7 South Burn Terrace, Houghton Le Spring
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7 South Burn Terrace, Houghton Le Spring

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We have confidence in this estimated current valuation Updated recently
£67,600
Or £439 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Jan 8, 2015
£42,950
Rental
Jan 8, 2015
£350
For Sale
Nov 6, 2021
£49,950
For Sale
Mar 9, 2022
£49,950

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 7 South Burn Terrace, Houghton Le Spring, a cozy and compact flat type home with 3 bed in the DH4 7AW area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band A.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £67,600 and a rental potential of £439 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Jan 8, 2015. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" *** FOR SALE VIA THE GREAT NORTH PROPERTY AUCTION *** STARTING BID ?42,950 **first floor apartment benefiting from gas central heating, double glazing and a modern theme throughout. The accommodation briefly comprises: Entrance door to: Hall leading to first floor landing giving access to lounge, fitted kitchen, bathroom and THREE bedrooms. this property is tenanted for six months achieving ?350 pcm.

ENTRANCE DOOR TO HALL Staircase, laminate flooring. FIRST FLOOR LANDING Single radiator. LOUNGE 4.62m x 3.66m

(15'2 x 12'6) Electric fire, single radiator. KITCHEN 4.57m x 1.83m

(15 x 6'6) Range of fitted base and wall units with contrasting work surfaces incorporating a stainless steel 1? bowl and drainer with mixer tap, part tiled, stainless steel electric oven and gas hob with overhead extractor, combination boiler, plumbing for automatic washing machine, door to rear. BATHROOM Low level w.c, pedestal wash basin, panel bath with telephone taps, part tiled, heated towel rail. BEDROOM ONE 4.45m x 3.38m

(14'7 x 11'11) Single radiator. BEDROOM TWO 3.35m x 2.16m

(11 x 7'10) Single radiator. BEDROOM THREE Single radiator. VIEWING ARRANGEMENTS VIEWING ARRANGEMENTS To arrange an appointment to view this property, please contact us on 0191 5124940. Our opening hours are Monday to Friday 9.00a.m. to 5.00p.m., Saturday 9.00a.m. to 12.30p.m. PLEASE NOTE These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of presentation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. MORTGAGE ADVICE It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance. If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation. This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service. HOME AT RISK Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it. Auctioneers Comments This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer?s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of ?5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by ?[Great North Property Auction] powered by iam-sold Ltd? or ?iam-sold Ltd?. "

Property Data

Data point Compared to road
Tax band A

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £308 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Newbottle Primary Academy
0.5mi
Burnside Academy Inspires
0.6mi
Dubmire Primary
0.8mi
Shiney Row Primary School
0.9mi
Bournmoor Primary School
1.0mi
Nearby Stations
Chester-le-Street Station
3.5mi
South Hylton Station
3.9mi
Pallion Station
5.0mi
Millfield Station
5.1mi
University Station
5.2mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 7 South Burn Terrace, Houghton Le Spring worth?

    7 South Burn Terrace, Houghton Le Spring is now worth £67,600 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 7 South Burn Terrace, Houghton Le Spring - click click here to get a valuation with no strings attached.

  2. What is the rental value of 7 South Burn Terrace, Houghton Le Spring?

    The current rental valuation for this property is £439 per month, within a price range of £395 and £483.

  3. How many bedrooms does 7 South Burn Terrace, Houghton Le Spring have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 7 South Burn Terrace, Houghton Le Spring?

    Nearby schools in include Newbottle Primary Academy, Burnside Academy Inspires, Dubmire Primary, Shiney Row Primary School, Bournmoor Primary School

    Nearby stations in include Chester-le-Street Station, South Hylton Station, Pallion Station, Millfield Station, University Station.

  5. What type of property is 7 South Burn Terrace, Houghton Le Spring

    This is a Flat property. There are 13 other Flat properties on SOUTH BURN TERRACE, and 27 in total.

  6. When was 7 South Burn Terrace, Houghton Le Spring built? How old is 7 South Burn Terrace, Houghton Le Spring?

    7 South Burn Terrace, Houghton Le Spring was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Durham, Durham Chester Le Street, Durham Chester Le Street, Tyne And Wear Houghton Le Spring, Tyne And Wear Consett, Durham Stanley, Durham Durham, Tyne And Wear