7 Garth Meadow, Catterick, Richmond, County Durham

Description

A four bedroom detached home in Catterick in need of modernisation. A well proportioned link detached family house within a pleasant cul-de-sac setting in this conveniently located village close to Richmond and the A1(M). Requires modernisation and refurbishment. Entrance Hall, Lounge, Dining Room, Kitchen, Rear Hall, WC, 4 Bedrooms, Bathroom/WC, Garage, Driveway, Front and Rear Gardens, Gas Fired Central Heating, UPVC Double Glazing.

Accommodation

Ground Floor: Entrance Hall, Lounge, Kitchen, Dining Room, WC. First Floor: Bedroom 1, Shower Room, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom/WC. Garage, driveway, front and rear gardens.

Location

Catterick is a conveniently located village close to Richmond and the A1(M). The property is situated within a pleasant cul-de-sac setting.

Tenure / Property Information

Investment Analysis

Same-street detached sales range from £170,000 to £232,000, with the latest supplied sale at £232,000 in February 2026. Given the subject requires modernisation and its condition relative to the comparable is unknown, £232,000 is used as an indicative post-modernisation base GDV, with a conservative £210,000 low case.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, legal-pack review and a firm refurbishment quotation; do not bid on yield assumptions because rent evidence is absent.

Works Required

Modernisation and refurbishment as required, including assessment and updating of the kitchen, WC, shower room, bathroom/WC, decoration and finishes. No specific defects or quantified scope are supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Indicative refinance value is supported by same-street detached sales, but BRRR viability cannot be calculated without a refurbishment budget, finance costs and a supported rental figure. At the guide, the purchase price plus stated buyer and administration charges is £164,680 before works and other costs.

Buy-to-Let Analysis

BTL cannot be quantified because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Known acquisition costs at the £160,000 guide are £2,880 buyer premium plus £1,800 administration charge, excluding any disbursements.

Flip Analysis

Using the £232,000 base GDV, the guide price leaves £67,320 before works, selling costs, finance and any disbursements, calculated after the £2,880 buyer premium and £1,800 administration charge. A reliable flip surplus cannot be established without a works budget and selling allowance.

Investor Risks & Due Diligence

• Refurbishment scope and cost are unquantified.

• No sufficiently specific rental evidence is available.

• Comparable properties may differ in condition, layout or specification.

• Legal-pack disbursements and other special-condition costs are unknown.

• Buyer premium and administration charge apply in addition to the purchase price.

Recommendation

Proceed only subject to inspection, legal-pack review and a firm refurbishment quotation; do not bid on yield assumptions because rent evidence is absent.

Strategy Rating

Analysis Confidence

Same-street completed sales support an indicative GDV, but bedroom/condition comparability, refurbishment costs, rental evidence, finance costs and selling costs are incomplete.