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The Markhams, New Ollerton, Newark

East Midlands

£170,000

Listed on 13/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached home in New Ollerton presents an excellent opportunity for those looking to invest in a property with potential for further enhancement. While the house has undergone significant improvements, including double-glazed windows and an upgraded heating system, there remains room for personalization to elevate its appeal or functionality. The property features spacious rooms with ample natural light, a well-designed kitchen, and a cozy living area that leads out to a private garden space. With three versatile bedrooms and a modern family bathroom, it’s ideal for families or as a rental investment. The area is well-served by local amenities, schools, and transport links, making it both practical and desirable. This residence not only provides immediate comfort but also invites creative renovation ideas to suit individual tastes or to increase property value over time.

Investment Analysis

(NG22 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NG22)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +0.6%
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

The Markhams, New Ollerton, 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
£642
Based on a loan of £127,500 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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