Auction opportunity with rental upside and clear scope to modernise for better returns.
- Auction sale; guide price £45,000
- Freehold; very low council tax band
- Three bedrooms, two reception rooms, one bathroom
- Approximately 876 sq ft with private rear yard
- Estimated rental income £600–£650 pcm
- Requires modernization; single-glazed windows and dated interiors
- High local crime and deprived area; affects resale and lettings
This Victorian two-storey terraced house offers a straightforward, low-entry purchase for first-time buyers or investors prepared to refurbish. The property is offered at auction with a guide price of £45,000 and has estimated rental potential of about £600–£650 pcm. It sits on an average-sized plot with a private rear yard and extends to approximately 876 sq ft.
Internally the layout is practical: two reception rooms, a fitted kitchen, three bedrooms and a single three-piece bathroom. The house retains period character externally but requires modernization inside—single-glazed windows, dated décor, old carpets and a gas fireplace indicate immediate cosmetic and efficiency upgrades are needed.
Location benefits include good transport links, fast broadband and excellent mobile signal, plus several nearby primary and secondary schools rated Good or Outstanding. The property is freehold with a very low council tax band, which helps running costs, but the immediate area is classed as deprived and local crime rates are high; these factors will influence resale and lettings and should be considered by buyers.
For a buyer who can invest time and money, this home presents clear upside: refurbish to increase rental yield or create a comfortable family home in a popular part of Houghton Le Spring. The auction route means a quick purchase is possible for a decisive buyer who understands the work required.
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