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Tuxford Road, New Ollerton, Newark, Nottinghamshire, NG22 - Image 1
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Tuxford Road, New Ollerton, Newark, Nottinghamshire, NG22 - Image 10
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Tuxford Road, New Ollerton, Newark, Nottinghamshire, NG22

East Midlands

£165,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
922 sqft

Description

This three-bedroom semi-detached property in Ollerton presents a promising renovation project, ideally situated within close proximity to local amenities, schools, and transport links. The area boasts a range of shops, cafes, and supermarkets, catering well to family needs and lifestyle preferences. Positioned conveniently near Sherwood Forest and other attractions like Rufford Abbey and Clumber Park, it offers a blend of urban convenience and semi-rural charm. The home itself is in need of comprehensive updating throughout, offering buyers the chance to personalize the space significantly. It features an entrance porch leading into a lounge with a fireplace and staircase access to the first floor, along with a separate dining room and kitchen that opens up to the rear garden. The upstairs comprises three bedrooms along with a family bathroom. To truly enhance both livability and property value, updates such as a new kitchen, bathroom refurbishment, and full interior decoration would be necessary. Additional benefits include gas central heating and UPVC double glazing for comfort. Externally, the property provides off-street parking on the driveway extending alongside the house, while the rear garden is neatly maintained offering privacy alongside a patio area suitable for outdoor use. This property has great potential for those willing to invest in its transformation; an early viewing is advisable.

Investment Analysis

(NG22 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£179/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£237,728
10% above area average per sq ft
Potential ROI
+25.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Tuxford Road, New Ollerton, Newark, Nottinghamshire, NG22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£595
Based on a loan of £123,750 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.

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