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See how verdicts work2-bedroom flat · NG24 1NW
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NO CHAIN ** Beautifully presented first floor apartment in this small block close to the centre of town. Comprising modern fitted kitchen, lounge, 2 double bedrooms and shower room.
Accessed via a shared street door with a downstairs area which can be used as storage or a cloakroom. Gas central heating and double glazed throughout.
Within walking distance of Newark on Trent town centre and all local amenities including Newark Northgate and Castlegate Train Stations, London Kings X is just an hour and 11 minutes away.
Private allocated parking space and share of the freehold make this very attractive to first time buyers and investors, with a long lease and low service charges and potential rental returns of around 8.5%.
Kitchen 10' 10" x 8' 6" (3.3m x 2.6m) Modern fitted kitchen with high shine white cabinets, wooden worktop and wood effect flooring. Electric oven and hob.
Rear facing window overlooking the communal gardens Lounge 15' 1" x 11' 10" (4.6m x 3.6m) Front facing living room with large bay window.
Tastefully decorated with wood effect flooring and dark wood panelled door to the hallway.
A bioethanol fireplace adds to the cosy feel of the room Bedroom 1 11' 10" x 8' 6" (3.6m x 2.6m) Double bedroom with window overlooking the front of the building.
Wood effect flooring and textured wall paper. Dark wood, modern panelled door Bedroom 2 11' 10" x 8' 6" (3.6m x 2.6m) Double bedroom with front facing window.
Dark wood effect flooring and matching panelled door.
Mirrored wardrobes Shower Room 8' 6" x 5' 11" (2.6m x 1.8m) Beautiful modern shower room with half mirrored shower cubicle, white WC and basin and wall mounted cabinet.
Wood effect shower board dark wood effect flooring. Also contains plumbing for washing machine.
Hallway 11' 10" x 3' 3" (3.6m x 1m) Hallway with dark wood effect flooring, and textured wallpaper, giving access to the lounge, both bedrooms, the bathroom and a large storage closet.
The front door of the flat opens onto the communal staircase which is accessed by a private street door.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About St. Georges Court, Newark, Nottinghamshire, NG24
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