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Brinkburn Crescent, Houghton Le Spring

North East

£80,000
Listed on 31/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
823 sqft

Description

This two-bedroom semi-detached property presents an opportunity for renovation enthusiasts or investors looking to enhance a solid foundation. The ground floor features an entrance hall leading to a lounge with a bay window, a spacious rear dining room, and a fitted kitchen. Upstairs, you'll find two double bedrooms along with a family bathroom. The front and rear gardens are primarily laid to lawn and include an outhouse, offering potential for outdoor improvements. Located in a desirable estate just minutes from Houghton Le Spring, the property provides convenient transport links to Chester Le Street, Durham, and Sunderland. While the interior requires comprehensive updating throughout, it represents a canvas for first-time buyers or developers aiming to maximize its potential. An internal viewing is strongly recommended to fully appreciate the possibilities that await this property.

Investment Analysis

(DH4 area)

Below Market Value

This property is priced -46.8% below area average per sq ft

-46.8%
Potential saving
This Property
£97/sq ft
Area Average
£183/sq ft
Avg Rent (weekly)
£155
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£165,444
10% above area average per sq ft
Potential ROI
+50.4%
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

Brinkburn Crescent, Houghton Le Spring
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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
£289
Based on a loan of £60,000 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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