2-bedroom flat · DL12 8NG
Listing removedListed 46 days · slow let
Opportunity summary
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About
A well presented two bedroom property, located within the centre of Barnard Castle. The Property 10d Newgate is a well presented two bedroom property situated within easy reach of the town centre.
The property is available on a unfurnished basis, or furnished basis for an additional charge of £35pcm.
The main entrance to the apartment leads into the reception hallway, where to the ground floor are two double bedrooms and the famly bathroom fitted with a modern white suite.
Stairs rise to the kitchen which is fitted with a range of base and wall mounted storage units, incorporating an integral oven and hob.
The separate lounge faces the front elevation and is a well proportioned space.
Measurements Kitchen - 2.59m x 5.58m Living Room - 4.36m x 4.77m Bedroom One - 2.78m x 4.36m Bedroom Two - 2.86m x 2.51m Bathroom - 2.46m x 1.21m Local Authority Durham County Council.
The property is yet to be banded for Council Tax purposes. Energy Performance Certificate The property is currently rated 70/C.
Services The property benefits from mains electricity, gas, water and drainage. The central heating system is powered by a community scheme heating system which powers the entire building.
The property also benefits from under floor heating. Parking Please note there is no allocated off road parking.
Further Information The property benefits from gas fired central heating, mains electricity, drainage and water.
Please note that the cost for the gas connection will be fixed and due in addition to the rental amount, this is to be charged by the Landlord at £95.00 per month.
There is also a wi-fi connection to the building which will be charged separately to the Tenant, this amounts to £12.50 per month.
The electricity connection is submetered, the Landlords will invoice the Tenant directly on a monthly basis for their usage.
Prospective tenants are advised to perform their own due diligence in respect of mobile coverage.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs

FAQ
About 10D, Newgate, Barnard Castle, County Durham, DL12
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