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Sparty Lea Farm, Sparty Lea, Hexham, Northumberland

North East

£725,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
2769 sqft

Description

Nestled in the picturesque West Allen Valley, this historic property, Sparty Lea Farmhouse, offers a unique blend of traditional charm and modern convenience. The main farmhouse has undergone thoughtful renovations, featuring a newly added dining room that opens to the outside via French doors, an updated kitchen equipped with modern appliances, and inviting sitting rooms accentuated by original inglenook fireplaces. The upper floor comprises three well-proportioned bedrooms that provide stunning views of the surrounding countryside and a contemporary shower room. The extensive grounds encompass approximately 10.5 acres of pastoral land leading to the River East Allen, complete with fishing rights. This property presents exceptional investment potential with existing planning permission for the conversion of a substantial Grade II listed barn into a two-bedroom dwelling; substantial structural work has already been completed, including new floors and beams while retaining its architectural heritage. Recent external improvements include updated drainage systems and a fully repointed exterior, paving the way for significant value addition through further internal customization. Additional outbuildings such as a stone barn offer versatile usage options while ample parking facilities enhance accessibility for visitors or commercial activities. Located within an Area of Outstanding Natural Beauty, surrounded by rich wildlife and outdoor activities, Sparty Lea Farmhouse is not only a residence but also an investment opportunity worthy of consideration.

Investment Analysis

(NE47 area)

Above Market Value

This property is priced +8.8% above area average per sq ft

+8.8%
This Property
£262/sq ft
Area Average
£241/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£733,148
10% above area average per sq ft
Potential ROI
-8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NE47)

Area prices are falling by -6.7% over the last 12 months
3 year growth: +3.5%
5 year growth: +10.5%
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

Sparty Lea Farm, Sparty Lea, Hexham, Northumberland
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,587
Based on a loan of £543,750 over 30 years at 3.97% 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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