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Newick Lane, Mayfield, TN20

South East

£1,250,000
Listed on 27/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2901 sqft

Description

Nestled at the end of a secluded private drive, this Grade II Listed property, Moat Mill, presents a unique opportunity for buyers looking for a characterful family home with substantial renovation and investment potential. Set amidst over five acres of mature wooded gardens and paddocks alongside river frontage, the property retains many original features from its 17th-century origins, including striking architectural elements from its past as a Victorian watermill. The home offers four to five bedrooms, alongside multiple reception areas and essential living spaces such as a kitchen and utility. While the current owners have diligently maintained the property over their three-decade ownership—updating roofs, bathrooms, electrics, and heating systems—the interior could benefit from modern updates to fully realize its potential. The main living area showcases exposed water mill mechanisms that add historical charm. There’s potential for sustainable living through the installation of off-grid utilities, dependent on necessary planning permissions. Outside, the grounds boast various features including wildflower meadows and an abundance of mature trees fostering local wildlife. Interested buyers may want to explore converting existing structures into usable spaces or re-establishing stables in the paddock area. The property's tranquil setting is further enhanced by its proximity to local amenities in nearby Mayfield and good transport links to larger towns and cities. This property not only serves as a residence but also offers significant prospects for enhancing its facilities and functionality while preserving its rich heritage.

Investment Analysis

(TN20 area)

Above Market Value

This property is priced +3.1% above area average per sq ft

+3.1%
This Property
£431/sq ft
Area Average
£418/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,334,199
10% above area average per sq ft
Potential ROI
-4.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
83%
Properties sold annually

Local Market Trend (TN20)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -28.6%
5 year growth: +5.7%
Investment Disclaimer: Analysis based on TN20 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

Newick Lane, Mayfield, TN20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,508
Based on a loan of £937,500 over 30 years at 4.06% 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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