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Hill House, Picton, Yarm

North East

£1,150,000
Listed on 08/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1801 sqft

Description

Set within a picturesque rural setting close to the hamlet of Picton, this mixed-use farm presents an appealing opportunity for those seeking a renovation project with investment potential. The property spans approximately 36 acres and features a sizable brick farmhouse that, while in need of modernization, holds considerable promise for redevelopment. With its south-facing position, the farmhouse offers scenic views of the surrounding countryside, along with an established lawned garden. The estate is complemented by a range of versatile farm buildings that include a cattle yard, Dutch barn, and grain store. These structures are well-suited for various agricultural uses or could be repurposed to enhance the property’s potential. The land itself consists of productive Grade 3 clay loam soil and is divided into four practical fields that encircle the steading area, making it ideal for both arable farming and livestock rearing. In addition to the main lot, a secondary parcel comprising approximately 39.92 acres includes permanent pasture along with arable land. This lot features a large wildlife pond that is well-stocked with fish and provides an attractive natural habitat. Furthermore, this area contains sections of redundant former brickworks that might present unique opportunities for creative redevelopment. Strategically located near key market towns such as Yarm and Stokesley, as well as being within reach of larger urban centers like Teesside and York, this property not only promises an idyllic rural lifestyle but also substantial investment potential. Whether you are looking to establish a working farm or explore alternative uses for the land and buildings, this property stands out as a significant opportunity in a sought-after location.

Investment Analysis

(TS15 area)

Above Market Value

This property is priced +146.4% above area average per sq ft

+146.4%
This Property
£639/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£513,402
10% above area average per sq ft
Potential ROI
-57.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TS15)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 3.9%
5 year growth: 17.6%
Investment Disclaimer: Analysis based on TS15 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

Hill House, Picton, Yarm
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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
£4,213
Based on a loan of £862,500 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