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Well Bank, Well, Bedale, North Yorkshire, DL8 - Image 1
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Well Bank, Well, Bedale, North Yorkshire, DL8

North East

£215,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
904 sqft

Description

This detached two-bedroom cottage offers a unique opportunity for renovation and investment in a desirable village setting. Nestled in the heart of Well, the property retains period character while presenting a blank canvas for modernization. The house features charming architectural details and sits on well-established grounds with a combination of gardens, an attached single garage, and two additional outbuildings. Upon entering, you’re welcomed by an entrance lobby leading to a reception hallway that provides access to key living areas. A functional kitchen awaits with wooden-effect units and under-counter space for appliances, ready for an update to suit contemporary tastes. To the front of the property, the sitting room is generously proportioned and features a bay window overlooking the garden, alongside exposed ceiling beams and a stone fireplace with an inset stove—elements that can be enhanced through thoughtful renovations. The ground floor also includes a bathroom equipped with essential fixtures, currently needing modern updates but offering good layout potential. Upstairs, two double bedrooms with garden views provide comfortable space for relaxation; one of which includes fitted wardrobes. Outside, the property boasts three distinct garden areas including tiered landscaping that could benefit from revitalization. A paved patio area allows easy maintenance while creating an inviting space for outdoor gatherings. Additionally, the single garage—home to the oil-fired central heating boiler—offers further utility along with integral storage options. Well is known for its community spirit and amenities including a local pub and historic church. Its proximity to market towns like Bedale, Masham, and Northallerton enhances its appeal by providing easy access to shops and services. Transportation links are excellent as well; both the A19 and A1(M) are within reach for commuting to larger cities such as Leeds or York. Nearby mainline railway stations connect residents conveniently to London Kings Cross and Edinburgh. This property not only invites you to envision your own updates but also holds considerable potential as an investment in a vibrant rural locale.

Investment Analysis

(DL8 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£238/sq ft
Area Average
£282/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£280,520
10% above area average per sq ft
Potential ROI
+10.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (DL8)

Area prices are falling by +6.8% over the last 12 months
3 year growth: -10.0%
5 year growth: 17.3%
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

Well Bank, Well, Bedale, North Yorkshire, DL8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£788
Based on a loan of £161,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE