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Barclays Bank, Hawes

North East

£330,000
Listed on 31/03/2026

Property Details

Bedrooms
4
Type
Character Property

Description

This property presents a remarkable opportunity for redevelopment in the vibrant Hawes Market Place, characterized by its dual potential for commercial and residential use. Within the picturesque Yorkshire Dales, this prominent building promises significant investment potential due to its central location amidst a town that is celebrated for its independent shops and community vibe. The layout includes four spacious floors, with the ground floor currently serving as a sizable commercial space previously occupied by Barclays Bank. This space not only boasts planning permission for a rear extension but also generates income from an ATM leased long-term to Barclays. The upper levels of the property are primed for transformation into two well-designed residential flats, complete with planning permission to facilitate their conversion. Each flat will offer comfortable living spaces with notable views, creating appealing residential opportunities in this highly sought-after area. An additional loft space on the third floor could be utilized or converted, subject to planning approval. Outside, there is a rear garden capable of accommodating parking and offering further landscaping possibilities to enhance the aesthetics and functionality for future tenants or owners. In summary, this property not only offers a unique chance to develop in a thriving market town but also holds substantial long-term investment potential, making an early viewing essential.

Investment Analysis

(DL8 area)
Area Average
£278/sq ft

Renovation Potential

Medium 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
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DL8)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -7.2%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on DL8 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

Barclays Bank, Hawes
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,169
Based on a loan of £247,500 over 30 years at 3.91% 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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