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South View Terrace, Houghton le Spring, Tyne and Wear, DH4 5NP - Image 1
South View Terrace, Houghton le Spring, Tyne and Wear, DH4 5NP - Image 2
South View Terrace, Houghton le Spring, Tyne and Wear, DH4 5NP - Image 3
South View Terrace, Houghton le Spring, Tyne and Wear, DH4 5NP - Image 4
South View Terrace, Houghton le Spring, Tyne and Wear, DH4 5NP - Image 5
South View Terrace, Houghton le Spring, Tyne and Wear, DH4 5NP - Image 6

South View Terrace, Houghton le Spring, Tyne and Wear, DH4 5NP

North East

£49,950
Listed on 31/03/2026

Property Details

Bedrooms
1
Type
Terraced

Description

This mid-terraced one-bedroom cottage with an additional loft room offers a compelling opportunity for buyers looking to invest in a renovation project. Situated in Houghton le Spring, the property is free from any onward chain, which facilitates a rapid transition for new owners eager to start their refurbishment endeavors. The cottage features a solid structure but requires extensive updating throughout. It consists of a cozy reception area, a reasonably sized bedroom, and a practical bathroom. A noteworthy asset is the loft room, which presents potential for various uses such as an office or hobby space after appropriate modifications are made. Gas combi central heating and UPVC double glazing are already installed, providing a base of modern comfort that can enhance the property's energy efficiency and utility. These elements will serve as advantages during the renovation process. Externally, the property includes an inviting front garden that enhances its overall appeal and creates space for outdoor relaxation. The rear yard adds another layer of functionality to the outdoor area. Located within easy reach of local amenities including shops, schools, and transport links, this property combines community charm with accessibility to larger urban areas in the North East. Given its location and renovation potential, it is an attractive prospect for investors or first-time buyers aspiring to create their ideal living space.

Investment Analysis

(DH4 area)
Area Average
£181/sq ft
Avg Rent (weekly)
£158
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DH4)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -1.8%
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

South View Terrace, Houghton le Spring, Tyne and Wear, DH4 5NP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£177
Based on a loan of £37,462 over 30 years at 3.91% 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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