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Wooley, Allendale, Northumberland, NE47

North East

£250,000
Listed on 02/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
818 sqft

Description

Perched on a charming elevated plot, this spacious detached cottage offers two bedrooms and stunning views from various windows. The property features an attached stone byre with a hayloft overhead, alongside an additional separate byre, both of which present opportunities for expanding living space pending necessary permissions. A timber garage and an old stone outhouse, which will require attention, further enhance the property's potential. While the interiors are in need of refurbishment, the home does benefit from double glazing and an LPG central heating system. Nestled in a tranquil rural setting, this property is ideal for those looking to invest in a renovation project aligned with country living. Internally, the layout includes a welcoming entrance hall leading into a generous living room showcasing beautiful views through its front window and featuring a traditional tiled fireplace with an open fire. The kitchen has fitted units but may require modernisation to meet contemporary standards. The bathroom is functional yet could benefit from updating. The first floor hosts two versatile bedrooms, one generously sized with attractive ceiling detailing and another more compact due to sloped ceilings. Outside offers ample parking space for multiple vehicles along with gardens that present opportunities for landscaping improvements.

Investment Analysis

(NE47 area)

Above Market Value

This property is priced +32.5% above area average per sq ft

+32.5%
This Property
£306/sq ft
Area Average
£231/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£207,494
10% above area average per sq ft
Potential ROI
-27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
88%
Properties sold annually

Local Market Trend (NE47)

Area prices are falling by -21.2% over the last 12 months
3 year growth: -8.8%
5 year growth: +2.5%
Investment Disclaimer: Analysis based on NE47 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

Wooley, Allendale, Northumberland, NE47
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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
£902
Based on a loan of £187,500 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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