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Sibcy Lane, Balderton, Newark

East Midlands

£155,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Detached

Description

This property, available through an online bidding process, presents a promising opportunity for investors or buyers seeking to put their own stamp on a detached house in a sought-after area. Located close to local amenities and educational institutions, this residence stands out as a versatile blank canvas. Inside, the layout features an entrance hall, a spacious bay-windowed lounge, a separate dining room, ground floor bathroom and kitchen. The first floor includes three well-sized bedrooms. Outside, the property is set within an impressive private plot with ample off-street parking options and a detached garage. Additionally, the garden boasts a sizable workshop and offers significant scope for expansion subject to planning permission. The property's external space is generous and could accommodate various landscaping ideas or family needs. Benefiting from uPVC double glazing and gas central heating (with a new boiler fitted in 2017), this home is ready for transformational upgrades that could greatly enhance its value.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Sibcy Lane, Balderton, 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
£553
Based on a loan of £116,250 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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