2-bedroom house · DL10 4QW
To rentListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located close to the Town Centre, within the shadow of Richmond Norman Castle, a two bedroomed cottage of character which benefits from usage of a garden area within the Castle grounds.
The accommodation comprises: Dining kitchen: (4.22m x 3.42m) Fitted with a range of units with an electric cooker, hob and dishwasher, with space for a fridge and space for a washing machine.
Living Room: (4.75m x 2.68m) with windows overlooking the Castle moat area and Castle Walls. Bedroom 1: (4.82m x 2.80m) a double bedroom with views down the Valley and the Castle Walls.
There is a large double bed with ornate canopy, a wardrobe, a chest of drawers and bedside units. Bedroom 2: (3.60m max x 1.91m max). An L shaped room with velux rooflight and fitted wardrobe.
Bathroom: Fitted with a white suite comprising a bath with Mira shower over, a WC and a wash hand basin. The postcode is DL10 4QW. The property has gas central heating.
NOTE - a Guarantor is required for all Applicants/Tenants of this property.
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 Tower Street, Richmond
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