2-bedroom terraced house · DL16 6LU
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are delighted to offer to the market this SUPERB TWO BEDROOM MID TERRACED HOUSE located on the ever popular Grange Estate just off Durham Road.
This superbly positioned property is a lovely home an is sure to appeal to a variety of rental applicants.
The property is offered in immaculate decorative order throughout and has an endless amount of benefits.
Some of its key features are; spacious lounge, lovely outlook to the front elevation, separate garage, easy to maintain gardens and presentably kitchen and bathroom.
Conveniently located for access to nearby Spennymoor Town centre and local amenities and yet conveniently located for access to bus routes on Durham Road.
The property benefits from UPVC DOUBLE GLAZING and GAS CENTRAL HEATING. In brief the property comprise of; entrance hall, spacious lounge/dining room, modern white fitted kitchen.
To the first floor is two good sized bedrooms and family bathroom. Externally to the front elevation is a easy to maintain garden.
While to the rear there is a good sized garden which can provide access to the garage. Given all of the above early viewings is advised to avoid any disappointment.
EPC rating - C Council Tax Band A Tenant Earnings - £18,000 per year Guarantor Earnings - £21,600 per year
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Witton Drive, Spennymoor
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