2-bedroom bungalow · DL16 6XE
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are delighted to offer to the market, with the added benefit of no onward chain, this beautifully presented TWO BEDROOM END TERRACED BUNGALOW, pleasantly situated within a small and highly sought-after development in the popular North Road area of Spennymoor.
Conveniently located within walking distance of the town centre and a wide range of local amenities, the property also offers excellent transport links for commuters travelling to Durham City, Darlington and Teesside.
This attractive bungalow would make an ideal purchase for a variety of buyers and briefly comprises: a welcoming ENTRANCE HALLWAY, a SPACIOUS COMFORTABLE LOUNGE, FITTED KITCHEN, TWO WELL PROPORTIONED BEDROOMS and a MODERN WET ROOM.
Externally, the property enjoys a LOW MAINTENANCE FRONT GARDEN, whilst to the rear there is a generous ENCLOSED GARDEN offering a good degree of privacy and excellent outdoor space.
Properties of this type and location rarely become available on the open market, therefore early viewing is highly recommended to avoid disappointment.
EPC Rating: TBC Council Tax Band A Hallway - With central heating radiator and x2 storage cupboards. Lounge - 4.62mx3.73m (15'2x12'3) - With storage cupboard, central heating radiator and upvc window.
Kitchen/Dining Room - 3.25mx2.26m (10'8x7'5) - Fitted with a range of wall and base units, stainless steel sink unit with taps and drainer, gas cooker point, space for fridge freezer, central heating radiator and upvc window.
Bedroom 1 - 3.58mx3.53m (11'9x11'7) - With central heating radiator and upvc window. Bedroom 2 - 2.87mx2.26m (9'5x7'5) - With central heating radiator and upvc window.
Wet Room - 2.31mx1.40m (7'7x4'7) - With shower, wash hand basin, tiled splash backs, wc, chrome towel rail, extractor fan and upvc window.
Externally - To the front of the property is an easy to maintain garden, whilst to the rear is a good sized easy to maintain garden.
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 – Yes 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 £50.00 + VAT (£60.00 including 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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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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