Summary - 30 CRADDOCK STREET SPENNYMOOR DL16 7SZ
2 bed 1 bath Terraced
**Standout Features:**
- **Type:** 2 Bedroom Terraced House
- **Location:** Craddock Street, Spennymoor (DL16)
- **Investment Potential:** Current tenant generating £5,700/year rental income
- **Parking:** Off-street parking available
- **Garden:** Private back garden
- **Condition:** Requires some cosmetic updates but well-kept overall
- **Freehold tenure:** Purchase with no chains or restrictions
This charming mid-terraced house offers an excellent investment opportunity in Spennymoor, perfect for serious investors and developers. Currently occupied by long-term tenants demonstrating reliable rental income, this property provides an annual gross income of £5,700. While it presents some wear typical of mid-20th century designs, it retains a solid structure with potential for future enhancements.
With two bedrooms, an open-plan living space with an inviting fireplace, and a private back garden, this home balances comfort and functionality. The property features off-street parking, and its location ensures fast broadband speeds for modern living. This affordable property is situated within a neighborhood that has some socio-economic challenges but benefits from a promising rental market with local amenities, including schools rated "Good" by Ofsted.
Whether you're a first-time buyer looking to enter the rental market or a seasoned investor wanting to expand your portfolio, this property’s chain-free status and existing tenant arrangement underscore its immediate income potential. Act now before this rare opportunity slips away!
3 bedroom terraced house for sale in Baff Street, Spennymoor, County Durham, DL16 — £92,250 • 3 bed • 2 bath • 1206 ft²
3 bedroom end of terrace house for sale in Craddock Street, Spennymoor, DL16 — £50,000 • 3 bed • 1 bath • 980 ft²
2 bedroom terraced house for sale in South Street, Spennymoor, County Durham, DL16 — £45,000 • 2 bed • 1 bath • 765 ft²
3 bedroom end of terrace house for sale in Clyde Terrace, Spennymoor, Durham, DL16 — £100,000 • 3 bed • 1 bath • 936 ft²
2 bedroom terraced house for sale in Stratton Street, Spennymoor, DL16 — £54,950 • 2 bed • 1 bath • 940 ft²
2 bedroom terraced house for sale in Grey Street, Crook, DL15 — £74,000 • 2 bed • 1 bath • 1076 ft²
