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3 Garden Estate, Hetton-le-Hole, Houghton-le-Spring, DH5 9HT - Image 1
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3 Garden Estate, Hetton-le-Hole, Houghton-le-Spring, DH5 9HT

North East

£40,000

Listed on 04/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace property presents a noteworthy opportunity for renovation in the vibrant locale of Hetton le Hole, near Houghton-le-Spring. Currently vacant, it features both front and rear gardens, which enhance its outdoor space potential. The interior is in need of refurbishment, making it an inviting project for investors or DIY enthusiasts looking to capitalize on the area's amenities and nearby recreational spaces like Elemore Park. Ground floor accommodation includes a reception room, kitchen, and bathroom/WC, with two bedrooms and an additional WC located on the first floor. Its location promises convenient access to local shops, transportation links via the A690 and A19, and proximity to Sunderland and Durham.

Investment Analysis

(DH5 area)
Area Average
£165/sq ft
Avg Rent (weekly)
£145
Avg Yield
4.7%

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
19
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DH5)

Area prices are falling by -7.5% over the last 12 months
3 year growth: -9.1%
5 year growth: -8.2%
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

3 Garden Estate, Hetton-le-Hole, Houghton-le-Spring, DH5 9HT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£151
Based on a loan of £30,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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