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Greaves Lane, Edingley, Newark

East Midlands

£845,000
Listed on 18/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
4790 sqft

Description

Nestled within approximately 9.8 acres of verdant grounds, this substantial country home provides a unique opportunity for those looking to invest in a property with significant renovation potential. Built in the 1970s, this detached four-bedroom residence features a well-designed layout that includes three reception rooms, making it suitable for both family living and entertaining. The property is positioned thoughtfully away from the lane, offering an element of privacy amid expansive gardens, paddocks, and mature trees. While the accommodation is generous, it presents a clear opportunity for modernization—whether through refurbishment or larger-scale redevelopment (subject to local planning permissions). This flexibility allows you to reimagine the interior layout or even expand the existing structure to better suit your vision. In addition to the main house, the land hosts several sizable outbuildings that could serve various purposes. These spaces are ideal for storage or could be transformed into workshops or hobby areas, enhancing the utility of the property. With ample space available, there’s potential for creating a smallholding or a serene countryside retreat tailored to your needs. Located conveniently near the charming villages of Farnsfield and Southwell, you'll have access to quality shops, pubs, and restaurants while enjoying the tranquility of rural life. This property not only offers seclusion but also presents endless possibilities for those who wish to create their dream home in an idyllic setting.

Investment Analysis

(NG22 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£176/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,221,091
10% above area average per sq ft
Potential ROI
+26.5%
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

Greaves Lane, Edingley, Newark
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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
£3,095
Based on a loan of £633,750 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