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Picture No. 09
For saleReduced 9 Jun 2025
£50,000Offers over

South Burn Terrace, New Herrington, Houghton Le Spring, Tyne and Wear, DH4 7AW

3bedrooms
1bathroom
Flattype
Leaseholdtenure

Listed 26 Mar 2025 · price reduced 9 Jun 2025 · Houghton le Spring

How the price compares

This home£50,000
Median 3 bed in DH4£190k71 homes listed · £219 per sq ft
Difference-74%below the area median

Key features

  • 3 Bed First Floor Flat
  • No Upward Chain
  • Ideal for Investor or FTB
  • Approx. 69SqM - 743SqFt
  • Council Tax Band A
  • Leasehold- Tyneside Lease
  • 999yrs from 08-08-1986

About this home

A spacious three bedroom first floor flat offering a great investment opportunity, currently being offered for sale with a tenant in situ paying £575 pcm.

The private entrance hall leads you to the stairs and a spacious Landing. The Lounge is served by a modern style kitchen with built in appliances and the three bedroom are served by a family bathroom.

There are external steps into a rear yard with rear access. All of this is set in a popular and well served residential area with local shopping, schooling of all grades. health and leisure facilities all close at hand.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QHO250091/2

Property details

Property type
Flat
Council tax band
A
Tenure
Leasehold
Lease remaining
0 years left
Garden
Yes

Floorplan

Floorplan

Location

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  • South Hylton Metro Station3.0 mi
  • Chester-le-Street Station3.9 mi
  • Millfield Metro Station4.0 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.

AddressTypeSoldPrice
8 South Burn Terrace
Houghton Le Spring DH4 7AW
Terraced
Leasehold
16 Dec 2025£30,000
6 South Burn Terrace
Houghton Le Spring DH4 7AW
Flat
Leasehold
17 Oct 2025£60,000
5 South Burn Terrace
Houghton Le Spring DH4 7AW
Other
Freehold
17 Oct 2025£60,000

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£250£5,000 deposit · £45,000 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 YOUR MOVE Chris Stonock, Houghton Le Spring on Rightmove (original listing). First listed 26 Mar 2025; details checked 7 Nov 2026. Latest change: reduced on 09/06/2025.

Agent disclaimer

Disclaimer - Property reference QHO250091. 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 YOUR MOVE Chris Stonock, Houghton Le Spring. 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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