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Manor Road, Medomsley

North East

£250,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached three-bedroom home, nestled on a spacious plot in the charming village of Medomsley, presents an outstanding investment and development opportunity. Boasting breathtaking views of the surrounding countryside, this property is currently in need of comprehensive refurbishment, which allows for significant creative potential to tailor it into a unique family residence. The existing layout includes an entrance hall that leads to a cozy lounge with a fireplace, a galley kitchen overlooking the parking area, and a dining room equipped with another fireplace and front-facing windows. Conveniently, there is also a downstairs WC. On the upper level, you will find three generously sized bedrooms along with a bathroom and a separate WC. Notably, pre-planning permission has been secured for both a single-story extension and loft conversion, paving the way for transforming this space into an impressive five-bedroom detached house that will greatly elevate its living area and market value. Furthermore, the plans propose the addition of a detached outbuilding that could serve multiple purposes—be it as a garage, home gym, or garden room—enhancing the appeal of outdoor living within this ample garden space. Located in the peaceful and sought-after locale of Medomsley, this property offers an exceptional chance to create a substantial family home in an enviable position. Early viewing is advisable to appreciate fully the considerable potential available.

Investment Analysis

(DH8 area)
Area Average
£161/sq ft
Avg Rent (weekly)
£169
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (DH8)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +10.4%
5 year growth: +14.2%
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

Manor Road, Medomsley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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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