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SOLD STC

Store Terrace, Easington Lane, Houghton le Spring, Tyne And Wear, DH5

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • IDEAL FOR INVESTMENT
  • TENANT IN SITU
  • POPULAR LOCALITY
  • SPACIOUS FLOORPLAN
  • EXCELLENT LOCAL AMENITIES
  • EPC RATING - D

Description

Turnkey Tenanted Investment | £475 PCM Income | 8.1% Gross Yield

4a Store Terrace, Easington Lane, Houghton le Spring, DH5 0JZ

Asking Price: £80,000 | Freehold | Tenanted | Council Tax Band: A

Aycliffe Homes are proud to offer this solid, income-generating buy-to-let in the ever-popular Easington Lane area — fully tenanted, well maintained, and returning £475 PCM from day one.

This spacious three-bedroom mid-terrace is in great condition throughout and sits within walking distance of the local high street, schools, and key transport routes linking to Durham, Sunderland, Newcastle and Seaham. It's the kind of property that rents easily and stays let.

Key Features:

£5,700 annual rental income

Strong 8.1% gross yield

Tenant in situ – no voids, no hassle

Three good-sized bedrooms

Spacious lounge + kitchen/diner

Downstairs WC & family bathroom

Enclosed front & rear gardens

Double glazing & gas central heating

Turnkey condition – no work needed

Investment Snapshot:

Purchase Price: £80,000

Rent: £475 PCM / £5,700 PA

Gross Yield: 8.1%

Condition: Excellent – ready to go

Let Status: Tenant in place and settled

These are the type of investments that just work — affordable, low maintenance, easy to manage, and in a location where rental demand is always strong. Whether you're just starting out or growing your portfolio, this one ticks all the right boxes.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Store Terrace, Easington Lane, Houghton le Spring, Tyne And Wear, DH5

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About Dowen, Bishop Auckland

125 Newgate Street Bishop Auckland DL14 7EN
Industry affiliations:

Tried, Tested & Trusted in the North East Since 1982

At Dowen Estate Agents, we deliver a 5-star estate agency experience through a passionate team of property experts. Our foundation is traditional estate agency, now seamlessly blended with 21st-century technology to meet the evolving needs of every client.

Founded in 1982 by Denis Dowen, the company was acquired in 2020 by long-standing employees John Nicholson and Trudie Bowes. Today, Dowen operates 8 branches and bespoke Auction Stores, covering the North East from coast to A1 corridor.

We’re a full-service estate agency, offering:

Residential Sales: Tens of thousands of properties sold across all price ranges.

Lettings: Hundreds of homes under professional management.

Auctions: Founding member of The Great North Property Auction, with thousands of successful sales since 2012.

Surveys & EPCs: Provided via our panel of independent surveyors.

Conveyancing: Competitive rates through trusted local solicitors.

Mortgages: Arranged via independent brokers.

We proudly subscribe to the National Association of Estate Agents and the Ombudsman for Estate Agents, adhering to their strict codes of practice.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£365
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 10699583. 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 Dowen, Bishop Auckland. 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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