Worst House on the Street Logo
Main Street, Farndon, Newark NG24 - Image 1
Main Street, Farndon, Newark NG24 - Image 2
Main Street, Farndon, Newark NG24 - Image 3

Main Street, Farndon, Newark NG24

East Midlands

£389,950
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1984 sqft

Description

This spacious three-bedroom semi-detached property in the picturesque village of Farndon presents an excellent opportunity for renovation and investment. The home features a versatile layout with two spacious reception areas, a generously sized kitchen complete with a central island and ample storage, and a convenient utility room that includes a walk-in shower and separate WC. Each of the three double bedrooms offers plenty of space, ensuring comfort for family living. A detached double garage with electric doors adds to the property's appeal. With some light updates, particularly in the bathroom and kitchen, this residence could transform into a remarkable family home while capitalizing on its scenic village location with local amenities and transport links nearby. This property is well worth considering for those looking to enhance their living environment or invest in a growing area.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£197/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£501,188
10% above area average per sq ft
Potential ROI
+20.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NG24)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 1.9%
5 year growth: 20.9%
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

Main Street, Farndon, Newark NG24
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,428
Based on a loan of £292,462 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE