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

East Midlands

£265,000
Listed on 18/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled on a desirable corner plot in the sought-after area of New Ollerton, this four-bedroom detached house presents an excellent opportunity for those looking to add personal touches and value through renovations. The home is currently presented in a neutral palette, making it an ideal blank canvas for families or investors eager to implement their design vision. Upon entering, you'll find a welcoming hallway leading to a spacious living room with patio doors that connect seamlessly to the rear garden—perfect for indoor-outdoor living. The ground floor features an open-plan kitchen/diner equipped with contemporary fittings and ample space for dining, suitable for both everyday use and entertaining guests. A convenient WC completes this level. On the first floor, each of the four bedrooms is well-sized and finished to a good standard, with the master benefiting from its own en-suite shower room. The family bathroom is modern and functional. Outside, the property boasts off-road parking with a gravel driveway leading to the garage, while the rear garden offers a well-kept lawn and decked area—great for outdoor gatherings. This property not only offers comfortable living but also significant potential for enhancement through strategic renovations that could increase its market value. Whether you’re looking to update key areas or reimagine spaces entirely, this home is primed for transformation in a location that balances convenience with community spirit.

Investment Analysis

(NG22 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG22)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 4.0%
5 year growth: 27.7%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£971
Based on a loan of £198,750 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