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The Park Farm, Allendale, Hexham, Northumberland, NE47 - Image 1
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The Park Farm, Allendale, Hexham, Northumberland, NE47

North East

£850,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3457 sqft

Description

This upland farm presents a unique opportunity for those looking to invest in a versatile property with significant potential. Comprising a Grade II listed 4-bedroom farmhouse, a mix of traditional and modern agricultural buildings, and approximately 96.85 acres of productive land, this estate is ripe for renovation and diversification. The farmhouse features spacious rooms with high ceilings that could be modernized to enhance family living spaces, while the adjoining barn offers further development possibilities for additional accommodation or holiday rentals, subject to necessary permissions. With its scenic location in the East Allen Valley and proximity to Allendale, this property appeals not only to agricultural interests but also to lifestyle buyers seeking tranquility and natural beauty. The surrounding land is divided into pasture and meadowland suitable for livestock grazing, offering potential for agricultural income or alternative uses such as eco-tourism or recreational activities. Overall, this property stands out as a long-term investment opportunity with ample scope for enhancement and improvement.

Investment Analysis

(NE47 area)

Above Market Value

This property is priced +8.4% above area average per sq ft

+8.4%
This Property
£246/sq ft
Area Average
£227/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£862,833
10% above area average per sq ft
Potential ROI
-13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NE47)

Area prices are falling by +20.2% over the last 12 months
3 year growth: -7.9%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on NE47 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 Park Farm, Allendale, Hexham, Northumberland, NE47
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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
£3,114
Based on a loan of £637,500 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