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Newick Lane, Mayfield TN20 - Image 1
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Newick Lane, Mayfield TN20

South East

£150,000
Listed on 12/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique investment opportunity situated just off Newick Lane, nestled between Mayfield and Heathfield. The parcel primarily consists of pasture land with the added value of river frontage along its northern boundary. Within the southwest corner lies a Field Shelter, which is in need of renovation and could be transformed into a valuable asset with the right improvements. Although there are currently no services connected, the potential for developing this land is significant, especially considering its accessibility via two gated entry points. It’s important for prospective buyers to investigate existing rights and any public footpaths that traverse the property, as these can impact future development plans. This offering is freehold, allowing for flexible options post-renovation.

Investment Analysis

(TN20 area)
Area Average
£418/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TN20)

Area prices are falling by +12.7% over the last 12 months
3 year growth: -24.3%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on TN20 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

Newick Lane, Mayfield TN20
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE