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Avenue Road, Retford

Yorkshire

£120,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1015 sqft

Description

This two-bedroom property presents an excellent opportunity for renovation and personalization, making it ideal for those looking to add value. Located in a desirable area of Retford, it benefits from proximity to essential amenities such as supermarkets, pubs, restaurants, and various local services, enhancing both living convenience and investment appeal. Upon entering, you’ll find an entrance porch that leads into a well-sized lounge featuring a bay window that allows natural light to fill the space. The dining room is generously proportioned and includes beneficial storage options, creating potential for reconfiguration or updates that reflect modern living preferences. The kitchen is functional with wall and base units, providing a solid foundation for future upgrades; the side entrance offers direct access to the outdoor areas. The first floor hosts two double bedrooms that come with built-in storage solutions and ample light through their sizable windows. The bathroom is spacious and has room for enhancements that could elevate its comfort and aesthetic. Externally, the property features a low-maintenance rear yard alongside an additional garden area that presents opportunities for landscaping or development. This outside space can be transformed into a private retreat or enhanced with garden features to boost the property’s appeal. Overall, this home is sold as seen but holds significant potential for those willing to invest in updates and renovations. Its location combined with the inherent transformation possibilities positions it as an attractive prospect for first-time buyers or buy-to-let investors eager to capitalize on the strong rental market in the area. Viewing is highly recommended to fully appreciate what this property has to offer in terms of investment potential and personal design choices.

Investment Analysis

(DN22 area)

Below Market Value

This property is priced -44.0% below area average per sq ft

-44.0%
Potential saving
This Property
£118/sq ft
Area Average
£211/sq ft
Avg Rent (weekly)
£174
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£235,805
10% above area average per sq ft
Potential ROI
+62.6%
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
13%
Properties sold annually

Local Market Trend (DN22)

Area prices are falling by +3.2% over the last 12 months
3 year growth: 2.4%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on DN22 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

Avenue Road, Retford
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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
£440
Based on a loan of £90,000 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