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Belvoir Crescent, Newark NG24

East Midlands

£180,000
Listed on 23/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1088 sqft

Description

This semi-detached three-bedroom residence presents a valuable opportunity for those looking to invest in a home with spacious interiors and excellent outdoor amenities. The property features a substantial front yard complete with gated driveway parking for multiple vehicles, coupled with the potential to expand this area further if desired. Situated conveniently near bus stops and a local convenience store, everyday errands and commuting are easily manageable. Internally, the house comprises three ample reception rooms, including a conservatory that opens directly onto the rear garden, providing an inviting space ideal for entertaining or relaxing. While some areas of the interior may benefit from modernization, the home has been well cared for over the years and offers an excellent foundation for those wishing to personalize their living space. The main entry leads into a welcoming hallway with practical storage solutions. The primary sitting room boasts a gas fireplace and large bay window that floods the space with natural light. Adjacent lies a dining room with enough room for family gatherings, complete with a Radiant electric fire to create an inviting atmosphere. The kitchen is functional yet straightforward, featuring wooden cabinetry and essential appliances such as a double oven and integrated four-ring gas hob. Additional storage is available through both a fitted cupboard and walk-in pantry beneath the stairs. Upstairs, the central landing accesses three bedrooms and a family bathroom. The front-facing double bedrooms offer good proportions while the third bedroom serves as a versatile space suitable for various uses including office or nursery. The bathroom includes essential fixtures but shows promise for contemporary upgrades. Externally, the rear garden provides both patio space for relaxation and low-maintenance astro-turf lawn surrounded by hedges for privacy. A shed adds practical storage outside. Located in Newark—known for its historical market town charm—this property benefits from proximity to significant transport links making it an attractive investment opportunity in need of some thoughtful updates.

Investment Analysis

(NG24 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£165/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£274,845
10% above area average per sq ft
Potential ROI
+30.9%
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

Belvoir Crescent, Newark NG24
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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
£659
Based on a loan of £135,000 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