2-bedroom semi-detached house · NG24 3WB
Listing removedListed 232 days
Opportunity summary
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About
**** PRICE GUIDE £90,000 to £95,000 **** ***50% SHARED OWNERSHIP*** This two double bedroom semi detached property is a good opportunity to get on the property ladder.
The accommodation comprises of an entrance hall, downstairs WC, kitchen, lounge diner with French doors to the garden, two double bedrooms and a family bathroom.
Outside to the rear the garden is enclosed and is mainly laid to lawn with a paved seating area, a garden shed and an access gate leading to the side.
The property benefits from gas central heating, an allocated parking space and UPVC double glazing.
This property is located within the village of Fernwood where you will find many amenities to include a village shop, a gym, a primary school, a vets, children's play parks, tennis courts, The Brews Brothers pub and coffee house and a community centre.
Fernwood is a favourite for commuters with its great transport links to include easy access to the A1, A46 & A52.
Newark Town centre is less than 3 miles away and Newark Northgate Train Station is approximately 4 miles where you can catch the East Coast train line to London Kings Cross in 1 hour 15 minutes.
Please note: This property is available through a Shared Ownership Scheme where you can purchase 50% ownership through Nottingham Community Housing Association (NCHA).
The monthly rent amount is £214.67 and service charge is currently approximately £36.36 per month and there is approximately 111 years remaining on the lease.
An application process through NCHA will need to be followed for potential buyers that are keen to offer.
Entrance Hall - Kitchen - 2.97m x 2.26m (9'9 x 7'5) - Lounge Diner - 4.32m x 4.14m (14'2 x 13'7) - max measurements Wc - 1.47m x 0.84m (4'10 x 2'9) - Landing - Bedroom One - 4.14m x 2.82m (13'7 x 9'3) - max measurements Bedroom Two - 4.14m x 2.59m (13'7 x 8'6) - max measurements Bathroom - 1.98m x 1.68m (6'6 x 5'6) -
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Hunters Road, Fernwood, Newark
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