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Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10 - Image 1
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Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10 - Image 3
Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10 - Image 4
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Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10 - Image 6
Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10 - Image 7
Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10 - Image 8
Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10 - Image 9
Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10 - Image 10

Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10

North East

£400,000
Listed on 07/01/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a significant investment opportunity with approved planning for two Class Q barn conversions and two traditional stone-built dwellings, all set within approximately 0.92 acres. Located at Limekiln Farm in East Appleton, Richmond, this site encompasses a historic collection of stone barns and portal frame structures ready for transformation. Richmond, known for its Georgian architecture and rich cultural heritage, offers great amenities including independent shops, cafés, and top-rated schools, enhancing the appeal of these potential homes. The planning permissions granted by North Yorkshire Council allow for the conversion of agricultural buildings into residential units. The first phase includes two spacious four-bedroom barn units (each 1,625 sqft) designed with ample parking spaces. Additionally, plans are in place for two further residential dwellings (a 1,244 sqft four-bedroom unit and a 743 sqft two-bedroom unit), expanding the residential offering without affordable housing requirements. With a new access route created as part of the development plans and flexibility on completion timelines supported by recent approvals through various planning permissions, this project promises both potential profit from prospective sales or rentals upon completion. Prospective buyers should be aware that full building surveys will be necessary post-renovation to comply with local regulations.

Investment Analysis

(DL10 area)
Area Average
£257/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DL10)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -2.8%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on DL10 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

Catterick Lane, East Appleton, Richmond, North Yorkshire, DL10
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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