Milburn Terrace, Houghton, Houghton Le Spring, Tyne and Wear, DH4 4JY
PA

Milburn Terrace, Houghton, Houghton Le Spring, Tyne and Wear, DH4 4JY

By Pattinson Estate Agents

£ 67,500

Reviews

2 out of 5 stars

Pattinson Estate Agents says ..

Pattinson are delighted to welcome to the market this lovely spacious two bedroom terraced home ideal opportunity for a first time buyer or investor looking to potentially rent it out, with a potential rent of £525-£550pcm. Located on Milburn Terrace, Houghton Le Spring. **Offered w...

Property Oracle says ..

This two-bedroom terraced house in Shiney Row, Houghton le Spring, presents an opportunity for first-time buyers or investors. The property’s location offers proximity to Shiney Row Primary School, rated ‘Good’ by Ofsted, along with other schools within a reasonable distance. The presence of local amenities and transportation links, though not specifically detailed, are implied. The interior requires some modernisation; the photos show a basic, largely unfurnished property with neutral décor. The kitchen and bathroom appear functional but dated, suggesting that potential buyers may want to budget for upgrades. The property includes a small, basic yard, not a large garden. The list price of £67,500 appears to fall in line with prices of comparable properties in the area. Potential rental income is mentioned in the listing which supports the overall value proposition. However, given the limited information provided (no square footage is given), a thorough survey and valuation would be crucial before purchase.

Therefore, we give this property 5 / 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
2
Bedrooms
2
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

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Shiney Row Primary SchoolCommunity SchoolGood0.17 KM
Barnwell AcademyAcademy ConverterGood0.77 KM
Our Lady Queen Of Peace Catholic Primary SchoolAcademy Converter1.01 KM
New Penshaw AcademyAcademy Sponsor LedGood1.21 KM
Newbottle Primary AcademyAcademy ConverterGood1.97 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Westbourne Terrace £ 000.00 KM
Station Road £ 130,83300.00 KM
Goodrich Close £ 270,00000.00 KM
Princes Street £ 110,00000.00 KM
Lulworth Close £ 290,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester-Le-Street7736CLS9.76 KM

Nearby Properties

AddressPriceDistance
28 South View £ 51,0000.06 KM
31 South View £ 47,0000.06 KM
50 South View £ 33,0000.06 KM
36 South View £ 68,8000.06 KM
38 South View £ 22,5000.06 KM