3-bedroom terraced house · DL16 7AU
Listing removedListed 116 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are delighted to offer to the market, an excellent opportunity to acquire this STUNNING, THREE BEDROOM MID TERRACE HOUSE.
This prefect starter home is conveniently located on the outskirts of Spennymoor.
Wood Street lies a couple of minutes walk from local bus routes and Spennymoor town centre and local amenities are approximately ¾ of a mile away.
The property benefits from UPVC DOUBLE GLAZING, SYLISH KITCHEN, MODERN BATHROOM, TASTEFULLY DECORATED THROUGHOUT, THREE GOOD SIZED BEDROOMS and GAS FIRED CENTRAL HEATING and in our opinion should suit a variety of renters from young couple to families Briefly comprising of ENTRANCE HALLWAY, open plan LOUNGE / Dining room, well fitted KITCHEN, whilst to the first floor, THREE WELL PROPORTIONED BEDROOMS and family bathroom, EXTERNALLY there is a REAR YARD with gated access.
Council Tax Band A EPC Rating E Tenant Income £17,250 per year Guarantor Income £20,700 per year Front External - Lounge - Dining Room - Kitchen - Bathroom - Master Bedroom - Bedroom Two - Bedroom Three - Rear External - Front External View -
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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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 28 Wood StreetMiddlestone MoorCo Durham
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