2-bedroom terraced house · DL16 7FQ
For saleListed 317 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Two-Bedroom End-Terrace Home in a Highly Sought-After Location – Ideal for First-Time Buyers This beautifully designed, contemporary two-bedroom end-terrace property, completed in January 2022, is located in a highly desirable neighbourhood and still benefits from over six years remaining on the NHBC warranty.
This warranty offers new homeowners reassurance and peace of mind regarding the property's quality and construction.
Upon entering the home, you are greeted by a welcoming entrance vestibule that smoothly transitions into a spacious and bright lounge, perfect for relaxation and entertaining guests.
The ground floor also features a conveniently located cloakroom/WC, adding practicality for everyday living.
The highlight of the ground floor is the upgraded dining kitchen, which comes fully equipped with modern, integrated appliances, ensuring a seamless cooking experience.
Large French doors provide a lovely connection to the outdoors, opening into an enclosed, west-facing rear garden.
This garden is predominantly laid to lawn, creating a serene space ideal for outdoor dining, gardening activities, or simply lounging in the sun.
Moving upstairs, the property showcases two generously sized bedrooms that offer ample space for rest and personalization.
Each bedroom is designed with comfort in mind, making it suitable for various needs—whether for a growing family, young professionals, or those who are looking to downsize.
Completing the upper floor is a stylish modern bathroom, thoughtfully fitted with contemporary fixtures and finishes that enhance the overall aesthetic of the home.
At the front of the property, you will find an open-plan area featuring a block-paved driveway, providing valuable off-street parking and ease of access.
This additional space can accommodate multiple vehicles, a rare find in many homes today.
Overall, this meticulously presented home strikes the perfect balance between modern design and functional living, making it an exceptional choice for first-time buyers or savvy investors looking for a property with long-term value.
Its combination of stylish interiors, outdoor space, and convenient location truly makes it a standout option in the current market.
Material Information Local Authority – Durham County Council Council Tax Band – B Tenure – Freehold Property Type – Terraced Property Construction – Standard Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Mains gas Estimated Mobile phone coverage – EE: OK, Three: poor, 02: OK, Vodafone: OK Estimated Broadband Download speeds – Basic: 9mb, Superfast: 42mb, Ultrafast: 10000mb Rights & Easements – To be confirmed during the conveyancing process Flood risk – Very low Coastal Erosion – Not applicable Protected Trees – No Conservation area – No Planning Permission – No planning applications Accessibility – No accessibility features Mining Area – Situated in a former mining area Selective License Area – No Anti Money Laundering Regulations In accordance with the Anti-Money Laundering Regulations, we are required to verify the identity of both the purchaser and seller of all properties.
Seller identities must be checked prior to marketing and on acceptance of an offer, we will commence these checks for the buyer. There is a £30 (inc. VAT) fee, per individual, for these checks.
Free Valuation If you're thinking about selling your property, take advantage of Ryan James Estate Agents' complimentary, no-obligation market appraisal service.
Our expert team are dedicated to providing you with tailored advice to maximise your property's potential. Reach out to our Bishop Auckland team today to schedule your appointment!
Mortgage Advice Ryan James Estate Agents are keen to stress the importance of seeking independent mortgage advice.
If you need mortgage advice our team will be pleased to make you an appointment with an independent mortgage advisor.
Remember your home is at risk if you do not keep up repayments on a mortgage or other loans secured on it.
Freehold Ryan James Estate Agents believes the property is freehold but we always recommend verifying this with your solicitor should you decide to purchase the property.
We endeavour to make our property particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
1. Fixtures and fittings other than those included in the above details are to be agreed with the seller through separate negotiation. 2.
Ryan James Estate Agents has not tested any services, appliances or heating and no warranty is given or implied as to their condition. 3. All measurements are approximate and intended as a guide only.
All our measurements are carried out using a calibrated camera. 4.
The floorplans that are provided are purely to give an idea of layout and as such should not be relied on for anything other than this.
It is highly likely the plans do not show cupboards, indents, (truncated)
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 advisors 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 Allerton Way, Spennymoor, Durham, DL16
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