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Park Lidgett Farm Cottage, Ossington, Newark, NG23 6NW - Image 1
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Park Lidgett Farm Cottage, Ossington, Newark, NG23 6NW

East Midlands

£195,000
Listed on 05/05/2026

Property Details

Bedrooms
4
Type
Semi Detached

Description

This semi-detached four-bedroom farmhouse presents a significant renovation opportunity, situated on an expansive plot of about 0.45 acres. Originally the residence of farm managers, this property offers ample space for creative redevelopment. The building features a spacious timber structure that includes a garage and various storage areas, alongside a basic conservatory which provides access to the traditional farmhouse kitchen adorned with exposed beams. The internal layout comprises a lounge with direct access to an external yard, a dining room overlooking the front garden, and a wide entrance hall leading to the basement storerooms. The first floor hosts four generously sized bedrooms, including a principal suite with high ceilings, complemented by a family bathroom. With its potential for modernisation and convenient access to major roadways, this property invites those looking to invest in a comprehensive refurbishment project and transform it into a charming family home or rental investment. Located approximately 10 minutes from Newark and close to the A1, it blends rural tranquility with accessibility to nearby amenities.

Investment Analysis

(NG23 area)
Area Average
£263/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NG23)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -7.6%
5 year growth: +12.6%
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

Park Lidgett Farm Cottage, Ossington, Newark, NG23 6NW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£696
Based on a loan of £146,250 over 30 years at 3.97% 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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