2-bedroom terraced house · DL16 7NB
To rentListed 1 day
Opportunity summary
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About
Situated in Edward Street of Spennymoor, this well-presented two-bedroom mid-terrace house offers a wonderful opportunity for those in search of a comfortable and inviting home.
The property features a welcoming entrance hallway that leads into a spacious open-plan lounge and dining room, perfect for both relaxation and entertaining.
The modern kitchen is designed for practicality and ease, making meal preparation a delight.
Ascending to the first floor, one finds a landing area that provides access to two generously sized double bedrooms, ideal for small families, couples, or individuals desiring additional space.
The family bathroom is well-appointed, ensuring convenience for all residents.
To the rear of the property, an easy-to-maintain yard awaits, providing a private outdoor space for enjoying the fresh air or hosting gatherings.
The location of this home is particularly appealing, as Spennymoor is renowned for its friendly community atmosphere.
Residents benefit from convenient access to local shops, schools, and parks, making it an ideal setting for family life.
Furthermore, the property is well-positioned for those who wish to enjoy the tranquillity of suburban living while remaining within easy reach of larger towns and cities.
This delightful mid-terrace house is a perfect blend of comfort and convenience, making it a must-see for prospective buyers or renters alike.
Tenant Earnings: £16,500 per year Guarantor Earnings: £19,800 per year Lounge - Kitchen - Dining Room - Bedroom One - Bedroom Two - Bathroom - Externally - Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH Agent Notes - Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating: Gas Central Heating Broadband: Mobile Signal: Tenure: Freehold Council Tax: Durham County Council, Band: approx.
£ pa Energy Rating: 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.
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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 Edward Street, Spennymoor
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