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35 Edward Street, Hetton-le-Hole, Houghton Le Spring, Tyne And Wear, DH5 9EL - Image 1

35 Edward Street, Hetton-le-Hole, Houghton Le Spring, Tyne And Wear, DH5 9EL

North East

£39,999
Listed on 14/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced home in Houghton le Spring presents a promising opportunity for investors or those looking to undertake a refurbishment project. Offered with vacant possession, the property features a traditional layout that includes a reception room, kitchen, two bedrooms, and a bathroom spread over two levels. While it is functional as-is, there exists significant potential for enhancements to elevate its value and appeal in the rental market. Located conveniently near local amenities, schools, and transport links, this property is strategically positioned to attract tenants, particularly given its access to Sunderland, Durham, and major roadways. This well-situated property allows buyers to refine their investment strategy with the prospect of modernization and value addition at hand.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

35 Edward Street, Hetton-le-Hole, Houghton Le Spring, Tyne And Wear, DH5 9EL
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£144
Based on a loan of £29,999 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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