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Wellgate, Scotby

North East

£550,000
Listed on 05/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2735 sqft

Description

This spacious detached home sits on a generous plot within a sought-after small development in the charming village of Scotby. It is conveniently located just a short walk from local amenities such as a shop, pub, and primary school. The property features an entrance vestibule, W.C., and internal access to various living spaces including a sizable living room and dining room, along with a kitchen that presents an opportunity for modern updates to suit contemporary preferences. A utility room connects seamlessly to a garden room leading out to the expansive rear garden, which is ideal for outdoor activities or potential landscaping enhancements. Upstairs, you'll find four well-proportioned double bedrooms including one with en-suite facilities. The family bathroom offers both bathing and shower options, while an additional adjacent bathroom provides flexibility for guests or family members. With double glazing and gas central heating already in place, this property is set for comfortable living but could greatly benefit from some modernization in key areas. The attached garage and ample driveway parking add further value to this investment opportunity, especially given its location near major transport links and recreational attractions such as the stunning Lake District.

Investment Analysis

(CA4 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£201/sq ft
Area Average
£241/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£724,447
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (CA4)

Area prices are rising by +5.9% over the last 12 months
3 year growth: -1.5%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on CA4 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

Wellgate, Scotby
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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
£1,962
Based on a loan of £412,500 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.

Stamp Duty Calculator

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