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See how verdicts work2-bedroom terraced house · DL16 7AP
Listing removedListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are pleased to offer to the market this fantastic opportunity to purchase a beautifully presented two-bedroom mid-terrace home, ideally situated on the outskirts of Spennymoor.
Enjoying an attractive position with open views across playing fields to the front and no direct overlooking properties, this property offers an excellent combination of comfort, convenience and value.
Albion Street is perfectly placed within walking distance of local amenities, schools, bus routes and Spennymoor town centre, which provides a wider range of shopping, leisure and recreational facilities.
The property is sure to appeal to a variety of buyers, including first-time purchasers, downsizers and investors alike.
The accommodation benefits from UPVC double glazing and gas central heating throughout and briefly comprises an entrance hallway, a spacious and welcoming lounge, and a modern fitted kitchen featuring a range of integrated appliances.
To the first floor are two well-proportioned bedrooms, with the principal bedroom enjoying a pleasant outlook over the open playing fields.
Completing the accommodation is a stunning and contemporary family bathroom. Externally, the property boasts an enclosed rear yard providing a private outdoor space that is easy to maintain.
Offering well-presented accommodation in a convenient and popular location, early viewing is highly recommended.
EPC Rating: TBC Council Tax Band: A Hallway - Tiled flooring, staircase to first floor Lounge - 4.47m x 4.32m (14'8 x 14'2) - Upvc window, radiator, quality flooring, storage cupboard Kitchen/Diner - 4.47m x 2.49m (14'8 x 8'2) - Modern wall & base units, integrated oven, hob, extractor fan, microwave, stainless stell sink with mixer tap and drainer, plumbing for washing machine, space for fridge freezer, tiled splash backs, quality flooring and radiator Landing - Loft access Bedroom One - 4.47m x 4.32m (14'8 x 14'2) - Upvc window, radiator, quality flooring Bedroom Two - 2.49m x 2.49m (8'2 x 8'2) - Upvc window, radiator, quality flooring Bathroom - White panelled bath with shower over, wash hand basin, w/c, chrome towel radiator, upvc window, tiled flooring, spotlights, extractor fan, and tiled splash backs Externally - To the rear is an enclosed yard with useful shed Agents Notes - Council Tax: Durham County Council, Band A Tenure: Freehold Estate Management Charge – NA Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Gas Supply - Mains Electricity supply – Mains Water Supply – Mains (not metered) Sewerage – Mains Heating – Gas Central Heating 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 – NA Probate – n/a Rights & Easements – None known, check with seller Flood risk – Refer to the Gov website - Coastal Erosion – Refer to the Gov website - Protected Trees – check with seller Planning Permission – Nothing in the local area to affect this property that we are aware of.
Check with seller. Accessibility/Adaptations – NA 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 £35 + VAT (£42 including 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
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
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FAQ
About Albion Street, Spennymoor
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