Price changed to £70,000
March 3, 2026
Price changed to £85,000
January 30, 2026
Listed for £100,000
January 15, 2026
Sold for £44,000
2021
Sold for £95,000
2008
Sold for £100,000
2008
Sold for £29,950
1998
Sold for £32,000
1998
Sold for £30,000
1996
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Current Rent: £630 per calendar month
Annual Rental Income: £7,560
Sale Price: £100,000
Gross Yield:
£7,560 ÷ £100,000 = 7.56%
This represents a strong yield for a village based investment property, particularly when combined with an EPC rating of D, tenant in situ, and further potential to improve rental performance over time.
Tenancy Information
Tenancy start date: 06 June 2024
Rent: £630 pcm
Deposit protected with DPS
Location The property is situated in the heart of Kirk Merrington, a highly regarded village community located just over a mile from Spennymoor town centre. The location is well placed for commuting to Durham, Darlington, and Teesside, with the A1 and A19 providing excellent regional road links. Additional Information Any interested parties must submit any higher offers in writing to the selling agent prior to exchange of contracts. EPC Rating C Summary A fantastic investment opportunity offering:
Tenant in situ
7.56% gross yield at £100,000
Desirable village location
Scope for refurbishment and value uplift
Practical, lettable layout with strong long term demand
EPC Rating: C