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See how verdicts work2-bedroom terraced house · DL16 7UA
Sold STCListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are delighted to welcome to the market this beautifully presented two bedroom end terraced home on Wear Street, Spennymoor—an ideal purchase for first time buyers or savvy property investors.
Situated in a highly convenient location, the property is just a short five minute walk from Spennymoor Town Centre, offering easy access to a wide range of local shops, schools, and everyday amenities.
Excellent transport links make commuting simple, with the A1 and A19 close by, providing straightforward travel to Durham City, Darlington, and Teesside.
Upon entering, you are greeted by an inviting entrance hall leading into a spacious lounge, perfect for unwinding or entertaining guests.
The home then flows into a recently fitted, modern kitchen/dining room, combining contemporary style with practical functionality. A beautifully updated family bathroom completes the ground floor.
To the first floor, the property boasts two generously proportioned bedrooms, offering ample room for residents, guests, or home working.
Externally, the rear of the home features a good sized enclosed yard, ideal for outdoor dining, relaxing, or small pets, along with a useful brick built store for extra storage.
Blending comfort, convenience, and modern living, this fantastic home is truly a must see for anyone looking to settle in Spennymoor. Do not miss out on the chance to make it yours.
EPC Rating: C Council Tax Band: A Hallway - Staircase to first floor Lounge - 4.60m x 4.37m (15'1 x 14'4) - Wood effect flooring, radiator, upvc window and storage cupboard Kitchen/Diner - 15'0 x 8'5 - Stunning wall & base units, integrated oven, hob, extractor fan, stainless steel sink with mixer tap and drainer, plumbing for washing machine, space for fridge freezer, breakfast bar, upcv window stylish flooring and radiator Inner Hall - Access to rear and bathroom Bathroom - Large bath with tile surround, wash hand basin, w/c, shower, upvc window, radiator, spot lights and extractor fan Landing - Access to bedrooms Bedroom One - 4.29m x 3.20m (14'1 x 10'6) - Fitted wardrobes, storage cupboard, upvc window and radiator Bedroom Two - 4.60m x 2.57m (15'1 x 8'5) - Upvc window and radiator Externally - To the rear is a good sized enclosed yard which includes a decked area and artificial grass Agent Notes - Council Tax: Durham County Council, Band A Tenure: Freehold Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – Yes Probate –NA Rights & Easements – None known Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – stair access only, no lift Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out 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
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FAQ
About Wear Street, Spennymoor
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