Worst House on the Street Logo
Milfield, Wooler, Northumberland, NE71 - Image 1
Milfield, Wooler, Northumberland, NE71 - Image 2
Milfield, Wooler, Northumberland, NE71 - Image 3
Milfield, Wooler, Northumberland, NE71 - Image 4
Milfield, Wooler, Northumberland, NE71 - Image 5
Milfield, Wooler, Northumberland, NE71 - Image 6
Milfield, Wooler, Northumberland, NE71 - Image 7
Milfield, Wooler, Northumberland, NE71 - Image 8
Milfield, Wooler, Northumberland, NE71 - Image 9
Milfield, Wooler, Northumberland, NE71 - Image 10
Milfield, Wooler, Northumberland, NE71 - Image 11
Milfield, Wooler, Northumberland, NE71 - Image 12

Milfield, Wooler, Northumberland, NE71

North East

£225,000

Listed on 21/05/2026

Property Details

Bedrooms
9
Type
Detached
Area
748 sqft

Description

This property presents a unique opportunity for development in a picturesque rural setting in Northumberland. Comprising three separate cottages, each with three bedrooms, a living room, kitchen, and bathroom, the potential for renovation is substantial. Buyers can explore various options such as refurbishing each cottage individually or combining them into one larger residence. The cottages feature front and rear gardens along with an outdoor wood shed, adding to their charm and investment appeal. Located just a short drive from Wooler, which offers essential amenities including shops and restaurants, this property is well-positioned for those looking to create a desirable living space in a tranquil area. With private drainage, mains electricity, and private water supply already in place, the groundwork for modern living is established.

Investment Analysis

(NE71 area)

Above Market Value

This property is priced +36.9% above area average per sq ft

+36.9%
This Property
£301/sq ft
Area Average
£220/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£180,851
10% above area average per sq ft
Potential ROI
-47.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NE71)

Area prices are falling by -8.0% over the last 12 months
3 year growth: -13.4%
5 year growth: +0.7%
Investment Disclaimer: Analysis based on NE71 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

Milfield, Wooler, Northumberland, NE71
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£803
Based on a loan of £168,750 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.