We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · NG24 3QX
Listing removedListed 310 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Individually designed and built this detached two bedroom bungalow was constructed circa 2000 by a local builder.
The property stands with a walled frontage, off street parking, a detached garage and a south facing rear garden.
The property stands in a pleasant cul-de-sac with a small number of detached bungalows in the immediate vicinity. Local shops, bus services and a medical centre are within short walking distances.
The accommodation comprises an open porch with quarry tile floor, hall with built in cupboard, lounge with coal effect gas fire and bow window.
The good sized kitchen provides ample space for a dining table. There are two double sized bedrooms and a bathroom. Externally there is little maintenance. The driveway is block paved.
There are side paths and a patio area. This area of Balderton, established in the early 1960s, is a popular and desirable area to live.
The property stands with a substantial frontage and the plot, although comparatively small in size, is nicely enclosed and secluded.
Swinburne Close is within a short walking distance of the Brisbane shopping precinct, main street facilities including a convenience store and bus services.
Balderton has a modern medical centre, supermarkets and the settlement is just two miles from Newark-on-Trent. Particularly convenient are access points to the A1, A46 and A17 trunk roads.
The historic town of Newark-on-Trent sits on the main East Coast railway line with services to London Kings Cross, York and the north.
There is a useful rail service from Newark Castle to Lincoln and Nottingham.
Constructed with cavity brick elevations incorporating a blue brick damp proof course under a tiled roof of the hipped design. The property has an attractive individual appearance.
Windows are well maintained wood framed with sealed unit double glazing. Central heating is gas fired with panelled radiators.
The property provides the following accommodation: Open Porch - With quarry tile floor. Hall - With radiator and bult in cupboard, hatch to the roof space.
Lounge - 4.42m x 3.73m (14'6 x 12'3 ) - (overall measurement) Coal effect gas fire, bow window, double panelled radiator, fitted venetian blind.
Kitchen - 4.45m x 3.12m (14'7 x 10'3 ) - Wall cupboards, base units and working surfaces incorporating a sink unit and tiled splashbacks. Integrated electric hob, oven and fan unit.
Ideal gas fired central heating boiler, double panelled radiator. Bedroom Two - 4.27m x 2.92m (14' x 9'7 ) - (excluding door recess) With radiator and venetian blinds.
A wardrobe unit is included in the sale. Bedroom One - 3.45m x 3.10m (11'4 x 10'2 ) - (excluding door reveal) With radiator, fitted blind.
Bathroom - 2.44m x 2.18m (8' x 7'2 ) - Bath with shower screen and shower attachment, pedestal wash hand basin, low suite WC, radiator.
Outside - The property stands with a low wall frontage and a block paved driveway. The enclosed south facing garden contains a patio, side path and small grassed area.
Detached Brick Built Garage - Under a pitched tiled roof. Services - Mains water, electricity, gas and drainage are all connected to the property. Tenure - The property is freehold.
Possession - Vacant possession will be given on completion. Mortgage - Mortgage advice is available through our Mortgage Adviser.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Viewing - Strictly by appointment with the selling agents.
Council Tax - The property comes under Newark and Sherwood District Council Tax Band C
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.
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FAQ
About Swinburne Close, Balderton, Newark
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