41 Cheapside, Spennymoor, DL16 6QF

UPRN:100110748867Flat/Maisonette2 bedsBuilt 1900-1929

LeaseholdCouncil Tax: Band AEPC: D (67)

Data freshness:Listing· freshPrice Paid· freshPlanning· 5mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoSchools· 1mo agoAmenities· 2mo agoArea· Census 2021

HP Score

/ 100

Mixed

Verdict

5 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

20 of 21 sources

Sale Estimate

£40,000

£38k - £42kHigh

Estimate

£40k

Range

£38k – £42k

Rent Estimate (pcm)

£250

£250 - £250

Monthly

£250

Yield

7.51%

Verdict

Derived from HomePortfolio scores

41 Cheapside earns an INVESTIGATE rating with HP Score 59/100. Investment score 68/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is good (82/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

59/ 100

Mixed

Investment Score

68/ 100

Moderate

100

Crime Score

100/ 100

Elevated

Walkability

82/ 100

High

Transit & Bike

Transit 25Bike 46

Walk Score, out of 100

Opportunity

Not scored as an opportunity

We will not put a number on this one.

listing is 'Sold subject to contract' - sale already progressing, not an actionable opportunity

Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.

Economics

What happens to your money

Your assumptions

Purchase price£39,950

At the asking price

Monthly rent£250/mo

Evidenced range £250-£250

Interest rate5.4%

Loan to value75%

Cash required: £11,288
Net cash flow: £38/mo
Cash on cash: 4.1%
Score at this price: -

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.85 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£40,000

Rent Estimate (pcm)£250

Gross Yield7.51%

1y Growth-

3y Growth+3.4%

5y Growth+1.2%

10y Growth+1.4%

Last Sold Price£34,950 (2018-02-28)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceLow
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseModerate

View Full Risk Report

Planning Activity

Recent Apps

2DL16 6QF

Approval Rate

100%12mo

Development

low

DM/26/02802/FPA
Widening of existing access and egress point including provision of new kerbing and enlarged tarmac roadway.
Pending
DM/26/02377/FPA
Refurbishment and amalgamation of existing retail (Class E) units together with external alterations, car park reconfiguration and associated works
Approved
DM/26/02304/FPA
Creation of car parking area.
Pending

View Planning Timeline