We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · DL16 6HD
Listing removedListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This substantial and spacious period detached property is ideal for families with extensive gardens and a double garage with a workshop.
Built around 1900 "Barton House" occupies a large plot with potential for development; the property has double glazing and a gas-fired central heating (boiler installed 2021) with a smart control system incorporating photovoltaic solar panels to assist with hot water.
The well-presented accommodation comprises, on the ground floor, an entrance porch and hallway, storage cupboard and cloakroom/wc, a large lounge, a separate dining room, kitchen/breakfast room and utility room.
On the first floor are four bedrooms: the main bedroom with en suite bathroom, a dressing room, and a family bathroom. Externally, there are substantial gardens to the front, side and rear.
To the rear is a detached garage with a workspace area with significant loft storage above.
The property occupies a pleasant position on the outskirts of Spennymoor, where a good range of everyday shops and facilities are available.
It is also well placed for commuting purposes, being adjacent to the A(688) Highway with access to Bishop Auckland as well as the A(167) Highway, which provides good road links to both North and South with easy access to the A1(M).
Agent notes: Freehold Council Tax Band - E Mains Electricity, water (not metered) and sewerage.
Ultrafast Fibre broadband is available to the postcode, no cable is available, and mobile phone coverage is available by major networks.
Official flood risk - Rivers & seas - very low, surface water - very low.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About Green Lane, Spennymoor, County Durham, DL16
Explore nearby