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Hutton Magna, Richmond, Durham, DL11 - Image 1
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Hutton Magna, Richmond, Durham, DL11

North East

£1,295,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
5463 sqft

Description

Rokeby Close Farm is a spacious stone farmhouse that spans over 3,800 sq ft and presents a unique opportunity for renovation and investment. While the property has been beautifully modernized, there remains potential for further enhancements that can elevate its value. The inviting reception hall features modern panoramic glazing and parquet flooring, setting an elegant tone upon entry. The dining room showcases traditional painted beams and a cozy wood-burning stove, while the south-facing sunroom offers versatile use throughout the year, perfect for entertaining or family gatherings. The open-plan kitchen/living area effortlessly combines functionality with a warm atmosphere, complete with a central fireplace and exposed stonework. Designed for family living, it includes quality fixtures such as bespoke cabinetry and a Falcon range cooker. Additionally, the property contains a utility room for added convenience. The drawing room benefits from its triple-aspect views of the countryside and includes another log-burning stove, enhancing its appeal. The gym area is complemented by a sauna and shower room, providing an at-home wellness retreat. Upstairs accommodates four generously sized double bedrooms, each with en-suite facilities—an attractive feature for guests or as part of a potential bed-and-breakfast setup. The principal suite boasts an opulent en-suite bathroom which could be revamped to reflect current design trends. Set on picturesque grounds with gardens that lead to a spring-fed lake spanning approximately 3 acres—ideal for both leisure and potential wildlife conservation initiatives—the land presents opportunities for landscaping or outdoor activities. Furthermore, an adjacent barn alongside a small paddock opens up possibilities for equestrian pursuits or additional development (subject to planning permissions). With utilities in place and located close to local towns while embracing rural serenity, Rokeby Close Farm stands as an enticing proposition not just as a residence but as an investment ripe for enhancement in value.

Investment Analysis

(DL11 area)

Below Market Value

This property is priced -17.4% below area average per sq ft

-17.4%
Potential saving
This Property
£237/sq ft
Area Average
£287/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,725,570
10% above area average per sq ft
Potential ROI
+11.7%
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

Hutton Magna, Richmond, Durham, DL11
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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
£4,671
Based on a loan of £971,250 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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