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Glebe Farm, Development Opportunity, Welbury, Northallerton

North East

£425,000
Listed on 27/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for those looking to invest in a versatile renovation project. Comprising a series of agricultural structures, the site has secured Class Q planning permission for the conversion into four residential units, encompassing a total of 6,909 square feet of potential living space. Located in close proximity to the desirable village of Welbury, this site offers convenient access to major transport routes, facilitating easy commutes to Northallerton, Darlington, Yarm, and the A19. The surrounding area is characterized by its picturesque countryside and community spirit, making it an attractive location for future residents. In addition to the main buildings, there is also the option to acquire an adjacent 2-acre paddock through separate negotiation. This additional land could enhance the property's value or serve various agricultural purposes. With approximately 0.59 acres available within the current boundaries, this site offers ample room for development while allowing for creative design possibilities. Whether you're looking to realize your vision for residential living or seeking a solid investment opportunity in a sought-after location, this property is worth considering.

Investment Analysis

(DL6 area)
Area Average
£260/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DL6)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 3.0%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on DL6 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

Glebe Farm, Development Opportunity, Welbury, Northallerton
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 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