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Canary Grove, New Ollerton, Newark NG22 - Image 1
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Canary Grove, New Ollerton, Newark NG22

East Midlands

£260,000
Listed on 17/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached home, positioned on a desirable corner plot in New Ollerton, presents an exciting opportunity for those looking to invest in a spacious family residence with potential for personal customization. The property boasts a neutral palette throughout, providing a versatile foundation for renovations. Upon entering, you are welcomed by a bright hallway leading into a generous living room featuring patio doors that seamlessly connect the indoor space to the rear garden—ideal for both relaxation and entertaining guests. The ground floor hosts a practical open-plan kitchen/diner equipped with ample dining space and practical features, as well as a separate utility area. While the current kitchen is functional, there is considerable scope for modern upgrades that can enhance both aesthetic appeal and value. Moving upstairs, you will find four well-proportioned bedrooms including a master suite with its own en-suite shower room. The remaining bedrooms offer comfortable accommodations serviced by a family bathroom. Each bedroom is currently in good condition but allows for further updates if desired. Externally, the property benefits from off-road parking via a gravel driveway and an enclosed garden featuring both lawn and decked areas—perfect spaces to remodel into an outdoor oasis or extend further if planning permits. This home holds tremendous renovation potential within a vibrant community setting, making it an appealing choice for families or investors alike.

Investment Analysis

(NG22 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (NG22)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +3.0%
5 year growth: +21.0%
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

Canary Grove, New Ollerton, Newark NG22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£938
Based on a loan of £195,000 over 30 years at 4.06% 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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