3-bedroom semi-detached house · DL16 7UW
Listing removedListed 227 days
Opportunity summary
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About
An well presented semi-detached property offering three bedrooms, a spacious lounge, a modern dining kitchen, an enclosed rear garden and off-street parking.
The property is located on the popular Merrington Park estate in Spennymoor and is ideally situated for easy access to the nearby town centre.
Transport links are excellent, with Durham City and the A1(M) and A167 major road networks just a short drive away.
The property benefits from gas central heating and offers ready-to-move-into accommodation.
The ground floor briefly comprises an entrance hall, cloakroom/WC, a spacious lounge and a modern dining kitchen.
To the first floor there are three bedrooms, with the master bedroom benefiting from an en-suite, along with a family bathroom.
Externally, the property features an enclosed rear garden with both lawn and patio areas, providing an ideal space for relaxing or entertaining.
To the front there is a double-width block-paved driveway providing ample off-street parking. Early viewing is highly recommended.
GROUND FLOOR ACCOMMODATION Entrance Hall Cloaks/Wc Lounge 4.97m x 3.69m - 16'4" x 12'1" Dining Kitchen 4.61m x 3.06m - 15'1" x 10'0" FIRST FLOOR ACCOMMODATION First Floor Landing Bedroom One 4.07m x 2.52m - 13'4" x 8'3" En-Suite 2.52m x 1.78m - 8'3" x 5'10" Bedroom Two 3.05m x 2.02m - 10'0" x 6'8" Bedroom Three 2.78m x 2.08m - 9'1" x 6'10" Bathroom 2.08m x 1.89m - 6'10" x 6'2" Externally
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.
Area
Agent & docs
FAQ
About Edison Drive, Spennymoor, County Durham, DL16
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