8 South Street, Spennymoor, DL16 7TT
Guide Price
£90,000An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”.Read more about property price auction in our glossary page.
Added yesterday
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- PRIME NEW LISTING. We are excited to present this recently renovated three-bedroom terraced house located within a prime location in Spennymoor.
- **40, North Street, Spennymoor DL16 6AW sold for £102,000 in September 2025. 1, West Terrace, Middlestone Moor, Spennymoor DL16 7BW sold for £125,000 in September 2025.**
- For those interested in rental investments, properties in this highly sought-after area are achieving impressive rental incomes. With potential returns of approximately £2,300 per calendar month, th
- The property will be sold vacant and is in walk-in condition, ideal for first-time buyers or families looking for their new home. It's also perfect for shrewd investors seeking an easily lettable pro
- Presenting a fantastic opportunity for savvy investors, this easily lettable asset is situated in an area of high demand, making it an ideal investment. The property's vacant status ensures a hassle-
Description
- PRIME NEW LISTING. We are excited to present this recently renovated three-bedroom terraced house located within a prime location in Spennymoor.
- **40, North Street, Spennymoor DL16 6AW sold for £102,000 in September 2025. 1, West Terrace, Middlestone Moor, Spennymoor DL16 7BW sold for £125,000 in September 2025.**
- For those interested in rental investments, properties in this highly sought-after area are achieving impressive rental incomes. With potential returns of approximately £2,300 per calendar month, this equates to an attractive £27,600 per annum. Securing this property at the guide price could yield a remarkable gross return of 30.6%.
- The property will be sold vacant and is in walk-in condition, ideal for first-time buyers or families looking for their new home. It's also perfect for shrewd investors seeking an easily lettable property in a sought-after location.
- Presenting a fantastic opportunity for savvy investors, this easily lettable asset is situated in an area of high demand, making it an ideal investment. The property's vacant status ensures a hassle-free acquisition.
PRIME NEW LISTING. We are excited to present this recently renovated three-bedroom terraced house located within a prime location in Spennymoor.
The property comprises a welcoming living space and dining room leading into a sleek, well-equipped kitchen, perfect for modern family living. Upstairs, there are three spacious and well-proportioned bedrooms, complemented by a large, contemporary family bathroom. Additional features include a cupboard in the kitchen with plumbing for a fridge and a garden shed with plumbing for a utility room.
For those interested in rental investments, properties in this highly sought-after area are achieving impressive rental incomes. With potential returns of approximately £2,300 per calendar month, this equates to an attractive £27,600 per annum. Securing this property at the guide price could yield a remarkable gross return of 30.6%.
The property will be sold vacant and is in walk-in condition, ideal for first-time buyers or families looking for their new home. It's also perfect for shrewd investors seeking an easily lettable property in a sought-after location.
Presenting a fantastic opportunity for savvy investors, this easily lettable asset is situated in an area of high demand, making it an ideal investment. The property's vacant status ensures a hassle-free acquisition.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**40, North Street, Spennymoor DL16 6AW sold for £102,000 in September 2025. 1, West Terrace, Middlestone Moor, Spennymoor DL16 7BW sold for £125,000 in September 2025.**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Spennymoor is a charming town in County Durham, offering a blend of traditional appeal and modern amenities. With excellent transport links, schools, and shopping facilities, it provides a delightful setting for families and investors alike.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
8 South Street, Spennymoor, DL16 7TT
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About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QDIndustry affiliations:
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Visit our security centre to find out moreDisclaimer - Property reference 222247747. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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