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Coates Barn, Carrshield, NE47 - Image 1
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Coates Barn, Carrshield, NE47

North East

£120,000
Listed on 16/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property offers a distinctive opportunity to own a traditional stone barn situated on the outskirts of the quaint village of Carrshield. With full planning permission already secured for its conversion into a single residential dwelling, this site is ripe for transformation into a unique countryside home or retreat that reflects your personal style. The existing structure consists of two traditional stone barns, each rich in character and charm, now poised for renovation. The approved design envisions a creative two-bedroom residence spread across two levels. The main barn will serve as the focal point of the home, with an expansive layout that maximizes natural light and spaciousness. A thoughtfully planned single-storey extension will enhance the living area while maintaining the integrity of the original architecture, seamlessly linking to the adjoining smaller barn. Located in Carrshield, residents will enjoy access to the serene beauty of the West Allen Valley and its surroundings in the North Pennines Area of Outstanding Natural Beauty. This location offers both tranquility and convenience; while nestled in peaceful countryside, it remains just 17 miles from Hexham—a historic market town equipped with various amenities including shops, pubs, and educational facilities. Nearby villages like Allendale and Nenthead further offer essential services for daily living. This property stands out not only as a canvas for creating a bespoke home but also presents significant investment potential. With its prime location amidst stunning landscapes and outdoor recreational opportunities, it is well-positioned to attract interest from future buyers or renters seeking an escape into nature. Overall, this project represents an excellent chance to blend historic charm with modern comfort in one of Northumberland's most appealing rural settings. Please note that there are no services currently connected to the property. Viewing is available strictly by appointment through YoungsRPS in Hexham.

Investment Analysis

(NE47 area)
Area Average
£227/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £180,000
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

Coates Barn, Carrshield, NE47
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 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