5-bedroom house · NG24 3RU
Listing removedListed 378 days
Opportunity summary
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About
Guide price £300,000 to £325,000 Benefiting from substantial, flexible accommodation stretching across three floors, this superb modern detached home would make the perfect family home and is conveniently located on a no-through road in the heart of the popular village of Fernwood, which boasts a range of local amenities as well as brilliant access to the A1 and Newark town centre.
The property's accommodation comprises to the ground floor: Inviting entrance hallway, WC, utility room, home office/bedroom five and an open plan living/dining kitchen space that enjoys French doors opening to the rear garden with the kitchen having appliances to include a four-ring gas hob, double electric oven and integrated dishwasher.
To the first floor, there is double bedroom that has fitted wardrobes and access to a modernised Jack & Jill ensuite shower room, and a generous dual aspect lounge which has access out on to a magnificent balcony.
The second floor has a family bathroom suite and three double bedrooms, all of which having fitted wardrobes and the main bedroom also having a luxurious ensuite shower room.
Outside, this home enjoys a secure car port which has an electric garage door opening to a tarmac driveway which provides off street parking for multiple vehicles and leads up to the detached brick garage, which has an up and over door as well as power and light connected.
The rear garden is predominantly laid to lawn with a paved entertaining area. Other features of this home include gas central heating and UPVC double glazing.
An Interactive Property Report for this property can be viewed via the following web portals, under the virtual tour tab on Rightmove, Zoopla, On The Market and Newton Fallowell.
The report includes further material information, including information on - Title Plan and Plot, Maps, House Price Statistics, Flood Risk, Media Availability, In depth Local School Information, Transport Links, etc.
EPC Rating: C Fernwood Fernwood is located on the edge of Balderton, approximately 3 miles south of Newark giving easy access to the A1, only 4.5 miles to the A46 and benefitting from a regular bus service.
There is a range of amenities including a day nursery, primary school, village hall, 2 public houses, convenience store, fitness gym, personal training centre, and a hairdressers.
Fernwood Management Charges The property is subject to a management charge for maintenance of the development, currently approximately £312 per annum (2024) (can be paid in instalments).
There are also charges for the sale and purchase of the property and we understand also for other amendments/alterations made to the property during ownership.
Please speak to a property consultant for further information.
Entrance Hallway (4.45m x 1.91m) Maximum measurements Ground Floor WC (1.63m x 0.84m) Utility Room (1.93m x 1.35m) Maximum measurements Kitchen (3.84m x 3.28m) Living/Dining Area (4.98m x 3.02m) Home Office/Bedroom Five (3.28m x 1.85m) Lounge (5.87m x 3.28m) Balcony (5.06m x 3.10m) Bedroom Two (3.81m x 2.85m) Ensuite Shower Room (1.98m x 1.80m) Maximum measurements Bedroom One (4.42m x 2.95m) Ensuite Shower Room (2.9m x 1.4m) Bedroom Three (4.27m x 2.90m) Maximum measurements Bedroom Four (3.15m x 2.92m) Maximum measurements Bathroom (2.36m x 1.75m) Car Port (5.79m x 2.69m) Garage (5.18m x 2.72m) Services Mains gas, electricity, water and drainage are connected.
Square Footage The square footage for this property is approximately 1858 sq ft.
Please note whilst every care is taken in providing this information as accurately as possible, this figure is calculated whilst creating the propertys floor plan, which does not factor in a number of potential variations including wall thickness, curves, triangular walls, chimney breasts etc and alterations to the floorplan to ensure it is representative of the propertys layout.
The square footage may also include garages, porches, outbuildings, garden buildings and external corridors where applicable, please contact the office for further information/clarification.
The EPC and Interactive Property Report may show a different total square footage.
Agent's Note - Sales Particulars Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed, and they do not form part of any contract.
All services, heating systems and appliances have not and will not be tested, and no guarantees have been provided for any aspects of the property, measurements are taken internally and cannot be assumed to be accurate, they are given as a guide only.
Anti-Money Laundering Regulations Intending purchasers will be asked to confirm their identity at the offer stage and we ask for your co-operation in order that there will be no delay in agreeing a sale.
Referrals Newton Fallowell Newark and our partners provide a range of services to our vendors and buyers.
Conveyancing - If you require a solicitor to handle your sale or purchase, we can refer you on to a panel of preferred providers, we may receive a referral of up to £350 if you choose to use their services, there is no obligation to use solicitors we refer to.
Mortgage Advice - Correct budgeting is crucial before committing to purchasing a property.
You are free to arrange your own advice, but we can refer you to the Mortgage Advice Bureau who are in house for specialist advice on 1000s of mortgage deals if required.
Please be aware that we may receive a fee of £332 if you ultimately choose to arrange a mortgage/insurance through them.
Property Surveys - If you require a property survey of any kind, we can refer you to an RICS surveyor, and we may receive a referral fee of up to £30 should you chose to arrange a survey through them.
For more information, please call the office.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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