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Whitefield Pit, Houghton Le Spring, Tyne and Wear, DH4 7JU

North East

£649,950
Listed on 10/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2834 sqft

Description

This distinguished five-bedroom detached bungalow presents a remarkable opportunity for those interested in renovation and investment. Set on a generous plot of nearly half an acre, the property is situated in a semi-rural area that balances tranquility with convenient access to local amenities and transport routes, including the A690 and A19, facilitating easy commutes to Durham, Sunderland, and Newcastle upon Tyne. The home offers flexible living arrangements stretched over two levels, with spacious rooms throughout. The ground floor hosts several bedrooms, a large lounge, a dining room that connects through bi-fold doors to the garden, and a well-appointed kitchen/breakfast room featuring high-quality fittings and ample storage. The first floor includes an expansive dormer bedroom complete with an en-suite bathroom and an additional substantial reception room measuring approximately 30 feet in length. Notably, this property features extensive external grounds and a sizeable double garage with potential for conversion into separate living space or an annex—subject to planning permission—which adds significant value. Outdoor areas are well-maintained, providing both privacy and opportunities for landscaping improvements. With the inclusion of modern conveniences such as double glazing, gas central heating, solar panels with battery storage, and CCTV security systems, this home combines comfort with energy efficiency. Investors will find ample potential to enhance this already impressive property into a highly desirable family home or multi-generational accommodation. Considering its adaptable layout and significant outdoor space, early viewings are recommended to fully appreciate its scope for development.

Investment Analysis

(DH4 area)

Above Market Value

This property is priced +26.7% above area average per sq ft

+26.7%
This Property
£229/sq ft
Area Average
£181/sq ft
Avg Rent (weekly)
£158
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£564,094
10% above area average per sq ft
Potential ROI
-23.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (DH4)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -1.0%
5 year growth: +10.2%
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

Whitefield Pit, Houghton Le Spring, Tyne and Wear, DH4 7JU
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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
£2,344
Based on a loan of £487,462 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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