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Oak Avenue, Farndon, Newark NG24

East Midlands

£195,000

Listed on 25/05/2026

Property Details

Bedrooms
3
Type
End Terrace

Description

This three-bedroom property in the sought-after village of Farndon offers a blank canvas for buyers eager to add their personal touch. The spacious layout features generous room sizes, making it an advantageous choice for first-time buyers or families looking to expand. It includes an inviting lounge with a large window that floods the space with light, and a kitchen-diner that can be transformed into a modern family hub. A utility room adds functionality to the ground floor, while the bathroom and separate WC are ready for updates. Outside, the rear garden provides a peaceful retreat, backing onto pavilion sports fields for added privacy. This property is surrounded by local amenities such as a primary school, shops, and scenic riverside walks, ensuring convenient living while being only three miles from Newark's broader shopping options. With some strategic renovations, this home has significant potential for increased value and personalisation.

Investment Analysis

(NG24 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£188
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG24)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -0.4%
5 year growth: +14.6%
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

Oak Avenue, Farndon, Newark NG24
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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
£696
Based on a loan of £146,250 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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