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Richard Street, Retford

Yorkshire

£50,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This traditional terraced house presents an excellent opportunity for investors or those looking to create their ideal home in an established area. Currently laid out over two floors, the ground floor comprises a sitting room, dining room, kitchen, utility lobby, and bathroom, while the first floor features three bedrooms (including one non-private). While the property requires modernisation, it offers significant potential for refurbishment to enhance functionality and aesthetic appeal. Externally, there is a front forecourt and a rear yard with a storage facility. Conveniently located just off London Road, the property benefits from easy access to local amenities in Retford town centre as well as nearby countryside for leisure activities. With excellent transport connections via the A1(M) and direct train services to London Kings Cross (approximately 1.5 hours), this property not only provides a comfortable living space but also promises future value growth through renovations.

Investment Analysis

(DN22 area)
Area Average
£210/sq ft
Avg Rent (weekly)
£178
Avg Yield
3.2%

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
37
Average per month
Market Turnover
76%
Properties sold annually

Local Market Trend (DN22)

Area prices are falling by -5.7% over the last 12 months
3 year growth: -2.3%
5 year growth: +11.8%
Investment Disclaimer: Analysis based on DN22 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

Richard Street, Retford
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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
£180
Based on a loan of £37,500 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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