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Smallways Conversions

North East

£295,000

Listed on 08/03/2026

Property Details

Bedrooms
4
Type
Country House

Description

This unique opportunity presents a former public house, now with full planning permission, poised for conversion into four distinct residential units. The site is situated in Newsham, Richmond, North Yorkshire, making it an attractive proposition for developers and builders looking to invest in the region's evolving housing market. The proposed scheme includes: - An existing cottage that is move-in ready. - Plot 1: A single-storey one-bedroom cottage (670 sqft). - Plot 2: Another single-storey one-bedroom cottage (880 sqft). - Plot 3: A two-storey two-bedroom house (1160 sqft). - Plot 4: A spacious three-bedroom two-storey house (1750 sqft). With planning consent already granted under Decision No ZD23/00684/Full, this project offers a clear pathway to realising its potential as both a development and investment opportunity in the North East area.

Investment Analysis

(DL11 area)
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (DL11)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -4.7%
5 year growth: +17.1%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,114
Based on a loan of £221,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

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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