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Shilburn Road, Allendale, Northumberland, NE47 - Image 1
Shilburn Road, Allendale, Northumberland, NE47 - Image 2
Shilburn Road, Allendale, Northumberland, NE47 - Image 3

Shilburn Road, Allendale, Northumberland, NE47

North East

£195,000
Listed on 17/04/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Situated in a sought-after area of Allendale, this property offers a unique renovation and investment opportunity. The site features a substantial building plot that commands pleasant open views and is conveniently close to local amenities, including shops, schools, and medical facilities. Approved planning permission is in place for the construction of a two-story detached home with four bedrooms and two reception areas, emphasizing the potential for creating a comfortable family residence. Additionally, plans include a spacious detached garage or workshop, which enhances the property's overall utility. Given the previous dwelling on-site, essential utilities are likely accessible; however, prospective buyers should confirm their availability. The layout allows for ample parking at the front and offers generous garden space surrounding the new build, catering to outdoor needs. The freehold land will be sold with vacant possession, providing flexibility for immediate development. For detailed insights into the approved designs and specifications, interested parties can review application number 21/04869/FUL. This property represents not only an appealing living space but also a promising venture in a vibrant community.

Investment Analysis

(NE47 area)
Area Average
£244/sq ft

Renovation Potential

Est. Renovation Cost
£19,500 - £48,750
10-25% of property value
Monthly Sales
2
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NE47)

Area prices are falling by +17.1% over the last 12 months
3 year growth: 1.6%
5 year growth: 17.2%
Investment Disclaimer: Analysis based on NE47 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Shilburn Road, Allendale, Northumberland, NE47
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