Fourstones, Northumberland, NE47
North East
£150,000
Listed on 15/10/2026
Listed on 15/10/2026
The listing
Property details
Bedrooms
3Type
PlotFeatures
- Garden
- Parking
Description
A freehold village-centre plot with full planning permission for a detached, single-storey bungalow of approximately 1,272 sq ft. The approved design provides a living room, separate dining room, kitchen, three bedrooms and two bathrooms, including an en-suite. The site is screened by established planting and the plans include garden space and private off-street parking. Mains electricity and drainage are understood to be nearby, although buyers should confirm connection locations and costs. The plot occupies the former car park behind The Railway Inn, which is closed and is due to be refurbished and converted into two semi-detached homes. The land is offered with vacant possession.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
54out of 100
Grade DWeak opportunity
Confidence: LOW
At £150,000, the plot is priced well below the local average per square foot for the proposed build, making it an attractive acquisition opportunity. Full planning permission is stated to be in place for a 1,272 sq ft detached bungalow, and the established planting offers some privacy. This is a build project rather than a renovation: the photo shows an undeveloped plot, not a completed home, and the site’s readiness and service connections need checking.
The permission, layout and build costs should be verified before committing. The overall score is held back by limited information on project economics and elevated risk, despite the strong price comparison and sound property fundamentals.
Key opportunities
- Create the planned 1,272 sq ft single-storey home, with separate living and dining rooms, three bedrooms and two bathrooms.
- Shape the garden and private off-street parking around the established trees and shrubs, retaining useful screening where practical.
- Acquire at a price well below the local average per square foot for the proposed home.
Key risks
- An undeveloped plot requires a full build programme and budget, not a cosmetic refresh; the photograph does not establish build readiness.
- Confirm the planning permission, its conditions and implementation requirements, and establish the location and cost of connecting mains services.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£567
Based on a loan of £112,500 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.
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This calculation uses non-residential (land/commercial) tax rates.
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