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Redlands, Longfellow Drive, Balderton, Newark - Image 1
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Redlands, Longfellow Drive, Balderton, Newark

East Midlands

£230,000

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This spacious detached bungalow presents a fantastic opportunity for those looking to invest in a property with significant renovation potential. Positioned in a sought-after residential area, this home is ideally located near local amenities and transport links. The layout offers a versatile space, including an expansive 18ft dining kitchen, separate utility room, and two well-sized bedrooms, along with both a sitting/dining room that opens to a private paved area and a large lounge. The generous plot features a block-paved driveway leading to an integral garage that could be repurposed into additional living space, subject to the necessary planning approvals. The rear garden is particularly noteworthy, providing ample room for extension or creative landscaping ideas. With essential features such as double glazing and gas central heating already in place, this property is ready for the next owner to inject their personal touch and capitalize on its investment potential.

Investment Analysis

(NG24 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£182
Avg Yield
3.8%

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
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

Redlands, Longfellow Drive, Balderton, Newark
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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
£869
Based on a loan of £172,500 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.

Stamp Duty Calculator

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