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Hawton Lane, New Balderton, Newark

East Midlands

£185,000

Listed on 09/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This generously proportioned three-bedroom semi-detached home presents an excellent opportunity for those looking to invest in a property with significant renovation potential. Ideally located near local amenities, the house features an entrance hall leading to a lounge and a dining room, both ready for modern touches. The kitchen, although functional, could benefit from an upgrade to create a more contemporary space. A lean-to conservatory adds versatility for additional living space or could be reimagined as part of an open-plan design. Upstairs, three well-sized bedrooms and a family bathroom provide ample accommodation, inviting reconfiguration to suit personal needs. The property is enhanced by a private garden area, which will soon be enclosed with new fencing as part of ongoing developments in the vicinity. There's also scope to modify the internal layout; for example, removing an internal wall could effectively expand the living area into a sprawling living/dining kitchen configuration. Additionally, the proximity to reputable schools and supermarkets adds further appeal for families or potential renters. With gas central heating and double glazing already installed, any refurbishment efforts can focus on decorative improvements and layout alterations to maximize the property's value.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Hawton Lane, New 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
£699
Based on a loan of £138,750 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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