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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom

Features

  • Freehold
  • On street/residents parking

Listing view statistics

Last 30 days: 234 page views

Since listed: 234 page views

Description

Property Description
Temple I are presenting an amazing investment/development opportunity in central Houghton-Le-Spring. The subject site is located a quarter mile away from the A690 in Houghton-le-spring, a centralized and sought after location for such projects. Instantiated in the upstairs end flat on Shields Place, settled in the hearty community within the town. There is on-street parking along with 24/7 access with external lighting following the footpath.
Declared as a one bedroom flat this investment opportunity is ideal for a complete refurbishment to modernize the living space. Upon entrance then upstairs the bedroom is located to the rear of the staircase swooping around the side of the building. The kitchen is centrally located between the bathroom to the rear and the living room facing the front of the house, the back door and fire escape are located next to the rear bathroom.
This opportunity is ideal for development, investors and builder’s project, adding to this house will guarantee to add extra immediate value. Post renovations the flat will produce £400 per month.

Location
Centrally located in Houghton, a minutes access to the A690 takes you directly to central Sunderland and Durham, and to the A1(M) which is 25 minutes to Newcastle and Darlington. With the town center within walking distance, alongside the bus station everything is within walking distance.

Tenure
Freehold

Rooms
Living room – 4.1m x 2.9m
Bedroom – 2.3m x 1.7m
Bathroom – 1m x 1.9m
Kitchen – 3m x 2.8m

You could get

Superfast broadband Superfast broadband

Up to 55 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Chester-le-Street 4.5 miles
  • Seaham 5 miles
  • Bernard Gilpin Primary School 0.3 miles
  • Kepier 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Chester-le-Street 4.5 miles
  • Seaham 5 miles
  • Bernard Gilpin Primary School 0.3 miles
  • Kepier 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in DH5:

  • £90,893
  • Price increase

  • £2,900
  • (3.296%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £69,166
  • Properties sold

    3

Rental opportunities

Not known

Recent sales nearby

See all recent sales in DH5
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
5th Feb 2020 £25,000 First listed
20th Feb 2014 £25,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Temple I Property Group and Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Temple I Property Group and Consultants for full details and further information.