2-bedroom semi-detached house · DL16 7SU
Sold STCListed 231 days
Opportunity summary
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About
Offered to the market with no onward chain is this two bedroomed semi-detached family home situated on Beech Avenue, Spennymoor.
Located only a short distance from local amenities including primary and schools, supermarkets, retail shops, high street stores, independent businesses, cafes and recreational facilities.
There is an extensive public transport system in the town via bus providing regular access to nearby towns Bishop Auckland and Durham, each providing a further array of amenities within.
The A688 is close by for commuters. In brief, the property comprises; an entrance hall leading into the living room/dining room, kitchen and cloakroom to the ground floor.
The first floor consists of the master bedroom, second double bedroom and family bathroom. Externally, there is a lawned garden to the front elevation along with a dual length driveway and carport.
To the rear, there is a large enclosed garden mainly laid with artificial turf bordered by gravelled pathways, decked area ideal for outdoor furniture and a lawned area hosting well established trees.
Living Room/Dining Room - 5.95m x 4.0m (19'6" x 13'1") - The open-plan living/dining room is a great, versatile space offering ample room for both living and dining furniture, neutral decor, log burner with open brick fireplace, herringbone flooring and large window to the front elevation allowing lots of natural light.
Kitchen - 4.2m x 2.94m (13'9" x 9'7") - The modern kitchen is fitted with a range of grey wall, base and drawer units, complementing wood effect work surfaces, tiled splashbacks, sink/drainer, integrated electric hob, oven, overhead extractor hood, dishwasher and fridge/freezer.
Space is available for further free standing appliances with French doors lead into the rear garden.
Cloakroom - 2.25 x 0.9 (7'4" x 2'11") - The cloakroom is fitted with a WC and wash hand basin with frosted window to the side elevation.
Master Bedroom - 4.1m x 2.6m (13'5" x 8'6" ) - The master bedroom is generously sized allowing space for a king-sized bed and further furniture, neutral decor and large window to the rear elevation.
Bedroom Two - 3.27m x 3.0m (10'8" x 9'10" ) - The second bedroom is a further large double room with neutral decor, fitted storage cupboard and window to the front elevation.
Bathroom - 2.27m x 1.85m (7'5" x 6'0") - The family bathroom is fitted with a new walk in shower with dual shower heads, wash hand basin, WC and frosted window to the rear elevation.
External - Externally, there is a lawned garden to the front elevation along with a dual length driveway and carport.
To the rear, there is a large enclosed garden mainly laid with artificial turf bordered by gravelled pathways, decked area ideal for outdoor furniture and a lawned area hosting well established trees.
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
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FAQ
About Beech Avenue, Spennymoor
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