Flats 1, 2 & 4
Auction House London flat

Flats 1, 2 & 4, 23 Horsemarket, Barnard Castle, Durham, DL12 8LX

£120,000 Score 3.5/10

Description

Three Flats (2 x One Bedroom, 1 x One Bedroom) Part Let Producing a Combined Rent of £10,920 Per Annum (Reflecting a Gross Initial Yield of 9.1%)

Opportunities

  • 9.1% GIY
  • Title split (3 units)
  • Producing £10,920 pa

Lot details

  • Flat
  • Three Flats (2 x One Bedroom, 1 x One Bedroom) Part Let Producing a Combined Rent of £10,920 Per Annum (Reflecting a Gross Initial Yield of 9.1%)

Estimated value

£112k – £168k ≈ £140k Low confidence
How we worked this out

Based on 2 comparable sales in DL12 (median £128k) · +10% (Title split potential)

Indication only — based on Land Registry sales and EPC data, not a formal valuation.

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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.