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Hounsfield Close, Newark

East Midlands

£100,000

Listed on 14/07/2026

Property details

Bedrooms
1
Type
Town House
Area
345 sqft

Description

This one-bedroom quarter house presents an excellent opportunity for those looking to invest in a property that they can personalize. Situated in a tranquil cul-de-sac, it offers easy access to the A1 and Newark town centre, alongside mainline railway stations. The layout begins with an entrance hall leading to a bathroom, while light pours into the open-plan living space through double-height ceilings and Velux windows, enhancing the overall ambiance. The kitchen is functional but requires modern updates, providing ample space for appliances. The upper-level mezzanine bedroom overlooks the living area and features a built-in wardrobe. Outdoors, an enclosed private garden invites creativity for potential landscaping or relaxation areas, complemented by allocated off-road parking. Overall, this property needs modernization throughout but stands as a promising chance to increase value and make it your own.

Investment analysis

(NG24 area)

Above Market Value

This property is priced +25.5% above area average per sq ft

+25.5%
This Property
£290/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£183
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£87,646
10% above area average per sq ft
Potential ROI
-29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -0.6%
5 year growth: +10.5%
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

Hounsfield Close, 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
£378
Based on a loan of £75,000 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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