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Canary Grove, New Ollerton, Newark

East Midlands

£265,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached home, situated on a desirable corner plot in the sought-after area of New Ollerton, presents an excellent opportunity for renovation and investment. With ample space throughout, this property serves as a blank canvas, inviting potential buyers to infuse their personal style and modernize its features. The entrance hallway welcomes you into a bright living room that benefits from patio doors leading to the garden, creating a natural connection between indoor and outdoor spaces. The contemporary open-plan kitchen/diner is functional, yet offers scope for upgrades or redesign to enhance both style and usability. On the upper level, four generously proportioned bedrooms await, including a master suite with its own en-suite shower room. While all bedrooms are currently in good condition, tasteful updates could significantly improve their appeal. The family bathroom is equipped with modern amenities but also allows for customization. Outside, the gravel driveway provides convenient parking access to the garage, while the rear garden boasts a well-maintained lawn and decked area—ideal for potential landscaping projects or additional features. This property not only promises comfortable living but also remarkable potential for transformation into a contemporary family home. With no upward chain, early interest is expected.

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

Canary Grove, New Ollerton, 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
£971
Based on a loan of £198,750 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