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Two Bedroom Mid Terrace – Prime Location – Excellent Investment Opportunity

Two Bedroom Mid Terrace – Prime Location – Excellent Investment Opportunity

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Auction date

25 Feb 2026

Guide price

£5,000

Type

House

Tenure

Freehold

EPC Rating

D

Status

Upcoming

Auction location placehbolder

Description

Offered for sale by online auction, this two-bedroom mid-terrace property presents a fantastic opportunity for investors and developers alike. Situated within easy walking distance of Spennymoor town centre, and ideally located between Bishop Auckland and Durham City, the property benefits from strong rental demand and excellent transport links.

The house requires modernisation throughout, making it an ideal value-add project with clear potential to increase capital value and rental yield. Typical market rental income for similar properties in this area range between £550 - £650 per calendar month. This would represent a healthy yield.

Internally, the accommodation briefly comprises a generous open-plan living and dining room, fitted kitchen, additional study/playroom, and a conservatory to the ground floor. To the first floor are two well-proportioned bedrooms and a family bathroom.

Externally, the property benefits from an enclosed rear yard, with on-street parking to the front.

Properties in this location and price bracket are in high demand, and early interest is strongly anticipated.

Key Features:

  • Two-bedroom mid-terrace
  • Central Spennymoor location
  • Ideal refurbishment project
  • Excellent buy-to-let potential

Last update: 31 Jan 2026

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