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The Former Smallways Inn

North East

£295,000

Listed on 23/01/2026

Property Details

Bedrooms
N/A
Type
Farm House

Description

This property offers a unique refurbishment opportunity with full planning consent already in place to transform a former pub into four distinct dwelling units. Investors and developers will appreciate the potential to create two charming cottages and two spacious houses, or alternatively, combine the existing spaces to form a single expansive residence. One of the cottages is already move-in ready, allowing for immediate rental income while you navigate the renovations on the remaining properties. The site includes a variety of configurations, featuring a one-bedroom bungalow and two-storey homes with two and three bedrooms, providing flexibility in design and use.

Investment Analysis

(DL11 area)
Area Average
£290/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
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

The Former Smallways Inn
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Mortgage Calculator

£
£
£
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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%)
21/03/2026
Current price
£360,000Initial listing
22/01/2026

Next Steps

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