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Mill House, Ebchester

North East

£350,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This stone-built detached residence presents a unique opportunity for those looking to invest in a renovation project within the attractive village of Ebchester. Nestled on a tranquil lane free from through traffic, the property is set on generous grounds and offers outstanding potential for redevelopment into a bespoke family home. With its rich history as the Old Mill, this dwelling retains significant character while requiring comprehensive refurbishment throughout. The current layout includes an entrance hall, a spacious dining room, a living room with an open fire ready for conversion into a log burner, a kitchen, and a sunroom extension that adds valuable space to the ground floor. Upstairs, you will find three sizable double bedrooms, along with a bathroom and separate W.C., providing ample accommodation. Notably, the loft space is already floored and could be converted (subject to local planning permission), which enhances the property's versatility. Externally, the expansive garden is primed for landscaping or outdoor entertainment, making it perfect for families or social gatherings. Off-street parking is available via the forecourt leading to a double garage and adjoining coal house that can serve as additional storage or workshop space. The home benefits from some modern improvements such as Everest double glazing and an installed sewerage treatment plant. The property also enjoys proximity to scenic walks along the River Derwent while being part of a community-oriented village boasting essential amenities like schools and shops. This is an exceptional chance for buyers seeking a rewarding renovation project in an idyllic rural setting—creating lasting value through thoughtful design while maintaining the essence of this charming location.

Investment Analysis

(DH8 area)
Area Average
£158/sq ft
Avg Rent (weekly)
£173
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DH8)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +14.1%
5 year growth: +23.0%
Investment Disclaimer: Analysis based on DH8 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

Mill House, Ebchester
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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
£1,240
Based on a loan of £262,500 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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