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High Street, Laxton, Newark

East Midlands

£250,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a remarkable opportunity for renovation, encompassing a former Post Office alongside a residence and several outbuildings, all spread across approximately 7623 sq.ft on a 0.175-acre plot. With roots dating back to the 18th century, the home is situated in the picturesque village of Laxton, which boasts a rich history and retains much of its medieval charm. The village, part of a conservation area, features stunning landscapes and the last operational open-fields farming system in England. The existing structure includes a ground floor with various functional spaces: a former sales shop, stock room, living room, kitchen equipped with an old range fireplace, pantry, bathroom, and an additional staircase leading to the first floor. Here you'll find four generously sized bedrooms offering versatility for accommodation or potential reconfiguration. The property also features several brick-built outbuildings under pantile roofs—these include a coal house with loft space above, garage, stable, and garden store—all of which could be repurposed or redeveloped to enhance the property's value further. The exterior showcases delightful gardens fronting the house and extending to the rear. A redundant septic tank adds an element that may require attention but provides additional scope for development or landscaping improvements. With essential services connected—including mains water and electricity—this property has solid foundations for creating an inviting home while retaining historical significance. Ideal for investors or DIY enthusiasts looking to infuse their personal touch into a historic gem within a serene community setting.

Investment Analysis

(NG22 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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

High Street, Laxton, 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
£916
Based on a loan of £187,500 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