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Bracken Road, Morton

East Midlands

£190,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
821 sqft

Description

This semi-detached two-bedroom property is situated in a tranquil rural setting, offering an excellent opportunity for those looking to invest or renovate. The property features two generously sized double bedrooms, a well-proportioned lounge with dual aspect windows, and a breakfast kitchen that provides ample scope for modernisation. The first-floor bathroom, while functional, could benefit from an update to meet contemporary standards. Set on a substantial plot with extensive gardens both front and rear, there is plenty of outdoor space for potential landscaping or extension (subject to planning). Off-road parking adds further convenience. With double glazing and oil-fired central heating already in place, this home is ready for its next chapter. The property is being sold with no onward chain, making it an ideal candidate for renovation enthusiasts or investors seeking a project in this desirable location. Located conveniently near the A46 and A1 dual carriageways, it offers easy commuting options to Newark, Lincoln, and Nottingham. Local amenities are within reach in nearby villages, providing essential services as well as recreational options. This property presents a promising opportunity to create a delightful home tailored to your preferences.

Investment Analysis

(LN6 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£231/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£221,982
10% above area average per sq ft
Potential ROI
+0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +2.1%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on LN6 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

Bracken Road, Morton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£678
Based on a loan of £142,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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