How much is Newgate Street, Worksop?

The asking rent is £495 a month.

No floorplan from the agent

Newgate Street, Worksop

1-bedroom house

3,175 sq ft1 bath

Asking rent

£495/mo

To rentListed 1 day

Investor metrics

HMO Article 4 Direction AreaBassetlaw District Council Article 4 (HMO) · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

***available early January*** **All Bills Included** *Fully Furnished Double Room With En-Suite* A larger than average double room in a shared house.

Ideally located just a short distance walk to the to the local town centre. Modern kitchen with washing machine, microwave, kettle, toaster etc.

The room is furnished consisting of a double bed, wardrobe, chest of drawers. Modern self contained en-suite bathroom. Notice All photographs are provided for guidance only.

Redress scheme provided by: Property Redress Scheme (PRS000884) Client Money Protection provided by: RICS (832596)

Key information

Furnished state

Furnished

Deposit required

£495

Available From

2 Jan 2027

Bills

Bills Included

Floor area

3,175 sq ft (295 sq m)

Council tax band

Band C

Estimated ~£1,600/year

Local authority

Bassetlaw

District

County

Nottinghamshire County

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.