£59,950

2 bed terraced house for sale
Edward Street, Spennymoor, County Durham DL16

    • 2 beds

    • 1 bath

    • 1 reception

Just added
Auction
Freehold
Added on 14/04/2026

About this property

  • Spacious end terrace property

  • Two double bedrooms

  • Enclosed, south facing rear garden

  • Dining kitchen

  • Close to the town centre

  • Ideal for investors and first time buyers

  • Viewing recommended

  • For sale via the modern method of auction

A spacious and well-presented two-bedroom end-terrace property, ideal for first-time buyers and investors alike. Offering excellent potential, the property is expected to achieve a rental income of approximately £625 pcm, making it an attractive investment opportunity. The accommodation briefly comprises an entrance hall leading into a comfortable lounge and a generous dining kitchen on the ground floor. To the first floor there is a landing providing access to two double bedrooms and a family bathroom. Externally, the property benefits from an enclosed south-facing rear garden, perfect for enjoying outdoor space throughout the day. This is a fantastic opportunity that is not to be missed.

For sale via the modern method of auction.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Ground Floor Accommodation

Entrance Hall

Lounge

4.0132m x 3.5814m - 13'2” x 11'9”

Dining Kitchen

5.842m x 3.0734m - 19'2” x 10'1”

First Floor Accommodation

First Floor Landing

Bedroom One

3.9624m x 3.5814m - 13'0” x 11'9”

Bedroom Two

3.302m x 2.7432m - 10'10” x 9'0”

Bathroom

Externally

Mortgage calculator

Monthly repayment

£299 per month

Whole of market comparison

70+ lenders and 10,000+ products

How much could I borrow

In partnership with

mojo logo

The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Freehold

  • Council tax band

    A

Report this listing