2-bedroom terraced house · NG24 4TU
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully finished 2 bedroom mid-terrace house to let in Squires Yard on Millgate, just a short walk from the centre of Newark and offering easy access to the A46 road network and rail links.
The property briefly comprises a modern shaker-style dining kitchen with integrated fridge freezer, washer dryer and dishwasher, living room with sliding patio doors leading out to an enclosed courtyard garden, two double bedrooms, with the second bedroom having storage cupboard, and a stylish bathroom with rain shower over bath.
The property is energy efficient having double glazing and air source heat pump and benefits from parking for 2 cars. An early viewing is highly recommended!
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Mill Gate, Newark
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