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Walesby Lane, Newark, NG22

East Midlands

£160,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Located in the sought-after area of Ollerton, this three-bedroom property presents a fantastic opportunity for buyers seeking to create their ideal home. The house features a neutral colour palette throughout, ensuring a bright and airy atmosphere that invites personalization. The spacious layout includes two sizable double bedrooms complemented by a versatile third room, suitable for use as a nursery, home office, or guest accommodation. Outside, the property offers ample parking space for several vehicles along with a garage, enhancing convenience and providing additional storage options. With its inherent potential for customization and value enhancement, this home is an intriguing prospect for those keen on making renovations.

Investment Analysis

(NG22 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NG22)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +3.0%
5 year growth: +21.0%
Investment Disclaimer: Analysis based on NG22 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

Walesby Lane, Newark, NG22
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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
£577
Based on a loan of £120,000 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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