2-bedroom flat · DL16 6JX
For saleListed 44 days
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 BEAUTIFULLY PRESENTED and DECEPTIVELY SPACIOUS TWO BEDROOM FIRST FLOOR APARTMENT, which is a true credit to its current owner.
Finished to an exceptional standard throughout, this stylish home provides contemporary living space that is ready to move straight into.
Ideally located on Durham Road, the property enjoys excellent access to a wide range of local amenities and is just over a ten-minute walk from Spennymoor Town Centre.
The apartment is also perfectly positioned for commuters, with excellent transport links to Durham, Darlington and surrounding areas, together with convenient access to local bus routes.
The accommodation briefly comprises ENTRANCE HALLWAY with stairs leading to the first floor, a spacious & welcoming LOUNGE, STYLISH CONTEMPORARY KITCHEN, LUXURIOUS BATHROOM and a WELL PROPORTIONED BEDROOM.
From the lounge, a staircase leads to the impressive second-floor PRINCIPAL BEDROOM/LOFT ROOM creating a unique and versatile living space.
Externally, the property benefits from an ENCLOSED REAR YARD, designed for ease of maintenance and providing a pleasant outdoor seating area.
Properties finished to this standard rarely remain on the market for long, therefore early viewing is strongly recommended to fully appreciate the quality, space and location on offer.
EPC Rating: C Council Tax Band: A Entrance Hallway - Stairs leading to the first floor. Landing - With quality flooring.
Lounge - 4.04mx4.17m (13'3x13'8) - With quality flooring, storage cupboard and cast iron radiator.
Kitchen - 3.15mx1.83m (10'4x6') - Fitted with a stunning range of wall and base units, integrated fridge freezer, oven, hob, extractor fan, stylish sink with mixer tap and drainer, tiled splash backs, storage cupboard housing washing machine, upvc window and access to rear yard.
Bathroom - 2.31mx1.63m (7'7x5'4) - Fitted with a whirl pool bath with shower over, wash hand basin, wc, tiled splash backs, fitted towel rail, extractor fan, spot lights to ceiling and upvc window.
Bedroom 1 - 4.17mx3.10m (13'8x10'2) - With quality flooring, cast iron radiator and upvc window.
Loft Room - 6.12mx4.57m (20'1x15') - Fitted with a range of built in wardrobes, cast iron radiator, spot lights to ceiling and upvc windows giving a pleasant outlook.
Externally - To the rear there is a good sized enclosed yard.
Agents Notes - Council Tax: Durham County Council, Band A Tenure: Freehold Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Probate – NA Rights & Easements – None known Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – stair access only, no lift Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £35 +vat (£42inc.
VAT) per individual purchaser applies for carrying out these checks.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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