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Water Meadows, Worksop S80

Yorkshire

£350,000
Listed on 02/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1119 sqft

Description

This generously-sized three-bedroom detached bungalow is situated in a sought-after area of Worksop and comes with the benefit of no onward chain. While the property requires some updating, it presents a promising opportunity for investment and customization. The home is set on a sizeable plot featuring a secluded rear garden, ideal for gardening enthusiasts. Inside, you'll find an entrance porch leading to a spacious inner hallway, a large lounge/diner that offers direct access to the garden through sliding doors, and a kitchen/breakfast room that connects to an expansive garage (23.10ft x 9.1ft), which holds potential for conversion into additional living space or separate accommodation. The three bedrooms include fitted furniture in two of them, along with a well-appointed four-piece bathroom. Externally, the front boasts block paving providing off-road parking for two vehicles alongside the garage, while the rear offers ample outdoor space with landscaped features including two paved patio areas and a greenhouse. A viewing is essential to fully appreciate this property's potential.

Investment Analysis

(S80 area)

Above Market Value

This property is priced +69.5% above area average per sq ft

+69.5%
This Property
£313/sq ft
Area Average
£185/sq ft
Avg Rent (weekly)
£168
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£227,101
10% above area average per sq ft
Potential ROI
-41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (S80)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 0.7%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on S80 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

Water Meadows, Worksop S80
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 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.

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