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Fosse Road, Farndon, Newark

East Midlands

£240,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This extended detached home offers a unique opportunity for buyers looking to create their ideal living space. Situated on the outskirts of Newark Town Centre in a sought-after village, this property serves as a blank canvas for renovation enthusiasts. The house sits on a generous 0.17-acre plot, allowing for potential future extensions (pending planning permission). The internal layout features an entrance hall leading into a spacious dual-aspect lounge, a large kitchen with walk-in pantry, an expansive dining room, utility room, and a convenient ground floor W.C. Upstairs are three well-proportioned bedrooms along with a shower room and separate W.C., with two of the bedrooms benefitting from fitted storage. Outside, both the front and rear gardens present ample scope for landscaping or additional parking options. The substantial multi-vehicle driveway at the rear enhances practicality while double glazing and gas central heating add to the comfort of this property. With its attractive location close to amenities and countryside walks, this home is perfect for those looking to invest in a project that promises significant potential.

Investment Analysis

(NG24 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.6%
5 year growth: +15.0%
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

Fosse Road, Farndon, Newark
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 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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