Average
£183/sq ft
Avg Rent (weekly)
£155
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£142,728
10% above area average per sq ft
Potential ROI
+35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DH4)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -0.6%
5 year growth: +11.7%
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

Lilac Square, Houghton Le Spring, Durham, 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
£234
Based on a loan of £48,750 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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