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Manor Farm Barns Development, Fearby, Ripon, HG4 4ND

Yorkshire

£400,000
Listed on 01/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a promising opportunity for those interested in renovation and investment. Comprising a collection of stone buildings, the site benefits from full planning permission to transform these structures into three upscale residences. Nestled within a generous 2.5-acre plot, this location offers ample space for development while maintaining a sense of privacy and tranquility. The existing stone buildings have character and potential, allowing for creative designs that can appeal to a range of buyers in the market. The area is well-positioned, providing convenient access to local amenities, schools, and transport links, making it an attractive option for future homeowners. Given the current housing demand and the allowance for multiple dwellings on this expansive site, this property represents a significant investment opportunity in a desirable community. Whether you are looking to build luxury homes or seeking a project with strong return prospects, this site holds considerable potential for savvy investors or developers.

Investment Analysis

(HG4 area)
Area Average
£295/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HG4)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on HG4 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

Manor Farm Barns Development, Fearby, Ripon, HG4 4ND
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 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