2-bedroom flat · NG24 4GT
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a beautifully converted apartment within the historic Thorpes Warehouse development, one of Newark's most recognisable waterfront landmarks.
Positioned on the second floor and extending to approximately 764 sq ft, this stylish home perfectly balances contemporary living with the rich character of the original warehouse building.
Exposed brickwork, impressive timber beams and industrial-style windows create a striking backdrop throughout, whilst high-quality modern finishes ensure the apartment is ready to move straight into.
The heart of the home is the spacious open-plan living, dining and kitchen area.
Full of natural light and enjoying a Juliet balcony overlooking the surrounding area, this versatile space offers ample room for entertaining, relaxing and home working.
The contemporary kitchen is fitted with integrated appliances, sleek cabinetry and generous worktop space.
There are two well-proportioned double bedrooms, both featuring exposed brickwork and original beams that continue the warehouse character throughout the property.
The principal bedroom benefits from a beautifully appointed ensuite shower room, whilst the main bathroom has been finished to an equally high standard with a bath, rainfall shower, floating vanity unit and contemporary tiling.
Residents enjoy secure fob and intercom entry, lift access to all floors and the convenience of being just moments from Newark's vibrant town centre.
A wonderful selection of independent shops, cafés, restaurants and riverside walks are all within easy reach.
For commuters, Newark North Gate railway station offers direct services to London King's Cross in approximately 75 minutes, whilst the A1 and A46 provide excellent road connections across the region.
Whether you are searching for a stylish first home, an investment opportunity or a convenient lock-up-and-leave residence, Thorpes Warehouse offers something truly unique.
Leasehold 998 years remaining Ground Rent: £0 Service Charge: £1,390.48 per annum Council Tax Band B EPC Rating C
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 5, Thorpes Warehouse Navigation Yard, Newark
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