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 work3-bedroom house · NG24 2BG
Listing removedListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***great family home*** This delightful semi-detached house presents an excellent opportunity for families and first-time buyers alike.
The property boasts an entrance hall and a spacious lounge, perfect for cosy evenings with loved ones.
The hub of the home is the 20ft kitchen diner perfect for hosting dinner parties or simply enjoying Sunday roasts.
With three well-proportioned bedrooms, there is ample space for rest and relaxation, making it an ideal home for those seeking comfort and convenience.
The single bathroom is thoughtfully designed, catering to the needs of a busy household.
Outside the enclosed rear garden is mainly laid to lawn with seating areas where you can enjoy summer BBQs or your morning coffee.
There are three brick built outbuildings ideal to store bikes and gardening tools. The property benefits from gas central heating, UPVC double glazing and off road parking.
The location is truly a highlight! Stephen Road is a popular residential area, offering convenience.
Enjoy a short, safe walk to the local primary school and parks, and have all essential amenities within easy reach.
For commuters, the convenience is second to none: Enjoy quick access to the A1, A46, and A52.
Plus, Newark Northgate Train Station is just a mile away, whisking you to London King's Cross in a swift 1 hour and 15 minutes on the East Coast mainline.
Entrance Hall Lounge (4.27m x 4.22m (14'0 x 13'10)) Into Bay Kitchen Diner (6.25m x 3.15m (20'6 x 10'4)) Max measurements Landing Bedroom One (4.27m x 2.62m (14'0 x 8'7)) Bedroom Two (3.35m x 3.10m (11'0 x 10'2)) Bedroom Three (2.90m x 2.18m (9'6 x 7'2)) Max measurements Bathroom (1.98m x 1.60m (6'6 x 5'3))
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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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
Agent & docs
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FAQ
About 62, Stephen Road, Newark
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