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See how verdicts work3-bedroom terraced house · NG24 3WJ
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A perfect property for a first time buyer or as an investment, this home on Wisdom Close is located on a quiet cul de sac in Fernwood and comes with allocated parking for two vehicles, ground floor WC, enclosed rear garden and large living/dining room.
The spacious living/dining room has double doors leading out to the rear garden. On the first floor we have three well proportioned bedrooms and family bathroom.
The property is available with no chain. THE AREA Wisdom Close sits within Fernwood, a well-established and highly regarded residential area just outside Newark.
This peaceful location offers a friendly community feel with convenient access to everyday essentials including local shops, cafés, schools, green spaces, and play parks.
Newark North Gate and Newark Castle train stations are within easy reach, providing direct links to London, Nottingham, and Lincoln, while excellent road connectivity via the A1 and A46 ensures straightforward regional travel.
THE HOME Kitchen (2.97m x 2.07m) Living Room (5.88m x 4.09m) WC (1.64m x 0.94m) Bedroom One (4.08m x 3.20m) Bedroom Two (3.06m x 2.29m) Bedroom Three (2.87m x 1.79m) Bathroom (2.29m x 1.66m) Externally - A private rear garden with lawn, paved pathway, and gravel borders.
There is on-street parking available for two vehicles. COUNCIL TAX BAND - A ENERGY PERFORMANCE RATING - TBC TENURE - Freehold SERVICE CHARGES - Fees payable to First Port of approx £280 per annum.
SIZE - 742 sq ft VIEWINGS - Available 7 days a week, strictly by appointment.
MATERIAL INFORMATION CONSTRUCTION TYPE - Brick cavity wall ELECTRICITY SUPPLY - Mains WATER SUPPLY - Mains SEWERAGE - Mains HEATING - Gas central heating BROADBAND SPEED - Ultrafast up to 1,800 mbps MOBILE SIGNAL COVERAGE - O2, EE, Three & Vodafone - Good THE BORING BITS MONEY LAUNDERING - We may ask for further details regarding your identification and proof of funds after your offer on a property.
Please provide these in order to reduce any delay. DETAILS - We endeavour to make the details and measurements as accurate as possible. However, please only take them as indicative only.
Measurements are taken with an electronic device. If you are ordering carpets or furniture, we would advise taking your own measurements upon viewing.
SERVICES - No services have been tested by Buttercross Estates.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Wisdom Close, Fernwood, NG24 3WJ
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