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See how verdicts work4-bedroom house · NG24 4US
No longer listedListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £220,000 to £230,000. Set within a Conservation area adjacent to the River Trent, is this three bedroom three-storey townhouse with versatile living accommodation.
Ideally located close to the centre of Newark with all the facilities and amenities that Newark has to offer.
Internally the property benefits from a ground floor office/bedroom four, a first floor open plan kitchen/diner/living area, and to the second floor are three bedrooms and a bathroom.
The rear garden is south facing and there is an integral garage and off street parking for two vehicles. No chain.
Situation And Amenities The property is situated in this highly sought after Conservation Area a short distance from the town centre.
Newark Northgate railway station has fast trains connecting to London King's Cross with journey times of approximately 75 minutes.
Additionally Newark Castle station has trains connecting to Nottingham and Lincoln. There are nearby access points for the A1 and A46 dual carriageways.
Shopping facilities in Newark include a recently opened M&S food hall, Asda, Waitrose, Morrisons and Aldi.
Newark also boasts several individual boutique shops as well as major retail chains and an array of markets.
There is a wide range of schooling in the area, and leisure facilities are plentiful including a fine choice of restaurants and bars, fitness centres, gymnasiums and golf courses.
Accommodation Upon entering the front door, this leads into: Entrance Hallway The entrance hallway has the staircase leading to the first floor, laminate flooring, a radiator and two understairs cupboards.
From the hallway a door leads into bedroom four/home office.
Bedroom Four/Home Office (14' 0'' x 9' 10'' (4.27m x 2.99m)) Bedroom four/home office has a single glazed window overlooking the courtyard garden, laminate flooring and a radiator.
First Floor Landing The staircase rises from the hallway to the first floor where the open plan kitchen/diner/living room is located.
Open Plan Living/Dining/Kitchen (14' 0'' x 27' 1'' (4.27m x 8.26m) (overall measurement of the kitchen and living areas combined)) Kitchen Area The kitchen area has a double glazed window to the front elevation and is fitted with a range of base and wall units with square edge work surfaces.
There is a sink, and integrated appliances include a double oven, and an electric hob with extractor hood above. A door from the kitchen area leads to the balcony via a lobby.
Living/Dining Area The living/dining area has a double glazed window overlooking the rear garden. This space is carpeted and has two radiators and a 'real effect' electric fire.
Second Floor Landing The staircase continues from the first floor landing to three bedrooms and the bathroom.
Bedroom One (14' 0'' x 9' 5'' (4.27m x 2.87m)) Having a double glazed window to the front elevation, a fitted wardrobe, a further integrated cupboard and carpet flooring.
Bedroom Two (7' 5'' x 10' 8'' (2.27m x 3.26m)) Bedroom two has a double glazed window to the rear elevation, carpeted flooring and a radiator.
Bedroom Three (6' 7'' x 7' 8'' (2m x 2.34m)) A box room with a double glazed window to the rear elevation, carpet flooring and a radiator.
Bathroom (7' 5'' x 6' 0'' (2.27m x 1.84m)) The bathroom is fitted with a suite comprising a bath with shower over, tiled flooring, a heated towel rail and an extractor fan.
Outside To the front of the property is off street parking for two vehicles, and an integral single garage.
To the rear is a low maintenance south facing garden which is mainly laid to stone and contains some mature shrubs. Council Tax The property is in Band D.
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
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FAQ
About 14, Tannery Wharf, Newark
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