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Worthington Road, Balderton, Newark

East Midlands

£125,000
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This property represents a promising opportunity for buyers looking to create a personalized living space. Located in a sought-after cul-de-sac, it is conveniently positioned near local amenities, schools, and transport links including easy access to major roads such as the A1 and A46. The home features a functional layout that includes a porch, entrance hall, kitchen, and a spacious lounge/diner, along with two bedrooms and a three-piece bathroom on the first floor. The outdoor area boasts a well-sized rear garden and comes with the added bonus of a single garage with an adjacent parking space. While the property currently requires renovation, it presents an excellent canvas for those seeking to implement their own style and upgrades. Key elements such as electric heating via storage heaters and wooden double glazing are already in place, but further modernization could enhance both comfort and efficiency. This property is being sold with no onward chain, making it an attractive prospect for investors or first-time buyers eager to take on a rewarding project.

Investment Analysis

(NG24 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.8%

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
60
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +0.8%
5 year growth: +16.9%
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

Worthington Road, Balderton, Newark
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£451
Based on a loan of £93,750 over 30 years at 4.06% 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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