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See how verdicts work2-bedroom flat · DL12 8EW
Sold STCListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to 29 Grove Park, a first floor apartment set within a sought-after development, designed exclusively for those over 55.
Situated in the historic market town of Barnard Castle, this property blends comfortable living with a tranquil community atmosphere, all within easy reach of local amenities and the area's celebrated attractions.
Offering two double bedrooms, both featuring fitted wardrobes, this apartment provides well-planned accommodation filled with natural light.
Upon entering the hallway, you'll find an intercom entry system, electric storage heaters, and pull cords in every room for peace of mind.
The lounge/diner opens via French doors onto a private balcony, perfect for enjoying morning coffee while overlooking the communal gardens.
The kitchen is fitted with a range of wall and base units, work surfaces, and appliances including a built-in electric oven, hob, extractor hood, and washing machine.
Ample storage is thoughtfully provided throughout. The bathroom offers a three-piece suite with a panelled bath and shower over, wash basin, low-level WC, and tiled splashback.
The property benefits from communal parking for residents and guests, ensuring convenience for family visits.
Located in attractive Grove Park, this apartment is ideally positioned within easy walking distance to Barnard Castle's vibrant high street, renowned independent shops, and inviting cafés.
The iconic Bowes Museum, riverside walks along the Tees, and the breathtaking countryside of the Durham Dales are all nearby, offering a perfect blend of culture and natural beauty right on your doorstep.
Available with no onward chain, this is an unmissable opportunity to move straight in and enjoy the best of Barnard Castle living.
To fully appreciate the space, setting, and lifestyle on offer, arrange your viewing today.
PRICE: £66,000 PROPERTY INFORMATION Tenure: Leasehold Lease Start Date: 18 Aug 1994 Lease End Date: 01 Aug 2141 Lease Term: 150 years from 1 August 1991 Lease Term Remaining: 114 years Local Authority: Durham Council Tax: Band:C Annual Price:£2,331 Conservation Area: No Flood Risk: Very low Predicted Broadband Speed: Basic17 Mbps, Superfast80 Mbps Satellite / Fibre TV Availability: BT and Sky Services: Mains Electricity, Mains Water and Mains Drainage Heating: Storage Heaters SERVICE CHARGE The service charge deals with all common maintenance including gardens, exterior and common interior parts, cleaning of windows, painting of external and internally of common areas septic and water charges.
The service charge is payable on a monthly basis are is currently £252.53. Managing Agents - Anchor Housing Association. Sinking Fund - A sinking fund exists to cover items of replacement.
Contributions are payable upon the sale of the property. Rates - Individual occupiers are responsible for their own community charges.
Water Charges - All water and sewage charges are included in the service charge Heating Cost - Heating systems are independently provided to each flat.
Each occupier will be responsible for their own heating requirements SURVEY We have not undertaken a survey of the property and therefore are unable to comment on its structural condition.
VIEWING Strictly by appointment through the selling agents Addisons Chartered Surveyors T: opt1 or BROCHURE Photographs and details September 2026
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 29, Grove Park, Barnard Castle, County Durham, DL12
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