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Lynesack, Butterknowle DL13

North East

£700,000
Listed on 22/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1852 sqft

Description

This distinctive five-bedroom detached property, known as The Old School House, presents a remarkable opportunity for renovation and investment located in the quaint village of Lynesack, Butterknowle. Originally constructed in the 1850s, this building holds significant historical value, having served as the local village school until its closure in the 1950s. Its unique layout includes separate living spaces and commercial areas, paving the way for various potential uses. The property features an annex with independent access, making it ideal for multi-generational living or rental opportunities. Beyond the living areas, there are outbuildings that could be transformed into Air B&B accommodations or utilized for commercial ventures (pending relevant planning permissions). With expansive outdoor grounds that encompass two private paddocks and an orchard, there is ample space for recreational activities while enjoying picturesque views over the surrounding countryside. Residents can take advantage of nearby amenities within Butterknowle, which include a doctor's surgery, local pubs, and a primary school. For more extensive shopping and services, Bishop Auckland and Barnard Castle are just a short drive away. Commuters will appreciate the proximity to major roadways such as the A688 and A68, facilitating easy access to the A1(M) North and South. Inside, the layout is functional yet ripe for modernization. The ground floor features an entrance hall leading to spacious rooms including a living room with an open fire and large bay window, a kitchen equipped with wood-effect cabinetry and a multifuel fireplace, a dining room showcasing exposed stone walls and beams, along with additional versatile spaces like a study. A cloakroom completes this level. The first floor accommodates three bedrooms including a master suite with natural light flooding in from large windows. A family bathroom rounds out this level's offerings while providing comfort for family living. The separate annex mirrors these qualities with its own living area/kitchen setup and bedrooms serviced by an ensuite bathroom. Externally, gated access leads into an expansive courtyard capable of accommodating multiple vehicles. The tiered front garden offers well-established greenery alongside breathtaking countryside vistas. There's also substantial provision for outdoor entertaining on patio areas around the property—ideal for gatherings or simply enjoying rural tranquility. In addition to residential spaces, this property comes equipped with two commercial workshop facilities along with storage options that could cater to business needs or hobbyists. The potential for further development exists in a stone-built outbuilding already featuring plumbing capabilities—perfectly positioned to serve as additional commercial space or guest accommodation if permitted. Overall, The Old School House stands

Investment Analysis

(DL13 area)

Above Market Value

This property is priced +104.1% above area average per sq ft

+104.1%
This Property
£378/sq ft
Area Average
£185/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£377,188
10% above area average per sq ft
Potential ROI
-54.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DL13)

Area prices are falling by +15.0% over the last 12 months
3 year growth: -10.9%
5 year growth: -0.3%
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.

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Location

Lynesack, Butterknowle DL13
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