2-bedroom terraced house · DL16 7UD
Listing removedListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Centrally located within Spennymoor Town Centre, walking distance to all local amentities.
Two bedroom end terraced house Lounge Kitchen Lean to Conservatory First floor Shower room with separate W/C Double glazed Gas fired central heating system Rear Yard NO ONWARD CHAIN Entrance Vestibule Entrance Composite door into vestibule with stairs to first floor.
Lounge 12' 0'' x 16' 0'' (3.65m x 4.87m) Upvc double glazed window to the front, understairs storage Kitchen 14' 0'' x 8' 0'' (4.26m x 2.44m) Wall and base units Wll mounted Gas boiler Upvc double glazed window to the rear Upvc double glazed rear door Stainless steel sink unit with mixer tap.
Conservatory Upvc Double glazed lean to conservatory with door to rear yard First Floor Landing Bedroom One 12' 0'' x 12' 0'' (3.65m x 3.65m) Storage Cupboard Upvc double glazed window to the front Bedroom Two 9' 0'' x 9' 0'' (2.74m x 2.74m) Upvc double glazed window to the rear Shower Room Shower cubicle with shower off the mains Wash hand basin Upvc double glazed window to the rear.
Rear Yard Enclosed with brick wall and timber gate.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About Drake Street, Spennymoor
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