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Demesne Farm, Gunnerton, Hexham, Northumberland, NE48 - Image 1
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Demesne Farm, Gunnerton, Hexham, Northumberland, NE48

North East

£700,000
Listed on 28/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Located on the edge of Gunnerton in Northumberland, Demesne Farm presents an excellent opportunity for renovation enthusiasts or investors. This property features a collection of traditional stone farm structures alongside a centrally positioned 4-bedroom farmhouse, offering potential for both residential and commercial conversions. The expansive grounds encompass approximately 2.99 acres, providing ample space for development. Notably, full planning permission has been secured for transforming existing agricultural buildings into four traditional homes, along with current applications to convert the cattle shed into additional dwellings. With picturesque views of surrounding farmland and proximity to Hexham, this site benefits from both charm and accessibility, making it ideal for those looking to undertake substantial renovations or new builds in a desirable rural setting.

Investment Analysis

(NE48 area)
Area Average
£199/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NE48)

Area prices are rising by +6.6% over the last 12 months
3 year growth: -5.6%
5 year growth: 2.3%
Investment Disclaimer: Analysis based on NE48 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

Demesne Farm, Gunnerton, Hexham, Northumberland, NE48
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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
£2,564
Based on a loan of £525,000 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