3-bedroom house · DL16 6NB
Listing removedListed 204 days
Opportunity summary
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About
Robinsons are delighted to present to the market this beautifully maintained home, offering three double bedrooms and pleasantly positioned on the edge of the highly sought after, family friendly Durham Gate development on Watson Park.
Ideally situated, the property provides convenient access to a wide range of local amenities in and around Spennymoor, including shops, schools and restaurants, making it a perfect choice for families looking to secure a well cared for home in a popular location.
This generously proportioned property also benefits from excellent transport links to major road networks including the A1 and A19, and is ideally placed for commuting to Durham City, Darlington and Teesside.
The home is the desirable Greyfriars design, built by Persimmon Homes, and has been lovingly maintained by the current owners.
It will appeal to a variety of buyers, including first time buyers, families and investors.
In brief, the accommodation comprises an entrance hallway with access to a ground floor cloakroom and WC, a spacious breakfasting kitchen and a separate study or playroom.
To the first floor, the landing leads to a lovely lounge featuring a Juliet balcony to the front, along with the master bedroom complete with En Suite facilities.
The second floor hosts two further double bedrooms and a family bathroom.
Externally, the property offers a low maintenance forecourt to the front, and a good sized rear garden with access to the driveway and garage.
EPC Rating - tbc Council Tax Band- C Hallway - Radiator, quality flooring, stairs to 1st floor W/C - w/c, wash hand basin, radiator, extractor fan Kitchen/Diner - 3.99m x 3.91m (13'1 x 12'10) - Modern wall & base units, integrated oven hob, extractor fan, dishwasher, washing machine, stainless steel sink with mixer tap & drainer, space for dining room table, quality flooring, storage cupboard, UPVC windows, space for fridge/freezer, radiator, french doors leading to rear garden, spot lights Study/Playroom - 3.02m x 2.72m (9'11 x 8'11) - Quality flooring, UPVC windows, radiator Landing - Spot lights, stairs to second floor Lounge - 3.99m x 2.79m (13'1 x 9'2) - UPVC window, radiator, Juliet balcony Bedroom 1 - 3.99m x 2.87m (13'1 x 9'5) - UOVC windows, radiator, quality flooring Ensuite - Shower cubicle, wash hand basin, w/c, extractor fan, tiled effect flooring & splash backs Second Floor Landing - Quality flooring, airing cupboard Bedroom Two - 3.99m x 3.10m (13'1 x 10'2) - UPVC windows, radiator Bedroom Three - 3.99m x 2.92m (13'1 x 9'7) - UPVC windows, radiator, quality flooring, loft access via pull down ladder which is partially boarded Bathroom - White panelled bath, wash hand basin, w/c, chrome towel radiator, extractor fan, tiled splash backs Externally - To the front elevation is an easy to maintain forecourt, while to the rear there is a pleasant enclosed garden which gives access to a driveway& garage.
Agent Notes - Council Tax: Durham County Council, Band C 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 Central Heating 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 £30 (inc. 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
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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.
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