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

North East

£480,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This impressive detached period home, dating back to around 1900, offers substantial living space suitable for family life and boasts extensive gardens along with a double garage that features a workshop area. The property benefits from modern updates including double glazing and a relatively new gas-fired central heating system (boiler installed in 2021), complemented by a smart control feature and photovoltaic solar panels aiding in energy efficiency. The ground floor layout includes an inviting entrance porch, a hallway with storage options, a cloakroom, a generous lounge, and a separate dining room alongside a kitchen/breakfast area and utility room. On the upper level, you'll find four well-proportioned bedrooms; the main bedroom is accompanied by an en suite bathroom and dressing room as well as a family bathroom. Outside, the gardens present considerable potential for landscaping or even further development, while the sizeable garage offers additional workspace and storage solutions. Located on the outskirts of Spennymoor, this property enjoys easy access to local amenities and excellent commuting routes via main highways including the A(688) and A(167). This home not only provides comfortable living but also presents opportunities for enhancement or extension.

Investment Analysis

(DL16 area)
Area Average
£169/sq ft
Avg Rent (weekly)
£160
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (DL16)

Area prices are rising by +10.3% over the last 12 months
3 year growth: 17.3%
5 year growth: 20.2%
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

Green Lane, Spennymoor, County Durham, DL16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,758
Based on a loan of £360,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE