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Smallways Conversions

North East

£295,000
Listed on 08/03/2026

Property Details

Bedrooms
N/A
Type
Barn Conversion

Description

This property presents an excellent opportunity for developers and builders looking to take on a conversion project. Full planning permission is already in place, allowing for the transformation of the former Smallways Inn into four distinct residential units. Located in the tranquil area of Newsham, North Yorkshire, this project offers the potential to create a mix of single-storey cottages and multi-storey homes, catering to various market demands. Designed plans feature: a 670 sq ft one-bedroom cottage, an 880 sq ft one-bedroom cottage, a 1,160 sq ft two-bedroom house, and a spacious 1,750 sq ft three-bedroom house. This renovation has significant potential for profit in a desirable location.

Investment Analysis

(DL11 area)
Area Average
£286/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £180,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (DL11)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -5.0%
5 year growth: +21.7%
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

Smallways Conversions
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,045
Based on a loan of £221,250 over 30 years at 3.91% 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.

Price History

-18.1% since listed
£295,000£65,000(-18.1%)
22/03/2026
Current price
£360,000Initial listing
08/03/2026

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