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See how verdicts work2-bedroom flat · DL16 6SH
For saleListed 511 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FIRST FLOOR APARTMENT FOR SALE INCLUDES GROUND FLOOR COMMERCIAL SHOP To the Ground floor shop **INCLUDED IN THIS SALE IS ALL SWEET ROSE ICE CREAM PARLOUR APPLIANCES** (A list can be obtained from Kan Move) Situatued on DURHAM ROAD Spennymoor, great access, on a local bus route, outskirts of Durham City NO ONWARD CHAIN Spacious Two bedroom first floor apartment with its own entrance to the front, gas fired central heating system, double glazed, Lounge, Kitchen/Breakfast, Large bathroom.
Freehold Ground floor commercial shop a well etablished "Sweet Rose Ice Cream Parlour" the shop ground floor has two front entrance reception rooms with spacious seating area , Kitchen, ground floor W/C, rear access to a yard with double wrough iron gates.
VIEWING BY APPOINTMENT ONLY Entrance Entrance composite door with stairs/access to the First floor apartment and the ground floor shop.
Apartment Lounge 16' 0'' x 12' 0'' (4.87m x 3.65m) UPVC Double glazed window to rear and front, wall mounted electric fire, large storage cupboard.
Apartment Kitchen/Breakfast 13' 0'' x 12' 0'' (3.96m x 3.65m) UPVC Double glazed window to front, stainless steel sink unit with mixer tap, eye level oven and microwave, cream gloss wall and base units, plumbing for washing machine, space for fridge.
Bedroom One 16' 0'' x 12' 0'' (4.87m x 3.65m) UPVC Double glazed window to front, wall mounted boiler, storage cupboard.
Bedroom Two 10' 0'' x 8' 0'' (3.05m x 2.44m) plus narrowing to 6'0" UPVC Double glazed window to front Apartment Bathroom UPVC Double glazed window to side, seperate double shower cubicle with shower off the mains, vanity unit with sink, mixer tap and drawers, low level w/c, part tiled walls, bath with mixer tap.
Ground Floor Commercial Ground floor shop/Cafe traded as a well established Business, Sweet Rose Ice Cream Parlour, **INCLUDED IN THIS SALE IS ALL SWEET ROSE ICE CREAM PARLOUR APPLIANCES** (A list can be obtained from Kan Move) A first floor apartment comes with the property.
The ground floor accomodation offers : Two reception rooms to the front of the building, Kitchen, ground floor W/C. Kitchen Composite door to rear yard.
Ground Floor Cloaks W/C W/C, wash hand basin Reception Room One UPVC Double glazed window to front Reception Room Two UPVC Double glazed window to front Shop Front Shop front with UPVC Entrance door and windows
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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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 Durham Road, Spennymoor
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