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The Spinney, Winthorpe, Newark

East Midlands

£325,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached three-bedroom family home is set on a generous plot of approximately 0.22 acres in a desirable cul-de-sac within the well-regarded village of Winthorpe, just a short drive from Newark. The property presents an opportunity for investors or homeowners looking to create their ideal space, with comfortable layout options that could benefit from modernization or extension (subject to planning permission). The ground floor features a hallway leading to two reception rooms, a dining kitchen with potential for reconfiguration, and a separate WC. An appealing conservatory adds additional living space that seamlessly connects to the secluded rear garden. Upstairs, you'll find three bedrooms and a shower room that could inspire further improvements. Recent updates include a gas central heating system with a new boiler installed in 2024, while existing uPVC double glazing offers efficiency benefits. Outside, the property includes a garage and driveway with parking for up to four vehicles, as well as private gardens perfect for outdoor leisure. Winthorpe boasts essential amenities such as local schools and shops, fostering a strong community spirit, while Newark provides extensive retail and recreational options. For commuters, the excellent rail links at Newark North Gate make travel to London accessible. This property not only combines village charm with modern conveniences but also holds significant renovation potential for those keen on enhancing its value.

Investment Analysis

(NG24 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£188
Avg Yield
3.9%

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
61
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on NG24 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

The Spinney, Winthorpe, Newark
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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
£1,159
Based on a loan of £243,750 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.

Stamp Duty Calculator

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