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Newark Road, Caunton, Newark, Nottinghamshire, NG23 - Image 1
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Newark Road, Caunton, Newark, Nottinghamshire, NG23 - Image 3
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Newark Road, Caunton, Newark, Nottinghamshire, NG23

East Midlands

£200,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1764 sqft

Description

Nestled in the desirable village of Caunton, this traditional cottage presents an exciting blank canvas for renovation enthusiasts or investors. Following recent flooding, Bridge House is primed for a comprehensive restoration, allowing you to reimagine its potential as a comfortable family home. The ground floor layout boasts a spacious lounge and dining area, alongside a separate reception room, kitchen, utility room, and cloakroom/WC. The first floor includes a bathroom, one double bedroom, and a master suite that could be transformed with two adjoining rooms ideal for additional bedrooms or a study space. Outside, the property features off-street parking on a block-paved driveway and manageable front garden space. While repairs are necessary, the charm of Bridge House and its prime location in Nottinghamshire make it a compelling investment opportunity. Take advantage of the local community's offerings including scenic countryside walks and amenities like a village pub while remaining within easy reach of Newark and Southwell for broader shopping and transport links.

Investment Analysis

(NG23 area)

Below Market Value

This property is priced -56.9% below area average per sq ft

-56.9%
Potential saving
This Property
£113/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£510,616
10% above area average per sq ft
Potential ROI
+76.1%
After renovation
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

Newark Road, Caunton, Newark, Nottinghamshire, NG23
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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
£733
Based on a loan of £150,000 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