4-bedroom detached house · NG24 3GF
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN.
GUIDE £300,000 - £325,000 Positioned within Phase 1 Fernwood and refreshingly free of management fees lies this spacious detached home enjoying an enviable outlook over open public space to the front.
It's a property that balances everyday comfort with genuine kerb appeal, ready to welcome a family looking to put down roots. Inside, the ground floor unfolds with purpose.
A welcoming lounge offers space to relax, while the separate dining room reveals its best feature in a set of French doors that open directly onto the garden - perfect for summer evenings that drift between indoors and out.
The kitchen, paired with a practical utility room, keeps daily routines running smoothly, and a downstairs WC adds a convenient finishing touch.
Upstairs, four generous double bedrooms provide flexibility for growing households, guests, or a quiet home-working corner.
The main bedroom benefits from its own private en-suite, with a family bathroom serving the remaining rooms in comfort. An integral single garage delivers useful storage or parking as needed.
Step outside to an enclosed rear garden, complete with a charming summer house - an inviting retreat for hobbies or relaxation.
Fernwood's amenities lie close at hand, with Fernwood Day Nursery, the Village Hall, and both Suthers School and Chuter Ede Primary within easy reach.
Sainsbury's in Balderton is a short drive, while Newark's rail links keep commuters well connected.
Anti Money Laundering Regulations Under UK Law, Benningtons are required to carry out AML checks in line with regulations and guidance set out by HMRC.
These checks include identifying the source of funds used to purchase a property and conducting identity checks on their customers.
As an applicant, you will be charged a non-refundable fee of £45 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring.
You will need to pay this amount directly to Movebutler and complete all Anti-Money Laundering (AML) checks before your offer can be formally accepted.
KEY FACTS FOR BUYERS A key facts illustration is available for interested parties. Please contact the office who’ll happily forward you the latest report
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

FAQ
About Cormack Lane, Fernwood, Newark, Nottinghamshire
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