2-bedroom bungalow · NE48 3NT
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A charming single storey cottage, with two double bedrooms surrounded by beautiful countryside and situated within the grounds of Chipchase Castle, with all the facilities of Wark just a short drive away.
The property has a large enclosed private garden with mature trees and shrubs to the rear.
Location Travelling from the south, through Barrasford village, pass Chipchase Castle on your left and take the next left signposted Chipchase Nursery, passing the cottages on your right, follow the road to the courtyard where parking is available and the property is on your left.
2 Stable Yard Cottage is located approximately 10 miles north of Hexham access via the A6079, and 2 miles east of Wark. Rent A rent of £800 per calendar month will be paid monthly in advance.
The tenant will be responsible for all other outgoings on the property including Council Tax.
Deposit A deposit of £800 will be lodged with the Agents prior to the commencement of the tenancy and registered with the Dispute Service Tenancy Deposit Scheme.
The sum will be returned on termination, subject to all commitments having been met.
Services Communal Biomass boiler which provides heating to the cottage (service charge: flat rate charge of £70pcm) | mains electricity | mains water though private pipes | private drainage.
Parking is available for up to two vehicles. Council Tax The property is in band B.
EPC Rated E Viewings and further information For further information or to arrange a viewing please contact the letting agent. EPC Rating = E Letting Agent Registration Number: LARN1810017
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.
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 2 Stable Yard Cottage, Chipchase, Wark, Hexham, NE48
Explore nearby
