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Perlethorpe, Newark, Nottinghamshire, NG22

East Midlands

£750,000
Listed on 27/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3046 sqft

Description

This distinguished Grade II listed residence is situated within the renowned Thoresby Estate, encompassing approximately 1.86 acres of private grounds. With planning permission already in place for secondary accommodation, this property presents a remarkable opportunity for investment and renovation enthusiasts. Originally serving as a gatehouse and kennels in the mid-18th century, The Kennels boasts a unique historical architecture that has evolved over the years while retaining its character. Inside, the layout offers a combination of period features and modern amenities. The ground floor includes a recently updated kitchen with integrated appliances, alongside spacious living areas featuring charming fireplaces that exemplify the home's historic charm. The potential to enhance this residence is significant, particularly with the existing permission to convert adjacent stables into additional living space, which could greatly increase its value. The outdoor space complements the interior's appeal, featuring formal gardens and ample parking alongside established trees and floral borders. Set against a serene rural backdrop in Perlethorpe, surrounded by Sherwood Forest, this property combines tranquility with proximity to local amenities in nearby villages such as Ollerton and Edwinstowe. This home not only serves as a comfortable residence but also as an exciting project for those looking to expand their investment portfolio or create a bespoke living space that pays homage to its historic roots.

Investment Analysis

(NG22 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£246/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£783,203
10% above area average per sq ft
Potential ROI
-5.6%
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

Perlethorpe, Newark, Nottinghamshire, NG22
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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
£2,705
Based on a loan of £562,500 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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