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Wycliffe, Barnard Castle

North East

£200,000
Listed on 01/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique renovation opportunity with planning permission already in place for converting a charming barn into a two-bedroom holiday cottage. Set within an impressive 6,360m² site that includes an adjoining field, this space is ideal for those looking to undertake a project with significant investment potential. The barn's location in the picturesque village of Wycliffe, just outside Barnard Castle, offers both tranquility and accessibility. The surrounding area features stunning countryside views and is well-positioned for exploring nearby historic sites such as Richmond, located 12.5 miles away, which boasts its own castle and scenic walks along the River Swale. Barnard Castle itself is only 6.5 miles distant and provides a variety of amenities, including shops, restaurants, and cultural attractions like the Bowes Museum. It’s important to note that while there are no existing services or drainage systems connected to the property, this allows for flexibility in designing the future cottage according to your preferences. Any prospective buyer should conduct their own research regarding connection costs and availability. The potential of this property extends beyond simple conversion; it represents a chance to create a desirable getaway that could appeal to tourists seeking accommodations in this stunning region. Wycliffe’s serene environment combined with the adventure opportunities in Teesdale and Swaledale further enhance its allure for visitors. Whether for personal enjoyment or as an investment venture, this barn offers exciting possibilities in an idyllic setting.

Investment Analysis

(DL12 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DL12)

Area prices are rising by +5.5% over the last 12 months
3 year growth: 13.7%
5 year growth: 22.7%
Investment Disclaimer: Analysis based on DL12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wycliffe, Barnard Castle
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE