8 Church Close, Spennymoor
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8 Church Close, Spennymoor

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We have confidence in this estimated current valuation Updated recently
£59,800
Or £389 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
May 25, 2017
£40,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 8 Church Close, Spennymoor, a cozy and compact terraced type home with 2 bed in the DL16 7JY area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £59,800 and a rental potential of £389 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to May 25, 2017. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" *** THIS PROPERTY IS FOR SALE BY THE MODERN METHOD OF AUCTION TUESDAY 5th SEPTEMBER 2017 AT THE RAMSIDE HALL HOTEL, DURHAM, DH1 1TD. REGISTRATION IS AT 6:30PM, AUCTION COMMENCES 7:00PM. FOR FURTHER INFORMATION PLEASE CONTACT THE AUCTION TEAM ON 0191 2390802 ***

Offered to the market with NO ONWARD CHAIN is this EXTENDED TWO BEDROOM END LINK PROPERTY which was once a three bedroom and has now been converted. This comfortable home would be an ideal purchase for the first time buyer or property investor and is located in the quiet village of Kirk Merrington and is ideal for the commuter travelling to nearby towns and cities including Durham, Darlington, Teesside. Spennymoor town centre lies approximately a mile and a half away providing access to local schools and amenities. The property benefits from UPVC DOUBLE GLAZING, GAS CENTRAL HEATING and in brief comprises of ENTRANCE AREA, LOUNGE with archway to DINING ROOM, archway into FITTED KITCHEN and CONSERVATORY. To the first floor TWO WELL PROPORTIONED BEDROOMS and SPACIOUS EXTENDED BATHROOM. Externally the property enjoys FRONT & REAR GARDENS. In more detail the accommodation comprises of

Entrance Area Ceramic floor tiles, textured ceiling, coving and archway to Lounge 4.88m x 6.10m

(16' x 20') UPVC window to front elevation, staircase to first floor, TV point, BT point, two double central heating radiators, solid oak flooring, coving, ceiling rose and archway to Dining Room UPVC patio doors leading to conservatory, double central heating radiator, solid oak flooring, ceiling rose, coving and archway to Kitchen 4.47m x 2.49m

(14'8 x 8'2) A range of wall and base units with contrasting work surfaces, stainless steel one and a half bowl sink with mixer tap, split level double oven, ceramic hob, plumbing for automatic washing machine, ceramic floor tiles, tongue and groove panelling to ceiling and uPVC window to rear elevation Conservatory 3.84m x 2.31m

(12'7 x 7'7) Ceramic floor tiles, radiator and small roof space FIRST FLOOR Landing Access to loft, laminate flooring, textured ceiling and coving Bedroom One 4.95m x 3.28m

(16'3 x 10'9) Two uPVC windows to front elevation, two double central heating radiators, storage cupboard housing boiler for domestic hot water and gas central heating, laminate flooring, textured ceiling and coving Bedroom Two 3.40m x 2.92m

(11'2 x 9'7) UPVC window to rear elevation, double built in wardrobes, textured ceiling and coving Bathroom A corner coloured suite comprising oflow level w/c, pedestal wash hand basin, panelled bath with shower head attachment, airing cupboard, part tiled walls, part tongue and groove paneling to ceiling, part textured ceiling and uPVC window to rear elevation Externally To the front of the property there are open plan gardens which are fully planted, whilst to the rear enclosed gardens with shed incorporating power and lighting, blocked paved patio area, low maintenance gravel/rockery area, external tap and gate to rear access This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT; to a minimum of ?5,000.00 + VAT (?1,000.00) = (?6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price. "

Property Data

Data point Compared to road
Tax band A
86 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £272 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Rosa Street Primary School
0.2mi
King Street Primary School
0.3mi
Ox Close Primary School
0.3mi
Oxclose Nursery School
0.3mi
Whitworth Park Academy
0.5mi
Nearby Stations
Bishop Auckland Station
4.1mi
Shildon Station
5.2mi
Durham Station
5.6mi
Newton Aycliffe Station
5.9mi
Heighington Station
7.1mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

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New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
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Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
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Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 8 Church Close, Spennymoor worth?

    8 Church Close, Spennymoor is now worth £59,800 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 8 Church Close, Spennymoor - click click here to get a valuation with no strings attached.

  2. What is the rental value of 8 Church Close, Spennymoor?

    The current rental valuation for this property is £389 per month, within a price range of £350 and £428.

  3. How many bedrooms does 8 Church Close, Spennymoor have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 8 Church Close, Spennymoor?

    Nearby schools in include Rosa Street Primary School, King Street Primary School, Ox Close Primary School, Oxclose Nursery School, Whitworth Park Academy

    Nearby stations in include Bishop Auckland Station, Shildon Station, Durham Station, Newton Aycliffe Station, Heighington Station.

  5. What type of property is 8 Church Close, Spennymoor

    This is a Terraced property. There are 28 other Terraced properties on CHURCH CLOSE, and 29 in total.

  6. When was 8 Church Close, Spennymoor built? How old is 8 Church Close, Spennymoor?

    8 Church Close, Spennymoor was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Darlington, Durham Richmond, North Yorkshire Barnard Castle, Durham Bishop Auckland, Durham Crook, Durham Spennymoor, Durham Ferryhill, Durham