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Hunter Street, Houghton Le Spring, DH4 - Image 1
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Hunter Street, Houghton Le Spring, DH4

North East

£83,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1169 sqft

Description

This three-bedroom semi-detached home presents an opportunity for those looking to invest or customize a property to their liking. Currently vacant and devoid of chains, its potential is evident. Come and transform this spacious dwelling situated in a well-regarded residential area that boasts both a generous kitchen diner, perfect for family gatherings, and an above-average lounge space. The versatile loft room adds flexibility—ideal for a fourth bedroom, office space, or playroom. On the first floor, enjoy three sizeable bedrooms alongside a modern family bathroom. The property sits within Council Tax Band A, making it an economical choice for living, with an EPC rating of D that could be improved to C, enhancing energy efficiency. While on-street parking facilitates convenience, there’s potential to create off-road parking options. The large rear garden is particularly appealing; it allows room for outdoor activities and has enough space for gardening enthusiasts or future extensions (subject to planning permission). Additionally, a detached garage offers valuable storage or workshop possibilities. With its ample outdoor space and desirable layout, this home is perfect for families or investors seeking a project in a convenient location.

Investment Analysis

(DH4 area)

Below Market Value

This property is priced -61.1% below area average per sq ft

-61.1%
Potential saving
This Property
£71/sq ft
Area Average
£183/sq ft
Avg Rent (weekly)
£155
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£234,998
10% above area average per sq ft
Potential ROI
+117.6%
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

Hunter Street, Houghton Le Spring, 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
£299
Based on a loan of £62,250 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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