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Winston, Richmond, County Durham, DL11

North East

£2,300,000
Listed on 29/12/2025

Property Details

Bedrooms
8
Type
Detached house

Description

This property encompasses a unique portfolio of four stone-fronted cottages, including two three-bedroom semi-detached bungalows and two one-bedroom semi-detached bungalows. Beyond these residential units, the estate offers a variety of outbuildings, stables, and traditional stone barns that present excellent development opportunities. The entire site, spanning approximately 74.15 acres, is set in an idyllic rural landscape, rich with potential for renovation or expansion into various ventures such as holiday accommodations or residential units. The existing holiday cottages are currently utilized for vacation rentals but could easily be repurposed into private residences or modified for long-term rental agreements. Each bungalow boasts its own garden space and parking facilities, making them ideal candidates for further enhancement. Additionally, the stone barns exude character and could be converted into charming accommodations or commercial spaces pending appropriate planning approvals. While previous planning permissions have lapsed, there remains significant potential to unlock their value through creative redevelopment. The broader estate features a mix of agricultural land and natural beauty, including fertile fields and woodland areas with possibilities for sporting activities. Those interested in diversification will find numerous avenues to explore, from creating glamping sites to establishing equestrian facilities. With thoughtful investment and renovations, this property can transform into a lucrative venture in this sought-after region.

Investment Analysis

(DL11 area)
Area Average
£287/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
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

Winston, Richmond, County Durham, DL11
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£8,295
Based on a loan of £1,725,000 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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