2-bedroom flat · DL12 8FD
Listing removedListed 95 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom ground floor apartment with parking located on a popular residential development within the historic market town of Barnard Castle.
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 External door with secure telecom entry system providing entry to a communal hallway and door to the apartment.
Hallway With intercom entry system, spotlighting, coving to ceiling, two storage cupboards and doors providing access to the accommodation.
Kitchen A good range of wall and floor units, with contrasting worksurfaces and breakfast bar, gas hob, electric oven, white goods including washing machine, tumble dryer, dishwasher and fridge freezer.
Stainless sink with mixer tap and drainer, cupboard housing the central heating boiler, tiled splashbacks, radiator and window overlooking the front elevation.
Living Room A spacious living room with window overlooking the front elevation, coving to ceiling and radiator. Bedroom One With window overlooking the rear elevation, and radiator.
Bedroom Two With window overlooking the rear, radiator. Bathroom Panelled bath with shower over, wc, hand wash basin, radiator and obscured window to rear.
Externally Designated parking space for one car.
Viewing Strictly by appointment through the agents Terms and Conditions The property will be let part furnished on an Assured Periodic Tenancy at a rental of £650 per calendar month exclusive, payable monthly in advance by standing order.
In addition, a tenancy deposit of the equivalent of five week's rent (£750) 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.
Commencement The property is available for immediate occupation.
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, no pets Compliance All our branches have Client Money Protection (CMP) and are protected by RICS and The Ombudsman an independent redress scheme.
Membership number T01921 Accommodation External door with secure telecom entry system providing entry to a communal hallway and door to the apartment.
Hall With intercom entry system, spotlighting, coving to ceiling, two storage cupboards and doors providing access to the accommodation.
Kitchen A good range of wall and floor units, with contrasting worksurfaces and breakfast bar, gas hob, electric oven, white goods including washing machine, tumble dryer, dishwasher and fridge freezer.
Stainless sink with mixer tap and drainer, cupboard housing the central heating boiler, tiled splashbacks, radiator and window overlooking the front elevation.
Living Room A spacious living room with window overlooking the front elevation, coving to ceiling and radiator. Bedroom One With window overlooking the rear elevation, and radiator.
Bedroom Two With window overlooking the rear, radiator. Bathroom Panelled bath with shower over, wc, hand wash basin, radiator and obscured window to rear.
Externally Designated parking space for one car.
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 Bouch Way, Barnard Castle, County Durham, DL12
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