3-bedroom house · NG22 9XW
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Petersmiths Park in New Ollerton offers stylish 2,3 and 4 bedroom homes, available from a 30% share.
Set near Sherwood Forest, it combines modern living with a peaceful village setting, close to local amenities, schools and excellent transport links across Nottinghamshire.
Description Petersmiths Park, New Ollerton, Newark Available on Shared Ownership Petersmiths Park is a stunning new development in New Ollerton, offering a collection of thoughtfully designed 2-, 3-and 4-bedroom homes.
Ideal for first-time buyers and growing families, these contemporary homes combine stylish living with energy-efficient design and practical layouts.
Situated in the well-connected village of Ollerton, on the edge of Sherwood Forest, the development enjoys a peaceful setting while benefiting from easy access to well-regarded schools, shops, restaurants and leisure facilities.
Excellent road links provide convenient travel across Nottinghamshire and into Lincolnshire, making it an ideal location for commuters.
Home Reach Eligibility: You are eligible to purchase a Home Reach property in England or Wales if: " Your household income does not exceed £80,000 per annum (£90,000 in London) " "You have a deposit (min 5% of the share value) " You are a first-time buyer or previously owned a home but cannot afford to buy outright now " The property will be your principal and only home " You pass a financial assessment confirming affordability of the share value and ongoing costs Please note Heylo Housing will conduct a credit search on all purchasers.
Price advertised represents 30% of the full market value of £219,995 Monthly rent of £423.49 Estate charges fee of £136 +vat pa Entrance Hall Living Room 16' 3" x 10' 1" ( 4.95m x 3.07m ) Kitchen / Diner 13' 7" x 10' 10" ( 4.14m x 3.30m ) Wc / Cloakroom 5' 7" x 3' 3" ( 1.70m x 0.99m ) Landing Bedroom One 13' 7" x 8' 3" ( 4.14m x 2.51m ) Bedroom Two 12' 6" x 7' 3" ( 3.81m x 2.21m ) Bedroom Three 9' 1" x 6' 1" ( 2.77m x 1.85m ) Bathroom 7' 2" x 6' ( 2.18m x 1.83m ) Disclaimer All images are for illustrative purposes only.
Dimensions are indicative for this house type and may vary between plots. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
Agent & docs
FAQ
About Plot 206, Lisburn, Swan Lane, Newark
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