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Beacon Hill Road, Newark - Image 1
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Beacon Hill Road, Newark

East Midlands

£725,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

This property presents a substantial investment opportunity, featuring a 1930s house for refurbishment alongside a sizeable plot of approximately 3.53 acres, which has received planning permission in principle for the development of 2-4 additional dwellings. Located with direct road access, the house boasts a large garden and an existing driveway, enhancing its appeal for potential renovation and expansion. The main dwelling features traditional brick construction under a slate roof with wood-framed double-glazed windows, offering solid bones for transformation. The interior includes multiple living spaces with original features such as fireplaces and built-in cupboards, though modern updates are needed throughout. The existing kitchen and bathroom highlight elements that could greatly benefit from modernization to meet contemporary standards. Additionally, the site includes derelict farm buildings earmarked for demolition—these structures may contain asbestos and will require careful handling during redevelopment. The strategic location near Newark on Trent ensures excellent local amenities and transport links, presenting attractive possibilities for future residential projects.

Investment Analysis

(NG24 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£182
Avg Yield
3.8%

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
53
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +1.3%
5 year growth: +14.2%
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

Beacon Hill Road, Newark
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,739
Based on a loan of £543,750 over 30 years at 4.45% 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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