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See how verdicts work3-bedroom house · NG22 8GH
No longer listedReduced £5k (−2%) on 11 AugListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
I am delighted to present to market 24 Miners Close which is in the historic village of Bilsthorpe.
This property is just ready for its new owners to move into and has so much going for it, including no upward chain.
The property is very close to amenities & stunning countryside, but is tucked away on a quiet road and has the added advantage of the front aspect looking out onto green space and not other houses.
Looking at the house in more detail; Front of property: This is a handsome property and has a good sized driveway with parking for 2 cars and access to a single integral garage with power and water.
Entering the property there is a porch area before entering the kitchen through an internal door.
Kitchen/Diner: This is a modern kitchen with coffee coloured gloss wall and floor cupboards, electric oven, gas hob, space for a dishwasher and room for a large fridge freezer.
There is space for a dining table in the kitchen but there is a second option for a larger dining area.
There is an internal door into the garage which would make an easy conversion into a separate utility room, there is already a washing machine plumbed in.
Downstairs w.c: Located between the kitchen and lounge area, w.c with sink and radiator. Lounge/Diner: The lounge is an area with dual purpose.
The owner is currently using half the lounge as a dining area next to the patio doors to the garden and a cosy lounge space at the other side.
This is a large room and could be divided up if the new owners so wish. Carpet to floor, radiator and blinds in the lounge area window.
Up a winding stair case to the spacious upstairs which has the advantage of having 3 good sized doubles so no arguments over who gets the small room.
Master Bedroom/En-suite: (bedroom 1 in plan) A double room, with carpet to floor, neutral colours, blinds to a window which has a lovely aspect over green space.
There is a good sized modern ensuite shower room. Bedroom 2: A large double with rear aspect, carpet to floor, radiator and window with blinds.
Bedroom 3: A third good sized double with rear aspect, carpet to floor, blinds and radiator. Family bathroom: A modern family bathroom with bath/shower over, w.c and sink.
This room has a very handy storage area which has potential to be turned into a separate shower area.
Rear Garden: An enclosed rear garden with patio/lawn and decking area making it great for children to play and adults to sit and relax. Side access to the front of the property and water tap.
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.
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FAQ
About 24, Miners Close, Newark
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