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Southside, Butterknowle, Bishop Auckland, County Durham, DL13

North East

£575,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Smallholding

Description

Nestled on the outskirts of Butterknowle village near South Side, High Bank Farm presents a compelling opportunity for those looking to invest in a three-bedroom farmhouse complemented by a range of stone barns and extensive grounds covering approximately 16.02 hectares (39.57 acres). This property offers exceptional potential for renovation, whether you envision transforming the current farmhouse into a modern family home or repurposing the diverse outbuilding spaces into studios, workshops, or even rental accommodations. The farmhouse retains period charm with original features such as flagged floors and beamed ceilings throughout its two-storey layout. The substantial kitchen/dining area, with its inglenook fireplace and ample space for dining, could benefit from modern updates to enhance both functionality and aesthetic appeal. The adjoining utility room and spacious reception areas lend themselves well to reconfiguration if desired. Upstairs reveals three double bedrooms, including a principal suite with en suite facilities. The family bathroom is generous in size and could be redesigned to reflect contemporary standards. Beyond the farmhouse, the surrounding gardens and mature landscaping provide an attractive setting ripe for enhancement. The various stone outbuildings feature essential utilities like electricity and water supply, making them ideal candidates for conversion into guest lodgings or functional creative spaces. Given that this property is located within a rural yet accessible region of the North East, it holds strong potential for both personal enjoyment and investment development. Overall, High Bank Farm stands as not just a residence but as an inviting canvas for those seeking to make their mark through renovation.

Investment Analysis

(DL13 area)
Area Average
£188/sq ft
Avg Rent (weekly)
£160
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by -8.4% over the last 12 months
3 year growth: -10.5%
5 year growth: -9.2%
Investment Disclaimer: Analysis based on DL13 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

Southside, Butterknowle, Bishop Auckland, County Durham, DL13
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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
£2,172
Based on a loan of £431,250 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.

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