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See how verdicts work2-bedroom bungalow · DL12 8FJ
Listing removedListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Addisons are pleased to offer to the market this immaculately presented, two-bedroom bungalow with parking and garden, situated within the highly popular Ashtree Park development on the outskirts of Barnard Castle.
Properties of this standard are rarely available, and early viewing is highly recommended to avoid disappointment.
The property benefits from gas central heating and double glazing throughout and briefly comprises, Entrance Hall, Living/Dining Kitchen, Two Bedrooms and Bathroom.
Externally there is a driveway with off road parking for two cars and enclosed garden. Barnard Castle is a thriving market town situated in the picturesque Teesdale Valley.
The town has a great range of local amenities including local and independent shops, café, restaurants, post office and doctors' surgery.
The town is also conveniently located for access to the A66 and on to the A1.
ACCOMMODATION Hallway With partially panelled walls and laminate flooring, which continues through to the living/kitchen area.
Featuring a radiator, Hive heating thermostat, doors leading the accommodation, storage cupboard with shelving, and loft access to a fully insulated, partially boarded loft.
Open Plan Living/Dining/Kitchen An open plan living/dining kitchen area featuring illuminated alcoves with shelving and storage, and radiator.
The kitchen benefits from an excellent range of wall and base units with contrasting work surfaces, a gas hob with extractor hood above, electric double oven, and integrated fridge freezer, washing machine, and dishwasher.
Further features include under cabinet lighting, a stainless steel sink with mixer tap and drainer, and a cupboard housing the central heating boiler.
Windows to a dual aspect provide plenty of natural light, with French doors opening onto the garden. The kitchen area also offers ample space to accommodate a dining table and chairs.
Bedroom One Situated to the front elevation with windows to dual aspect, fitted sliding door wardrobes with hanging rail, and radiator.
Bedroom Two Situated to the front elevation with window and radiator.
Bathroom Panelled bath with rainfall shower overhead, vanity sink unit with storage below, wc, towel radiator, extractor fan and partially tiled walls.
EXTERNALLY To the front of the property is a driveway with EV charger providing off road parking for two cars.
The rear garden is mainly laid to lawn with patio seating area and side gate, the garden is fully enclosed with fenced and stone wall boundaries.
PRICE £230,000 VIEWING Strictly via appointment through the selling agents.
Property Information Service Charge- A service charge will become payable upon completion of the development to cover the maintenance of communal areas and shared access roads.
The amount is yet to be confirmed.Title Number(s)- Freehold- DU394286, DU394287Tenure- FreeholdLocal Authority- DurhamCouncil Tax Band B Annual Price: £1,984Conservation Area - NoFlood Risk- Very lowMobile coverage- EE, Vodafone, O2Broadband- Basic16 Mbps, Superfast 61 Mbps, Ultrafast1800 MbpsSatellite / Fibre TV Availability- BT & SkyParking- Driveway Covenants and EasementsThe property is subject to restrictive covenant(s) and/or easement(s) that will need to be verified by the seller's solicitor.
SurveyWe have not undertaken a survey of the property and therefore are unable to comment on its structural condition. BROCHURE Photographs and details taken January 2026.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs

FAQ
About 1 Merlin Drive, Barnard Castle
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