2-bedroom flat · DL12 8JN
Listing removedListed 117 days · slow let
Opportunity summary
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About
A two bedroom ground floor apartment conveniently situated within walking distance of Barnard Castle Town Centre.
Barnard Castle is a popular market town situated in the picturesque Teesdale Valley and has a good range of local amenities including shops, cafes, restaurants, and well-respected schools.
The town enjoys a good connection to the A66 and A1, making the property within commuting distance of Teesside, Newcastle, Durham and Darlington.
Accommodation Living Room With sash window overlooking the front elevation, radiator, and opening into the Dining Kitchen.
Dining Kitchen Fitted with a good range of wall and floor units with contrasting work surfaces, electric hob and oven, stainless steel sink with mixer tap and drainer, cupboard housing gas central heating boiler, extractor fan, plumbing for a washing machine, space for undercounter appliances and a freestanding fridge/freezer.
Inner Hallway Access to bedrooms and bathroom.
Bedroom 1 A double bedroom with a sash window overlooking the rear, and radiator, Bedroom 2 A single bedroom with a sash window overlooking the rear, and radiator.
Bathroom Part tiled walls, panelled bath with shower overhead, low level WC, pedestal basin, and radiator. PARKING Allocated parking space.
COUNCIL TAX Band B Terms and Conditions The property will be let part furnished on an Assured Periodic Tenancy for a minimum term of six months at a rental of £625 per calendar month exclusive, payable monthly in advance by standing order.
In addition, a tenancy deposit of the equivalent of five week's rent (£721) will be payable prior to taking occupation.
The tenant will be responsible for all outgoings, including electricity, gas, water rates, Council Tax (Band B) and telephone charges.
Energy Efficient Rating -C Tenant Fees Schedule Holding Deposit of One Weeks Rent Unpaid Rent – Interest at 3% above the Bank of England base rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) – Tenants are liable to the actual cost of replacing any lost keys(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc.VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract (Tenant's Request) - £50 (inc.VAT) per agreed variation.
To cover the cost associated with taking landlord's instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant's Request) - £50 (inc.VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord's instructions, new tenant referencing and Right to Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant's Request) – Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy. Commencement The property is available for occupation September.
A tenancy must commence within one month of receiving suitable references from an applicant, the payment of the first month's rent, tenancy deposit and the completion of a Tenancy Agreement.
Insurance The tenant will be responsible for insuring their own personal possessions/contents of the property upon taking occupation.
Restrictions No smokers Compliance All our branches have Client Money Protection (CMP) and are protected by RICS and The Ombudsman an independent redress scheme.
Membership number T01921 Living Room With sash window overlooking the front elevation, radiator, and opening into the Dining Kitchen.
Dining Kitchen Fitted with a good range of wall and floor units with contrasting work surfaces, electric hob and oven, stainless steel sink with mixer tap and drainer, cupboard housing gas central heating boiler, extractor fan, plumbing for a washing machine, space for undercounter appliances and a freestanding fridge/freezer.
Inner Hallway Access to bedrooms and bathroom. Bedroom One A double bedroom with a sash window overlooking the rear, and radiator.
Bedroom One A double bedroom with a sash window overlooking the rear, and radiator. Bedroom Two A single bedroom with a sash window overlooking the rear, and radiator.
Bathroom Part tiled walls, panelled bath with shower overhead, low level WC, pedestal basin, and radiator.
Bathroom Part tiled walls, panelled bath with shower overhead, low level WC, pedestal basin, and radiator. Parking Allocated parking space.
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
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FAQ
About Low Mill , Barnard Castle , DL12
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