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Three-Bedroom Terrace Property

Three-Bedroom Terrace Property

Address

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Auction date

-

Guide price

£15,000

Type

House

Tenure

Freehold

EPC Rating

Unknown

Status

-

Auction location placehbolder

Description

This three-bedroom terrace house in Spennymoor is offered as a residential investment opportunity, with stated market rent potential and an indicative gross yield.

  • Three-bedroom terraced house
  • Freehold tenure
  • Market rent potential of £600 per month
  • Predicted annual rental income of £7,200
  • Indicative gross yield of 26.7% at the all-in purchase price including fees
  • Open Market Value stated as £85,000
  • Completion required within 28 days

The freehold tenure means the sale is not subject to a stated lease term. The property is sold in its existing condition and state of repair, so prospective buyers should make their own checks and review the legal pack. The advertised rental figures present a potential investment opportunity, subject to the buyer’s assessment of the property and its suitability.

Last update: 30 Oct 2026

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