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See how verdicts work5-bedroom house · NG24 3GH
Listing removedListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £475,000 to £500,000 Offering substantial and flexible accommodation stretching across three floors, this magnificent extended executive detached home is located in the heart of the modern-day village of Fernwood with local amenities close by and boasts superb access to the A1 and Newark town centre.
The property's superb accommodation comprises to the ground floor: Inviting entrance hallway, W/C, spacious lounge, separate dining room, home office/playroom, marvellous kitchen with central island and high-quality appliances to include an induction hob, double electric oven, two integrated fridge/freezers, under counter fridge and two dishwashers.
Openings from the kitchen also lead to a utility room and a wonderful garden room that has a log burning stove and French doors to the rear garden.
Under floor heating runs through the entrance hallway, kitchen and garden room.
The first floor has a welcoming landing space that currently provides a further reception space, with other accommodation to include a four-piece family bathroom suite, two double bedrooms with fitted wardrobes and the main bedroom that enjoys a dressing area with fitted wardrobes and a four-piece ensuite bathroom.
The top floor again, is welcomed by a useful landing space as well as a shower room and two further double bedrooms.
Outside, this home is approached with a generous tarmac driveway that sweeps across the front of the house, as well as through a gated area that extends down the side of the house providing ample off-street parking and gives access to the detached double garage.
The rear garden represents a fantastic blank canvas with plenty of scope for a buyer to make it their own but incorporates a covered area with hot tub available by separate negotiation.
Other features of this home include gas central heating and UPVC double glazing.
Viewing is key to appreciate the substantial nature of this home as well as the versatility of this delightful family home.
An Interactive Property Report for this property can be viewed via the following web portals, under the virtual tour tab on Rightmove, Zoopla, On The Market and Newton Fallowell.
The report includes further material information, including information on - Title Plan and Plot, Maps, House Price Statistics, Flood Risk, Media Availability, In depth Local School Information, Transport Links, etc.
EPC Rating: C Fernwood Fernwood is located on the edge of Balderton, approximately 3 miles south of Newark giving easy access to the A1, only 4.5 miles to the A46 and benefitting from a regular bus service.
There is a range of amenities including a day nursery, primary school, village hall, 2 public houses, convenience store, fitness gym, personal training centre, and a hairdressers.
Fernwood Management Charges The property is subject to a management charge for maintenance of the development, currently approximately £400 per annum (can be paid in instalments).
There are also charges for the sale and purchase of the property and we understand also for other amendments/alterations made to the property during ownership.
Please speak to a property consultant for further information.
Entrance Hallway (4.39m x 2.72m) 14' 5" x 8' 11" maximum measurements Ground Floor WC (1.45m x 1.04m) 4' 9" x 3' 5" Lounge (5.11m x 4.22m) 16' 9" x 13' 10" Dining Room (4.24m x 3.00m) 13' 11" x 9' 10" Home Office/Play Room (3.50m x 2.52m) 11' 6" x 8' 3" Garden Room (7.47m x 4.39m) 24' 6" x 14' 5" maximum measurements Breakfast Kitchen (6.38m x 3.68m) 20' 11" x 12' 1" Utility Room (1.96m x 1.68m) 6' 5" x 5' 6" Bedroom One (5.11m x 4.22m) 16' 9" x 13' 10" maximum measurements Dressing Area (2.97m x 2.03m) 9' 9" x 6' 8" Ensuite Bathroom (2.97m x 2.36m) 9' 9" x 7' 9" Bedroom Two (3.79m x 3.63m) 12' 5" x 11' 11" Bedroom Three (3.68m x 3.53m) 12' 1" x 11' 7" Family Bathroom (2.67m x 2.54m) 8' 9" x 8' 4" Bedroom Four (5.41m x 4.32m) 17' 9" x 14' 2" maximum measurements Bedroom Five (5.41m x 4.09m) 17' 9" x 13' 5" maximum measurements Shower Room (2.64m x 1.52m) 8' 8" x 5' 0" maximum measurements Services Mains gas, electricity, water and drainage are connected.
Square Footage The square footage for this property is approximately 2748 sq ft.
Please note whilst every care is taken in providing this information as accurately as possible, this figure is calculated whilst creating the property's 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 property's 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
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 advisers 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.
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