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See how verdicts work2-bedroom terraced house · DL16 6DX
For saleReduced £3k (−2.7%) on 26 OctListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are delighted to offer to the sales market this perfect and well presented TWO BEDROOM MID-TERRACE HOUSE which should appeal to a number of buyers including the first time buyer and investors.
This lovely home is a credit to its current owner and must be viewed to be appreciated.
South Terrace, Spennymoor is conveniently located with good transport links to nearby Durham City, Bishop Auckland and Darlington and is ideally located being within walking distance of Spennymoor town centre where there is a wide variety of shopping facilities, bus routes and schooling.
The property has spacious accommodation throughout and Benefitting from UPVC DOUBLE GLAZING and GAS CENTRAL HEATING.
The property comprises of ENTRANCE PORCH, HALLWAY, LOUNGE, DINING ROOM, STUNNING KITCHEN.
To the first floor there is landing area which leads to TWO DOUBLE BEDROOMS, Modern family BATHROOM and a LOFT ROOM. Externally there is a GARDEN to the front and a yard to the rear.
In more detail the accommodation comprises of:- EPC Rating E Council Tax Band A Porch - Stylish flooring, access to hall. Hallway - Radiator, stairs to first floor.
Dining Room - 4.19m x 3.28m max points (13'9 x 10'9 max points) - Stylish flooring, feature electric fire and surround, uPVC window, radiator, storage cupboard.
Lounge - 3.68m x 3.28m (12'1 x 10'9) - Stylish flooring, radiator.
Kitchen/Diner - 4.34m x 3.58m max points (14'3 x 11'9 max points) - Modern wall and base units, integrated oven, hob, extractor fan, plumbed for washing machine, space for dining room table and fridge freezer, tiled flooring, stainless steel sink with mixer tap and drainer, uPVC window, radiator, spotlights, access to the rear.
Landing - Quality flooring, access to loft room. Bedroom One - 3.73m x 2.67m (12'3 x 8'9 ) - UPVC window, radiator, storage cupboard.
Bedroom Two - 3.23m x 2.16m (10'7 x 7'1) - UPVC window, radiator, lovely outlook. Bathroom - 2.36m x 1.37m (7'9 x 4'6 ) - Stunning suite with large bath,. wash hand basin, W/C, uPVC window, radiator.
Loft Room - 5.05m x 3.18m max points (16'7 x 10'5 max points) - Velux window, quality flooring. Externally - To the front elevation is a lovely long garden which is well presented.
To the rear, there is an enclosed yard. Agent Notes - Council Tax: Durham County Council, Band A - Approx.
£1,703.96 PA 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 £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
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.
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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