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Thorpe Bassett, Malton

Yorkshire

£950,000
Listed on 24/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2905 sqft

Description

This property represents a compelling investment opportunity featuring a historic farmhouse and adjacent land located in a picturesque rural village near Malton. Lilac House, dating back to the mid-18th century with an addition from the 1970s, is available for sale for the first time in over seven decades. The house boasts notable architectural features, including original staircases, fireplaces, sash windows, and a functional cellar. The accommodation includes multiple reception rooms, a spacious kitchen/dining area equipped with an oil-fired AGA, four double bedrooms plus attic spaces that could be transformed into additional living areas with the right approvals. Beyond the main residence lies an array of outbuildings and stables which hold significant conversion potential, as planning permissions are already granted for transforming these structures into up to four separate dwellings. This opens doors for bespoke residential development in the highly desired Yorkshire Wolds area. The expansive plot offers ample outdoor space with carefully landscaped gardens and further agricultural buildings spanning approximately 2.15 acres. The surrounding village presents community conveniences such as local shops and schools while maintaining tranquil countryside charm. Ideally situated for quick access to major roadways connecting to York, Scarborough, and Leeds, this property is perfect for those looking to create something unique within an attractive setting.

Investment Analysis

(YO17 area)

Above Market Value

This property is priced +20.1% above area average per sq ft

+20.1%
This Property
£327/sq ft
Area Average
£272/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£870,454
10% above area average per sq ft
Potential ROI
-27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (YO17)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -6.6%
5 year growth: +9.7%
Investment Disclaimer: Analysis based on YO17 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

Thorpe Bassett, Malton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,426
Based on a loan of £712,500 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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