1-bedroom house · NG24 1AB
Let agreedReduced £25 (−4.8%) on 25 SepListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented single room available in a shared property located on Kirk Gate, right in the heart of Newark town centre. Ideal for individuals looking for convenient and affordable accommodation.
Key Features: • Fully furnished room • Shared kitchen and bathroom facilities • Central location – close to shops, restaurants, and local amenities • Excellent transport links nearby, including Newark North Gate station • All bills included The property offers a comfortable living environment with easy access to everything you need, making it perfect for those who want to be close to the town centre.
Call Northwood today to discuss further. EPC rating: C.
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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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
FAQ
About Kirk Gate, Newark-on-Trent, NG24
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