The Bank, Barnard Castle
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The Bank, Barnard Castle

By Moovd

£ 200,000

Reviews

2 out of 5 stars

Moovd says ..

Guide Price £200,000+ Moovd Online Property Auctions are thrilled to bring to the market, For Sale via Option A – Unconditional Online Auction BUY IT NOW PRICE AVAILABLE of £200,000, this deceptively spacious, mixed-use building in the heart of Barnard Castle. From the moment y...

Property Oracle says ..

This property at The Bank, Barnard Castle, is a mixed-use building currently configured as a commercial space with residential accommodation above. The location in the heart of Barnard Castle offers potential benefits for business, given the town’s popularity as a tourist destination and its established market. However, the property is in significant need of renovation, impacting its overall value. The interior photos reveal clear signs of wear and tear, indicating extensive repair work will be required to improve its condition and marketability. The kitchen and other areas lack modern fixtures and fittings, suggesting a complete overhaul is needed. While the presence of a rear yard/garden provides potential outdoor space, it currently appears neglected and overgrown and requires considerable landscaping efforts to become usable. The list price of £200,000 is relatively high considering the required repairs. While the location in Barnard Castle is a positive, the property’s condition and limited land size may necessitate a more comprehensive assessment of the total project costs before making a purchase decision. Potential buyers should factor in the significant renovation expenses when evaluating this property’s overall value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
1,903.00

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
484,999.00 £
Increased by 46.03 %
from 332,133.00 £
Est sale value
656,535.00 £
Increased by 58.99 %
from 412,951.00 £
Average area rental value
775.00 £/mo
Increased by 4.59 %
from 741.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.92 %
Decreased by 28.36 %
from 2.68 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Moovd created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Roman Catholic Voluntary Aided Primary School, Barnard CastleVoluntary Aided SchoolGood0.50 KM
Montalbo Nursery & Primary SchoolCommunity SchoolGood0.87 KM
Barnard Castle SchoolOther Independent School1.42 KM
Teesdale School And Sixth FormAcademy Sponsor LedOutstanding1.62 KM
Green Lane Church Of England Controlled Primary SchoolVoluntary Controlled SchoolGood1.67 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
West View £ 000.00 KM
Gray Lane £ 000.00 KM
St Marys Close £ 244,95000.00 KM
Chapel Court £ 000.00 KM
Hole in the Wall £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Bank, Barnard Castle £ 180,000BUY6 / 100.00 KM
The Bank, Barnard Castle £ 200,000BUY5 / 100.00 KM
33 The Bank, Barnard Castle £ 249,000BUY6 / 100.00 KM
Blagraves, Barnard Castle, County Durham £ 550,000BUY6 / 100.05 KM
The Bank, Barnard Castle, County Durham, DL12 £ 350,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
46 The Bank £ 260,0000.06 KM
52 The Bank £ 213,0000.06 KM
45 The Bank £ 166,0000.06 KM
37 The Bank £ 310,0000.06 KM
33 The Bank £ 185,0000.06 KM