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See how verdicts work2-bedroom terraced house · DL16 6DZ
Under offerReduced £7.5k (−11.1%) on 26 OctListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious mid-terrace property offers generous living accommodation, beginning with two large reception rooms that provide plenty of flexibility for dining, entertaining or creating an additional work or relaxation space.
The master bedroom is exceptionally large—big enough to be divided into two separate rooms if desired—while the second bedroom is also a comfortable double.
The property would benefit from some cosmetic updating, giving a new owner the opportunity to add their own style and finish.
To the rear, an enclosed yard provides a private outdoor area, and a small forecourt garden sits at the front of the home.
The property is offered with vacant possession and is ideally positioned within walking distance of the town centre amenities.
Excellent transport links are close by, with Durham City approximately six miles away and the A1(M) around four miles from the doorstep. Viewing is strongly recommended.
GROUND FLOOR ACCOMMODATION Entrance Hall Lounge 4.7m x 3.6m - 15'5" x 11'10" Dining Room 3.6m x 3.3m - 11'10" x 10'10" Kitchen 5.1m x 1.78m - 16'9" x 5'10" FIRST FLOOR ACCOMMODATION Bedroom One 4.7m x 4.3m - 15'5" x 14'1" Bedroom Two 3.7m x 2.2m - 12'2" x 7'3" Bathroom Externally Please Note **This property is being sold on behalf of a corporate client.
It is marketed subject to obtaining the grant of probate and must remain on the market until contracts are exchanged.
As part of a deceased's estate it may not be possible to provide answers to the standard property questionnaire.
Please refer to the agent before viewing if you feel this may affect your buying decision.** **Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.
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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
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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 Derwent Terrace, Spennymoor, County Durham, DL16
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