3-bedroom house · DL16 7TB
For saleListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Craddock Street in the charming town of Spennymoor, this delightful end terrace house offers a perfect blend of character and modern convenience, making it an ideal choice for families or investors alike.
Upon entering, you are welcomed into a well-proportioned reception room that exudes warmth. The house features three generously sized bedrooms, providing ample space for relaxation and rest.
The layout is thoughtfully designed, with two reception rooms that offer versatility for entertaining guests or creating a cosy family environment.
The property is equipped with gas central heating and double glazing, ensuring comfort throughout the seasons. The bathroom is conveniently located, catering to the needs of the household.
Additionally, the rear yard presents an excellent opportunity for outdoor enjoyment, whether it be for gardening, barbecues, or simply unwinding in the fresh air.
This mid terrace house is not only a wonderful home but also a promising investment opportunity, given its desirable location and spacious layout.
With its blend of traditional features and modern amenities, this property is sure to attract interest.
Do not miss the chance to make this charming house your new home or investment venture in Spennymoor.
Hallway Via a 1/2 glazed door, stairs to 1st floor, radiator Living Room (3.9m x 3.3m (12'9" x 10'9")) Double glazed window to front, radiator, open to: Dining Room (3.9m x 3.7m (12'9" x 12'1")) Double glazed window to rear, radiator, understair cupboard Kitchen (3.4m x 2m (11'1" x 6'6")) Double glazed window and door to side.
Range of base, wall and drawer units with complementing heat resistant work surfaces incorporating a stainless steel sink unit, space for gas cooker, space for fridge/freezer, plumbed for washing machine, radiator First Floor - Landing Bedroom 1 (4.2m x 3m (13'9" x 9'10")) Double glazed window to front, radiator Bedroom 2 (3.6m x 3.3m (11'9" x 10'9")) Double glazed window to rear, radiator, built in cupboard Bedroom 3 (3.4m x 2.1m (11'1" x 6'10" )) Double glazed window to front, radiator Bathroom Double glazed window to side.
White suite comprising of paneled bath, low level WC, pedestal wash hand basin, shower cubicle with mains operated shower, fully tiled walls and tiled floor, vinyl ceiling, spotlights, radiator Externally Yard to Rear
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
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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 68, Craddock Street, Spennymoor
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