2-bedroom house · NG25 0PL
For saleReduced £25k (−10%) on 26 JunListed 190 days
Opportunity summary
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About
No Onward Chain - Grade II Listed Semi Detached Cottage situated in an elevated position in the heart of Hockerton requiring renovation throughout, situated on a large plot the accommodation includes, Lounge, Kitchen, Ground Floor Bathroom and Two First Floor Bedrooms.
Outside, there are lawned gardens to the front, side and rear, rear patio and gravelled area, detached brick and tiled building currently used a garden storage and workshop space but offering potential, subject to planning for home office/studio and rear gravel parking for two cars.
Description No Onward Chain - Grade II Listed Semi Detached Cottage situated in an elevated position in the heart of Hockerton requiring renovation throughout, situated on a large plot the accommodation includes, Lounge, Kitchen, Ground Floor Bathroom and Two First Floor Bedrooms.
Outside, there are lawned gardens to the front, side and rear, rear patio and gravelled area, detached brick and tiled building currently used a garden storage and workshop space but offering potential, subject to planning for home office/studio and rear gravel parking for two cars.
Location Hockerton is a small village set in unspoilt countryside with the popular Spread Eagle public house located in the village and a nearby farm shop with café.
The village is just two miles from Southwell, offering easy access to Nottingham, Newark, Lincoln and Mansfield as well.
Southwell offers a wide range of amenities, professional services and a sports centre with schools for all ages, the larger market town of Newark offers a more extensive range of retail amenities, restaurants and leisure facilities including a sport centre and marina.
Newark Northgate station offers a direct rail link into London Kings Cross in one hour and 20 mins. Entrance Side entrance door gives access to the kitchen.
Lounge 12' x 14' 3" (3.66m x 4.34m) With two multi-paned glazed windows to the front elevation, brick fireplace with beamed over-mantle and radiator.
Kitchen 13' 11" x 6' 2" (4.24m x 1.88m) In need of renovation but currently comprises of a range of wall and base units, electric cooker point, space for fridge/freezer, stainless steel single drainer sink unit and glazed window to the rear elevation.
Bathroom 7' 7" x 7' 8" (2.31m x 2.34m) Comprising of panelled bath with shower over, low level WC, pedestal wash hand basin, tiled floor and walls and glazed window to the rear elevation.
First floor landing bedroom 1 12' x 14' 3" (3.66m x 4.34m) With two glazed windows to the front elevation, glazed window to the side elevation and radiator.
Bedroom 2 6' 3" x 9' 1" (1.91m x 2.77m) With two glazed windows to the rear elevation and radiator.
Outside Lawned gardens to the front, side and rear elevations, well stocked flower/shrub beds and boarders and a variety of established trees, fenced perimeter, rear oil storage tank, rear patio area and timber shed.
Side off-road parking.
Rear store sheds Detached outbuilding with various stores and garage space, subject to planning permission and conversion, this space could offer the potential of a home office or studio if required.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 1 Bank Cottage, Caunton Road, Southwell
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