2-bedroom semi-detached house · DL16 7SS
Sold STCListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are delighted to offer to the market this two-bedroom semi-detached home, pleasantly situated on Ash Grove, Spennymoor and available with the added benefit of no onward chain.
Competitively priced to reflect the updating and modernisation required, the property presents an excellent opportunity for buyers looking to create a home tailored to their own tastes and requirements.
The accommodation briefly comprises a spacious and comfortable lounge to the ground floor, together with a well-proportioned kitchen providing direct access to the generous enclosed rear garden, offering excellent potential for outdoor entertaining, family enjoyment, or further landscaping.
To the first floor are two substantial double bedrooms, both offering ample space and versatility, along with a family bathroom serving the accommodation.
Ideally located, Ash Grove is within easy walking distance of Spennymoor Town Centre, approximately 10 to 15 minutes away, where a wide range of shopping facilities, schools, leisure amenities, and transport links can be found.
The location combines convenient access to everyday amenities with the appeal of a well-established residential setting.
This property is sure to appeal to first-time buyers, investors, and those seeking a renovation project with excellent potential.
Early viewing is recommended to fully appreciate the opportunity on offer.
EPC Rating: TBC Council Tax Band: A Lounge - 4.88m 1.52m x 3.71m (16' 5 x 12'2 ) - Upvc bay window, radiator, feature fire and surround.
Kitchen / Diner - 5.51m x 2.06m (18'1 x 6'9 ) - Wall and base units, integrated oven, hob, extractor fan, microwave, stainless with mixer tap and drainer, space for fridge / freezer, space for dining room table, Upvc window, radiator, patio door to the rear.
Landing - Loft Access Bedroom One - 3.96m x 2.59m + robes (13'0 x 8'6 + robes ) - Upvc window, radiator, fitted wardrobes.
Bedroom Two - 3.25m x 2.67m (10'8 x 8'9) - Upvc window, radiator, fitted wardrobes.
Bathroom - White panelled bath with shower over, wash hand basin, W/C tiled splash backs, radiator, Upvc window Externally - To the front elevation is a easy to maintain garden and good sized driveway which leads to the rear garden and patio, to the rear is also a useful large workshop.
Council Tax: Durham County Council, Band A Tenure: Freehold Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Probate – NA Rights & Easements – None known Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – stair access only, no lift Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
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.
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