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Ellingham, Chathill

North East

£450,000
Listed on 21/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1535 sqft

Description

This distinctive detached home in the picturesque village of Ellingham offers a unique opportunity for renovation and investment. Comprised of a spacious main house and a separate self-contained studio annex, the property boasts character features such as exposed wood beams and inglenook fireplaces, while also offering significant potential for modernization or adaptation to suit various needs. The main residence includes generous reception areas, a dining kitchen with ample space for cooking and socializing, and a charming south-facing sun room that opens onto the private garden. Upstairs, there are two well-sized double bedrooms, one featuring an ensuite with a freestanding roll-top bath, ideal for creating a tranquil retreat. The annex presents versatile options for use; whether as artist studios, home offices, or independent living quarters for guests or family members. It comes complete with its own kitchenette and en-suite shower room, along with stunning countryside views from its south-facing veranda. With parking available on-site and scope to develop the garage area into additional accommodation (subject to necessary consents), this property is perfectly situated to take advantage of Northumberland's coastal attractions, making it an excellent candidate for holiday letting or multi-generational living. Overall, this property holds substantial potential for those looking to invest in a character-filled home with room for improvement.

Investment Analysis

(NE67 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£293/sq ft
Area Average
£351/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£591,988
10% above area average per sq ft
Potential ROI
+18.4%
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
33%
Properties sold annually

Local Market Trend (NE67)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +3.7%
5 year growth: +23.2%
Investment Disclaimer: Analysis based on NE67 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

Ellingham, Chathill
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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
£1,623
Based on a loan of £337,500 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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