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Newick Lane, Mayfield TN20

South East

£150,000

Listed on 18/05/2026

Property Details

Bedrooms
N/A
Type
Land

Description

Nestled off Newick Lane, this parcel of pasture presents a unique investment opportunity with river frontage along the northern boundary. Notably, it features a field shelter situated in the south-western corner, which requires significant refurbishment. This property offers considerable potential for those looking to enhance or repurpose the existing structure. However, it is essential to note that there are no services currently connected, and potential buyers should be aware of the public footpath traversing the land. With two gated access points from a shared drive and the land falling within Floodzones 2 & 3 (except where the field shelter is located), this site invites creative vision while adhering to local regulations.

Investment Analysis

(TN20 area)
Area Average
£414/sq ft

Renovation Potential

Heavy 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
4
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TN20)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -27.6%
5 year growth: -1.4%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 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

This calculation uses non-residential (land/commercial) tax rates.

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