Summary - 30 RAILWAY TERRACE NORTH NEW HERRINGTON HOUGHTON LE SPRING DH4 7BB
2 bed 1 bath Terraced
High-yield buy-to-let in a well-connected village edge location.
SOLD WITH TENANT IN SITU — immediate rental income
A compact two-bedroom mid-terrace offered with a tenant in situ and a strong gross yield of over 9%, making it a clear prospect for buy-to-let investors. The house dates from the early 20th century and retains a traditional brick exterior; internal space is average with a living room, kitchen, ground-floor bathroom plus separate WC, and two first-floor bedrooms. Council Tax Band A and an EPC rating of D keep running costs modest.
The property requires visible updating: internal rooms are dated and need modernisation, the rear yard/garden is overgrown and will need landscaping, and some refurbishment works are likely to get the property to a higher rental standard. Services and appliances have not been tested — a survey is recommended for buyers wanting clarity on heating, electrics and structure.
Location is practical for regional commuting with good links to the A19 and A1(M), countryside nearby and local amenities. The immediate area is classified as deprived with predominately social-rented terraces; this is reflected in price and rental yield but should be considered when assessing long-term capital growth. Sold freehold with tenant in situ — purchasers should factor in tenancy terms and notice periods when planning refurbishment or returns.
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