Summary - 18 IRONSIDE STREET HOUGHTON LE SPRING DH5 8AY
2 bed 1 bath Terraced
Immediate rental income, low council tax and quick access to main roads and amenities.
- Long-term tenant in situ; rental income from day one
- Freehold tenure with no onward chain
- EPC rating C; relatively energy efficient for its age
- Two double bedrooms and family bathroom
- Small plot and compact internal footprint
- Requires moderate updating to maximise value
- On-street parking and enclosed rear yard
- Located in a deprived area; factor demand and yields accordingly
A straightforward investment-grade two-bedroom mid-terrace offered freehold with a long-term tenant in situ. The tenancy delivers immediate rental income, reducing initial void risk for a buyer seeking an income-generating asset. The property’s EPC C rating helps keep running costs reasonable for tenants.
Internally the layout is compact: a medium living room with a feature fireplace, an L-shaped kitchen/diner and two double bedrooms with a family bathroom. Finishes are presentable but dated in parts; the house would benefit from moderate updating to maximise rental value or resale potential.
Externally there is a small forecourt, on-street parking and an enclosed rear yard. The location provides easy access to A182/A690, regular bus services, nearby schools and local amenities, making it straightforward to let. Note the wider area is classified as deprived blue-collar terraces, so yield-focused buyers should allow for that profile when setting rents or refurbishment budgets.
2 bedroom terraced house for sale in Henry Street, Houghton Le Spring, DH5 — £78,000 • 2 bed • 1 bath • 678 ft²
2 bedroom terraced house for sale in Hudson Avenue, Horden, County Durham, SR8 — £69,950 • 2 bed • 1 bath • 741 ft²
3 bedroom terraced house for sale in Phalp Street, South Hetton, County Durham, DH6 — £87,000 • 3 bed • 1 bath • 862 ft²
3 bedroom semi-detached house for sale in Sidings Place, Houghton Le Spring, County Durham, DH4 — £117,500 • 3 bed • 1 bath • 807 ft²
2 bedroom semi-detached house for sale in Dene Street, Houghton Le Spring, DH5 — £65,000 • 2 bed • 1 bath • 829 ft²
2 bedroom terraced house for sale in Railway Terrace North, New Herrington, DH4 — £50,000 • 2 bed • 1 bath • 819 ft²
