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Queen Street, Balderton, Newark

East Midlands

£215,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1173 sqft

Description

Situated in the desirable area of Balderton, this semi-detached home presents a promising opportunity for renovation and investment. The property, characterized by the popular 'Fosters' design, is conveniently located near essential amenities and schools, offering both suburban peace and urban accessibility. While the home has been cherished over the years, it would benefit from some modernization, allowing potential buyers to infuse their personal style and potentially increase its market value. The layout includes an entrance porch, ground floor W.C., a spacious dual-aspect living room, an open-plan dining kitchen with a conservatory, and three well-sized bedrooms on the first floor along with a family bathroom. Externally, there's a multi-vehicle driveway leading to an integral garage and a fully enclosed rear garden that holds plenty of potential for landscaping or outdoor enhancements. With uPVC double glazing and gas central heating already in place, this property is marketed with no onward chain, making it an ideal choice for families looking to create their dream home.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£183/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£296,317
10% above area average per sq ft
Potential ROI
+20.9%
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

Queen Street, Balderton, 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
£788
Based on a loan of £161,250 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