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Borrowby, Thirsk

Yorkshire

£385,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
2374 sqft

Description

Nestled within the picturesque Borrowby village green, this unique property comprises a historic chapel and a charming cottage, both offering significant renovation and development potential. Located just five miles from the bustling market town of Northallerton and with easy access to the A19, this site presents an excellent opportunity for investors or families looking to create their dream home or even establish a business. The chapel features striking twin arch wooden doors leading into an inviting entrance hall adorned with stone flooring. The main atrium boasts impressive feature windows, original un-stained pine flooring, and fitted church pews that highlight its character. Off to one side is a versatile room that can be adapted for various uses, adjoining a basic kitchen area. The adjoining cottage has retained its period charm but requires updating throughout. The ground floor hosts a cozy living room with an original open fireplace and an additional sitting room that benefits from lovely views. There’s also a functional kitchen complete with essential appliances but in need of modernisation to enhance its appeal. Upstairs, two well-proportioned bedrooms enjoy scenic countryside views but showcase dated interiors and fixtures that would benefit from refurbishment. The existing bathroom features outdated pastel suite fittings that require replacement. Outside, the property includes several outbuildings for storage needs alongside a manageable garden area with lawn space and vehicle access for parking. With oil-fired heating and good structural integrity, the property presents an appealing project for those willing to undertake renovations and capitalize on its location and potential.

Investment Analysis

(YO7 area)

Below Market Value

This property is priced -42.6% below area average per sq ft

-42.6%
Potential saving
This Property
£162/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£737,851
10% above area average per sq ft
Potential ROI
+62.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (YO7)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -1.3%
5 year growth: 7.0%
Investment Disclaimer: Analysis based on YO7 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

Borrowby, Thirsk
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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
£1,410
Based on a loan of £288,750 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