3-bedroom flat · NG24 1HU
To rentReduced £50 (−5.4%) on 17 OctListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique and stylish 3-bedroom duplex apartment, The Old Chapel offers a perfect blend of character and modern living, located in the heart of Newark.
This spacious apartment is set within a converted chapel, retaining stunning original features while offering the convenience of contemporary living.
The Old Chapel sits in a great location between Newark town centre, North Gate train station and North Gate retail park.
The spacious duplex apartment is on the second floor of this converted building. It comes with allocated parking underneath and intercom for visitor access.
The home Entrance Hall - A large space with spiral staircase to the first floor. Kitchen/Living Room (6.10m x 5.10m) - The open plan kitchen and living room is great for entertaining or relaxing.
Two arched windows. Bedroom One (5.10m x 4.30m) - A spacious bedroom with two arched windows. Bathroom (2.30m x 2.00m) - A beautiful fully tiled bathroom with large shower.
Bedroom Two (6.00m x 2.50m) - A large double room with velux window and access into the store room. Bedroom Three (4.30m x 2.50m) - A large double room with velux window.
Store Room (12.10m x 2.50m) - A huge storage space. Externally - There is an enclosed car park on the ground floor with one allocated parking space.
Holding deposit - A holding deposit is equivalent to 1 weeks rent will be required upon application. Deposit - Deposit is equivalent to 5 weeks rent.
Availability - This property is available immediately. Please call us today on for a viewing.
EPC - Energy Efficiency Rating - D Council tax - Band A Viewings available 7 days A week (subject to availability).
Tenancy management This property will be managed by Buttercross Estates for the duration of the tenancy.
Award winning service - By delivering exceptional customer service we have again been voted the Best Letting Agent in Newark and Nottinghamshire by as well as winning the British Property Awards Gold Winner in Newark.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 7 The Old Chapel, Newark
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