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Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 1
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 2
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 3
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 4
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 5
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 6
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 7
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 8
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 9
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 10
Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF - Image 11

Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF

South East

£500,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2476 sqft

Description

This property offers a unique opportunity to acquire a substantial Grade II listed Oak framed barn, spanning approximately 230 sq.m., with secured planning permission for conversion into a residential dwelling. The former Threshing barn is part of a larger site that includes additional outbuildings such as pole barns and stables, totaling around 600 sq.m. There is potential under current permissions to convert these structures into further residences or garages, pending appropriate consents. The approved plans envision the creation of a four-bedroom home, featuring an en-suite in the main bedroom, a family bathroom on the first floor, and spacious communal areas including a vaulted dining hall, sitting room, and kitchen with utility space. Situated within approximately 2.3 acres of land which includes a paddock, this property benefits from mains water supply already established at the site. The location is conveniently positioned about two miles from Mayfield village, ensuring easy access to local amenities such as shops, cafes, and schools. Furthermore, the surrounding area boasts extensive open countryside with walking paths and the UK National Cycle Route nearby. Transport links are robust with multiple railway stations within reach that provide direct services to central London. This property not only presents a stunning renovation project but also carries significant investment potential due to its planning permissions and scope for further development in compliance with local regulations.

Investment Analysis

(TN20 area)

Below Market Value

This property is priced -51.7% below area average per sq ft

-51.7%
Potential saving
This Property
£202/sq ft
Area Average
£418/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,139,146
10% above area average per sq ft
Potential ROI
+51.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TN20)

Area prices are falling by +12.7% over the last 12 months
3 year growth: -24.3%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on TN20 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

Barn at Old Mill, Newick Lane, Mayfield. TN20 6RF
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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
£1,832
Based on a loan of £375,000 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