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Pinfold Lane, Balderton

East Midlands

£110,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
755 sqft

Description

This three-bedroom traditional terrace property is located in the heart of Balderton, presenting a compelling opportunity for renovation and investment. The home features two reception rooms, a kitchen, and a ground-floor bathroom, making it suitable for various living arrangements. The spacious rear garden provides ample outdoor space and potential for landscaping or gardening projects. The property includes double glazing and gas central heating, but it requires some updating, allowing investors to add significant value through modern improvements. This aspect is reflected in the pricing, making it an attractive option for those looking to personalize a home or capitalize on its investment potential. Situated approximately three miles south of Newark-on-Trent, Balderton offers convenient access to local amenities such as a post office, several supermarkets including Tesco and Sainsbury's, and health services. Well-respected schools and reliable public transport links make this area appealing to families and commuters alike. For outdoor enthusiasts, the property is in close proximity to Route 64 of the National Cycle Network. Upon entering the property, one finds an entrance hall leading into a well-proportioned lounge featuring natural light from the front window and a traditional gas fire with surrounding storage. The dining room is another generously sized space that opens up to the garden — perfect for entertaining or family gatherings. The kitchen contains essential facilities but could benefit from modernization to enhance functionality. A door leads to the main bathroom which includes key amenities such as a walk-in shower cubicle alongside conventional features. Upstairs are three bedrooms that are versatile enough for different needs — whether used as children's rooms, guest spaces, or even home offices. The master bedroom also has handy storage that contributes to the overall efficient use of space. Outside, the front has a compact hard-landscaped garden while the spacious rear garden is enclosed with both lawn and patio areas ready for cultivation or relaxation. With two sheds included in the sale for additional storage needs, this outdoor space presents further opportunities for customization. Given its location, features, and renovation needs, this property stands out as a promising investment with long-term potential in an area with growing appeal.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -36.6% below area average per sq ft

-36.6%
Potential saving
This Property
£146/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£190,724
10% above area average per sq ft
Potential ROI
+41.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NG24)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 1.9%
5 year growth: 20.9%
Investment Disclaimer: Analysis based on NG24 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

Pinfold Lane, Balderton
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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
£403
Based on a loan of £82,500 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