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Mansfield Road, Farnsfield, Newark

East Midlands

£595,000
Listed on 19/02/2026

Property Details

Bedrooms
6
Type
Detached house
Area
2809 sqft

Description

Situated on the outskirts of the esteemed village of Farnsfield, this expansive five/six bedroom detached home resides on a generous plot of around 0.65 acres, presenting a unique opportunity for those looking to invest in renovation or redevelopment. The property is in need of thorough updating, offering an excellent blank canvas for future owners who wish to design a personalized family residence within a semi-rural environment. The size of the land and existing layout provide substantial potential for reconfiguration or new development, subject to obtaining the necessary planning permits. Additionally, the home includes valuable outbuildings such as stables and garages, making it an attractive prospect for equestrian enthusiasts or those wishing to enhance the value of their investment. The property is accessed via an in-and-out driveway that offers ample parking space and adds to its overall appeal. Such properties—boasting a great location coupled with significant development possibilities—are increasingly hard to find. Whether you intend to build your dream home or embark on an ambitious development project, this property holds considerable promise for rewarding returns.

Investment Analysis

(NG22 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£212/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £125,000
Target Value
£722,264
10% above area average per sq ft
Potential ROI
+0.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (NG22)

Area prices are rising by +5.6% over the last 12 months
3 year growth: +6.3%
5 year growth: +27.2%
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

Mansfield Road, Farnsfield, Newark
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,146
Based on a loan of £446,250 over 30 years at 4.06% 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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