2 bed flat for sale Lotherton Drive, Spennymoor, Durham, DL16

2 beds 1 bath Flat

Freehold

Added on 16/09/2026

About this property

This stylish and tidy first floor flat would be an ideal purchase for both first time buyers and investors alike! With two sizeable bedrooms, an impressive lounge, and a smart kitchen, this is an opportunity not to be missed. Sold with no onward chain, the flat offers a chance for first time buyers to step onto the property ladder.

Key features

No Upper Chain
Sought After Location
Spacious Flat
Garage

Floorplan

Location

Lotherton Drive, Spennymoor, Durham, DL16

Open map Street View

Council tax band: B

Mortgage and stamp duty

Property price £115,000

£57k £173k

Deposit10% £12,000

£0 £115k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £103,000 mortgage. Most lenders would want a household income of about £23,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.