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Main Street, Ollerton

East Midlands

£395,000
Listed on 16/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This 1950s property, nestled in the charming old village of Ollerton, presents an excellent opportunity for renovation and investment. Set on a generous plot, the home features spacious living areas that are ready to be transformed into a modern masterpiece according to your vision. The interior includes a welcoming entrance hall with original parquet flooring that leads into a large lounge with a bay window and classic tiled fireplace—a potential focal point for future updates. The adjoining kitchen diner offers ample space with a layout suitable for contemporary enhancements. Its current configuration leaves room for creative upgrades, including modern appliances and fixtures, making it ideal for both family living and entertaining. The property boasts four well-proportioned bedrooms; three larger-than-average rooms on the first floor provide flexibility for use as guest rooms or home offices, while the fourth bedroom can serve as an ideal study space. The family bathroom, although functional, would benefit from modernization to match current trends. Outdoors, you will find expansive front and rear gardens that are well-maintained but also present an opportunity for landscaping projects. The back garden features established plants and trees alongside practical structures such as a detached garage equipped with power and lighting—a valuable asset for storage or workshop space. With its prime location in Ollerton, this house has significant potential not only as a family home but also as an investment. Whether you're looking to flip the property after renovations or create your long-term residence tailored to your preferences, this home is positioned to become a standout property in the neighborhood.

Investment Analysis

(NG22 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.8%

Renovation Potential

Medium 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
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG22)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 4.0%
5 year growth: 27.7%
Investment Disclaimer: Analysis based on NG22 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

Main Street, Ollerton
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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
£1,447
Based on a loan of £296,250 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