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House, Newton-on-Rawcliffe, North Yorkshire

Yorkshire

£1,350,000
Listed on 11/03/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This exceptional property comprises a spacious seven-bedroom detached house alongside four fully licensed holiday cottages, situated on a generous 2.1-acre plot in the picturesque town of Pickering. Originally built in the 1880s, this residence boasts both historical charm and modern conveniences. The main home encompasses approximately 4,635 sq ft and features six well-proportioned bedrooms, with an option to convert the games room into a seventh bedroom, subject to necessary planning approvals. The interior combines classic period details with contemporary upgrades, offering an inviting living space that can easily be adapted to meet personal preferences. The leisure suite is a standout feature, complete with a pool, hot tub, and sauna—ideal for relaxation or entertaining guests. The four holiday cottages are finished to an excellent standard and come with existing residential planning permission, making them suitable for various uses whether as commercial rentals or private dwellings. A fifth cottage is under construction, indicating further potential for income generation. Additionally, there is outline planning approval for the development of log cabins on the property, enhancing its investment prospects even further. The grounds feature stables and recreational facilities such as an outdoor games area which could accommodate additional development projects if desired. With current RHI payments from solar panels and biomass systems generating approximately £15,000 annually, Mel House represents not only a wonderful family home but also a substantial investment opportunity ideal for those looking to capitalize on its unique offerings in today’s market.

Investment Analysis

(YO18 area)
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (YO18)

Area prices are falling by -5.9% over the last 12 months
3 year growth: +10.8%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on YO18 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

House, Newton-on-Rawcliffe, North Yorkshire
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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
£4,869
Based on a loan of £1,012,500 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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