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See how verdicts work3-bedroom house · DL8 4ED
Listing removedListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £550,000 – £600,000.
Nestled in the heart of the ever-popular village of Redmire, Penmead is a fabulous and substantial contemporary barn conversion offering spacious, versatile accommodation together with stunning south-facing gardens, a paddock and breath-taking views towards Penhill.
Combining character, charm and practicality, this impressive home enjoys a peaceful village setting whilst remaining just four miles from the thriving market town of Leyburn.
Redmire is a highly sought-after Wensleydale village with a strong community spirit and an excellent range of local amenities including a well-regarded public house, church, active village hall and superb countryside walks in every direction.
The village is also home to the famous Wensleydale Railway, now operating as a popular heritage attraction.
Nearby Leyburn provides primary and secondary schooling, doctors’ surgery, independent shops, cafés, restaurants, pubs and a traditional weekly market.
The accommodation is both generous and flexible, making the property ideal for family living, entertaining or those seeking adaptable space for guests or home working.
The ground floor offers a range of spacious and versatile rooms.
A welcoming entrance hall leads to a well-appointed kitchen, a useful utility room, and a magnificent lounge featuring a wood-burning stove and a large arched window that frames stunning views.
In addition, there is a further reception room, currently used as a sitting room, offering excellent flexibility as a potential fourth bedroom, snug, or home office.
Furthermore, the beautiful sun room—an attractive recent addition to the property—connects to the garden room or third double bedroom, which benefits from a modern en-suite shower room.
To the first floor are two well-proportioned double bedrooms, including a spacious principal bedroom and a second bedroom with ensuite facilities, together with a family bathroom.
The property further benefits from modern electric heating, underfloor heating and double glazing throughout. Externally, Penmead continues to impress.
To the front is an attractive cobbled seating area with flagged pathway leading to the entrance, while a large gravelled driveway provides ample parking for several vehicles.
A superb garage with timber doors, power and lighting offers excellent storage and workshop potential.
The extensive south-facing rear garden enjoys truly fantastic views towards Penhill and is mainly laid to lawn with beautifully manicured flower beds, established shrubs and planted borders.
A flagged patio seating area provides the perfect spot for outdoor dining and entertaining, while a handy storage shed with power and lighting adds further practicality.
Beyond the garden lies a useful paddock suitable for a variety of uses, together with an additional gated gravel driveway to the side providing further generous parking.
Penmead is a rare opportunity to acquire a substantial and beautifully positioned village home in one of Wensleydale’s most desirable locations.
Ground Floor Entrance Hall Tiled flooring with under floor heating. Ceiling beams. Modern electric heater. Electric consumer unit.
Utility Room Tiled flooring with under floor heating. Wash basin in vanity unit. WC. Plumbing for washing machine. Window to front. Kitchen Tiled flooring with under floor heating.
Beamed ceiling. Partially tiled walls. Good range of wall and base units. Granite work top. Stainless steel 1 & 1/2 bowl sink. Integrated electric oven. Electric hob. Extractor fan.
Large integrated fridge. Integrated dishwasher. Windows to side. Window to rear with fabulous views.
Summer Room Large bright mid section summer room with glazed roof and patio doors to rear garden. Ceramic tiled floor. Air conditioning/heating unit. Fabulous views to Penhill.
Garden Room/Bedroom 3 Currently utilised as a large double bedroom. Ceramic tiled floor with under floor heating. Patio door to rear garden with fabulous views to Pen Hill. Window to side.
Ensuite Shower Room. Ceramic tiled floor with under floor heating. Washbasin in vanity unit. WC. Walk in shower. Lounge Magnificent large light lounge. Fitted carpet. Ceiling beams.
Modern electric heater. Stone fireplace with oak lintels. Wood burning stove. Niche shelves. Understairs cupboard. Large arch window with fabulous views to Penhill.
Door to rear garden Sitting Room/Bedroom 4 Flexible use room. Fitted carpet. Ceiling beams. Modern electric heater. Window to side. Large window to front.
Pantry Cupboard Large cupboard housing freezer and store cupboards. Great storage. First Floor Stairs & Landing Fitted carpet. Turned staircase.
Bedroom 1 Large double bedroom. LVT flooring. Ceiling beams. Modern electric heater. Range of fitted wardrobes and furniture. Window to front. 2 Windows to rear with views to Penhill.
Bedroom 2 Good double bedroom. LVT flooring. Modern electric heater. Vaulted beamed ceiling. Built in store cupboards. 2 Velux windows. Ensuite Shower: Tiled flooring. Tiled walls.
Heated towel rail. WC. Washbasin. Shower cubicle. Niche circular window to front. Bathroom Tiled flooring with under floor heating. Tiled walls. P shape bath with shower over. Washbasin. WC.
Loft hatch. Large storage cupboard housing hot water tank. Window to rear with lovely views. Outside Front Cobbled area, ideal for plants or seating. Flagged path to front door.
Large gravelled driveway providing ample parking for several vehicles. Garage Large garage. Timber doors. Power and light. Storage loft above beams.
Hot water tank for garden room/downstairs bedroom. Side Good sized, gated, gravel drive. Ample parking for several vehicles. Rear Garden Large South facing rear garden.
Fantastic views to Penhill. Mainly laid to lawn. Manicured flower beds with well established shrubs and plants. Flagged patio seating area. External socket. External tap. Gate to paddock.
Stone Shed Great storage shed with power and light. Paddock Great paddock, suitable for various uses. Services Mains electric and drainage.
Private Redmire water supply charged at £35 per person p.a. Flood risk noted as very low with no history of flooding. Broadband: Basic 3 Mbps. Superfast 45 Mbps.
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.
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FAQ
About Penmead, Priory Close, Redmire, DL8 4ED
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