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Wearhead, DL13 1DY

North East

£120,000

Listed on 09/06/2026

Property details

Bedrooms
3
Type
Detached
Area
1432 sqft

Description

Situated in the scenic North Pennines, a designated National Landscape, this three-bedroom detached stone cottage offers an exciting opportunity for renovation enthusiasts or investors. This property, presented with no onward chain, features a flexible layout suitable for family living or as a tranquil rural getaway. Inside, the cottage boasts two generously sized reception rooms that are ideal for entertaining guests or cozy evenings by the fire. Its traditional architectural elements highlight its character, while ample windows throughout fill the home with natural light, enhancing its welcoming ambiance. The property includes an integral garage accessible from both inside through the coal store and outside through an up-and-over door, which adds convenience and potential for development. The ground floor contains the reception rooms and kitchen, while upstairs you'll find three spacious bedrooms along with a bathroom. Outdoors, the South-facing front garden is enclosed by a charming dry-stone wall and requires some clearing but presents a valuable outdoor space that could be transformed into a lovely area for relaxation and gatherings under the sun. At the back of the property is a sizable single garage equipped with power and lighting, providing secure parking and additional storage or workshop potential. The garage features wooden-framed windows offering views towards both sides of the property. This cottage invites you to unlock its full potential as either a family residence or your dream countryside retreat.

Investment analysis

(DL13 area)

Below Market Value

This property is priced -55.3% below area average per sq ft

-55.3%
Potential saving
This Property
£84/sq ft
Area Average
£187/sq ft
Avg Rent (weekly)
£162
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£295,271
10% above area average per sq ft
Potential ROI
+84.5%
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
7%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -9.6%
5 year growth: -10.1%
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

Wearhead, DL13 1DY
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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
£453
Based on a loan of £90,000 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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