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4 Dorset Street, Easington Lane, Houghton le Spring, Tyne and Wear DH5 0QF - Image 1

4 Dorset Street, Easington Lane, Houghton le Spring, Tyne and Wear DH5 0QF

North East

£20,000Guide Price

Listed on 18/09/2026

The listing

Property details

Bedrooms
1
Type
Terraced Bungalow

Description

This one-bedroom terraced bungalow presents a unique opportunity for renovation and modernization. The property features a hallway, lounge, kitchen, bedroom, and bathroom, providing a functional layout that can be enhanced with thoughtful upgrades. An enclosed garden at the rear offers potential for outdoor improvements, while ample on-street parking adds convenience. Located in a quiet area with an open aspect to the front, this home is offered with vacant possession, making it an appealing project for buyers looking to invest in a property with potential. Offered at auction on 28 October 2026, prospective bidders are encouraged to view the property and conduct necessary inquiries prior to bidding.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

53out of 100
Grade DWeak opportunity

Confidence: LOW

This one-bedroom terraced bungalow presents a project with significant potential for improvement, especially for those who can see beyond the visible signs of neglect and boarded windows. While the property is in poor overall condition, it offers a quiet location with an open aspect to the front, making it appealing for a renovation that could enhance both the living space and the garden. The opportunity to completely reconfigure the interiors and create a modern living environment is an exciting prospect for the right buyer.

With a guide price of £20,000, this property is well below the local average sale price, which is a positive aspect for potential investors. However, bidders should be aware that the eventual sale price may exceed the guide during the auction. Given the heavy renovation scale, expect a budget of £50,000 to £100,000 to bring this home back to life. This is not a light refresh; it's a full-gut project requiring significant investment and commitment.

Key opportunities

  • Transform the interiors to create a modern living space tailored to contemporary tastes.
  • Enhance the enclosed garden, turning it into a private outdoor retreat.
  • Capitalize on the quiet location and open aspect, potentially increasing property value.

Key risks

  • Stripped interiors and a £50,000–£100,000 works budget make this a full-gut programme, not a refresh.
  • Visible neglect throughout the property may indicate potential hidden issues.
  • Boarded windows and poor exterior condition suggest a need for immediate structural attention.

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Map

Location

4 Dorset Street, Easington Lane, Houghton le Spring, Tyne and Wear DH5 0QF
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£76
Based on a loan of £15,000 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.

Tax

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