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 terraced house · DL12 8GP
No longer listedListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a superb riverside position in the charming market town of Barnard Castle, this is an impressive end-terraced, stone-faced house that offers spacious, flexible accommodation arranged over three floors.
Ideally situated on the banks of the River Tees, this wonderful family home enjoys stunning views across the river and the surrounding open countryside, making it an enviable retreat while still being within easy reach of the town's many amenities.
This versatile property boasts four double bedrooms—including one that can serve as an office or study—making it perfect for growing families, those seeking generous home working space, or anyone craving flexible living arrangements.
The delightful wide entrance hall, accessed via a hardwood front door, sets the tone with its tiled flooring and practical storage and cloakroom.
The ground floor is designed to embrace natural light and scenic surroundings, featuring a spacious dining room with three sets of patio doors opening onto the rear terrace, seamlessly connecting indoors and out.
The well-appointed kitchen is both stylish and functional, offering wood effect cabinetry, integrated appliances, and room for a family breakfast table, all enhanced by patio doors that frame glorious river views.
Upstairs, the first floor hosts three generous bedrooms, two overlooking the tranquil river and one with views towards St Mary's Church.
The principal bedroom benefits from an en suite including a bath with mains-fed shower and screen, while a further family bathroom serves the other rooms.
Ascend to the top floor to discover a bright living room with dual-aspect windows, perfect for relaxing and soaking up panoramic views of the Tees and countryside beyond.
A fourth bedroom, currently used as an office, and a dedicated study complete this supremely adaptable space.
Externally, the property features a single garage with light, power and EV charging point, plus a paved parking space directly in front of the garage.
The outdoor space includes a rear patio terrace with railings overlooking the river, a side garden laid mainly to lawn with fruit bushes, and a further patio — ideal for al fresco dining and peaceful relaxation.
A wooden gate provides easy access to the picturesque Demesnes and scenic riverside walks, placing the best of Barnard Castle's natural beauty on your doorstep Barnard Castle itself offers an array of independent shops, cosy cafes, and historic attractions, including the iconic castle ruins and nearby Bowes Museum.
Excellent schooling and community amenities make this a highly sought-after area for families and professionals alike.
Viewings are highly recommended to appreciate the exceptional setting and generous accommodation on offer. Arrange your visit today to experience riverside living at its best.
PROPERTY INFORMATION Land Registry Title Number:DU290223 Tenure: Freehold Local Authority: Durham Council Tax Band: E Annual Cost:£3,118 Conservation Area: Barnard Castle Flood Risk: Low Predicted Broadband Speeds: Basic 16 Mbps, Superfast 80 Mbps, Ultrafast1800 Mbps Satellite / Fibre TV Availability: BT and Sky Services: Mains Electricity, Mains Gas, Mains Water and Mains Sewerage Heating: Under Floor Heating Planning: 6/2011/0431/DM Conversion Of Garage To Bedroom/Shower SURVEY We have not undertaken a survey of the property and therefore are unable to comment on its structural condition.
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.
PRICE £475,000 VIEWING Strictly by appointment through the selling agents Addisons Chartered Surveyors T: opt1 or BROCHURE Details and photographs taken 2026.
Some external images from previous years have been used in this brochure.
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 Thorngate Place, Barnard Castle, County Durham, DL12
Explore nearby