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Cherry Holt, Newark

East Midlands

£150,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
943 sqft

Description

This property offers a prime opportunity for transformation into a modern family residence. Situated on a spacious plot with side access for parking, there is potential for expansion with the necessary permissions. The first floor includes an entrance lobby leading to a generous lounge-diner that provides ample natural light. The kitchen, featuring ample wall and base units, has an adjacent store room that holds promise as a utility area or additional storage solution. Upstairs, you'll find three well-sized bedrooms and a wet room, currently functional but ripe for updating to enhance comfort and convenience. Being sold with no upward chain, this property invites buyers to envision their dream home through thoughtful renovations tailored to personal preferences. Its location in Newark-on-Trent allows residents to enjoy rich history and community amenities while providing easy access to transport links.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£159/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£238,268
10% above area average per sq ft
Potential ROI
+25.4%
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
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

Cherry Holt, Newark
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 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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