Thorn Close, Spennymoor, County Durham, DL16
By Dowen
£ 55,000
Reviews
3 out of 5 stars
Dowen says ..
An EXTENDED end terrace property which has TWO DOUBLE BEDROOMS along with TWO BATHROOMS, a UTILITY ROOM and GOOD-SIZED GARDENS TO THREE SIDES. The property is tucked away in a quiet corner in the Middlestone Moor area of Spennymoor and is within easy reach of the amenities on offer in th...
Property Oracle says ..
This two-bedroom, two-bathroom terraced house in Spennymoor, County Durham, presents a mixed bag of opportunities and challenges. The property’s major advantage is its location. It’s within reasonable distance of several schools and train stations, making it potentially attractive to families or commuters. The presence of a garden is another positive, offering outdoor space often lacking in similar urban properties.
However, the property’s condition is a key consideration. The provided photos reveal an interior that is dated and would likely require significant modernisation or refurbishment. The kitchen and bathrooms, in particular, appear in need of updating. The asking price of £55,000 is arguably competitive for the area, although this is only based on limited evidence from comparable listings, and without knowledge of the properties’ precise square footage and conditions, this assessment remains inconclusive. Potential buyers should factor in the cost of necessary renovations before making an offer.
Overall, this property offers a potentially good entry point to the Spennymoor housing market, provided prospective buyers are prepared to undertake some renovation work. It’s an investment opportunity rather than a move-in-ready home. It will benefit from a thorough inspection prior to purchase, to determine the overall condition and estimate the cost of modernisations and renovations.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 6
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 780.00
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 %
- Est sale value
- 132,600.00 £Increased by 21.43 %
- Average area rental value
- 655.00 £/moDecreased by 27.86 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.54 %Decreased by 24.63 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Dowen created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Middlestone Moor Primary School | Community School | Good | 0.42 KM |
| The Oaks Secondary School | Community Special School | Outstanding | 0.45 KM |
| Whitworth Park Academy | Academy Sponsor Led | 0.64 KM | |
| The Meadows School | Community Special School | Requires improvement | 1.04 KM |
| Rosa Street Primary School | Academy Sponsor Led | Good | 1.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Almond Close | £ 0 | 0 | 0.00 KM |
| Lothian Close | £ 44,500 | 0 | 0.00 KM |
| Auckland Walk | £ 84,950 | 0 | 0.00 KM |
| High Road | £ 0 | 0 | 0.00 KM |
| A688 | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shildon | 7893 | SHD | 7.42 KM |
| Bishop Auckland | 7835 | BIA | 7.85 KM |
| Newton Aycliffe | 7834 | NAY | 8.82 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Thorn Close, Spennymoor, County Durham, DL16 | £ 39,950 | BUY | 6 / 10 | 0.00 KM |
| Thorn Close, Spennymoor | £ 79,950 | BUY | 6 / 10 | 0.06 KM |
| Central Drive, Spennymoor, Durham, DL16 | £ 90,000 | BUY | 8 / 10 | 0.15 KM |
| Heath Road, Middlestone Moor, Spennymoor | £ 85,000 | BUY | 6 / 10 | 0.21 KM |
| Heath Road, Spennymoor | £ 89,950 | BUY | 7 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36 Thorn Close | £ 79,950 | 0.03 KM |
| 8 Thorn Close | £ 62,000 | 0.03 KM |
| 4 Thorn Close | £ 70,500 | 0.03 KM |
| 23 Fern Grove | £ 72,000 | 0.06 KM |
| 20 Fern Grove | £ 65,000 | 0.06 KM |