London Road, Balderton, Newark, Nottinghamshire, NG24
By PYGOTT & CRONE COMMERCIAL
£ 75,000
Reviews
2 out of 5 stars
PYGOTT & CRONE COMMERCIAL says ..
Modern Method Of Auction - T & C's Apply ** NO ONWARD CHAIN AND SOLD WITH VACANT POSSESSION **
Property Oracle says ..
This property is a three-bedroom terraced house located in Balderton, Newark. The location is convenient, with nearby schools (including The Newark Academy and Chuter Ede Primary School, both rated as “Good” or “Outstanding”) and train stations (Newark North Gate and Newark Castle). However, the property itself requires significant renovation. The images show that the interior needs updating, and the garden is overgrown. While the list price of £75,000 is significantly below the average price for the area (£279,500), this is likely due to the property’s condition. The average price per square foot in the area is £243, but this data is not very useful in this case, as the property needs a lot of work. Given its condition and the need for extensive renovations, the price may still be reasonable for someone looking for a project.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 793.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 204,238.00 £Decreased by 16.00 %
- Est sale value
- 291,824.00 £Increased by 60.00 %
- Average area rental value
- 1,100.00 £/moIncreased by 20.22 %
- Est letting value
- 793.00 £/mo
- Est rental Yield
- 6.46 %Increased by 42.92 %
- Crime Rate
- 35.00 %Unchanged by 0.00 %
Agent Activity
PYGOTT & CRONE COMMERCIAL marked this listing as sold.
PYGOTT & CRONE COMMERCIAL created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| John Hunt Academy | Academy Converter | 0.49 KM | |
| The Newark Academy | Academy Sponsor Led | Good | 0.81 KM |
| Chuter Ede Primary School | Community School | Outstanding | 0.83 KM |
| Newark Orchard School | Community Special School | Good | 1.00 KM |
| Hope House School | Other Independent Special School | Inadequate | 1.42 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wesley Close | £ 485,000 | 0 | 0.00 KM |
| Belvoir Place | £ 0 | 0 | 0.00 KM |
| Howard's Gardens | £ 0 | 0 | 0.00 KM |
| Tennyson Road | £ 0 | 0 | 0.00 KM |
| Barkston Close | £ 220,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark North Gate | 6499 | NNG | 3.38 KM |
| Newark Castle | 6498 | NCT | 4.19 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| London Road, Balderton, Newark, Nottinghamshire, NG24 | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| London Road, Balderton, Newark, Nottinghamshire, NG24 | £ 75,000 | BUY | 5 / 10 | 0.01 KM |
| London Road, Balderton, Newark | £ 210,000 | BUY | 6 / 10 | 0.05 KM |
| London Road, Balderton, Newark | £ 595,000 | BUY | 8 / 10 | 0.10 KM |
| London Road, New Balderton, Newark | £ 350,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 196 London Road | £ 240,000 | 0.03 KM |
| 202 London Road | £ 200,000 | 0.03 KM |
| 212 London Road | £ 125,000 | 0.03 KM |
| 228 London Road | £ 135,000 | 0.03 KM |
| 214 London Road | £ 167,500 | 0.03 KM |