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Petersmith Crescent, Ollerton

East Midlands

£140,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house in a peaceful cul-de-sac in New Ollerton presents an exciting opportunity for buyers with renovation aspirations. With no upward chain, this property is prime for a fresh vision. The layout features a generous living room with a traditional brick fireplace, spacious kitchen/diner that could be modernized to suit contemporary tastes, and ample sleeping quarters across three well-proportioned bedrooms. The family bathroom, while functional, offers scope for updates to enhance comfort and style. Externally, the front garden is enclosed, while the large rear garden provides a private outdoor space that could be transformed into a delightful retreat. This residence is well-suited for both first-time buyers eager to make their mark and investors looking to capitalize on its potential.

Investment Analysis

(NG22 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG22)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 4.0%
5 year growth: 27.7%
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

Petersmith Crescent, Ollerton
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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
£513
Based on a loan of £105,000 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