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Penyard House, Grosmont, NP7

Wales

£890,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
4736 sqft

Description

This historic 17th-century former rectory, situated in a desirable village, offers significant potential for renovation and investment. With its generous five-bedroom layout and four reception areas, the property retains a wealth of original features, including high ceilings adorned with ornate covings, exposed beams, and charming fireplaces. Noteworthy is the spacious farmhouse kitchen equipped with a Rayburn range, providing an ideal foundation for modern culinary updates. The expansive grounds of one-third of an acre feature mature gardens and include a detached stone barn with granted planning permission for conversion into a two-bedroom annexe, presenting an excellent opportunity for additional living space or rental income. Set against picturesque countryside views, this property combines traditional charm with substantial renovation potential. The internal layout includes various adaptable spaces such as a cellar and multiple reception rooms that could be tailored to contemporary needs. With adequate parking for several vehicles and proximity to local amenities and schools, this property represents not just a home but an investment in character and community.

Investment Analysis

(NP7 area)

Below Market Value

This property is priced -37.7% below area average per sq ft

-37.7%
Potential saving
This Property
£188/sq ft
Area Average
£301/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,570,173
10% above area average per sq ft
Potential ROI
+55.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NP7)

Area prices are falling by +5.3% over the last 12 months
3 year growth: 0.3%
5 year growth: 22.3%
Investment Disclaimer: Analysis based on NP7 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

Penyard House, Grosmont, NP7
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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
£3,260
Based on a loan of £667,500 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