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South Otterington, Northallerton, North Yorkshire, DL7 9HD - Image 1
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South Otterington, Northallerton, North Yorkshire, DL7 9HD

North East

£700,000

Listed on 24/05/2026

Property Details

Bedrooms
4
Type
Plot

Description

This property presents a compelling opportunity for residential development in the charming village of South Otterington. With approved planning permission for two distinct dwellings, this site is primed for investment. The permissions include full reserved matters, allowing for the immediate commencement of construction on a picturesque grass paddock adorned with mature trees, located within a Conservation Area. The first plot, known as Meadow View, is designated for a generously sized detached house, while the second plot, Meadow House, allows for an impressive five-bedroom detached residence. Spanning approximately 1.95 acres, the land benefits from a tranquil setting and clear delineation of building sites, with pre-commencement conditions already discharged. This makes it a practical choice for developers or investors looking to capitalize on the area's potential growth in housing.

Investment Analysis

(DL7 area)
Area Average
£267/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DL7)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -3.8%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on DL7 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

South Otterington, Northallerton, North Yorkshire, DL7 9HD
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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
£2,497
Based on a loan of £525,000 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

This calculation uses non-residential (land/commercial) tax rates.

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