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Railway Cottages, Mill Lane, Pickering, North Yorkshire

Yorkshire

£160,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Cottage

Description

This detached cottage, steeped in history and dating back to 1834, sits on a generous plot in the desirable Mill Lane area of Pickering. Currently requiring comprehensive renovation, this property represents a unique opportunity for developers and investors alike to breathe new life into a character home. The layout includes a spacious lounge with an open fire, a kitchen that can be reimagined, and two to three flexible bedrooms, allowing for customization to fit modern living needs. The exterior is equally compelling; featuring ample driveway space leading to three garages, along with a substantial rear garden of approximately one-third of an acre that has significant potential for landscaping or even extension (subject to planning permissions). This project invites those with a vision to refurbish and upgrade the property according to their personal preferences while capitalizing on its prime location near local amenities. With its rich character and development potential, this cottage could be transformed into a remarkable home after thoughtful renovation.

Investment Analysis

(YO18 area)
Area Average
£291/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (YO18)

Area prices are falling by -3.3% over the last 12 months
3 year growth: +10.1%
5 year growth: +13.3%
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

Railway Cottages, Mill Lane, Pickering, North Yorkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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

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