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Belvoir Crescent, Newark

East Midlands

£180,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1088 sqft

Description

This semi-detached three-bedroom home presents an excellent opportunity for those looking to invest in a property with significant potential for customization. The substantial frontage includes gated driveway parking suitable for at least two vehicles, with the possibility of expanding this area further. The location is conveniently situated near public transport links and a local store, facilitating easy access to everyday amenities.<br><br>Internally, the property boasts three spacious reception rooms, including a conservatory that opens directly onto the rear garden, providing ample natural light and versatility. While the interior benefits from careful maintenance over the years, there are clear opportunities for modernization to meet contemporary tastes. The welcoming reception hall leads to a comfortable sitting room featuring a gas fireplace and large bay window. Adjacent is a dining room with electric fire, perfect for family gatherings.<br><br>The kitchen is functional but could benefit from an update, showcasing wood-effect cabinetry and essential appliances like a double oven and gas hob. A walk-in pantry adds practical storage solutions. Upstairs, the layout consists of three bedrooms and a family bathroom; the main bedroom offers generous space while the third bedroom has multifunctional potential as a study or nursery.<br><br>The outdoor areas include a sizable front garden and low-maintenance rear garden with patio and astro-turf lawn, ideal for outdoor relaxation or entertaining. Located close to Newark’s vibrant market town center and major transport routes enhances its investment appeal. With vacant possession upon completion, this property is ready for new owners to realize its full potential.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£165/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£274,845
10% above area average per sq ft
Potential ROI
+24.9%
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

Belvoir Crescent, 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
£659
Based on a loan of £135,000 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