3-bedroom house · DL16 7FY
Listing removedListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern mid-terrace home offering three well-proportioned bedrooms, ideal for first-time buyers, growing families, or investors.
Situated in a quiet position on the highly sought-after Merrington Park estate, this attractive property benefits from excellent access to local amenities, the nearby town centre, Durham City, and the A1(M), making it ideal for commuters.
The property is warmed by gas central heating and offers well-planned accommodation comprising an entrance hallway, a convenient cloakroom/WC, a spacious and inviting lounge, and a modern dining kitchen with ample space for family meals and entertaining.
To the first floor are three bedrooms, including a generous principal bedroom with its own en-suite shower room, together with a family bathroom.
Outside, the property enjoys a good-sized, enclosed rear garden, mainly laid to lawn with a patio seating area, providing an excellent space for relaxing or entertaining.
To the front, a spacious driveway offers off-street parking. This fantastic home combines modern living with a convenient location, and early viewing is highly recommended.
Ground Floor Accommodation Entrance Hall Lounge 5.05m x 3.83m - 16'7” x 12'7” Cloaks/Wc Dining Kitchen 4.6m x 3.18m - 15'1” x 10'5” First Floor Accommodation First Floor Landing Bedroom One 3.56m x 2.59m - 11'8” x 8'6” En-Suite Bedroom Two 3.1m x 2.57m - 10'2” x 8'5” Bedroom Three 2.64m x 1.9m - 8'8” x 6'3” Bathroom Externally
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
Agent & docs
FAQ
About 20, Moore Road, Spennymoor
Explore nearby