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Main Street, Kirklington, Newark, Nottinghamshire, NG22 - Image 1
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Main Street, Kirklington, Newark, Nottinghamshire, NG22 - Image 3
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Main Street, Kirklington, Newark, Nottinghamshire, NG22 - Image 5

Main Street, Kirklington, Newark, Nottinghamshire, NG22

East Midlands

£620,000
Listed on 12/04/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1291 sqft

Description

Situated in the desirable village of Kirklington, this detached home is positioned on a generous plot of around 0.7 acres, providing an outstanding opportunity for potential extension (pending planning permission) and creative renovations. The property features flexible accommodation ideal for family living and those seeking privacy paired with significant outdoor space. The entryway leads into a practical hallway with tiled flooring and storage solutions. The spacious living room boasts an open fireplace framed by marble and rich mahogany flooring, with French doors extending to the rear terrace that welcomes abundant natural light through additional windows. For entertaining, the separate dining room complements the home’s functionalities, while an adjoining study can easily serve as a fourth bedroom with attractive dual-aspect views. The dining kitchen is fitted with high-gloss cabinets and includes modern amenities like an electric Aga and space for appliances, along with access to the tranquil rear garden. On the upper floor, three well-sized bedrooms encircle a central landing; the main suite features fitted wardrobes and an en-suite shower room. The remaining bedrooms share a contemporary shower room equipped with vanity storage. Externally, the property is approached via a shared gravel drive leading to a private driveway offering ample parking space. The front garden incorporates mature shrubs alongside well-maintained lawns, while additional features include a detached garage equipped with power as well as a timber workshop/cabin suitable for various uses. The rear garden provides multiple areas for leisure, complete with a full-width patio overlooking landscaped grounds enhanced by seating areas and serene landscapes beyond. Not only does this residence offer immediate comfort, but it also holds substantial potential for investment through thoughtful refurbishment and expansion to create your dream home in this vibrant community.

Investment Analysis

(NG22 area)

Above Market Value

This property is priced +107.2% above area average per sq ft

+107.2%
This Property
£480/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£329,108
10% above area average per sq ft
Potential ROI
-50.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG22)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 4.0%
5 year growth: 27.7%
Investment Disclaimer: Analysis based on NG22 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

Main Street, Kirklington, Newark, Nottinghamshire, NG22
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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
£2,271
Based on a loan of £465,000 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