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The Lodge, Avenue Road, Ellingham, Northumberland - Image 1
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The Lodge, Avenue Road, Ellingham, Northumberland

North East

£299,950
Listed on 15/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1961 sqft

Description

This Grade II listed stone Lodge presents a compelling investment opportunity, featuring a spacious four-bedroom bungalow extension and positioned on approximately 0.3 acres of land with expansive views over the surrounding countryside. While the property requires updating and modernization, it boasts a unique charm that can be enhanced with thoughtful renovations. The original lodge, characterized by its stone construction and notable features such as three arch windows and a solid fuel stove, sets a distinctive tone for the home. The well-proportioned bungalow extension includes a large sitting room that opens onto the garden, alongside a modern kitchen installed within the last five years. Additional elements enhance its appeal, including planning permission for a detached garage and ample driveway parking. The property benefits from private water supply and solid fuel heating but has potential for conversion to gas heating if desired. With a history in the same family for over three decades, this Lodge not only offers generous living space but also stands as an opportunity to capitalize on its listed status while creating a comfortable family home or rental property in this attractive area close to village amenities and transport links.

Investment Analysis

(NE67 area)

Below Market Value

This property is priced -56.4% below area average per sq ft

-56.4%
Potential saving
This Property
£153/sq ft
Area Average
£351/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£756,279
10% above area average per sq ft
Potential ROI
+110.1%
After renovation
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
33%
Properties sold annually

Local Market Trend (NE67)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +3.7%
5 year growth: +23.2%
Investment Disclaimer: Analysis based on NE67 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

The Lodge, Avenue Road, Ellingham, Northumberland
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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
£1,082
Based on a loan of £224,962 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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