3-bedroom house · DL16 7FJ
To rentReduced £105 (−8.8%) on 6 OctListed 107 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within one of Spennymoor's most sought-after residential developments, this beautifully presented three-bedroom detached home offers stylish and contemporary living with generous outdoor space and excellent off-road parking, making it the perfect choice for families and professionals alike.
Finished to an exceptional standard throughout, the property boasts modern fixtures and fittings, creating a bright and welcoming home.
The spacious accommodation is thoughtfully designed for modern lifestyles with well-proportioned living areas, contemporary kitchen, ideal for everyday family life and entertaining and useful utility space and ground floor cloakroom.
Upstairs, the impressive principal bedroom benefits from both a dressing area and en-suite shower room, while two further well proportioned bedrooms are served by a stylish family bathroom.
Externally, the property continues to impress with a large driveway providing off-road parking for multiple vehicles, along with an integral garage.
To the rear, you’ll find an immaculately maintained garden, offering a private and attractive space to relax, entertain or enjoy with the family.
Situated in the highly desirable Ripley Close, the property enjoys a fantastic location within easy reach of local schools, shops, leisure facilities and transport links providing convenient access to Durham, Bishop Auckland and the A1(M).
This outstanding home combines modern comfort with a fantastic location and is sure to attract significant interest. Early viewing is highly recommended.
Entrance Hall With double glazed entry door to the front elevation, single panel heating radiator and telephone connection point. Decorated with colour washed walls and carpet floor covering.
Lounge With double glazed window to the front elevation, x2 single panel heating radiators, multi media connection point and under stairs storage cupboard.
Decorated with colour washed walls and carpet floor covering.
Kitchen / Dining Room With double glazed French doors and double glazed window to the rear elevation, fitted with a contemporary range of wall and floor mounted units with contrasting laminate working surfaces incorporating stainless steel drainer sink unit with mixer tap, integrated electric oven and gas hob with concealed extractor, integrated fridge freezer and double panel heating radiator.
Decorated with colour washed walls and laminate floor covering.
Utility With double glazed entry door to the rear elevation, fitted with floor mounted unit and contrasting laminate working surface, ideal logic central heating boiler, single panel heating radiator and plumbing for automatic washing machine.
Decorated with colour washed walls and laminate floor covering.
Cloakroom With frosted double glazed window to the side elevation, fitted with push button wc and corner wash basin with tiled splash back and single panel heating radiator.
Decorated with colour washed walls and laminate floor covering. First Floor Landing With single panel heating radiator and access to attic space.
Decorated with colour washed walls and carpet floor covering.
Master Bedroom With two double glazed windows - one to the front elevation and one to the rear, fitted wardrobes and x2 single panel heating radiators.
Decorated with colour washed walls and carpet floor covering.
En-Suite With frosted double glazed window to the rear elevation, fitted with a suite comprising of: Step in shower cubicle with mains powered shower, push button wc and wash hand basin, single panel heating radiator and electric shaving point.
Decorated with part tiled and colour washed walls and laminate floor covering. Bedroom Two With double glazed window to the front elevation, built in wardrobe and single panel heating radiator.
Decorated with colour washed walls and carpet floor covering. Bedroom Three With double glazed window to the rear elevation, fitted wardrobe and single panel heating radiator.
Decorated with colour washed walls and carpet floor covering.
Bathroom With frosted double glazed window to the rear elevation, fitted with a suite comprising of: Panelled bath, push button wc and wash hand basin and double panel heating radiator.
Decorated with part tiled and colour washed walls and laminate floor covering. External To the rear of the property is a well-presented garden with patio and area laid to lawn and side gate access.
To the front is off-road parking for multiple vehicles leading to integral single garage enjoying power and lighting and fitted shelving units.
To the front there are also mature shrubs and open aspect garden area laid to lawn.
EPC Rating B Council Tax Band C Minimum income - £43,200, Current Landlord Reference Needed, Guarantor Required and Bond of £1,380
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
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FAQ
About 24, Ripley Close, Spennymoor
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