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Overton House, Reeth, Swaledale

North East

£420,000
Listed on 10/05/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
2205 sqft

Description

Nestled in the picturesque heart of Swaledale, this property presents a compelling opportunity for both residential living and commercial ventures. Boasting a spacious layout, it features a blend of original charm and modern potential, making it an ideal candidate for renovation or investment. The ground floor consists of commercial space that previously operated as a café. With its beamed ceilings and large windows offering views over the village green, this area could easily be repurposed to suit various business ideas or integrated into the home's living space. Planning permission has already been granted by the Yorkshire Dales National Park Authority to convert this commercial section entirely into residential use, providing flexibility for the next owner. Moving through the interior, you'll find an entrance hall leading to multiple living areas including a lounge with decorative tiled fireplace and windows overlooking Reeth village green. The overall layout supports easy adaptation; with three double bedrooms on the upper floors, plus an additional room that can serve as a study or fourth bedroom. There is ample storage throughout the property, including a cellar and utility spaces which further enhance its functionality. The secluded rear garden offers a quiet retreat with established flower beds and space for outdoor activities. Its west-facing orientation ensures plenty of natural light in the latter part of the day—a valuable feature for any homeowner looking to create their own outdoor oasis. This property benefits from oil-fired central heating and is connected to essential services such as mains electricity, water, and drainage. The unique Grade II listing not only adds historical significance but also underscores its character within this charming Yorkshire village environment. For investors or those looking to capitalize on growth potential in this desirable area, this property represents an excellent canvas. Whether you envision expanding upon its current configuration or maximizing its commercial space's appeal, your options are plentiful in this versatile setting.

Investment Analysis

(DL11 area)

Below Market Value

This property is priced -31.6% below area average per sq ft

-31.6%
Potential saving
This Property
£190/sq ft
Area Average
£278/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£675,017
10% above area average per sq ft
Potential ROI
+43.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (DL11)

Area prices are falling by +2.3% over the last 12 months
3 year growth: -5.1%
5 year growth: 29.5%
Investment Disclaimer: Analysis based on DL11 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

Overton House, Reeth, Swaledale
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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
£1,539
Based on a loan of £315,000 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