2-bedroom semi-detached house · DL16 6PG
Listing removedListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb starter or young family home is situated within a popular modern development on the outskirts of Durham and Spennymoor, offering excellent road connections and a convenient location for commuters.
With a large rear garden, ample driveway parking, gas central heating and UPVC double glazing, the property is an ideal choice for buyers seeking comfort, space and modern living.
Early viewing is strongly recommended. The home features an entrance hallway leading into a spacious lounge, followed by an inner hall with a useful ground floor WC and storage cupboard.
To the rear, a modern kitchen and dining area enjoys French doors that open directly onto the garden, allowing for plenty of natural light and creating a seamless indoor-outdoor flow.
Upstairs, the property offers two double bedrooms and a well-presented bathroom/WC with shower over bath.
Externally, the front of the home offers a two car driveway providing ample off-street parking.
The rear garden is a standout feature, offering a large enclosed space with a patio area that is perfect for relaxing or entertaining.
Thinford, just outside Spennymoor in County Durham, is a highly desirable location for those seeking a balance of rural charm and urban convenience.
The area benefits from excellent transport links via the A167 and A688, allowing easy access to Durham City, Bishop Auckland and the A1(M), while Durham railway station is only a short drive away with direct connections to Newcastle, York and London.
The community is well served by supermarkets, local shops, cafés, leisure facilities, reputable schools and healthcare services.
Recent development has brought modern housing and family-friendly neighbourhoods to the area, while nearby green spaces and walking routes provide a peaceful setting.
With its strong amenities, accessibility and welcoming community atmosphere, Thinford remains an attractive choice for first-time buyers, families and professionals alike.
Value & comps
No previous sales on record.
Returns
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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 Tolmie Close, Spennymoor, County Durham, DL16
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