8 photos
£60,000Offers in excess of
2 bed1 bathEnd of Terrace732 sq ft
Elizabeth Street, Houghton Le Spring
Listed 3 Mar 2026
For saleReduced 7 May 2026
£59,995
Pinewood Street, Houghton Le Spring, DH4 6AY
2bedrooms
1bathroom
Terracedtype
862sq ft
Freeholdtenure
Listed 4 Feb 2026 · price reduced 7 May 2026 · Houghton le Spring
How the price compares
This home£59,995£70 per sq ft
Median 2 bed in DH4£100k50 homes listed · £118 per sq ft
Difference-40%below the area median
Key features
- Buy to let investment opportunity
- Sold with long term sitting tenant
- Income from day 1
- 7% + rental yield
- EIRC and Gas Certificates In Place
- Council Tax Band A
- Buyers Premium Fee Applicable of £3,600+VAT
About this home
An excellent BUY TO LET INVESTMENT opportunity, this well-proportioned two-bedroom terraced house is offered for sale with a long-term SITTING TENANT in place, providing a high rental yield and immediate rental income and cash flow from day one.
The accommodation briefly comprises of Entrance vestibule, living room, kitchen/dining area, offering ample space for everyday living and dining.
To the first floor, a central landing gives access to two well-sized bedrooms and wet room, designed for practical and low-maintenance living.
Externally, the property benefits from an enclosed rear yard, ideal for private outdoor space and ease of upkeep.
Located on Pinewood Street, Houghton-Le-Spring, DH4, the property is well positioned for local amenities, transport links, and schools, making it a consistently attractive rental location.
Property details
- Property type
- Terraced
- Size
- 862 sq ft / 80 sq m
- Council tax band
- A
- Tenure
- Freehold
- Garden
- Yes
Floorplan
Location
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- Chester-le-Street Station2.6 mi
- South Hylton Metro Station4.8 mi
- Durham Station5.4 mi
What nearby homes sold for
Median sold prices in DH4 over the last 12 months: terraced £112k · semi-detached £155k · detached £263k · flat £75k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 4 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 6 Jan 2026 | £70,000 |
| 12 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 21 Aug 2025 | £76,000 |
| 17 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 6 Aug 2025 | £57,000 |
| 13 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 14 Mar 2025 | £87,000 |
| 5 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 27 Sept 2024 | £65,000 |
| 4 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 20 Sept 2024 | £47,500 |
| 33 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 4 Sept 2024 | £55,000 |
| 3 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 23 Aug 2024 | £65,000 |
| 6 Pinewood Street Houghton Le Spring DH4 6AY | Terraced Freehold | 10 Jan 2024 | £39,999 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DH4
Buying costs
Monthly repayment£300£6,000 deposit · £53,996 loan
Stamp Duty£0England rates
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by PROPERTY EXPRESS SALES, Middlesbrough on Rightmove (original listing). First listed 4 Feb 2026; details checked 7 Nov 2026. Latest change: reduced on 07/05/2026.
Agent disclaimer
Disclaimer - Property reference 34446708. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PROPERTY EXPRESS SALES, Middlesbrough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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