2 bedroom flat for sale

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2 bedroom flat for sale

Falt 4, 23 Horsemarket, Barnard Castle, County Durham, DL12
£60,000

Price History

Initial price £75,000
21/12/25 £60,000
Price Change -20.00%

Description

This investment property is a self-contained 2-bedroom flat located in the town centre of Barnard Castle, North Yorkshire. The property offers a gross initial yield of 9.20% with a current rental income of £5,520 per annum, which is below its estimated rental value of £7,000 per annum. The property has been refurbished with a newly replaced roof and refurbished communal areas, and is situated in a prime location with a range of occupiers nearby, including high street brands and local businesses. The property is currently let on an AST to an individual for a term of 6 months, and is available on a long leasehold basis with a peppercorn ground rent. With its attractive yield and prime location, this property presents an attractive investment opportunity for those looking to add to their portfolio.