3-bedroom bungalow · NG24 3NS
Let agreedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This extended three bedroom detached bungalow is located within a popular location of Balderton in a quiet cul de sac.
The accommodation comprises a entrance hall, lounge, kitchen, shower room, two double bedrooms with ensuite to master . The property is heated by an air source heat pump and is fully double glazed.
The rear garden is enclosed and is laid to lawn with a gravelled seating area, shrub borders and a shed. The front offers parking for several vehicles.
This property is located in a no through road in the old village of Balderton and has easy access to local schools and local amenities to include doctors, Sainsbury's, Tesco's, a Vets and much more.
The property provides easy access to transport links to include the A1, A46, A17 & A52 making it ideal for commuters.
Location: Newark is a busy market town situated on the River Trent where the Fosse Way meets the Great North Road.
Nottingham, Lincoln, Doncaster and Leicester all lie within commuting distance, whilst the east coast mainline allows London King Cross to be reached within 1 hour and 15 minutes.
Council tax band C Holding Fee - £254 Deposit - £1269.23
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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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 41, Queen Street, Newark
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