Land South of 20 Wood Street, Middlestone Moor, Spennymoor
By Peter Clark Property Services
£ 25,000
Reviews
2 out of 5 stars
Peter Clark Property Services says ..
Land for sale with outline planning permission for a four bedroom dwelling adjacent to 20 Wood Street, Spennymoor DL16 7AU. A rare opportunity to secure a building plot in this sought after location, close to local schools and the Town Centre. Planning Application - DM/22/01391/FPA Durham...
Property Oracle says ..
This listing is for a plot of land located in Middlestone Moor, Spennymoor, County Durham, with outline planning permission granted for a four-bedroom dwelling. The property is situated in what is described as a desirable area, close to local schools including The Oaks Secondary School (rated Outstanding) and Middlestone Moor Primary School (rated Good), and is within reach of train stations, including Bishop Auckland and Shildon, though the exact distances are provided. The plot itself is undeveloped; photos reveal a largely empty space with an existing, dilapidated concrete slab, suggesting a need for considerable groundworks before construction can commence. While the exact dimensions of the plot are unstated, visual evidence suggests that the available space is rather limited and may not permit for an extensive garden area. The asking price of £25,000 appears comparatively reasonable when considering prices of neighboring properties, although the absence of plot size and the potential costs associated with building works make it difficult to definitively assess its value. Potential buyers should factor in these uncertainties as well as conducting thorough due diligence before purchasing the land and undertaking the significant development required.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 3
- Location
- 7
- Land
- 2
- Bedrooms
- 0
- Bathrooms
- 0
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 141,781.00 £Decreased by 4.36 %
- Average area rental value
- 655.00 £/moDecreased by 27.86 %
- Est rental Yield
- 5.54 %Decreased by 24.63 %
- Crime Rate
- 45.00 %Unchanged by 0.00 %
Agent Activity
Peter Clark Property Services created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Meadows School | Community Special School | Requires improvement | 1.34 KM |
| Whitworth Park Academy | Academy Sponsor Led | 1.41 KM | |
| Middlestone Moor Primary School | Community School | Good | 1.46 KM |
| The Oaks Secondary School | Community Special School | Outstanding | 1.51 KM |
| Rosa Street Primary School | Academy Sponsor Led | Good | 2.10 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Almond Close | £ 0 | 0 | 0.00 KM |
| A688 | £ 0 | 0 | 0.00 KM |
| Dairy Lane | £ 0 | 0 | 0.00 KM |
| Lothian Close | £ 44,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bishop Auckland | 7835 | BIA | 6.80 KM |
| Shildon | 7893 | SHD | 6.89 KM |
| Newton Aycliffe | 7834 | NAY | 8.97 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Land South of 20 Wood Street, Middlestone Moor, Spennymoor | £ 25,000 | BUY | 4 / 10 | 0.00 KM |
| Wood Street, Spennymoor | £ 73,000 | BUY | 6 / 10 | 0.02 KM |
| Gibbon Street, Spennymoor | £ 59,950 | BUY | 6 / 10 | 0.08 KM |
| Durham Street, Spennymoor | £ 105,000 | BUY | 5 / 10 | 0.12 KM |
| Jordan Place, Middlestone Moor, Spennymoor | £ 159,950 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 25 Wood Street | £ 65,950 | 0.02 KM |
| 5 Wood Street | £ 44,000 | 0.02 KM |
| 7 Wood Street | £ 34,000 | 0.02 KM |
| 6 Wood Street | £ 57,000 | 0.02 KM |
| 10 Wood Street | £ 56,500 | 0.02 KM |