2-bedroom flat · NG24 1PD
Sold STCListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular and central location on George Street, Maltings View is a well-presented two-bedroom apartment set within a characterful converted former malt house.
Positioned on the second floor, the apartment combines period charm with modern living and represents an excellent opportunity for first-time buyers, downsizers, or investors seeking a low-maintenance home in the heart of Newark.
The accommodation is thoughtfully arranged and accessed via a communal entrance leading to a private hallway with doors to all rooms.
The heart of the home is the open-plan kitchen and living area, which is light, airy and ideal for both everyday living and entertaining.
The kitchen is fitted with modern units and includes an electric oven and hob, along with space for a washing machine and fridge freezer, offering practicality without compromising on style.
The principal bedroom is a bright and generously sized double, providing a comfortable and relaxing space.
The second bedroom benefits from built-in wardrobes and offers excellent flexibility, making it ideal as a guest bedroom, home office, or additional living space.
The bathroom is modern and well-appointed, featuring a shower over the bath and contemporary fittings.
Externally, the property benefits from an allocated parking space within a private courtyard, a valuable feature for a town-centre apartment.
THE AREA George Street is ideally positioned within easy walking distance of Newark town centre, placing a wide range of amenities right on the doorstep.
Independent cafés, shops, supermarkets and leisure facilities are all close by, along with riverside walks and Newark’s historic attractions.
Newark North Gate railway station is just a short walk away, offering fast and direct rail links to Lincoln, Nottingham and London King’s Cross, making this an excellent choice for commuters.
The combination of a central location, strong transport links and characterful surroundings makes this a highly desirable place to live.
For first-time buyers, the apartment offers an affordable and stylish step onto the property ladder, while investors will appreciate the strong rental demand for well-located, low-maintenance apartments in Newark.
With its blend of character, convenience and parking, Maltings View is a compelling opportunity for both owner-occupiers and buy-to-let purchasers.
THE HOME Entrance Hallway Open-Plan Kitchen / Living Area Bedroom One Bedroom Two (with built-in wardrobes) Bathroom COUNCIL TAX BAND - A ENERGY PERFORMANCE RATING - D TENURE Leasehold – 150 years from 1st January 2016.
Ground rent £250 per annum. Service charges £195 pcm. VIEWINGS Viewings strictly by appointment. Please contact Buttercross Estates to arrange your viewing.
MATERIAL INFORMATION Construction Type: Traditional brick no cavity.
Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating: Electric panel heaters Broadband Speed: Ultrafast – up to 1,000 Mbps download speed Mobile Signal Coverage: Likely (EE, Three, Vodafone, O2) THE BORING BITS Money Laundering In line with current regulations, we may request proof of identification and source of funds once an offer has been accepted.
Prompt provision of these documents will help prevent delays. Details We endeavour to ensure the accuracy of these particulars; however, they are provided as a general guide only.
Measurements are approximate and taken electronically. Buyers are advised to take their own measurements where necessary.
Services No services, appliances or systems have been tested by Buttercross Estates.
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.
Area
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FAQ
About Maltings View, George Street, Newark
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