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See how verdicts work3-bedroom semi-detached house · NG22 9SF
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No upward chain -This semi detached property located on Petersmith Drive in the area of New Ollerton, Newark.
This property offers a perfect blend of comfort and practicality, making it an ideal choice for families or first time buyers.
As you enter, you are greeted by a spacious reception room that provides a warm and inviting atmosphere. The room is filled with natural light, enhancing the overall sense of space and comfort.
The house boasts three well-proportioned bedrooms. The property features a modern bathroom, designed with functionality in mind.
Situated in a friendly neighbourhood, this home is close to local amenities, schools, and parks, making it an excellent choice for those who value community living.
The surrounding area offers a range of activities and services, ensuring that everything you need is within easy reach.
In summary, this house on Petersmith Drive presents a wonderful opportunity for anyone looking to settle in New Ollerton.
With its spacious reception room, three comfortable bedrooms, and a well-equipped bathroom, it is a property that promises to meet your needs and provide a lovely place to call home.
Description No upward chain - This semi detached property is situated on a substantial corner plot and comprises of a lounge, kitchen / diner, three bedrooms and a family bathroom.
The property has great potential subject to planning to potentially extend. Off road parking, small rear garden and large side plot.
Entrance The property is entered into an open plan hallway with the stairs to the left, under stairs storage and open plan access into the lounge.
Lounge (4.00m x 3.64m (13'1" x 11'11")) A front facing dual aspect lounge with a centre feature fire place, coving and ceiling light with carpet.
Kitchen / Diner (5.60m x 2.70m (18'4" x 8'10")) The kitchen comprises of white wall and base units with butcher block worktops, breakfast bar seating area, part tiled walls, chimney style chrome extractor with space for a cooker, washing and tumble dryer, tiled floor and upvc door leading into the rear garden.
Stairs & Landing A wooden spindle stair case with carpet leading to the first floor landing with access to the loft.
Bedroom One (4.00m x 3.00m (13'1" x 9'10")) A double bedroom front facing with carpet, coving and centre ceiling light.
Bedroom Two (3.19m x 3.08m (10'5" x 10'1")) A double bedroom rear facing with carpet, radiator with trv, coving and ceiling light.
Bedroom Three (2.64m x 2.50m (8'7" x 8'2")) A single front facing bedroom with carpet and radiator.
Family Bathroom (2.47m x 1.70m (8'1" x 5'6")) The bathroom comprises of a white three piece bathroom suite; bath with a pump fed shower and curved glass shower screen, hand basin and wc.
Part tiled walls and decorative tiled flooring. Outside To the rear of the property there is a triangle shaped rear garden with patio and artificial grass.
To the side there is off road parking on the tarmac drive for two vehicles and a large grass area with concrete plinth perimeter. Disclaimer 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.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Clark Estates or any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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.
Area
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FAQ
About 198, Petersmith Drive, New Ollerton
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