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Cranmer Road, Newark

East Midlands

£115,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents a valuable opportunity for renovation in the desirable area of Newark. While the property is currently in need of modernisation, it features a substantial lounge and a dining kitchen, providing a solid foundation for reconfiguration and updates. The upstairs layout includes three bedrooms and a bathroom, offering ample space for families or as rental potential. A generous south-facing rear garden enhances outdoor space possibilities, while UPVC double glazing and gas central heating add to the property's appeal. Off-street parking potential adds further investment value. Given its location in a vibrant market town with excellent transport links and local amenities, this property holds considerable promise for those looking to invest or create their ideal home.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Cranmer Road, 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
£415
Based on a loan of £86,250 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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