2-bedroom house · DL16 6LU
To rentReduced £50 (−7.7%) on 22 OctListed 118 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented Two Bedroomed Semi Detached property on the ever popular ”Grange Estate” located in Spennymoor. The property benefits from Gas Central Heating and Double Glazing.
The Floor plan comprises of; entrance hall, lounge, and a modern fitted kitchen to the ground floor. At first floor level are the two double bedrooms and a family bathroom.
Externally are gardens to the front and rear. The property also benefits from a garage located in a nearby block. Viewing Advised. Entrance Hall With a radiator and stairs to the first floor.
Hallway Double radiator, telephone point, stairs to:- Kitchen 1.8288m x 3.048m - 6'0” x 10'0” Having a modern range of wall & base units with worksurface space, one and a half bowl sink unit with mixer tap, gas cooker, plumbing for washing macjine, space for fridge freezer, panelled splash backs, laminate flooring, radiator and a double glazed window to the front.
Lounge 3.8354m x 5.3086m - 12'7” x 17'5” Having a double glazed window to the rear, coving, T.V. Point and a radiator. First Floor Landing With access to the loft.
Bedroom One With a double glazed window to the rear, fitted wardrobes, coving and a radiator.
Bedroom Two 3.6576m x 3.5814m - 12'0” x 11'9” Having a double glazed window to the front, fitted wardrobes, coving and a radiator.
Bathroom Having a modern white suite to include a p-shaped bath with shower over, wash basin set in fitted storage unit, low level wc, heated towel rail and an extractor fan.
Externally To the front of the property is an open plan lawned garden. To the rear Tenancy Info Statement Holding Deposit To reserve this property we will charge a holding deposit of 1 weeks rent.
This is calculated at monthly rent x 12 / 52 If we approve your tenancy and you proceed with the rental, the holding deposit will become part payment towards your initial rent If we approve your tenancy and you do not proceed with the rental, the holding deposit will be retained by Dowen If we reject your tenancy application, the holding deposit will be returned to you, in full Redress For redress we subscribe to The Property Ombudsman for Estate Agents, Milford House, 43 - 55 Milford Street, Salisbury, Wiltshire, SP1 2BP Tel: Web: Bonds Bonds on managed properties are registered with My Deposits, 1st Floor, Premiere House, Elstree Way, Borehamwood, Hertfordshire, WD6 1JH Tel: Web: Client Money Our Client Money Protection Scheme is RICS, 12 Great George Street, Parliament Square, London, SW1P 3AD Tel web: EPC
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 36, Witton Drive, Spennymoor
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