2-bedroom flat · NG24 3FF
Listing removedListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented, modern first-floor apartment offered with no onward chain. Centrally located in Fernwood, close to amenities and excellent transport links including the A1/A46.
Spacious open-plan living with balcony, two double bedrooms, parking and low-maintenance living ideal for first-time buyers or investors.
Guide price- £110,000-£115,000 Hallway Entering the property into the hallway which houses the airing cupboard, storage cupboard, with laminate flooring throughout.
Lounge/kitchen 18' 4" x 12' 5" (5.6m x 3.8m) The lounge / kitchen is an open plan modern way of living, with vinyl laminate effect flooring, Juliette doors leading onto the balcony from the lounge.
The kitchen has a range of wall and base units with an integrated oven and hob and spaces for both the fridge freezer and washing machine.
Main bedroom 16' 4" x 9' 10" (4.99m x 3m) The master bedroom is a double bedroom with carpet, radiator and built in wardrobes.
Ensuite 6' 6" x 5' 6" (2m x 1.7m) Ensuite which has part tiled walls and a walk in shower cubicle. Bedroom two 11' 9" x 8' 6" (3.6m x 2.6m) A double room with carpet and radiator.
Main bathroom 7' 2" x 6' 6" (2.2m x 2m) The bathroom comprises of a white three piece bathroom suite; bath, wc and hand basin with vinyl flooring and part tiled walls.
Agent notes Accuracy: Whilst we endeavor to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so, particularly if contemplating travelling some distance to view the property.
We have been informed that there is approximately 104 years left on the lease, the ground is approximately £135 per annum and the service charges are approximately £1,191.64 per annum.
Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed as we have been unable to verify them by means of current documentation.
Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
All measurements have been taken using a sonic / laser tape measure and therefore, may be subject to a small margin of error.
Services Not tested: The mention of any appliances and/or services within these Sales Particulars does not imply they are in full and efficient working order.
The services have not and will not be tested. All Measurements are Approximate.
Value & comps
No previous sales on record.
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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
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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 114, Goldstraw Lane, Newark, Nottingham
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