Unique Grade II Listed Castle (Portfolio of 21 Dwellings)

This is a RARE & DESIRABLE property. To watch or bid visit Rare & Desirable – The Bidding Platform. All viewings and surveys must be arranged via the Estate Agent.

Offering a rare investment opportunity to acquire Stanhope Castle, a fabulous business and lifestyle property portfolio. Built in 1798, this building boasts a wealth of rich history, incredible period features, and enchanting substantial grounds. The Castle consists of 21 properties in total, 16 of these being held by the current owner. All are all beautifully styled and decorated, with 70% currently with residential letting agreements in place and 30% successfully rented as holiday homes. The sale includes the Freehold to all but one of these properties as well as the freehold to the estate land. Any investor interested in purchasing this amazing portfolio, has the security of all properties under tenancy agreements.

This beautiful grade II listed building and its surrounding land is set in a delightful location with an exciting history to explore. Stanhope was a centre of activity for both agricultural and military purposes throughout the 14th century, having King Edward III and his army reside in the area whilst at battle.

The wonderful village of Stanhope, County Durham, showcases beautiful natural surroundings, placed along the banks of the River Wear, and presenting a huge stretch of mature woodlands, fields, and greenery, adding to the tranquil settings, and making this a peaceful place to reside in or visit. Nestled in the centre of Stanhope village, there are a range of local amenities close by, including eateries, shops, bars, restaurants, and Stanhope train station, which provides links to surrounding towns and villages as well as hosting the popular Christmas train service each year, which is a must for those visiting this wonderful area.

Due to its fantastic location and beauty, it is understandable that the castle has become an exceptionally popular place for visitors to stay, with the current owner renovating a range of holiday lets to an exceptional standard, which generate a huge success from guests all year round. The castle is also a licensed wedding venue which has successfully celebrated many weddings, some of those being held outdoors on the beautifully maintained front lawns.

Entering the castle grounds via the main arched entrance there is a welcoming feeling of grandeur and opulence from the enchanting architectural features, including battlement walls and tall archways. All the rooms within the building have been tastefully styled with great care and boast a modern look yet compliment the traditional features and significance of the property. The apartments are spacious and some showcase original features such as exposed brick stone walls and archways with most also offering breath-taking views of the castle grounds and surrounding countryside.

The castle grounds are incredibly beautiful, with extensive well maintained lawn space bordered by stone walls and mature trees. The established woodlands provide an enchanting environment that are perfect for walks and adventures with numerous enjoyable footpaths to benefit from.

Alongside this once in a life time investment opportunity, there is also development land and planning permission for an additional five plots which upon completion are to offer two houses and three bungalows, designed to an exceptionally high standard and will reside within the castle boundary.