Mill Terrace, Shiney Row, Houghton Le Spring
SA

Mill Terrace, Shiney Row, Houghton Le Spring

By Safe & Secure Properties

£ 45,000

Reviews

2 out of 5 stars

Safe & Secure Properties says ..

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider t...

Property Oracle says ..

This three-bedroom terraced house in Shiney Row, Houghton le Spring is currently listed for £45,000. The property’s location is a positive aspect; Shiney Row offers a reasonable balance of convenience and tranquility. Several well-regarded primary schools are nearby, and Chester-le-Street train station provides access to wider transport links. However, the property is in a significantly poor state of repair. The images show extensive damage and incomplete renovation work throughout, requiring complete refurbishment of the kitchen and bathroom, as well as significant repairs to walls and flooring. The small, neglected yard provides limited external space. The listing price is within the lower range of recently listed properties in the area. However, potential buyers should factor in a substantial budget for renovation and repair works. The property might be attractive to buyers looking for a renovation project with potential resale value but may not be suitable for those not wishing to undertake such extensive renovation work. A full structural survey is highly recommended before purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
3
Location
6
Land
1
Bedrooms
3
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
174,939.00 £
Decreased by 16.85 %
from 210,391.00 £
Average area rental value
787.00 £/mo
Increased by 11.16 %
from 708.00 £/mo
Est rental Yield
5.40 %
Increased by 33.66 %
from 4.04 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Safe & Secure Properties marked this listing as sold.

  • Safe & Secure Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Shiney Row Primary SchoolCommunity SchoolGood0.11 KM
Barnwell AcademyAcademy ConverterGood0.62 KM
Our Lady Queen Of Peace Catholic Primary SchoolAcademy Converter0.84 KM
New Penshaw AcademyAcademy Sponsor LedGood1.06 KM
Newbottle Primary AcademyAcademy ConverterGood2.14 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Westbourne Terrace £ 000.00 KM
Station Road £ 130,83300.00 KM
Sutton Close £ 000.00 KM
Ribblesdale £ 000.00 KM
Princes Street £ 110,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester-Le-Street7736CLS9.66 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
17 Hedworth Terrace £ 50,0000.03 KM
13 Hedworth Terrace £ 84,5000.03 KM
12 Hedworth Terrace £ 45,0000.03 KM
1 Hedworth Terrace £ 78,5000.03 KM
3 Hedworth Terrace £ 59,9500.03 KM