Worst House on the Street Logo
Petersmith Drive, New Ollerton, Newark - Image 1
Petersmith Drive, New Ollerton, Newark - Image 2
Petersmith Drive, New Ollerton, Newark - Image 3
Petersmith Drive, New Ollerton, Newark - Image 4
Petersmith Drive, New Ollerton, Newark - Image 5
Petersmith Drive, New Ollerton, Newark - Image 6
Petersmith Drive, New Ollerton, Newark - Image 7
Petersmith Drive, New Ollerton, Newark - Image 8
Petersmith Drive, New Ollerton, Newark - Image 9
Petersmith Drive, New Ollerton, Newark - Image 10
Petersmith Drive, New Ollerton, Newark - Image 11

Petersmith Drive, New Ollerton, Newark

East Midlands

£120,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house in the sought-after area of Ollerton presents a promising opportunity for renovation and investment. Positioned close to essential amenities, the property features a welcoming entrance hall leading into a well-sized living room, and a kitchen equipped with both low and eye-level units. The ground floor also includes a conservatory that opens up to the garden space, along with a convenient wet room. The first floor comprises three bedrooms and a family bathroom, providing ample accommodation for families or potential tenants. Externally, there is an enclosed front garden, driveway parking, and an outbuilding which could serve various purposes after some updating. With its solid structure and layout, this property is ideal for those looking to enhance its appeal through thoughtful renovations.

Investment Analysis

(NG22 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NG22)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +3.0%
5 year growth: +21.0%
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

Petersmith Drive, New Ollerton, Newark
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £90,000 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.