South Street, Spennymoor DL16 2 bed terraced house for sale

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South Street, Spennymoor DL16 2 bed terraced house for sale

South Street, Spennymoor DL16
£42,500

Price History

Initial price £45,000
17/10/25 £42,500
Price Change -5.56%

Description

Moovd Online Property Auctions is offering a two-bedroom mid-terrace property in the center of Spennymoor for a buy-it-now price of £42,500 plus fees. The property has a sitting tenant paying £460 per month, returning a yield of 12.98% on the advertised price. The property is within a minute's walk of local amenities, including shops, restaurants, and a leisure center. The property has a modern layout, with a lounge, dining room, and fitted kitchen on the ground floor, and two bedrooms and a family bathroom on the first floor. The property also has an enclosed rear yard. The property is an excellent buy-to-let investment opportunity, with a potential annual return of £5,520. Viewings are strictly by appointment only.