2-bedroom flat · NG22 9WL
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern ground-floor apartment in a popular development.
This spacious and modern ground-floor apartment is ideally situated within a popular residential development, close to the amenities of Ollerton and offering excellent transport links.
The apartment is ready to move straight into and has been immaculately presented throughout, with tasteful décor and a light, contemporary feel.
The accommodation centres around a bright and airy open-plan kitchen, dining and living area, with dual-aspect windows flooding the room with natural light.
The modern kitchen is fitted with integrated appliances and benefits from a useful island with breakfast bar.
There is plenty of space for dining, entertaining and relaxing, creating a sociable and versatile living space.
There are two generously sized bedrooms, including a master bedroom with its own en-suite shower room, together with a well-appointed main bathroom fitted with a white suite.
Outside, the property benefits from an allocated parking space and access to a communal grassed area.
Ollerton offers a good range of everyday amenities, including shops, supermarkets, cafés, schools and leisure facilities, while the surrounding area provides plenty of opportunities for countryside walks and outdoor activities.
The town is also well placed for access to the A614 and surrounding Nottinghamshire towns, making it a convenient location for commuters.
An ideal home for first-time buyers, couples or investors, this well-presented apartment offers modern, low-maintenance living in a convenient location.
Entrance Hall Open Plan Living Kitchen Area (18' 7" x 17' 9") Bedroom One (11' 1" x 10' 2") En-Suite (6' 9" x 6' 9") Bedroom Two (10' 9" x 8' 0") Bathroom (6' 4" x 6' 3") Outgoings Council Tax Band A Property Tenure Leasehold with vacant possession.
999 year lease- 980 years left. Management Fee - 2 x payments twice a year of £450 in January & July £100 maintenance per annum Room Measurements All dimensions are approximate.
There may be some variation between imperial and metric measurements for ease of reference. Dimensions should not be used for fitting out. Viewings Contact Gascoines Southwell for more information.
Money Laundering Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, Gascoines require any successful purchasers proceeding with a purchase to provide two forms of identification i.e.
Passport or photocard driving license and a recent utility bill. This evidence will be required prior to Gascoines instructing solicitors in the purchase or the sale of a property.
Consumer Protection Gascoines Chartered Surveyors, on its behalf and for the vendor of this property whose agents they are, give notice that: (i) The particulars are set out as a general outline only for guidance of intending purchaser and do not constitute, nor constitute part of, an offer or contract.
(ii) All descriptions, dimensions, references to condition and necessary permissions for and occupation, and other details are given in good faith and are believed to be accurate, but any intending purchaser or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
All photographs are historic. Maps and plans are not to scale.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 62 Newark Court,, Goodwill Road, Newark
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