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Lowfield Lane, Balderton

East Midlands

£170,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached property presents an excellent opportunity for those looking to invest in a project that offers substantial potential for modernisation. Situated on a corner plot in Balderton, the home benefits from its proximity to local amenities and convenient access to the A1 and Newark town centre. The layout includes an entrance hallway leading to a dual-aspect lounge featuring an open fire, as well as a breakfast kitchen. The first floor comprises three generously sized bedrooms alongside a wet room. Notably, the exterior offers wrap-around gardens primarily laid to lawn, complemented by several outbuildings that could be transformed into additional living space or storage, pending necessary permissions. With gas central heating and UPVC double glazing already in place, this property is primed for renovation while remaining livable in its current state.

Investment Analysis

(NG24 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Lowfield 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
£623
Based on a loan of £127,500 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