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Barn At Old Mill, Newick Lane, Mayfield. TN20 - Image 1
Barn At Old Mill, Newick Lane, Mayfield. TN20 - Image 2
Barn At Old Mill, Newick Lane, Mayfield. TN20 - Image 3

Barn At Old Mill, Newick Lane, Mayfield. TN20

South East

£500,000
Listed on 12/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2476 sqft

Description

The Barn at Old Mill presents a distinctive opportunity for those looking to invest in a substantial Grade II listed structure, encompassing approximately 230 sq.m. This former threshing barn is primed for transformation into a residential dwelling, with planning permission already secured for a four-bedroom home that includes an en-suite bathroom, family bathroom, and various communal living spaces. The property also features additional pole barns and outbuildings totaling around 600 sq.m., which are set to undergo changes under current permissions, potentially allowing for further development or conversion into additional homes in the future, subject to necessary consents. Set within a generous 2.3-acre plot that includes a paddock, this site boasts mains water supply and offers rural tranquility with convenient access to nearby Mayfield village and its amenities, such as shops, schools, and public transport links. With plans to enhance the existing structures and ample space for further development possibilities, this property represents a notable investment opportunity in the picturesque landscape of the South East.

Investment Analysis

(TN20 area)

Below Market Value

This property is priced -51.7% below area average per sq ft

-51.7%
Potential saving
This Property
£202/sq ft
Area Average
£418/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,139,146
10% above area average per sq ft
Potential ROI
+51.9%
After renovation
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

Barn At Old Mill, Newick Lane, Mayfield. TN20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 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.

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