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Hopefoot Cottage, Otterburn, Newcastle Upon Tyne, NE19 - Image 1
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Hopefoot Cottage, Otterburn, Newcastle Upon Tyne, NE19

North East

£185,000
Listed on 31/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1915 sqft

Description

This end-of-terrace four-bedroom, two-bathroom house offers a unique opportunity for renovation in a picturesque rural setting just outside Otterburn. While the property requires updating, it functions as a blank canvas, allowing new owners to infuse their personal style and improvements throughout. Spanning approximately 1,916 square feet across three storeys, the house features spacious living areas with potential for expansion. The ground floor includes a well-lit sitting room with dual aspects and a wood-burning stove connected to the hot water system. The dining room opens onto a conservatory that overlooks the rear garden, creating an inviting space for relaxation and entertaining. The kitchen is equipped with essential appliances including a Rayburn, electric hob and oven, and ample preparation space provided by two islands. Adjacent to the kitchen is access to both the garage and outdoor spaces. On the first floor, you will find the master bedroom complete with an en-suite shower room, along with two additional double bedrooms and a family bathroom. A staircase leads to the second floor where the fourth bedroom is currently utilized as a study; this area also provides access to valuable attic space. Externally, Hopefoot Cottage features an enclosed front garden divided between vegetable patches and an area once used as a chicken run. The rear gardens include various outbuildings offering versatile storage solutions, including timber and breeze block sheds as well as a carport adjacent to the garage. Garden enthusiasts will appreciate the greenhouse and polytunnel available for year-round cultivation. Located in Northumberland National Park, this home benefits from its proximity to Otterburn—a village recognized for its breathtaking scenery and serene lifestyle while still being conveniently accessible via major roads. Local amenities include shops, cafes, churches, and notable country hotels such as Otterburn Castle. Despite its tranquil setting amidst rolling hills and woodlands, Otterburn’s accessibility to larger towns like Hexham and Morpeth makes it an ideal location for those seeking both retreat and community life. This property presents significant investment potential through thoughtful renovation that can enhance both its aesthetic appeal and market value in this sought-after area.

Investment Analysis

(NE19 area)

Below Market Value

This property is priced -58.6% below area average per sq ft

-58.6%
Potential saving
This Property
£97/sq ft
Area Average
£234/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£491,868
10% above area average per sq ft
Potential ROI
+100.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NE19)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -25.3%
5 year growth: -3.3%
Investment Disclaimer: Analysis based on NE19 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

Hopefoot Cottage, Otterburn, Newcastle Upon Tyne, NE19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£678
Based on a loan of £138,750 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