1-bedroom house · NG24 2FP
Listing removedListed 127 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish double bedroom in a beautifully presented professional house share on Edward Jermyn Drive on the edge of Newark with easy access to the A1/A46 and off street parking available.
All bills are included in this stunning house, this includes fibre optic broadband throughout and a cleaner once a fortnight for the communal areas.
Relax on the sofa and watch some TV in the communal living area or enjoy your time in the spacious garden after cooking something tasty in the fabulous kitchen!
This room is available at the beginning of July so call to arrange a viewing.
Accommodation Kitchen - This modern kitchen comes with an induction hob, built in electric oven, fridge/freezer, washer/dryer, microwave, toaster and kettle.
There is also side access to the garden and the front of the house. Living Room - This stylish space has a sofa, breakfast with bar stools, wall mounted TV and access to the back garden.
Downstairs WC - A simple white w/c and basin with splash back along with storage for the vacuum and mop.
Shower Room - Located on the first floor landing, this modern shower room comes with a white w/c and basin, a mixer shower, heated towel rail and mirrored cabinet.
External - There is off street parking at the front with side access to the garden via the gate.
The rear garden is mostly laid to lawn with a decked area in the corner, there's also a shed for those that need bike storage.
Holding deposit - A holding deposit equivalent to 1 weeks rent will be required upon application. Deposit - The deposit is equivalent to 1 months rent. Exclusions - No Couples.
Availability - This room is available start of July. Viewings - Available 7 days A week: (Subject to availability). Please call today for a viewing.
Tenancy management - The property will be managed by Buttercross Estates for the duration of the tenancy.
Award winning service - By delivering exceptional customer service we have again been voted the Best Letting Agent in Newark and Nottinghamshire by as well as winning the British Property Awards Gold Winner in Newark.
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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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
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FAQ
About Room 6, 15 Edward Jermyn Drive, Newark
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