2-bedroom flat · DL12 8GB
Sold STCListed 126 days
Opportunity summary
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About
An exceptional opportunity to acquire a remarkable Grade II Listed freehold building at the heart of historic Barnard Castle.
Steeped in rich heritage and lying within the Barnard Castle Conservation Area, this property is famously known as "the meeting house", with a fascinating past that includes visits by John Wesley—the founder of Methodism—who preached here before the establishment of the town’s first Methodist chapel.
Over time, the building has served a variety of purposes, including as a Roman Catholic school, a wine store, and a restaurant, before being sensitively converted into five distinct apartments across three floors.
Located just moments from Barnard Castle’s charming market town centre, the property lies within easy reach of the town’s celebrated 12th-century castle, Bowes Museum, independent shops, bustling market, and a choice of local eateries and pubs—a thriving hub for culture and community.
Nearby, riverside walks along the Tees, local parks, and excellent schooling options contribute to an enviable quality of life.
The building retains period features, including sash windows with secondary glazing and exposed beams, which offer a glimpse of its historic character, while electric storage heating is installed throughout.
Residents benefit from a small paved parking area to the side of the property, enhancing convenience within this central locale.
Each apartment is self-contained, with a practical layout, featuring private entrances, communal and individual halls, ample storage, fitted kitchens with space for appliances, and generously sized bedrooms.
Many offer double or single bedrooms, shower or bathrooms, and living spaces.
Flats 1, 2, and 3 each enjoy their own entrances or communal hallway, while Flats 4 and 5 are accessed via a separate doorway with stone steps leading to well-proportioned apartments above.
A handy storage room with a sink and water heater is also available for residents’ use.
The apartments require updating throughout, offering a unique canvas to restore and add value—an outstanding investment prospect, particularly as the property is offered to the market with no onward chain A rare chance to breathe new life into a singular piece of Barnard Castle’s history or to secure a rewarding investment in this sought-after County Durham town.
Viewing is highly recommended to fully appreciate the scale, character, and potential of this unique offering. Arrange your visit today.
PRICE £175,000 VIEWING Strictly by appointment through the selling agents Addisons Chartered Surveyors T: opt1 PROPERTY INFORMATION Land Registry Title Number: DU204827 Tenure: Freehold Council Tax Band: Flat 1 - A, Flat 2 - B, Flat 3 - B, Flat 4 - B and Flat 5 (Deleted) Local Authority: Durham Flood Risk Very low Conservation Area: Barnard Castle Predicted Broadband Speeds: Basic 16 Mbps and Superfast 80 Mbps Satellite / Fibre TV Availability: BT and Sky Services: Mains Electricity, Mains Water and Mains Drainage Heating: Storage Heating COVENANTS AND EASEMENTS The property is subject to restrictive covenant(s) and/or easement(s) that will need to be verified by the seller's solicitor.
SURVEY We have not undertaken a survey of the property and therefore are unable to comment on its structural condition. BROCHURE Details and photographs taken May 2026
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Queen Street, Barnard Castle, County Durham, DL12
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