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Main Street, Claypole, Newark

East Midlands

£350,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow, set on an appealing 0.17-acre plot, stands as a promising investment opportunity in the village of Claypole. With over 1,100 square feet of versatile living space, the property features a welcoming entrance hall that leads into a spacious dual-aspect living room with an open fire. The accommodation includes separate dining and breakfast areas, alongside practical spaces such as a utility room and side lobby. Three double bedrooms offer ample space for family or guests, particularly with the second bedroom opening directly to a multipurpose dressing room or study area with access to the garden. The exterior boasts a gated driveway providing extensive off-street parking suitable for multiple vehicles, including caravans or motor homes, along with a detached double garage and an attached home office, both equipped with power and lighting—ideal for those seeking work-from-home options. The private gardens are well-established and offer potential for landscaping enhancement or extension. While the property benefits from modern uPVC double glazing and gas central heating, it presents various possibilities for refurbishment to suit personal tastes or improve energy efficiency. This unique bungalow is not just a home but also represents an excellent canvas for renovation that could significantly enhance its value over time.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Main Street, Claypole, 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
£1,282
Based on a loan of £262,500 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