
North East
£350,000
Listed on 30/09/2026
Listed on 30/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
Faraday Cottage stands out for its 17th-century character: stone construction, exposed beams, fireplaces and flagstone floors give the dated but usable interiors a distinctive starting point. The asking price is 5.4% below the local £/sqf average, which is a positive, though the overall opportunity is still graded D: the estimated light works of £5,000–£13,000 leave only a 3.1% margin against the implied current local average value before fees, and that is not a renovated-value estimate.
There is scope to refresh the finishes and review the extensive garden, while keeping the house’s historic features. The detached garage, generous plot and suggested space for a shepherd’s hut add interest, although any such use would need feasibility and permissions checked.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
Pricing
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