3-bedroom property · NG22 9YP
For saleListed 485 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £210,000 - £215,000 A stunning semi-detached property built by Gleeson Homes during 2023 to their ‘Lisburn’ design, situated within a pleasant cul-de-sac on Phase 2 of their ‘Petersmiths Park’ development in New Ollerton.
Exceptionally well-presented accommodation is set out over ground and first floor levels comprising of an entrance hall, generously proportioned lounge, kitchen/diner and guest cloakroom/toilet.
Upstairs, there are three bedrooms and a bathroom. Externally, the property benefits from a driveway providing off-road parking and a single garage. There are gardens to both the front and rear.
The rear, in particular, is a good size and has a generous level of privacy. Local amenities include services such as a pharmacy, post office, doctors surgery and supermarkets.
With access to the A614, the A57 and the A1, Newark, Doncaster, Nottingham and Mansfield are easily reachable and, as such, New Ollerton is a popular commuter town.
For those with families, The Forest View Academy (Primary) and The Dukeries Academy (Secondary), both rated ‘Good’ by Ofsted (in January 2023 and October 2021 respectively) are located in New Ollerton.
Recreational activities can be found at nearby Walesby Forest, less than a couple of miles away, where you can enjoy water sports, climbing, archery, rifle shooting and many more activities.
For woodland walks, Boughton Brakes Woods are even closer. A little further afield is Rufford Abbey Country Park.
We expect interest from different types of purchasers including first-time home buyers and those looking to up-size. As such, early enquiries and viewings are encouraged.
To boot, this lovely home is sold with the benefit of no onward chain. General Information: Tenure: Freehold. Local Authority: Newark & Sherwood District Council.
The agency website indicates Council Tax Band: A. Energy Performance Rating: B.
Management Charge: We are advised by the Vendor that once the development is complete, a management charge of approximately £120 per annum will apply.
Kieran Petersen, HomeMove Nottinghamshire: Having joined forces with Ben Sales at HomeMove Nottinghamshire in 2024, Kieran offers 30 years of experience and has previously run his own successful independent agency.
* When you make an offer on a property, we are required by law to carry out id and Financial verification checks.
As part of this we will need to see documents including Proof of id, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £15 per buyer.
HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 17, Diamond Close, Newark
Explore nearby