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Wyke Lane, Farndon, Newark

East Midlands

£220,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This detached chalet bungalow in Farndon presents a unique opportunity for those seeking a spacious property with considerable renovation potential. Nestled in a tranquil area, this home offers over 1,200 square feet of adaptable living space, including a large lounge, separate dining room, and a roomy kitchen equipped with a pantry. The ground floor features a sizable double bedroom and bathroom, while the first floor accommodates two additional bedrooms, including an expansive master with built-in storage. The outdoor space boasts an extensive driveway suitable for multiple vehicles, as well as both an attached carport and detached garage. The rear garden is primarily laid to lawn and provides ample scope for personalisation and landscaping projects. With gas central heating and uPVC double glazing already in place, this property is ready for your creative vision while also being conveniently located near local amenities and picturesque riverside walks.

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 - £40,000
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

Wyke Lane, 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
£793
Based on a loan of £165,000 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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