
North East
£385,000
Listed on 03/10/2026
Listed on 03/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
Gate Farm House is a characterful 1746 farmhouse with exposed beams, a sandstone fireplace, timber panelling and a substantial stone barn. The photographed living spaces appear usable, while the traditional kitchen and bathroom finishes leave scope for a light cosmetic update; the mature garden and cobbled courtyard offer further presentation potential. The stated renovation range is £5,000–£13,000. The barn’s previous annexe-conversion permission could add another angle, subject to checking current consent and feasibility.
At 54/100, this is a weaker overall opportunity rather than a clear value-led buy. Floor area is missing, so value against local £/sqf cannot yet be judged; the available figures also do not establish the property’s residual value after works. The roof coverings show some weathering and moss, though no obvious major failure is visible in the available views.
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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.
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