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Main Street, Claypole, Newark - Image 1

Main Street, Claypole, Newark

East Midlands

£100,000

Listed on 22/09/2026

The listing

Property details

Bedrooms
4
Type
Detached

Description

This detached Georgian cottage, dating back to 1768, offers a unique opportunity for restoration and modernization in the heart of a well-regarded village. Set on a prominent corner plot, the property features substantial accommodation spread over two floors, along with attached brick outbuildings and a garage. While the property is rich in character, it is currently in a poor state of repair and has experienced vandalism, making it suitable primarily for cash buyers or investors looking for a significant refurbishment project. The ground floor comprises an entrance hall leading to a spacious lounge and a separate dining room, both characterized by generous proportions typical of the Georgian era. The kitchen is located at the rear and includes a pantry and rear lobby. A ground floor bathroom, separate WC, and conservatory complete this level's layout. Upstairs, a central landing provides access to four bedrooms and an additional WC, offering flexible family accommodation with potential for reconfiguration, subject to necessary consents. Externally, the property boasts a fully enclosed garden and driveway accessed via timber double gates, enhancing both privacy and presence. Claypole offers a strong sense of community and is well-connected, featuring local amenities such as a primary school, village hall, church, and public house. The village's attractive countryside setting provides an appealing rural lifestyle while remaining convenient for commuters with easy access to the A1 and Newark North Gate railway station. This property presents an exciting opportunity for those looking to invest in a rewarding refurbishment project in a desirable location.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

57out of 100
Grade DWeak opportunity

Confidence: LOW

This detached Georgian cottage, dating back to 1768, presents a unique opportunity for investors and developers looking to undertake a comprehensive refurbishment. The property boasts significant historic charm and character, with spacious accommodation that includes a lounge, dining room, four bedrooms, and a garden, all set within a desirable village location. However, it's important to note that the property is in a poor state of repair, requiring extensive repairs throughout due to visible damage and neglect.

The guide price of £100,000 is quite appealing compared to the local average sale price of around £466,112, offering a potentially attractive entry point for savvy buyers. While the lack of usable floor area limits a full value analysis, the potential for significant value increase through restoration and modernisation is clear. This project allows for the reconfiguration of the layout and enhancement of the property’s original features, making it a rewarding venture for those willing to invest time and resources into its revival.

Key opportunities

  • Substantial scope for full restoration and modernisation, enhancing the property's historic character.
  • Flexible family accommodation with potential for reconfiguration of the layout.
  • Appealing corner plot with a private garden and driveway, enhancing the property's overall presence.

Key risks

  • Stripped interiors and a £150,000–£300,000 works budget make this a full-gut programme, not a refresh.
  • Visible damage and vandalism throughout the property indicate the need for extensive repairs.
  • Structural issues present potential long-term concerns that should be assessed.

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Map

Location

Main Street, Claypole, Newark
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£378
Based on a loan of £75,000 over 30 years at 4.45% 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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