2-bedroom terraced house · DL16 6AW
For saleListed 518 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention diy enthusiasts and landlords!
Langdales Estate Agents are delighted to offer to the market this deceptively spacious two bedroom property superbly located within close proximity of Spennymoor Town Centre where an extensive range of retail premises, catering options and recreational facilities can be catered for.
In addition to this the property is a short walk away from the impressive and tranquil Jubilee Park.
The property is in need of some improvement works but does enjoy double glazing and a highly desirable location and is therefore perfectly suited to the diy enthusiast or private landlord alike.
Internal viewing will reveal accommodation set over two floors comprising of: Entrance Hall, open aspect Lounge / Dining Room and Kitchen to the Ground Floor.
To the First Floor are Two Bedrooms and Family Bathroom. Externally there is an Enclosed Yard to the Rear.
Entrance hall With frosted double glazed entry door to the front elevation and stairs to first floor accommodation. Decorated with colour washed walls and laminate floor covering.
Lounge / dining room With two double glazed windows – one to the front elevation and one to the rear, feature fireplace and hearth incorporating fitted gas fire and two single panel heating radiators.
Decorated with colour washed walls and laminate floor covering.
Kitchen With entry door and double glazed window to the side elevation, single panel heating radiator and plumbing for automatic washing machine.
Decorated with part tiled and colour washed walls and laminate floor covering. First floor Landing With access to all first floor rooms and loft space. Decorated with colour washed walls.
Bedroom one With double glazed window to the front elevation and double panel heating radiator. Decorated with colour washed walls.
Bedroom two With double glazed window to the rear elevation, double panel heating radiator, over stairs storage cupboard and built in storage cupboard housing water tank.
Decorated with colour washed walls.
Bathroom With frosted double glazed window to the rear elevation, fitted with a suite comprising of: Panelled bath with electric shower, push button w/c and wash hand basin and wall mounted towel rail.
Decorated with part tiled and colour washed walls and cushioned floor covering. External To the rear is an enclosed yard with gated access EPC rating E council tax band A tenure freehold
Value & comps
No previous sales on record.
Returns
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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 25, North Street, Spennymoor
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