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Old Hall Close, Farndon, Newark, Nottinghamshire, NG24

East Midlands

£1,750,000
Listed on 30/12/2025

Property Details

Bedrooms
10
Type
Detached house
Area
5804 sqft

Description

This expansive residential property presents a remarkable investment opportunity, situated in the desirable village of Farndon. Spanning over 5,800 sq ft, this character conversion showcases original features such as exposed beams and charming brickwork, offering scope for a variety of living arrangements. With ten bedrooms across three distinct sections—the main house, the stables, and the maltings—this layout could be adapted for multi-generational living or developed further into a high-potential Airbnb setup (pending necessary permissions). The Old Hall Farm section features an open plan living/dining area that flows into the family room and breakfast kitchen, while the upper floor accommodates five well-proportioned bedrooms and two bathrooms. The Stables offer two additional bedrooms with potential for easy integration back into the main dwelling. The Maltings completes this unique package with its own living space and two bedrooms. Externally, the property includes a private walled garden and ample parking behind secure gates. On approximately 4.78 acres of land with paddocks and stables already in place, there is significant room for outdoor enhancements or equestrian ventures. While this property boasts considerable charm and structural integrity, strategic renovations focused on modernizing interiors and optimizing layouts could greatly enhance its value. Given its prime location near amenities and scenic walks along the River Trent, this is not just a home but an investment canvas ready to be transformed.

Investment Analysis

(NG24 area)

Above Market Value

This property is priced +31.3% above area average per sq ft

+31.3%
This Property
£302/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,466,177
10% above area average per sq ft
Potential ROI
-26.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NG24)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 1.9%
5 year growth: 20.9%
Investment Disclaimer: Analysis based on NG24 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

Old Hall Close, Farndon, Newark, Nottinghamshire, NG24
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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
£6,411
Based on a loan of £1,312,500 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