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Strawberry Hall Lane, Newark

East Midlands

£200,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1211 sqft

Description

This detached two-bedroom bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled within a substantial plot, it offers ample outdoor space, including a sizable driveway and an appealing rear garden adorned with mature plants and ornamental ponds. While the interior requires some modernization, the existing layout boasts a lounge, kitchen, conservatory, two double bedrooms, and a shower room—all well-proportioned and full of possibility. The property's positioning allows for easy access to local amenities and transport links, making it convenient for commuting or enjoying nearby shops and schools. Buyers can not only personalize their living space but also explore options for future extensions or enhancements in this desirable East Midlands location.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£165/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£188
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£307,915
10% above area average per sq ft
Potential ROI
+36.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Strawberry Hall Lane, 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
£714
Based on a loan of £150,000 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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