2-bedroom flat · DL16 6QP
Let agreedListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are please to market this one bedroom modern apartment in Spennymoor! Modern one bedroom apartment located in Spennymoor.
It`s in a great location within walking distance to the high street shops and restaurants! The property has a spacious living area and the kitchen is fully fitted, including an oven, hob.
There is a large double bedroom and a fully fitted bathroom with bath, overhead shower, sink and WC. The flat is accessible via a communal porch and stairwell.
There is also a small yard to the rear for parking. The property also benefits from UPVC double glazing throughout.
Council tax band - AEPC B THE PROCESS CONTACT US by email or phone for a viewing and an application.
---Viewings from 9am - 5pm Monday to Friday--- DEPOSITS: You will need to pay a deposit to rent the property. There may be a holding deposit of one week`s rent while we carry out any credit checks.
CREDIT CHECKS: A credit check will need to be completed before the application is approved. Alternative options may be available if credit score is not suitable, including a guarantor option.
TENANCY DETAILS: Before reserving a property ensure that you know the length of the tenancy and the payment terms *Subject to landlord approval.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Kings Court - DL16
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