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Tuxford Road, Boughton, Newark, Nottinghamshire, NG22

East Midlands

£280,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1025 sqft

Description

This detached bungalow, situated on a generous plot, presents an excellent opportunity for those looking to invest in a property with considerable potential. Offering single-level living, this home is designed for versatility, catering to a variety of lifestyles and future needs. The layout includes three spacious bedrooms and a modern family bathroom, complemented by a welcoming entrance hall that flows into the expansive lounge. The lounge is flooded with natural light and features French doors that lead directly into the garden, creating an inviting space for relaxation or entertaining guests. The kitchen is large enough to accommodate both cooking and dining, and it comes with the added advantage of a separate utility room for extra convenience and storage solutions. Outside, the property truly shines—set on a sizeable plot with plenty of outdoor space perfect for gardening or personal retreats, complete with a detached garage and sufficient off-road parking. While currently in good condition, the true value lies in its potential for extension or redevelopment (subject to planning permissions), making it an enticing prospect for buyers interested in enhancing the property over time. Located in a desirable area of the East Midlands, this bungalow combines comfortable living with significant investment potential. An early viewing is recommended to fully appreciate both the existing amenities and future possibilities.

Investment Analysis

(NG22 area)

Above Market Value

This property is priced +12.6% above area average per sq ft

+12.6%
This Property
£273/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£273,588
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NG22)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +2.7%
5 year growth: +20.2%
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

Tuxford Road, Boughton, Newark, Nottinghamshire, NG22
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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
£999
Based on a loan of £210,000 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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