The Old School House in Newby Wiske, a popular North Yorkshire village close to Northallerton, is on the market with Dacre, Son & Hartley. The firm is seeking offers in excess of £600,000.
Currently the former school and master’s house, which dates back to the early 19th Century and spans 3,102 sqft, is divided into five self-contained cottages, but with the relevant planning consents it could be converted into one stunning family home or reconfigured and upgraded.
Dan Rice, from Dacre, Son & Hartley in Ripon, said: “It’s a fabulous and increasingly rare opportunity for a buyer to get their hands on a characterful village property with plenty of scope for improvement and development.”
Set in quarter-acre plot, the Old School House is currently vacant, so works could start as soon as the relevant consents are gained. Dan added: “It’s an attractive detached period building, in a prominent position at the heart of this picturesque and conveniently located North Yorkshire village. Built as a school for girls by William Rutson of Newby Wiske Hall, it was converted into residential cottages in 1993.
“We believe that developers, investors and homebuyers will all see the appeal of this property, which has lots of character features as well as ornamental lawned grounds and extensive car parking. The vendor generated a valuable rental income of £27,000 per annum from the five cottages, and with some investment, this could be significantly increased.”
Newby Wiske stands on the banks of The River Wiske, four miles South of Northallerton and linked to the A167. Just half a mile away is the village of South Otterington, which has a reputable junior school and the Otterington Shorthorn public house.
For more information about the Old School House, call Dacre, Son & Hartley’s Ripon office on 01765 605151 or visit www.dacres.co.uk.