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Branston Avenue, Farnsfield, Newark

East Midlands

£235,000
Listed on 28/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1033 sqft

Description

This unique 2-bedroom detached chalet bungalow, constructed in the 1960s, presents an excellent chance for buyers interested in renovation and value enhancement. Set on a spacious plot, it invites cash buyers to envision modern updates that reflect their personal style. The property features a fully boarded loft room equipped with a window and additional loft area, signaling the possibility of creating an extra bedroom and en suite (pending necessary planning approvals). A particularly noteworthy aspect is the expansive rear garden, which not only provides ample outdoor space but also offers significant prospects for extensions or landscaping projects. The front and side areas boast generous off-road parking facilities alongside a detached garage. Offered with no onward chain, this property has been competitively priced to account for required renovations, making it especially attractive to cash purchasers or those with strong financial positions. It stands as an increasingly rare opportunity to acquire a detached home ripe for transformation in a well-established residential area.

Investment Analysis

(NG22 area)

Below Market Value

This property is priced -2.9% below area average per sq ft

-2.9%
Potential saving
This Property
£227/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£266,349
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
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

Branston Avenue, Farnsfield, 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
£848
Based on a loan of £176,250 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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