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Barnby Road, Newark, NG24

East Midlands

£475,000

Listed on 29/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2737 sqft

Description

Nestled on an expansive plot just outside the vibrant town centre of Newark, this detached residence presents a remarkable opportunity for homeowners and investors alike. With its strategic location near Barnby Road Academy Primary School and local amenities, the property is ideal for those looking to capitalize on its potential. The versatile layout features a welcoming entrance porch leading to an inviting hallway with ample storage. The ground floor offers a spacious dual-aspect lounge, a large sunroom with direct access to the rear garden, and flexible rooms that can serve as additional bedrooms or a home office. The kitchen is functional, featuring ample storage, and opens into a dining area perfect for family gatherings. Upstairs, two generously sized double bedrooms share a convenient shower room. Outside, the property boasts a U-shaped driveway providing multiple off-street parking options and leading to both a double garage equipped with power and light and an attached hobby room. Additionally, the garden offers seclusion with various landscaped areas including a large entertaining space and wild garden with well-established flora. This home not only has existing structures but also has significant potential for extensions or further development subject to planning permissions. With gas central heating and UPVC double glazing already in place, it’s ready for modern touches that will enhance its appeal while retaining its charm.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£174/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£182
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£698,482
10% above area average per sq ft
Potential ROI
+30.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +1.3%
5 year growth: +14.2%
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

Barnby Road, Newark, NG24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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.

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