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Hall Lane, HOUGHTON LE SPRING

North East

£300,000
Listed on 14/02/2026

Property Details

Bedrooms
9
Type
Detached house

Description

This freehold detached house, recognized as a Grade II listed property, presents a significant renovation opportunity. Located in Houghton le Spring, the home offers generous accommodation across multiple levels, featuring up to nine bedrooms alongside various reception rooms and bathrooms, ideal for those looking to create either a large family residence or explore conversion into self-contained apartments (subject to planning permissions). The surrounding area boasts essential local amenities and good transport links via bus services and nearby train stations, further enhancing its investment potential. With the right vision and refurbishment strategy, this property can be transformed into a desirable living space. The external garage/workshop provides additional utility that could complement any planned enhancements.

Investment Analysis

(DH5 area)
Area Average
£167/sq ft
Avg Rent (weekly)
£153
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
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
43%
Properties sold annually

Local Market Trend (DH5)

Area prices are rising by +5.1% over the last 12 months
3 year growth: -2.6%
5 year growth: +3.1%
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.

Location

Hall Lane, 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
£1,082
Based on a loan of £225,000 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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