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Main Street, Newthorpe, Nottingham, NG16

East Midlands

£300,000

Listed on 27/05/2026

Property Details

Bedrooms
4
Type
End Of Terrace

Description

This expansive former 18th-century pub, known as 'The Old Spot,' presents a remarkable chance for renovation enthusiasts and developers alike. Set on a substantial 0.25-acre plot with over 220 square meters of internal living space, this property boasts four double bedrooms, a study, and four reception rooms, each offering unique character and historical charm. The layout includes a kitchen, garden room, utility area, and various charming features such as original wooden beams and multiple fireplaces. The generous external space features a private driveway leading to an expansive rear garden that includes brick outbuildings—ideal for additional development or conversion possibilities (subject to planning permissions). With the potential to create a bespoke family home or capitalize on redevelopment opportunities in this desirable East Midlands location, this property truly stands out for those ready to embark on an ambitious project. Its literary connection to D.H. Lawrence's 'Sons and Lovers' adds an extra layer of allure to this investment opportunity.

Investment Analysis

(NG16 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +2.6%
5 year growth: +21.5%
Investment Disclaimer: Analysis based on NG16 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, Newthorpe, Nottingham, NG16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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