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North East
£650,000Guide Price
Listed on 24/09/2026
Listed on 24/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
Trenholme Farm presents a remarkable opportunity for buyers seeking a substantial renovation project at an attractively low asking price of £550,000, which is significantly below the local average at just £157/sqf versus £264/sqf. This price point allows for considerable value creation potential, especially with the expansive 22.30 acres of land and the scope to develop a circa 3500 sq. ft. residence. With a mix of traditional brick buildings and agricultural structures, there’s ample opportunity to reimagine this property as a unique country home that capitalises on its scenic views of the North York Moors.
However, the property is in a poor state of disrepair and will require extensive renovation. The overall condition of the farmhouse and surrounding buildings indicates that this will be a heavy project, necessitating a budget between £150,000 and £300,000. Buyers should be prepared for a full-gut programme, as the interiors are stripped and in need of complete refurbishment. Despite the challenges, the potential to create a stunning rural residence makes this property an exciting prospect for those willing to take on the task.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
Pricing
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