Park Terrace, Barnard Castle, County Durham, DL12
AD

Park Terrace, Barnard Castle, County Durham, DL12

By Addisons Chartered Surveyors

£ 360,000

Reviews

3 out of 5 stars

Addisons Chartered Surveyors says ..

A wonderful opportunity to purchase this generously proportioned, elegant town house located in a desirable area of Barnard Castle, within easy walking distance of the town centre and local countryside. The accommodation is spread over three floors and retains many of its original feat...

Property Oracle says ..

This five-bedroom, one-bathroom terraced house in Barnard Castle, County Durham, presents a compelling yet nuanced proposition. Situated on Park Terrace, the property benefits from a convenient location near the town centre and a selection of well-rated schools. The proximity to the countryside is also a significant plus point. However, potential buyers should be aware of the required investment for modernisation.

While the main living areas, including the living room and dining room, exhibit some character features and appear well maintained and offer a bright aspect, the kitchen and some bedrooms could benefit from a refresh. The bathroom also needs modernising. Several of the rooms exhibit original period features such as cornicing and ceiling roses, but some areas show signs of disrepair. Some areas, including at least one bedroom, shows some significant areas of damage to the plasterwork. Furthermore, the listed plot size of 0.00 sqft is highly suspect. While there is a garden space visible in the photographs, it appears comparatively modest in size for a property of this price.

Overall, the property presents an opportunity for those seeking a large family home in a prime location. The necessary modernisation would likely be reflected in the cost, yet the overall package, considering Barnard Castle’s desirable property market, places it squarely within the range of expectation for a property of its scale in this area. The photographs suggest that it has potential, once some works are undertaken, but it needs significant improvement before it will be to a good standard.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
5
Bathrooms
1
Sqft (est)
1,753.12

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
331,665.00 £
Increased by 2.13 %
from 324,745.00 £
Est sale value
645,148.16 £
Increased by 68.04 %
from 383,933.28 £
Average area rental value
1,000.00 £/mo
Decreased by 11.50 %
from 1,130.00 £/mo
Est letting value
1,753.12 £/mo
from 0.00 £/mo
Est rental Yield
3.62 %
Decreased by 13.40 %
from 4.18 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Addisons Chartered Surveyors marked this listing as sold.

  • Addisons Chartered Surveyors created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Roman Catholic Voluntary Aided Primary School, Barnard CastleVoluntary Aided SchoolGood0.16 KM
Montalbo Nursery & Primary SchoolCommunity SchoolGood0.85 KM
Barnard Castle SchoolOther Independent School0.91 KM
Green Lane Church Of England Controlled Primary SchoolVoluntary Controlled SchoolGood1.22 KM
Teesdale School And Sixth FormAcademy Sponsor LedOutstanding1.29 KM

Images

IMG_4409 IMG_4362 IMG_4373 IMG_4399 IMG_4401 IMG_4368 IMG_4377 IMG_4354 IMG_4349 IMG_4347 IMG_4352 IMG_4385 IMG_4357 IMG_4345 IMG_4405 IMG_4341 IMG_4333 IMG_4339 IMG_4390 IMG_4396 IMG_4332 IMG_4328

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Terrace £ 000.00 KM
North View £ 000.00 KM
Wood Street £ 000.00 KM
Old School Close £ 000.00 KM
Victoria Court £ 210,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Terrace, Barnard Castle, County Durham, DL12 £ 360,000BUY6 / 100.00 KM
Malvern House, 2 Park Terrace, Barnard Castle £ 475,000BUYUnknown0.01 KM
35 Newgate, Barnard Castle, DL12 £ 325,000BUY6 / 100.08 KM
The Old Vicarage, Newgate, Barnard Castle, County Durham £ 1,750,000BUYUnknown0.12 KM
Newgate, Barnard Castle, County Durham, DL12 £ 575,000BUY7 / 100.12 KM

Nearby Properties

AddressPriceDistance
12 Park Terrace £ 275,0000.03 KM
1 Park Terrace £ 325,0000.03 KM
66b Newgate £ 175,0000.07 KM
48 Newgate £ 200,0000.08 KM
41 Newgate £ 250,0000.08 KM