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Town Street, Hawksworth

East Midlands

£230,000
Listed on 31/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
824 sqft

Description

Beech Cottage is a semi-detached period property nestled in the Hawksworth Conservation Area, offering an opportunity for renovation and investment. This two-bedroom home features a traditional brick exterior beneath a pantiled roof and is set within a peaceful residential environment that retains its original charm. The property’s layout includes a ground floor with a kitchen boasting exposed beams and basic amenities, along with a sitting room that features a corner fireplace. A rear lobby connects to the bathroom, which currently has a shower attachment. Upstairs, there are two bedrooms along with an additional small room that could serve as either a study or storage area. The first floor also contains ample landing space and built-in storage. While Beech Cottage requires modernisation—particularly focusing on energy-efficient upgrades—it presents an ideal canvas for creative improvements. The enclosed gravel front forecourt adds to the appeal, providing outdoor space that could be enhanced further with landscaping or additional features. Situated within Hawksworth, this property benefits from proximity to key transport links via country lanes leading to the A46 and A52 trunk roads. It lies approximately 8 miles south of Newark and is within 4 miles of Bingham, where you can find essential shops and schools. The surrounding conservation village is characterized by historical architecture, including St Mary and All Saints Church and the nearby Manor House. The unique feature of this property includes its flying freehold arrangement, where part of Bedroom One extends over Bumble Bee Hall's ground floor—an important consideration for potential buyers looking to optimise their investment. In summary, Beech Cottage stands as both a comfortable residence and an intriguing project for those looking to invest in an area rich in heritage while enhancing the living experience through thoughtful renovations. Mains water, electricity, and drainage utilities are available, ensuring basic needs are met as you embark on your renovation journey.

Investment Analysis

(NG13 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£279/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£268,748
10% above area average per sq ft
Potential ROI
-0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG13)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -3.9%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on NG13 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

Town Street, Hawksworth
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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
£843
Based on a loan of £172,500 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