2-bedroom terraced house · DL16 6HJ
To rentListed 2 days
Opportunity summary
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About
Fenwick Street, Spennymoor 2 Bedroom Terraced House Available Immediately A fully refurbished two-bedroom terraced property located in Spennymoor, finished to a modern standard throughout and available for immediate occupation.
The property opens into a small entrance area, providing practical space for coats and shoes, before leading into a spacious open-plan living room.
The living area benefits from a useful recessed space beneath the staircase, ideal for a small home office, desk or additional storage.
To the rear is a newly fitted galley-style kitchen featuring modern grey shaker-style units, grey worktops, contrasting black upstands and splashback.
The kitchen includes an integrated oven, black glass electric hob and overhead extractor, with ample worktop and storage space provided by units on both sides.
Upstairs, a staircase with a modern chrome handrail leads to the first-floor landing, providing access to a large double bedroom, a generously sized second bedroom and a newly fitted family bathroom.
The bathroom has been completely refurbished and features a bath with rainfall shower and glass screen, vanity washbasin and WC with concealed cistern.
Marble-effect wall cladding, chrome trims and grey herringbone flooring provide a clean, contemporary finish.
Throughout the property, the refurbishment includes new internal doors, skirting boards, architraves and complete redecoration, with fresh white walls and satin-finished woodwork.
Dark grey carpets have been fitted throughout the living areas and bedrooms, complemented by grey herringbone flooring in the kitchen and bathroom.
Externally, the property benefits from a secure enclosed rear yard, with unallocated parking bays available to the front.
Rent: £695 PCM Deposit: £695 Total move-in cost: £1,390 Holding fee: £150, payable to begin referencing and deducted from the total move-in cost. Contact Better Homes to arrange a viewing.
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
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FAQ
About Fenwick Street, Spennymoor
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