3-bedroom detached house · NG24 2HZ
Sold STCListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***tucked away in A cul de sac location*** Guide Price £240,000 to £250,000 Situated in a prime residential position on Magdalene View, this three bedroom detached home offers a wonderful balance of practical layout, modern comfort, and unbeatable convenience in the vibrant historic market town of Newark.
Designed to suit the rhythm of everyday living, the ground floor opens into a welcoming lounge perfect for evening relaxation, leading through to a bright and functional open-plan kitchen diner that forms the central gathering space for meals and hosting.
A useful downstairs WC completes the ground floor layout.
Upstairs, the home features three well-proportioned bedrooms, highlighted by a master bedroom with its own private en-suite shower room, alongside a contemporary family bathroom serving the additional bedrooms.
The property comes with the significant advantage of a brand-new gas central heating boiler installed in 2026, delivering improved energy efficiency and peace of mind for years to come.
Outside, the property continues to impress with off-road driveway parking and a secure garage providing valuable additional storage or vehicle space.
The rear garden is fully enclosed and mainly laid to lawn, offering a safe, low-maintenance outdoor haven ideal for children to play, pets to roam, or enjoying sunshine throughout the seasons.
The location on Magdalene View is one of the property's standout features, putting a rich array of local amenities within exceptionally easy reach.
A short walk brings you into Newark’s bustling town centre with its historic market place, independent boutiques, supermarkets, cafes, and restaurants.
Families will appreciate the proximity to highly regarded primary and secondary schools nearby.
For commuters, the location is unbeatable; Newark North Gate station is approximately half a mile away, providing high-speed direct rail links to London King’s Cross in around 75 minutes, while Newark Castle station offers convenient local service connections across to Nottingham and Lincoln.
Excellent access to major road networks including the A1, A46, and A17 ensures seamless connectivity in every direction, making this home a brilliant choice for modern lifestyle living.
Entrance Lounge (4.17m x 2.69m (13'8 x 8'10)) Kitchen Diner (4.75m x 3.07m (15'7 x 10'1)) Wc (0.84m x 2.03m (2'9 x 6'8)) Landing Bedroom One (4.06m x 2.95m (13'4 x 9'8)) Ensuite (1.78m x 1.80m (5'10 x 5'11)) Bedroom Two (3.84m x 3.18m (12'7 x 10'5)) Bedroom Three (2.44m x 3.28m (8'0 x 10'9)) Bathroom (1.70m x 2.41m (5'7 x 7'11)) Garage (2.51m x 5.18m (8'3 x 17'0))
Value & comps
No previous sales on record.
Returns
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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 51, Magdalene View, Newark
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