Dubmire Court, Houghton Le Spring, DH4
PU

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
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Dubmire PrimaryAcademy Sponsor LedGood0.33 KM
Sunderland Children'S Centre CoalfieldsChildren's Centre0.50 KM
Burnside Academy InspiresAcademy ConverterGood1.79 KM
Woodlea Primary SchoolCommunity SchoolGood2.14 KM
Newbottle Primary AcademyAcademy ConverterGood2.22 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
John Street £ 45,00000.00 KM
Westgate £ 211,66700.00 KM
Eastgate £ 180,98300.00 KM
Bramble Close £ 202,21700.00 KM
Sleeman Close £ 125,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester-Le-Street7736CLS9.14 KM

Nearby Properties

AddressPriceDistance
17 Dubmire Court £ 125,0000.01 KM
5 Dubmire Court £ 29,0000.01 KM
7 Dubmire Court £ 57,0000.01 KM
13 Dubmire Court £ 63,0000.01 KM
3 Bankhead Terrace £ 87,5000.11 KM