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Front Street Hetton Le Hole Houghton Le Spring

North East

£100,000
Listed on 10/03/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This offering includes three prime building plots, each approximately 550m2, with established planning permission for the construction of over 30 one-bedroom apartments. The approved plans also encompass communal facilities, such as an office, reception area, lounge, and a gym. Investors and developers will find this site particularly attractive due to its versatility; not only can it support residential developments, but it has also received outline approval for care-related establishments. The potential to gate the entrance adds an executive touch that could enhance the appeal of the development. There are opportunities for further diversification in the project scope—subject to necessary planning approvals—which can cater to a variety of housing needs, including bungalows and flats. This property presents a unique investment potential in the North East market.

Investment Analysis

(DH5 area)
Area Average
£167/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (DH5)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -5.5%
5 year growth: -2.8%
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

Front Street Hetton Le Hole Houghton Le Spring
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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
£361
Based on a loan of £75,000 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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