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Main Street, Balderton, Newark, NG24

East Midlands

£500,000
Listed on 17/01/2026

Property Details

Bedrooms
8
Type
Detached house
Area
4162 sqft

Description

This late-Georgian town house, dating back to approximately 1775 and enhanced with Victorian and 1920s additions, is a distinctive property that awaits a new owner to realize its full potential. Currently stripped to a blank canvas, it offers original period features throughout, including elegant fireplaces, intricate stained glass windows, and charming parquet flooring. With eight spacious double bedrooms and the possibility of reconfiguring the layout for residential apartments or even two separate dwellings (pending the necessary planning permissions), this home represents an excellent investment opportunity for developers or those looking to craft a grand family residence. The ground floor features an impressive entrance hall with tile work, several reception rooms including a lounge with log burner and garden access, as well as a functional kitchen equipped with high-quality appliances. The first floor accommodates six bedrooms, many with original fireplaces, alongside bathrooms and additional WCs. Moreover, there are two further double bedrooms on the second floor showcasing delightful views. Outside you will find generous grounds covering approximately one-third of an acre, complete with mature gardens, multiple patios crafted from original York stone, and off-road parking for several vehicles. A workshop equipped with power adds further utility to this exceptional property. This town house presents remarkable flexibility for future development or transformation into a personalized family home steeped in character. Ideal for those ready to invest in creating something unique or for residential conversion opportunities.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -47.7% below area average per sq ft

-47.7%
Potential saving
This Property
£120/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£1,051,613
10% above area average per sq ft
Potential ROI
+50.2%
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
42%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +0.8%
5 year growth: +16.9%
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

Main Street, Balderton, Newark, NG24
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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
£1,803
Based on a loan of £375,000 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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