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Clyde Terrace, Spennymoor

North East

£114,995
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This spacious three-bedroom end terraced house offers an excellent refurbishment opportunity for those looking to invest in a property with significant potential. Located within walking distance of local amenities and the high street of Spennymoor, this home features a welcoming entrance hallway that leads to two generous reception rooms, an adequately sized kitchen, and a large ground-floor bathroom. The property benefits from gas central heating and UPVC double glazing throughout. The enclosed rear yard, along with side access, adds further appeal for outdoor space. With convenient commuting options to Durham City and quick access to major roads such as the A1 and A19, this property is well-positioned for both residential living and investment purposes.

Investment Analysis

(DL16 area)
Area Average
£169/sq ft
Avg Rent (weekly)
£164
Avg Yield
5.2%

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
39%
Properties sold annually

Local Market Trend (DL16)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 13.3%
5 year growth: 16.5%
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

Clyde Terrace, Spennymoor
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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
£421
Based on a loan of £86,246 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