Dubmire Court, Houghton Le Spring, DH4
By Purplebricks
£ 45,000
Reviews
2 out of 5 stars
Purplebricks says ..
Being sold with a tenant in situ paying £450pcm so offering an excellent rental yield. Welcome to this charming 1-bedroom flat nestled in the heart of Houghton Le Spring, awaiting its new owner with open arms. Situated in a tranquil area, this property offers the perfect blend of comfort and conv...
Property Oracle says ..
This one-bedroom ground floor flat in Houghton Le Spring is being marketed as a buy-to-let opportunity due to its existing tenant. Located in Dubmire Court, it benefits from being relatively close to Dubmire Primary School, which has a ‘Good’ Ofsted rating, suggesting a family-friendly neighbourhood. The property’s condition seems functional but could benefit from modernisation. The kitchen and bathroom are adequately equipped, yet the aesthetic design and overall finishes appear somewhat dated.
The lack of provided square footage makes a definitive analysis of value per square foot impossible; however, the asking price seems competitive when considering other listings in the area (especially when considering the rental income already secured). The lack of a garden or outdoor space is a significant drawback for those seeking extra living space or outside area. Overall, this property presents a potential investment opportunity for those seeking rental income or a starter home with the expectation of future updating. The lack of square footage data does however present limitations to a thorough value appraisal.
Therefore, we give this property 4 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
Metrics
- Area value Growth
- 71,897Increased by 12%
- Rental Yield Growth
- 24.57%Decreased by 4.05%
Agent Activity
Purplebricks created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Dubmire Primary | Academy Sponsor Led | Good | 0.33 KM |
Sunderland Children'S Centre Coalfields | Children's Centre | 0.50 KM | |
Burnside Academy Inspires | Academy Converter | Good | 1.79 KM |
Woodlea Primary School | Community School | Good | 2.14 KM |
Newbottle Primary Academy | Academy Converter | Good | 2.22 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
John Street | £ 45,000 | 0 | 0.00 KM |
Westgate | £ 211,667 | 0 | 0.00 KM |
Eastgate | £ 180,983 | 0 | 0.00 KM |
Bramble Close | £ 202,217 | 0 | 0.00 KM |
Sleeman Close | £ 125,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Chester-Le-Street | 7736 | CLS | 9.14 KM |
Nearby Listings
Address | Price | Score | Distance |
---|---|---|---|
Dubmire Court, Houghton Le Spring, DH4 | £ 45,000 | 4 / 10 | 0.00 KM |
Harwood Drive, Mulberry Park, Houghton Le Spring | £ 72,500 | 5 / 10 | 0.16 KM |
Harwood Drive, Mulberry Park, Houghton Le Spring, Tyne and Wear, DH4 5NY | £ 155,000 | Unknown | 0.18 KM |
Ellesmere Close, Houghton Le Spring, Tyne and Wear, DH4 | £ 79,000 | 4 / 10 | 0.18 KM |
Harwood Drive, Mulberry Park, Houghton Le Spring, Tyne and Wear, DH4 5NY | £ 64,950 | 5 / 10 | 0.18 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
17 Dubmire Court | £ 125,000 | 0.01 KM |
5 Dubmire Court | £ 29,000 | 0.01 KM |
7 Dubmire Court | £ 57,000 | 0.01 KM |
13 Dubmire Court | £ 63,000 | 0.01 KM |
3 Bankhead Terrace | £ 87,500 | 0.11 KM |