4-bedroom detached house · NE47 7EG
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to purchase a development site with planning permission for two residential dwellings in Tow House, Hexham.
An exciting opportunity to purchase a development site with planning permission for two residential dwellings in Tow House, Hexham. The site extends to circa 0.689 acres (0.278 hectares).
There are plans for two, four bedroom family homes, with garages, driveway parking and generous gardens. The site is located North of The Forge in Tow House.
The pretty hamlet of Tow House, Bardon Mill has a thriving community with village hall; activity park; public house; village store with coffee shop; a first school with nursery close by; excellent access via A69 to Newcastle to the East and Carlisle to the West.
There is a railway station at Bardon Mill which provides regular cross-country services.
Nearby Haydon Bridge offers further facilities, while Haltwhistle approximately 4 miles away offers supermarkets; leisure centre; primary school with nursery The beautiful surrounding area provides walks and other country pursuits with Hadrian's Wall country; Northumberland national park is nearby; the Hadrian's Wall Cycleway from which to enjoy the spectacular countryside.
SERVICES We are advised there is mains water and electricity connections nearby. Interested parties should satisfy themselves as to the capacity of such services.
PLANNING PERMISSION Northumberland County Council planning reference 21/01074/REM VIEWINGS Viewing is strictly by appointment.
Arrangements can be made by contacting YoungsRPS, Hexham on .
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Tow House, Hexham, Northumberland, NE47
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