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School Lane, East Stoke, Newark

East Midlands

£185,000
Listed on 25/03/2026

Property Details

Bedrooms
2
Type
Cottage

Description

This two-bedroom, single-storey cottage is poised for a transformation, offering a blank canvas for those looking to invest in a property with significant potential. Nestled within the tranquil East Stoke Conservation Area, the home features a generous garden spanning approximately 663 sq.m (0.164 acre), perfect for outdoor enhancements or landscaping. While it requires general modernisation and refurbishment, essential updates have been made, such as a recently replaced roof. The interior comprises an entrance hall leading into a comfortable sitting room complete with a brick fireplace and fitted stove. The functional kitchen provides ample space along with a convenient pantry. Accommodation includes two spacious bedrooms and an additional room that could serve multiple purposes. The property also boasts an external outbuilding with three closets, adding potential storage or workshop space. East Stoke offers charming surroundings with rich historical significance, including access to scenic countryside walks and local landmarks like St Oswald's Church and the ancient battlefield site of the Wars of the Roses. With good transport links to Newark via the A46 dual carriageway and train services available from Newark Northgate to London King's Cross in just over 75 minutes, this location combines rural charm with accessibility. Overall, this property presents an excellent opportunity for renovation enthusiasts seeking to enhance its value while enjoying the picturesque village lifestyle.

Investment Analysis

(NG23 area)
Area Average
£265/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NG23)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -8.1%
5 year growth: +12.0%
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

School Lane, East Stoke, Newark
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£655
Based on a loan of £138,750 over 30 years at 3.91% 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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