2-bedroom house · DL16 7FD
Listing removedReduced £5k (−3.7%) on 19 JulListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Two-Bedroom End-Terrace Home.
Situated in a quiet cul-de-sac location, this attractive and well-presented two-bedroom end-terrace property offers an excellent opportunity for first-time buyers, young families, or investors.
The accommodation briefly comprises an entrance vestibule, a cloakroom/WC, a comfortable lounge, and a modern dining kitchen to the ground floor.
To the first floor are two generous double bedrooms and a newly fitted family bathroom.
Outside, the property benefits from a new front door and a low-maintenance front garden finished with decorative shale.
The private rear garden provides a pleasant outdoor space with areas of lawn and decking, ideal for relaxing or entertaining.
There is also ample off-street parking to the side of the property, with space for several vehicles.
Ideally positioned approximately one mile from the town centre and within walking distance of the popular Jubilee Park, the property combines a peaceful residential setting with easy access to local amenities and transport links.
Viewing is highly recommended to appreciate all that this modern home has to offer.
Ground Floor Accommodation Entrance Vestibule Cloaks/Wc Lounge 3.94m x 3.45m - 12'11” x 11'4” Dining Kitchen 4.34m x 3m - 14'3” x 9'10” First Floor Accommodation First Floor Landing Bedroom One 3.38m x 3.25m - 11'1” x 10'8” Bedroom Two 3.89m x 2.36m - 12'9” x 7'9” Bathroom Externally
Value & comps
No previous sales on record.
Returns
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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 61, Rokeby Way, Spennymoor
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