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Peth Head, Wooler NE71

North East

£730,000
Listed on 18/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
1948 sqft

Description

This distinctive six-bedroom detached residence, Milburn Hall, presents an exceptional opportunity for renovation and development on the outskirts of Wooler. Originally built by the current owners, this property boasts a generous plot along with considerable space for potential improvements and adaptations. The extensive grounds encompass a charming fruit orchard and a tranquil stream, enhancing its appeal as an investment or family home. With four versatile reception rooms and a grand entrance hall showcasing a striking neoclassical portico, this home provides ample scope for modern upgrades while preserving its character. The stone garage/outbuilding offers exciting conversion possibilities into an office, gym, or even a holiday let (subject to planning permission), making it ideal for those looking to create additional income streams. The residence's location near Northumberland National Park makes it particularly attractive to outdoor enthusiasts and families alike, due to the mix of local amenities and scenic rural surroundings. With further land available upon negotiation, prospective buyers can capitalize on the investment potential that this property offers. Whether you envision it as your family’s forever home or an alluring rental venture, Milburn Hall is brimming with possibilities waiting to be explored.

Investment Analysis

(NE71 area)

Above Market Value

This property is priced +79.6% above area average per sq ft

+79.6%
This Property
£375/sq ft
Area Average
£209/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£446,988
10% above area average per sq ft
Potential ROI
-49.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NE71)

Area prices are falling by +13.8% over the last 12 months
3 year growth: 1.5%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on NE71 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

Peth Head, Wooler NE71
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,674
Based on a loan of £547,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE