Craddock Street, Spennymoor DL16 2 bed terraced house for sale

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Craddock Street, Spennymoor DL16 2 bed terraced house for sale

Craddock Street, Spennymoor DL16
£49,000

Price History

Initial price £50,000
05/08/25 £49,000
Price Change -2.00%

Description

This 2-bedroom mid-terraced house in Spennymoor is an attractive investment opportunity, generating an annual gross income of £5,700 with a tenant currently in situ. The well-kept property features 2 bedrooms, lounge, kitchen, bathroom, back garden space, and street parking, making it an excellent addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable and reliable income stream. With its proximity to valuable amenities and potential for future rental income growth, this property is a worthwhile consideration for investors looking to expand their portfolio.