London Road, Balderton, NG24
East Midlands
£290,000
Listed on 14/10/2026
Listed on 14/10/2026
The listing
Property details
Bedrooms
4Type
DetachedArea
1616 sqftFeatures
- Garden
- Parking
Description
This four-bedroom detached Victorian house in Balderton offers approximately 1,616 sq ft of accommodation and is marketed with no onward chain. The layout includes an entrance porch and hallway, a lounge with bay window and gas fireplace, a separate dual-aspect dining room, a fitted kitchen and a conservatory. A rear hall connects to a ground-floor WC and separate shower room. Upstairs are four bedrooms and a family bathroom. Gas central heating and uPVC double glazing are stated, and the EPC rating is E.
The house stands on a generous plot with a gravel driveway across the front and side, providing off-street parking, and a substantial rear garden with lawn and paved seating areas. The listing describes scope to modernise and extend. A two-storey dwelling was granted planning permission on the plot in 2008, but that permission has lapsed; any future development would require fresh planning approval and feasibility checks.
Balderton amenities are described as being within walking distance, with Newark town centre and the A1 accessible nearby. The property is offered by Newton Fallowell, Newark.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
73out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £290,000, this substantial Victorian detached house is priced at £179 per sq ft, well below the local average of £231 — a clear opportunity to acquire over 1,600 sq ft and make the dated interiors your own. The lounge, bedrooms and kitchen show scope for a cosmetic refresh, while the older bathroom and shower-room finishes offer further improvement potential. The visible exterior appears broadly intact, and the large garden, mature boundaries and multiple living spaces give the project plenty to work with.
The £35,000–£65,000 renovation range puts the midpoint-based purchase-plus-works figure at £340,000, compared with an implied current local-average value of £373,215; that is a useful indication of the economics, not a GDV or a guaranteed resale margin. The generous plot and lapsed historic permission for an additional dwelling may merit investigation, but any future development would depend on fresh planning and feasibility.
Key opportunities
- Acquire over 1,600 sq ft at £179 per sq ft, below the £231 local average.
- Refresh the dated interior finishes and update the kitchen and bathroom areas to suit a new owner.
- Make the most of the substantial garden and investigate the plot’s potential, noting the historic additional-dwelling permission has lapsed.
Key risks
None recorded.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,096
Based on a loan of £217,500 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.
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