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The Hayes, Newcastle Road, Corbridge, Northumberland - Image 1
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The Hayes, Newcastle Road, Corbridge, Northumberland

North East

£2,750,000
Listed on 30/12/2025

Property Details

Bedrooms
7
Type
Detached house
Area
6663 sqft

Description

This remarkable stone-built property, located discreetly within established woodland on the edge of Corbridge, presents an exceptional opportunity for renovation and investment. Originally constructed in the late 19th century, this substantial detached home embodies a combination of striking architectural features and expansive grounds, providing a unique canvas for modern transformation into a luxurious family residence. The private gated entrance leads through mature trees to reveal sweeping south-facing lawns that enhance its grandeur. The interior showcases original details such as high ceilings and large sash windows, yet requires thoughtful refurbishment to bring it up to contemporary standards. The reception areas are generous in size, offering multiple spaces for both formal entertaining and casual family activities. The kitchen retains traditional elements like an Aga oven but is ripe for modernization to create an open-plan layout that caters to today’s lifestyle needs. With numerous bedrooms spread across three floors, including what could be reimagined as an impressive principal suite on the second floor, there is considerable scope to enhance the living space. The grounds extend to approximately 7.6 acres and include various outbuildings such as Hayes Lodge, Stable Cottage, Bothy Cottage, and The Coach House, each with potential for refurbishment or conversion into additional living space or rental units. Furthermore, planning potential exists within the estate that may allow for future residential development—a significant factor for prospective buyers interested in long-term investment opportunities. Overall, this property not only allows for substantial personalisation through refurbishment but also stands as a promising investment due to its location and development possibilities.

Investment Analysis

(NE45 area)

Above Market Value

This property is priced +27.1% above area average per sq ft

+27.1%
This Property
£413/sq ft
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £350,000
Target Value
£2,379,824
10% above area average per sq ft
Potential ROI
-23.2%
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
39%
Properties sold annually

Local Market Trend (NE45)

Area prices are stable by +1.5% over the last 12 months
3 year growth: +1.5%
5 year growth: +24.3%
Investment Disclaimer: Analysis based on NE45 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 Hayes, Newcastle Road, Corbridge, Northumberland
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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
£9,918
Based on a loan of £2,062,500 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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