We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom flat · DL13 2PZ
For saleListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reeds Rains exclusively invite you to discover this unique four bedroom maisonette for sale in Stanhope. The property, which is situated in the historic castle, would appeal to a variety of buyers.
The ground floor comprises a lounge, office, WC, kitchen and utility room, while on the first floor there are four bedrooms and a family bathroom.
The apartment also has access to a sauna and gym, and there is residents parking on the grounds.
Council Tax Band E EPC Awaited IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
DCI260529/2 NB The Castle is a period property which is Grade II listed. The windows are single glazed, timber framed, sash windows.
Entrance Hall Private door inside communal hallway, leading into internal hallway with access to lounge, kitchen, bathroom, and office.
Lounge Spacious living room with sash windows to the front. Office Reception room with a window to the side. Kitchen Fitted kitchen with windows to the front and side.
Utility Room Accessed via the kitchen. WC Featuring a toilet and a risk. First Floor Landing Hallway leading to four bedrooms and a bathroom.
Bedroom Double bedroom with a window to the front, a walk-in wardrobe, and an en-suite, featuring a walk-in shower, a toilet, and a sink. Bedroom Double bedroom with a skylight window.
Bedroom Double bedroom with a skylight window. Bedroom Bedroom with a skylight window and a fitted wardrobe. Bathroom Featuring a bath, a toilet, and a sink.
External With residents parking, and access to a the sauna and gym.
Additional Information UPRN Floor Area 1,969 ft2/ 183 m2 Plot Size 0.30 acres Local Authority Durham Council Tax Band E Council Tax Estimate £3,205 Year Built Before 1900 Flood Risk: Rivers & Seas: Very low Surface Water : Very low Land Registry Title Number DU347424 Lease Start Date 13/09/1984 Lease End Date 14/09/2983 Lease Term 999 years from 14 September 1984 Lease Term Remaining 957 years Agent's Note HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered.
As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients.
To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF).
This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on to our clients.
We elected for this verification process due to the speed, certainty, and accuracy it delivers.
This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.
. The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
FAQ
About The Castle, Stanhope, Bishop Auckland, Durham, DL13
Explore nearby