£69,995
2 bed flat for saleBamburgh Parade, Spennymoor, County Durham DL16
2 beds
1 bath
1 reception
Just added
Leasehold
About this property
Well presented apartment
Two double bedrooms
Spacious open-plan lounge/dining room
Modern kitchen & bathroom
Excellent access to local amenities
Ideal for first time buyers
Excellent investment opportunity
An excellent first-time purchase or investment opportunity, this well-presented two-bedroom first-floor apartment offers spacious accommodation in a convenient location on Bamburgh Parade, Spennymoor. The accommodation includes an entrance hall and a generous open-plan lounge and dining room, with ample space for relaxing and entertaining. An archway leads from the dining area into the fitted kitchen, which features a range of units and contrasting work surfaces. There are two double bedrooms and a spacious bathroom fitted with a white suite, including a bath with shower over. Superbly served by local amenities, the property is conveniently positioned for Spennymoor town centre, with its range of shops, supermarkets, cafés and leisure facilities. Local bus services and road links provide access to nearby Bishop Auckland, Durham City and surrounding areas. With an estimated rental income of £575 per calendar month, the apartment offers a potential gross annual yield of approximately 10%, before costs, making it an attractive proposition for investors. Equally appealing to first-time buyers seeking a spacious and conveniently located home, viewing is recommended.
Entrance Hall
Lounge
4.24m x 2.87m - 13'11” x 9'5”
Dining Room
2.46m x 1.8m - 8'1” x 5'11”
Kitchen
2.5m x 2.3m - 8'2” x 7'7”
Bedroom One
3.37m x 3.07m - 11'1” x 10'1”
Bedroom Two
3.2m x 3.12m - 10'6” x 10'3”
Bathroom
Entrance Hall
Lounge
4.24m x 2.87m - 13'11” x 9'5”
Dining Room
2.46m x 1.8m - 8'1” x 5'11”
Kitchen
2.5m x 2.3m - 8'2” x 7'7”
Bedroom One
3.37m x 3.07m - 11'1” x 10'1”
Bedroom Two
3.2m x 3.12m - 10'6” x 10'3”
Bathroom
Mortgage calculator
Monthly repayment
£350 per month
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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
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review



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