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Demesne Farm, Gunnerton, Hexham, Northumberland, NE48 - Image 1
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Demesne Farm, Gunnerton, Hexham, Northumberland, NE48

North East

£550,000
Listed on 17/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

Located on the outskirts of Gunnerton in Northumberland, Demesne Farm offers a unique opportunity for those seeking to invest in property with significant renovation potential. The farmhouse features traditional stone outbuildings at both ends, which hold planning permission for conversion into separate dwellings. This setup presents a chance for creative homeowners to transform these structures into a remarkable single residence with expansive views across farmland to the west and their own grounds to the south. Additionally, the northern buildings have received planning consents for further housing developments, offering even more versatility for storage or business-related uses. The main farmhouse consists of four bedrooms and is centrally positioned within approximately 3.5 acres, which also includes a paddock. A private access track leads from the public road, enhancing the property's appeal as both a weekend retreat or full-time residence with ample outdoor space. Recent planning permissions allow for exciting redevelopment opportunities that any forward-thinking investor would find attractive.

Investment Analysis

(NE48 area)
Area Average
£224/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (NE48)

Area prices are rising by +17.3% over the last 12 months
3 year growth: +4.4%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on NE48 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

Demesne Farm, Gunnerton, Hexham, Northumberland, NE48
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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
£1,984
Based on a loan of £412,500 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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