2-bedroom terraced house · DL16 6UE
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a good-sized plot with generous gardens to the rear and side, this two-bedroom end-terrace property offers spacious accommodation, a modern kitchen and shower room, plus a garage and additional parking.
The extended side garden is a particular feature, providing space for a potential extension, subject to the necessary permissions and approvals.
The ground floor comprises an entrance hall, a good-sized lounge with a door opening onto the rear garden, and a modern kitchen fitted with a range of wall and base units.
To the first floor are two double bedrooms and a modern shower room with a walk-in shower.
Outside, the enclosed garden extends around the rear and side of the property, with lawned areas and paved seating space.
A garage in an adjacent block provides useful parking or storage, alongside additional space to park at least two further vehicles.
Situated on Thirlmere in Spennymoor, the property is conveniently placed for the shops and everyday amenities within the town centre.
Road links via the A167 and A1(M) provide access to Durham City and the wider region. An appealing opportunity for first-time buyers, investors or buyers seeking a home with scope to develop further.
Viewing is recommended.
Ground Floor Accommodation Entrance Hall Lounge 4.57m x 3.66m - 14'12” x 12'0” Kitchen 2.74m x 1.73m - 8'12” x 5'8” First Floor Accommodation First Floor Landing Bedroom One 3.07m x 2.64m - 10'1” x 8'8” Bedroom Two 3.66m x 2.49m - 12'0” x 8'2” Bathroom Externally
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 17, Thirlmere, Spennymoor
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