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See how verdicts work2-bedroom terraced house · DL16 7WF
For saleReduced £22k (−13.3%) on 26 OctListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NEW HOME MOVE IN READY *** Robinsons are delighted to offer to the market this large two bedroom mid terraced property which is located on the popular Cornish park development.
This immaculate residence would be the perfect purchase for the young family or first-time buyer & has been exceptionally well finished throughout.
Having easy access to all of the local amenities that Spennymoor itself has to offer, this deceptively spacious home is also within excellent commuting distance to all major road networks & bus routes & benefits further from gas central heating & double glazing.
In Brief the property comprises of entrance hallway, Cloakroom, spacious lounge well presented open plan kitchen / dining room with French doors leading to the rear garden, to the first floor is a landing area which gives access to two good sized bedrooms and family bathroom.
Externally to the front elevation is a easy to maintain garden and double length block paved driveway, which leads to the larger than average rear garden. EPC Rating: A Hallway.
- New floor coverings, radiator, storage cupboard, stairs to first floor. Lounge - 3.12m x 4.37m (10'3 x 14'4) - New floor coverings, radiator..
Inner Hall - Access to W/C and Kitchen Kitchen / Diner - 4.11m x 3.07m (13'6 x 10'1) - Morden wall and base units, space for oven, hob, extractor fan, space for fridge freezer, plumbing for washing machine, stainless steel sink with mixer tap and drainer, UPVC window, radiator, space for dining room table, French doors leading to the rear garden.
W/C - W/C, wash hand basin, radiator, extractor fan, UPVC window. Landing - Storage cupboard Bedroom One - 4.11m x 2.74m (13'6 x 9 ) - UPVC window, radiator and new floor coverings.
Bedroom Two - 4.11m x 2.46m (13'6 x 8'1) - UPVC window, radiator, storage cupboard and new floor coverings. Bathroom - White panelled bath with shower over, wash hand basin, W/C, radiator.
Externally - To the front elevation is a easy to maintain garden and double block paved driveway, which leads to the good sized enclosed garden and patio.
Agents Notes - Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating: Gas Central Heating Broadband: Basic Mbps, Superfast Mbps, Ultrafast Mbps Mobile Signal Tenure: Freehold Council Tax: Durham County Council, Band Energy Rating: A Disclaimer: The preceding details have been sourced from the seller and OnTheMarket.com.
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.
Robinsons cannot accept liability for any information provided.
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
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
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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 Pitman Way, Spennymoor,
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