2-bedroom flat · NG24 4GZ
To rentListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This elegantly converted second-floor apartment in Mills Warehouse offers a sophisticated blend of industrial character and modern luxury.
Situated on the scenic banks of the River Trent, this residence occupies a prime position within a historic local landmark.
The development has been meticulously restored to preserve its architectural heritage while introducing a sleek, contemporary aesthetic, making it an ideal choice for those seeking a stylish riverside retreat.
The interior features a spacious and thoughtful layout finished to an exceptional standard.
The heart of the home is an expansive open-plan Kitchen/Living/Dining Room, designed to maximize both light and functionality.
This apartment boasts two well-proportioned bedrooms, including a generous primary bedroom complete with a private en-suite.
A separate bathroom and a dedicated cloaks cupboard off the central hallway ensure a practical and uncluttered living environment.
The area The location on Farndon Road is one of Newark’s most sought-after spots.
Residents are just a short, picturesque stroll away from the historic town centre, famous for its Georgian Market Place and the dramatic ruins of Newark Castle.
Local amenities are plentiful, with a variety of independent boutiques, cafes, and fine dining options nearby, as well as major supermarkets like Waitrose and M&S Foodhall.
For those who enjoy the outdoors, the adjacent Sconce and Devon Park offers beautiful walking trails and green space right on your doorstep.
The home Living Room / Kitchen Diner (5.52m x 4.44m) - A spacious open-plan living and kitchen area, beautifully presented with fitted units, integrated appliances, and ample space for both dining and relaxing.
Bedroom One (3.88m x 3.77m) - A spacious double bed room featuring neutral carpets and large windows letting plenty of light in.
Ensuite Shower Room (1.88m x 1.57m) - A stylish and modern en-suite comprising a walk-in shower, WC, and wash basin with a vanity unit providing excellent storage.
Bedroom Two (3.71m x 2.54m) - A double bedroom boasting characterful original features and space for furnishings.
Shower Room (2.35m x 1.79m) - A modern shower room, finished to a high standard with contemporary fittings.
Holding deposit - A holding fee equivalent to 1 weeks rent will be required upon application. Deposit - Deposit is equivalent to 5 weeks rent. Availability - This property is available immediately.
Please call today to book a viewing. EPC - Energy efficiency rating - C Council tax - Council Tax Band - A Viewings available 7 days A week (subject to availability). Call us on to book your place.
Tenancy management - This 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
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FAQ
About Flat 8, The Old Mill, Newark
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