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Mickledale Lane, Bilsthorpe, Newark NG22

East Midlands

£150,000

Listed on 16/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
839 sqft

Description

This semi-detached house presents a unique opportunity for renovation and extension, making it an appealing prospect for first-time buyers or investors looking to increase value. The property features a functional layout comprising an entrance hall, a spacious lounge, and an expansive kitchen/dining area that offers the potential for modernisation. The first floor hosts three bedrooms along with a compact shower room. Externally, the property boasts side access to a fully enclosed garden, complete with a garage and shed, providing ample space for outdoor enhancement or landscaping. Located in Bilsthorpe, this home enjoys proximity to local amenities such as shops, schools, and pubs, alongside excellent transport links to Nottingham and beyond. The surrounding area is rich in recreational opportunities with nearby national parks and family attractions. This home offers not only immediate comfort but also significant future potential with the right renovations.

Investment Analysis

(NG22 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£179/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£223,942
10% above area average per sq ft
Potential ROI
+28.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NG22)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +2.7%
5 year growth: +20.2%
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

Mickledale Lane, Bilsthorpe, Newark NG22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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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