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Plot 5, Whashton Farm Development, Richmond - Image 1
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Plot 5, Whashton Farm Development, Richmond

North East

£330,000
Listed on 11/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2615 sqft

Description

This property presents a unique opportunity for investors or builders to create a traditional four-bedroom new build home in the picturesque village of Whashton. With approved planning permission for a spacious 2,615 sqft residence complete with a garage and ample garden space, the potential here is significant. The site offers stunning countryside views, making it an attractive prospect for family living or as a rental investment. Located just 4.3 miles from the market town of Richmond and easily accessible via major road networks including the A66 and A1(M), this location balances rural charm with convenient transport links. Nearby amenities include local shops, schools, and leisure facilities in Richmond, plus a primary school in Ravensworth that received an 'Ofsted Good' rating in 2022. Essential services such as mains water, electricity, and foul drainage are available for connection. Given the comprehensive planning documentation readily accessible through North Yorkshire Council's portal, this is an excellent chance for development.

Investment Analysis

(DL11 area)

Below Market Value

This property is priced -56.1% below area average per sq ft

-56.1%
Potential saving
This Property
£126/sq ft
Area Average
£287/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £160,000
Target Value
£825,987
10% above area average per sq ft
Potential ROI
+68.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (DL11)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -4.8%
5 year growth: +23.5%
Investment Disclaimer: Analysis based on DL11 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

Plot 5, Whashton Farm Development, Richmond
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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
£1,190
Based on a loan of £247,500 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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