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Main Street, Upton, Newark

East Midlands

£450,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1350 sqft

Description

This period cottage, dating back to the 1800s, offers a unique blend of charming character and significant renovation potential. Set on a generous half-acre plot that backs onto stunning open countryside, the property is ripe for modernisation, making it an exciting project for investors or homeowners looking to personalise their living space. The cottage features a quaint kitchen and a welcoming dining room with original beams, alongside a spacious sitting room complemented by an open fireplace. The ground floor also includes a utility room and a bathroom. Venture upstairs to find three bedrooms and an additional study that could easily serve as a fourth bedroom with some reconfiguration. The exterior boasts a private driveway leading to multiple parking areas and outbuildings, while the extensive south-easterly garden—though currently in need of care—holds immense promise as a family sanctuary. With mature hedges providing privacy, this outdoor space can be transformed into a beautiful retreat complete with an orchard and charming garden house equipped with amenities for relaxation. Located at the edge of Upton village, the property provides easy access to surrounding countryside and is conveniently close to Southwell and Newark, which offers train connections to London. The local area is well-regarded for its school catchment, adding further appeal to this investment opportunity.

Investment Analysis

(NG23 area)

Above Market Value

This property is priced +25.6% above area average per sq ft

+25.6%
This Property
£333/sq ft
Area Average
£265/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£394,193
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
86%
Properties sold annually

Local Market Trend (NG23)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -5.4%
5 year growth: 15.6%
Investment Disclaimer: Analysis based on NG23 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, Upton, 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
£1,648
Based on a loan of £337,500 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