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See how verdicts work3-bedroom bungalow · DL16 7JX
For saleReduced £45k (−13.6%) on 22 OctListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***stunning detached bungalow enjoying A corner position on this popular estate*** ***extensive garden areas plus garage & drive*** Nestled in a desirable corner position on a popular estate in Kirk Merrington, this beautifully presented three-bedroom detached bungalow offers a fantastic opportunity for a wide range of buyers.
The property is finished to a good standard throughout, providing spacious and versatile living all on one level.
One of the standout features is the generous wraparound garden-perfect for entertaining, relaxing, or enjoying the outdoors-along with a garage and driveway offering ample off-road parking.
Bungalows of this quality and location are rarely available, making this a superb opportunity not to be missed.
Early viewing is highly recommended with the floorplan briefly comprising Entrance into Reception Hall, good size Lounge, modern Kitchen/Dining Room plus handy Utility Space, well appointed Bathroom with 4 piece suite plus 3 Bedrooms with the Master enjoying an En Suite.
Externally to the front there is a driveway providing off road parking which in turn leads to the garage whilst to the side there is large fence enclosed private extensive astro-turfed garden being ideal for relaxing and entertaining.
To the rear there is a further private fence enclosed astro turfed garden with flagged area being ideal for seating and al-fresco dining. Viewing is an absolute must!
Reception Hallway Radiatior, laminate flooring, access into:- Living Room 6.0198m x 4.064m - 19'9” x 13'4” Upvc framed double glazed window, radiator, double doors leading into kitchen/diner.
Kitchen/Dining Room 7.2644m x 3.3782m - 23'10” x 11'1” Fitted with a good range of base and wall units finished in grey, heat resistant worktops, sink unit with mixer tap, range style oven with hob and chimney extractor hood, integrated fridge freezer, laminate flooring, upvc framed double glazed window, radiator, tiling to splashbacks, inset spotlights to ceiling, ample room for dining table and chairs, upvc framed double glazed patio doors leading out to the rear of the property.
Utility Laminate flooring, upvc framed double glazed window, radiator, plumbing for automatic washing machine and dryer, door accessing the rear of the property.
Inner Hall Laminate flooring, loft access.
Bathroom Fitted with a very well appointed 4 piece suite comprising panel bath, corner shower cubicle with overhead shower, handwash basin set into vanity unit, low level WC, upvc framed double glazed window, heated towel rail, tiling to splashbacks, inset spotlights to ceiling, extractor.
Bedroom 1 4.826m x 4.0386m - 15'10” x 13'3” upvc framed double glazed window, radiator, access into:- En Suite Fitted with a well appointed 3 piece suite comprising corner shower cubicle with overhead shower, handwash basin inset into vanity unit, low level WC, upvc framed double glazed window, tiling to splashbacks, heated towel rail, extractor.
Bedroom 2 3.2512m x 3.0988m - 10'8” x 10'2” upvc framed double glazed window, radiator, built in wardrobes. Bedroom 3 3.0226m x 2.1082m - 9'11” x 6'11” upvc framed double glazed window, radiator.
Outside Externally to the front there is a driveway providing off road parking which in turn leads to the garage whilst to the side there is large fence enclosed private extensive astro-turfed garden being ideal for relaxing and entertaining.
To the rear there is a further private fence enclosed astro turfed garden with flagged area being ideal for seating and al-fresco dining.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
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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 1, The Croft, Spennymoor
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