2-bedroom house · DL16 6LZ
Listing removedReduced £10k (−8.3%) on 21 JunListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Two Bedroom Semi-Detached Home in Spennymoor, County Durham Situated in a popular residential area of Spennymoor, this well-proportioned two bedroom semi-detached home offers comfortable living space, an enclosed rear garden, and off-street parking via a driveway to the front - making it ideal for first-time buyers, small families, or investors.
The ground floor comprises a welcoming entrance porch leading into a spacious lounge measuring approximately 5.30m x 4.00m, providing ample space for both relaxation and dining.
To the rear, the fitted kitchen (4.00m x 2.80m) offers a practical layout with good worktop and storage space, along with access to the rear garden.
To the first floor, there are two generously sized bedrooms.
Bedroom One (4.00m x 3.00m) is a bright double room with built-in storage, while Bedroom Two (4.00m x 2.80m) is another well-proportioned double room.
The family bathroom is conveniently located off the landing.
Externally, the property benefits from a driveway to the front providing off-street parking, together with an enclosed rear garden - perfect for outdoor entertaining, children, or pets.
Located close to local amenities, schools, and transport links, this property offers excellent value in a well-established area of County Durham. Early viewing is highly recommended.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
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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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 25, Stanhope Close, Spennymoor, County Durham
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