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Wall, Hexham, Northumberland, NE46

North East

£350,000
Listed on 05/04/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1013 sqft

Description

This detached bungalow is situated in a tranquil rural setting, offering an ideal opportunity for renovation and investment. Constructed from stone, this single-storey cottage presents a unique blank canvas, inviting creativity for those looking to craft a personalized home. Notably, planning permission has been obtained for significant enhancements. This includes a proposed single-storey extension to the north elevation, a new porch on the south elevation, and plans to add a first-floor level with roof lights. Once completed, these renovations will transform the property into a spacious three-bedroom home. The grounds extend to approximately 0.64 acres, featuring a variety of outdoor spaces including a generous garden, a woodland area, and even a small turnout paddock. A self-contained one-bedroom annex within the garden can serve multiple purposes such as guest accommodation or rental potential. Additionally, there are several outbuildings available for storage or other uses. Located on the outskirts of Wall—a picturesque Northumbrian village about five miles from Hexham—this property benefits from its proximity to stunning countryside and key landmarks like Hadrian's Wall World Heritage Site. Commuters will appreciate easy access to major roads such as the A69 and B6318 military road for travel to Newcastle and Carlisle. Services connected to the property include mains electricity and water, with drainage via a septic tank. It is important to note that part of the land is classified as a heritage site; further details regarding this designation can be accessed through Historic England (listing number 1018581). This property represents an exciting investment opportunity in an appealing location with ample potential for development and personalization. Viewing is by appointment only and can be arranged through our local office.

Investment Analysis

(NE46 area)

Above Market Value

This property is priced +38.1% above area average per sq ft

+38.1%
This Property
£346/sq ft
Area Average
£250/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£278,686
10% above area average per sq ft
Potential ROI
-44.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NE46)

Area prices are rising by +4.6% over the last 12 months
3 year growth: 2.0%
5 year growth: 10.3%
Investment Disclaimer: Analysis based on NE46 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

Wall, Hexham, Northumberland, NE46
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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
£1,282
Based on a loan of £262,500 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