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Glen Cottage, Low Street, Collingham, Newark - Image 1
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Glen Cottage, Low Street, Collingham, Newark - Image 9
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Glen Cottage, Low Street, Collingham, Newark - Image 11

Glen Cottage, Low Street, Collingham, Newark

East Midlands

£170,000
Listed on 06/03/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached cottage presents a distinctive opportunity for renovation and investment, ideal for those looking to personalize a unique property with character. The home retains several original features but has also benefited from thoughtful updates, including uPVC double glazing installed in 2021 and a combination boiler added in 2016. Inside, the layout is both spacious and quirky, starting with an entrance hall that leads into a generous lounge/diner. This versatile space features an exposed brick fireplace and offers ample room for various configurations. Adjacent to the lounge is a fitted kitchen that continues the theme of potential; it includes essential amenities and could easily be transformed or expanded, particularly with the attached lean-to porch that provides additional storage options. The first floor accommodates two bedrooms, both outfitted with extensive fitted wardrobes, maximizing storage while maintaining a cozy atmosphere. The bathroom on this level includes fixtures that allow for upgrades or reconfiguration according to personal preferences. While outside space is limited, the property benefits from on-street parking availability. Its location in Collingham enhances its appeal; the village is well-served by local amenities, including well-regarded schools, shops, and recreational facilities. Proximity to Newark-on-Trent not only provides easy access to essential services but also facilitates commutes to larger cities via rail links. With its blend of period charm and modern upgrades, this cottage invites new owners to infuse their style while presenting significant investment potential in a growing community. Whether looking for a project to make your own or a strategic addition to an investment portfolio, this property is ready for its next chapter without onward chain complications.

Investment Analysis

(NG23 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.8%

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
15
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG23)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -4.9%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on NG23 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

Glen Cottage, Low Street, Collingham, Newark
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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
£623
Based on a loan of £127,500 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.

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