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Cliff Nook Lane, Newark, Nottinghamshire, NG24 1LY - Image 1
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Cliff Nook Lane, Newark, Nottinghamshire, NG24 1LY

East Midlands

£100,000
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This spacious three-bedroom terraced property is located in a sought-after town centre area, just a short walk from Newark's main line station. With its generous living spaces, including a lounge, separate dining room, and kitchen on the ground floor, this home offers great potential for renovation and value enhancement. Additionally, there are two cellar rooms that could be converted into extra living space, maximizing the property's utility. The first floor houses three well-proportioned bedrooms along with a bathroom. While it currently features gas central heating and UPVC double glazing, the property does require some modernisation to fully realize its potential. Outside, you will find a private passage leading to an enclosed rear garden with an outbuilding. This property comes with no onward chain, making it an attractive option for investors or those looking to create their ideal home.

Investment Analysis

(NG24 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£188
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Cliff Nook Lane, Newark, Nottinghamshire, NG24 1LY
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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
£357
Based on a loan of £75,000 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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