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Green Lane, Spennymoor, County Durham, DL16 - Image 1
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Green Lane, Spennymoor, County Durham, DL16 - Image 3
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Green Lane, Spennymoor, County Durham, DL16 - Image 5

Green Lane, Spennymoor, County Durham, DL16

North East

£480,000
Listed on 06/02/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This spacious detached property, dating back to around 1900, offers a blend of traditional charm and modern potential, making it an intriguing opportunity for renovation or investment. "Barton House" is situated on a generous plot with expansive gardens that could be further developed, enhancing its value. The property features double glazing throughout and is equipped with a gas-fired central heating system, which benefits from a recently installed boiler (2021) and a smart control setup that includes photovoltaic solar panels for hot water assistance. The ground floor layout comprises an inviting entrance porch leading into a hallway that connects to a large lounge and an independent dining room. There’s also a kitchen/breakfast room and a utility area, all offering spaciousness ideal for family living. Upstairs, you’ll find four bedrooms—including a main bedroom with en suite facilities—alongside a dressing room and a shared family bathroom, adding to the practical accommodation options. Externally, the property boasts extensive gardens to both the front and rear, providing ample outdoor space for various uses. A detached garage adds further utility with an adjoining workshop area and considerable loft storage above. Located on the outskirts of Spennymoor, this home benefits from easy access to local shops and amenities. Its proximity to the A(688) ensures smooth commuting routes to Bishop Auckland and beyond via the A(167), which links effectively with the A1(M). For those interested in investment opportunities or renovations, this property presents itself as a canvas for transformation while providing essential living comforts in its current state. Additional features include ultrafast fibre broadband availability at the postcode and solid mobile phone coverage from major networks. The property is freehold with Council Tax Band E designation and offers mains services including electricity, water (not metered), and sewerage connections.

Investment Analysis

(DL16 area)
Area Average
£169/sq ft
Avg Rent (weekly)
£142
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£48,000 - £120,000
10-25% of property value
Monthly Sales
29
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (DL16)

Area prices are rising by +13.7% over the last 12 months
3 year growth: 18.2%
5 year growth: 32.0%
Investment Disclaimer: Analysis based on DL16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Green Lane, Spennymoor, County Durham, DL16
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