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Whitworth Close, Spennymoor

North East

£290,000

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow

Description

This unique two-bedroom detached bungalow presents a significant opportunity for renovation and investment, ideally located in the desirable Whitworth Close cul-de-sac. The property is well-positioned within close proximity to Spennymoor Town Centre, local shops, schools, and excellent transport links via the A1(M) and A19. With generous living spaces, including two spacious bedrooms with fitted wardrobes, a family bathroom, and a fitted kitchen, this bungalow offers an impressive foundation for customization or enhancement. Notably, there is approved planning permission for a side extension (Ref: DM/25/02067/VOC), providing further potential to increase living space. The expansive rear garden and double garage add to the appeal of this property for those looking to create a tailored living environment. Early viewing is advisable to truly appreciate the possibilities that this bungalow holds.

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Investment analysis

(DL16 area)
Area Average
£160/sq ft
Avg Rent (weekly)
£142
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DL16)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +9.8%
5 year growth: +7.6%
Investment Disclaimer: Analysis based on DL16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Whitworth Close, Spennymoor
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,096
Based on a loan of £217,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Next Steps

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