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See how verdicts work4-bedroom bungalow · NG23 7NR
Listing removedReduced £25k (−5.9%) on 23 JulListed 308 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £425,000 to £450,000. Spacious detached bungalow on a large and secluded plot in the heart of this popular village.
The accommodation includes a split level lounge and dining room, breakfast kitchen, large sun room/games room, four bedrooms, bathroom and en-suite.
There is ample off road parking and a tandem double garage/workshop. The property is predominantly double glazed, has gas central heating and available for purchase with No Chain.
Situation And Amenities Collingham is a vibrant village situated approximately 6 miles from the historic market town of Newark on Trent, with a vast range of amenities.
There is an excellent primary school, medical centre, dentist, library, a Co-op and a good range of local shops.
There are public houses in the village that provide good food, and a variety of social clubs and organisations.
Conveniently situated for access to the A46 for commuting to Lincoln, the A1 and Newark, the latter having a direct rail link to London Kings Cross (approximately 80 minutes).
Collingham also has its own railway station with frequent trains to Lincoln, Newark and Nottingham.
Accommodation Upon entering the front door, this leads into: Sun Room/Games Room (26' 0'' x 16' 7'' (7.92m x 5.05m)) This extraordinarily large room is the former double carport that has been converted in a sympathetic way, glazed on all sides and with sliding patio doors to the front.
The principal entrance is to the side. This very versatile room has a skylight window and also an internal window looking through into the dining room.
The sun room/games room has a timber panelled roof, a ceiling light point and a radiator. From here a half glazed door leads into the entrance hallway.
Entrance Hallway (17' 8'' x 8' 0'' (5.38m x 2.44m)) The spacious entrance hallway provides access to the dining room via glazed panels and French doors, all four bedrooms and the family bathroom.
The hallway has a beamed ceiling, a ceiling light point and a radiator.
Dining Room (15' 3'' x 10' 3'' (4.64m x 3.12m)) This excellent sized and well proportioned reception room has an internal window looking back into the sun room, a door into the breakfast kitchen and a step down into the lounge.
The dining room has a ceiling light point and a radiator.
Lounge (19' 0'' x 11' 6'' (5.79m x 3.50m)) This fabulous sized reception room has a bow shaped window to the front elevation and a feature window to the side.
The lounge, as previously mentioned, is split level and open plan to the dining room and has a stone fireplace, beamed ceiling, two ceiling light points and two radiators.
Breakfast Kitchen (17' 5'' x 11' 9'' (5.30m x 3.58m)) Having a window to the side elevation overlooking the principal garden and a half glazed door to the front.
The kitchen is fitted with an excellent range of base and wall units, including display cabinets, complemented with roll top work surfaces and tiled splash backs.
There is a stainless steel sink, and also included within the sale is the free standing gas fired range cooker with extractor hood above.
In addition there is space and plumbing for a dishwasher, a washing machine and tumble dryer, and further space for a larder fridge.
The room is of sufficient size to comfortably accommodate a dining table and has a ceramic tiled floor, recessed ceiling spotlights and a radiator.
The airing cupboard housing the central heating boiler is located within the kitchen.
Family Bathroom (9' 0'' x 6' 7'' (2.74m x 2.01m)) The well appointed family bathroom has an opaque window to the side elevation and is fitted with a coloured suite comprising bath, vanity unit with wash hand basin inset and storage beneath, WC and bidet.
In addition there is a walk-in shower cubicle with mains shower. The bathroom has ceramic tiling to the walls, recessed ceiling spotlights and a radiator.
Access to the roof space is obtained from here.
Bedroom One (13' 11'' x 11' 10'' (4.24m x 3.60m)) An excellent sized double bedroom with a window to the rear elevation, cornice to the ceiling, both wall and ceiling light points and a radiator.
A door leads into the en-suite shower room.
En-Suite Shower Room The en-suite has an opaque window to the side and is fitted with an oversized walk-in shower cubicle with mains shower, pedestal wash hand basin and WC.
In addition there are recessed ceiling spotlights, an extractor fan and a heated towel rail.
Bedroom Two (13' 1'' x 11' 10'' (3.98m x 3.60m)) A further great sized double bedroom, having a window to the rear elevation overlooking the garden and countryside beyond.
The bedroom has cornice to the ceiling, a ceiling light point and a radiator.
Bedroom Three (11' 10'' x 9' 3'' (3.60m x 2.82m)) A double bedroom with a window to the rear elevation enjoying the same views as bedroom two.
The bedroom has cornice to the ceiling, a ceiling light point and a radiator.
Bedroom Four (9' 4'' x 9' 0'' (2.84m x 2.74m)) A good sized fourth bedroom with a window to the side elevation, a ceiling light point and a radiator.
The bedroom is currently utilised as a home office/study.
Outside The property is approached via a private driveway shared with just one other property, this in turn leads onto a substantial driveway providing off road parking for numerous vehicles.
The driveway in turn leads to the garage/workshop.
Gardens The significant sized gardens sweep around the side and rear of the property and are laid primarily to lawn edged with mature hedgerow providing a high degree of privacy.
The gardens contain a vast array of mature shrubs, plants and trees. The timber shed is included within the sale.
Garage/Workshop (36' 1'' x 9' 9'' (10.99m x 2.97m) (at widest points)) This large garage/workshop is of breezeblock construction to the first portion and timber to the rear.
There is an up and over door to the front elevation, windows to the rear and side and a personnel door out to the garden. The garage/workshop is equipped with both power and lighting.
Council Tax The property is currently in Band E.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
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FAQ
About 47, Woodhill Road, Newark
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