3-bedroom house · NG24 2BG
Listing removedListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £190,000 to £200,000 - marketed with no chain A well presented and spacious three bedroom semi detached house situated in a popular residential area close to Newark town centre and Newark Northgate main line train station.
This lovely property has low maintenance accommodation comprising of; an entrance hall with large understairs storage cupboard which could easily be converted to a WC (subject to building regulations), spacious lounge and an open plan kitchen diner with integrated appliances to include an oven, microwave, hob, extractor fan and slim line dishwasher.
To the first floor there are three generous bedrooms and a bathroom.
The property benefits from gas central heating, majority triple glazed windows, a new roof installed approximately 2021, off road parking, useful outbuildings that could be extended into (subject to building regulations) and a very large rear garden.
The Interactive Property Report can be viewed on the following web portals, under the virtual tour tab on Rightmove, Zoopla, and On The Market.
Further material information for this property can be found within the report and includes a wealth of material including information on - Title Plan and Plot, Maps, House Price Statistics, Flood Risk, Media Availability, In depth Local School Information, Transport Links, etc.
Newark A traditional market town that benefits from its excellent location, situated just off the A1 and A46 between the cities of Nottingham and Lincoln and having 2 railway stations including Northgate Station which is on the east coast Main line offering commuters and shoppers easy access to London.
The town is full of character with its bustling traditional cobbled market square and ruins of Newark castle that date back to 1123.
Newark boasts a wealth of successful independent shops and boutiques, as well as a wide range of national chains.
The town also offers an array of restaurants and cafes, a theatre and a multi-screen cinema.
Newark is also a hub for antique enthusiasts, with its various antique shops and regular antique fairs held at the nearby Newark Showground.
Entrance Hallway (5.66m x 1.80m) 18' 7" x 5' 11" maximum measurements Lounge (4.85m x 3.91m) 15' 11" x 12' 10" maximum measurements Kitchen & Dining Area (5.87m x 3.48m) 19' 3" x 11' 5" maximum measurements Utility/Store (2.21m x 2.21m) 7' 3" x 7' 3" Store (2.21m x 1.68m) 7' 3" x 5' 6" Bedroom One (3.83m x 3.30m) 12' 7" x 10' 10" Bedroom Two (3.3m x 3.0m) 10' 10" x 9' 10" Bedroom Three (2.82m x 2.46m) 9' 3" x 8' 1" Bathroom (2.36m x 2.41m) 7' 9" x 7' 11" maximum measurements Services Mains gas, electricity, water and drainage are connected.
Square Footage The square footage for this property is approximately 1053sq ft.
Please note whilst every care is taken in providing this information as accurately as possible, this figure is calculated whilst creating the propertys floor plan, which does not factor in a number of potential variations including wall thickness, curves, triangular walls, chimney breasts etc and alterations to the floorplan to ensure it is representative of the propertys layout.
The square footage may also include garages, porches, outbuildings, garden buildings and external corridors where applicable, please contact the office for further information/clarification.
The EPC and Interactive Property Report may show a different total square footage.
Agent's Note - Sales Particulars Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed, and they do not form part of any contract.
All services, heating systems and appliances have not and will not be tested, and no guarantees have been provided for any aspects of the property, measurements are taken internally and cannot be assumed to be accurate, they are given as a guide only.
Anti-Money Laundering Regulations Intending purchasers will be asked to confirm their identity at the offer stage and we ask for your co-operation in order that there will be no delay in agreeing a sale.
Referrals Newton Fallowell Newark and our partners provide a range of services to our vendors and buyers.
Conveyancing - If you require a solicitor to handle your sale or purchase, we can refer you on to a panel of preferred providers, we may receive a referral of up to £350 if you choose to use their services, there is no obligation to use solicitors we refer to.
Mortgage Advice - Correct budgeting is crucial before committing to purchasing a property.
You are free to arrange your own advice, but we can refer you to the Mortgage Advice Bureau who are in house for specialist advice on 1000s of mortgage deals if required.
Please be aware that we may receive a fee of £332 if you ultimately choose to arrange a mortgage/insurance through them.
Property Surveys - If you require a property survey of any kind, we can refer you to an RICS surveyor, and we may receive a referral fee of up to £30 should you choose to arrange a survey through them.
For more information, please call the office.
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
FAQ
About 6 Stephen Road, Newark
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