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75 South Street, Spennymoor, DL16 7TX - Image 1
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75 South Street, Spennymoor, DL16 7TX

North East

£10,000
Listed on 10/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This freehold terrace house, located on South Street near the amenities of Spennymoor Town Centre and close to the scenic Whitworth Hall Country Park, presents a valuable opportunity for renovation. The property is arranged over two floors, featuring a first floor with two bedrooms and a bathroom/WC, while the ground floor offers an entrance hall, a through reception room, kitchen, study, and conservatory. A rear yard adds to the outdoor space. Currently vacant, this residence requires modernisation throughout but holds considerable potential for investors or buyers looking to create their ideal home in a developing area. With necessary updates to bring it up to contemporary standards, this property could become a desirable asset in the local market.

Investment Analysis

(DL16 area)
Area Average
£163/sq ft
Avg Rent (weekly)
£165
Avg Yield
5.1%

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
24
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (DL16)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +13.3%
5 year growth: +16.6%
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

75 South Street, Spennymoor, DL16 7TX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£36
Based on a loan of £7,500 over 30 years at 4.06% 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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