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See how verdicts work2-bedroom bungalow · DL10 5NS
Listing removedListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** stunning barn conversion**. ** large two bedroom end terrace bungalow ** ** lovely village location **. ** exposed beams **. ** period features ** ** two bathrooms**. ** driveway & garage **.
** viewing highly recommended ** A rare opportunity to purchase this stunning single storey barn conversion pleasantly positioned in the highly sought after and picturesque village of Melsonby.
A large two bedroom/ two bathroom end terrace bungalow with attached brick garage, driveway for two vehicles and enclosed forecourt style garden with pond.
The property offers deceptively spacious accommodation with the benefit of oil fired central heating.
In good decorative order throughout with some lovely period features including exposed beams, feature stone wall in the lounge and solid wood and stained internal doors.
Malindi Cottage is located on the edge of Melsonby off Lady Well Bank and Parkshill Court. Only a short walk from the pretty village green, primary school and village pub The Black Bull.
Melsonby is convenient placed for access to the A1M, Darlington 7 miles and Richmond 5 miles.
The accommodation briefly comprises Entrance Hall, large Lounge with dual aspect windows, large open plan fitted Kitchen/ Dining Room with integrated appliances, Inner Hallway, Bedroom 1 with built in wardrobes and En Suite Shower Room/ wc with white suite, Bedroom 2 with built in wardrobes and Bathroom/ wc with white suite.
The property is offered for sale with the benefit of no onward chain and viewing is highly recommended to appreciate fully.
Entrance Hall (1.83m’1.83m x 1.52m’3.05m (6’6 x 5’10)) Lounge (4.27m’2.44m x 6.10m’1.22m narrowing to 3.96m’1.83m) Kitchen/ Dining Room (4.27m’2.44m x 4.88m’3.05m (14’8 x 16’10)) Inner Hallway (5.18m’0.00m x 0.91m’0.61m (17’0 x 3’2)) Bedroom 1 (4.27m’2.44m x 3.35m’0.00m including en suite (14’8) En Suite Shower Room/ Wc (1.83m’0.00m x 1.52m’3.05m (6’0 x 5’10)) Bedroom 2 (3.35m’0.00m x 2.44m’3.05m (11’0 x 8’10)) Bathroom/ Wc (3.35m’0.00m x 1.52m’3.05m (11’0 x 5’10)) Outside Garage (4.88m’1.22m x 2.44m’3.05m (16’4 x 8’10))
Value & comps
No previous sales on record.
Returns
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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 Malindi Cottage, Melsonby, Richmond
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