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William Street, Newark NG24

East Midlands

£145,000

Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Located in a desirable residential area, this two-bedroom mid-terrace house presents a significant opportunity for renovation and modernization. Ideal for investors or first-time buyers, this property provides a solid foundation for creating a contemporary living space. The lounge (3.64m x 3.44m) is a welcoming front room that benefits from ample natural light through its large window. Its character is enhanced by a decorative fireplace and traditional wooden flooring, making it an appealing starting point for updates. Adjacent to the lounge is the dining room (3.61m x 3.05m), which boasts practical access to the cellar and features a charming fireplace recess, offering further potential for aesthetic improvements and enhanced functionality. The kitchen (2.93m x 3.16m) is positioned at the rear of the property, featuring sufficient wall and base units along with tiled flooring for practicality. The space is bright thanks to large windows and a glazed door that leads directly to the rear garden — perfect for those looking to create an outdoor entertaining area. Moving upstairs, the main bedroom (3.45m x 3.71m) is generously sized, providing abundant natural light, and includes a period-style fireplace as a focal point alongside built-in wardrobe storage. The second bedroom (3.28m x 3.90m) offers charming sloped ceilings and skylight windows that contribute to its cozy atmosphere; this versatile space can be tailored to various uses such as an office or guest room. A well-appointed bathroom (2.21m x 1.43m) featuring contemporary styling with full-height tiling enhances practicality while adding style with its freestanding claw-foot bath. Additionally, there’s a smaller bedroom/study (3.04m x 1.58m) on the top floor, suitable for multiple functions including as an office or nursery, complemented by natural light and convenient access to the bathroom.

Investment Analysis

(NG24 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£182
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +1.3%
5 year growth: +14.2%
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

William Street, Newark NG24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£548
Based on a loan of £108,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

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