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Stanhope Avenue, Newark

East Midlands

£130,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
781 sqft

Description

This three-bedroom semi-detached home is nestled in a well-established residential neighborhood, approximately one mile from Newark's vibrant town center. The property presents a promising opportunity for those eager to undertake a renovation project, with ample space to modernize according to personal taste. The layout features an entrance hallway that leads to a bright living room and a kitchen equipped with wall and base units. A practical porch area connects the kitchen to the enclosed rear garden, which boasts established greenery and generous outdoor space. On the ground floor, you'll find separate facilities for the bathroom and W.C., while the first floor accommodates three bedrooms offering flexibility for families or potential rental income. The exterior includes a small garden at the front and off-road parking via a shared concrete driveway leading to a detached single garage. While the property benefits from gas central heating and uPVC double glazing, it will require updating throughout to reach its full potential. Situated in Newark, renowned for its excellent transport links, amenities, and reputable schools, this home is ideally located for both commuting professionals and families alike.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£166/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£188
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£198,581
10% above area average per sq ft
Potential ROI
+16.8%
After renovation
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
15%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.6%
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

Stanhope Avenue, Newark
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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
£464
Based on a loan of £97,500 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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