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See how verdicts work4-bedroom terraced house · NG24 3RU
For saleReduced £9.9k (−3.8%) on 21 JunListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin & Co are delighted to market this four bedroom town house in the ever popular location of Fernwood.
The ground floor benefits from one bedroom and a home office room, utility room and shower room.
Located on the first floor is a generous sized kitchen/diner which further benefits from a balcony, this will be great for warmer weather.
Remaining on the first floor there is a large living area with significant built in storage.
Heading to the second floor you will find 3 further bedrooms one of which has an ensuite with 2 benefiting from built in wardrobes. There is also a family bathroom on this floor.
Viewings are highly recommended. Description Martin & Co are delighted to market this five bedroom town house in the ever popular location of Fernwood.
The ground floor benefits from two bedrooms, utility room and shower room.
Located on the first floor is a generous sized kitchen/diner which further benefits from a balcony, this will be great for warmer weather.
Remaining on the first floor there is a large lounge with significant built in storage.
Heading to the second floor you will find 3 further bedrooms one of which has an ensuite with 2 benefiting from built in wardrobes. There is also a family bathroom on this floor.
Outside There is an enclosed rear garden laid to lawn with patio area, a single garage which can be accessed from the garden and would be ideal for installing an electric charge point.
Location Fernwood village is situated approximately 3.5 miles from the historical market town of Newark and offers a range of local amenities including local shop, village hall, playing field and secondary school within walking distance.
Bedroom three 9' 7" x 11' 11" (2.931m x 3.634m) shower room 6' 0" x 4' 7" (1.846m x 1.419m) study/bedroom four 9' 1" x 11' 11" (2.784m x 3.634m) utility room 6' 5" x 7' 8" (1.975m x 2.338m) lounge 16' 2" x 11' 5" (4.939m x 3.480m) kitchen/diner 16' 1" x 12' 1" (4.917m x 3.686m) bedroom one ensuite 4' 4" x 9' 7" (1.341m x 2.932m) bedroom two 8' 6" x 10' 0" (2.593m x 3.056m) bedroom five 7' 5" x 7' 10" (2.265m x 2.394m) agents notes Fernwood properties may be subject to management charges for maintenance of the development, sale & purchase.
We recommend that you ask your solicitor to verify these charges.
Accuracy: Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so, particularly if contemplating travelling some distance to view.
We have been advised from the Vendor that the service/maintenance charges are approximately £274 per annum Martin & Co have not seen any documentation to support this and would recommend that if you do proceed with a purchase, that your solicitor verifies the above information.
All measurements have been taken using a sonic / laser tape measure and therefore, may be subject to a small margin of error.
Services Not tested: The mention of any appliances and/or services within these Sales Particulars does not imply they are in full and efficient working. All Measurements are Approximate.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 5, Pond Close, Newark
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