2-bedroom flat · NG24 4UT
Listing removedListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property ID: 595155 AVAILABLE SEPTEMBER An excellent opportunity has arisen to rent a delightful two-bedroom property, perfectly situated in the vibrant and historic market town of Newark.
This home offers a superb blank canvas for you to create your own personal space.
Presented unfurnished, it provides the freedom to bring your own furniture and style, truly making it your own from the moment you move in.
The two bedrooms provide versatile living options, ideal for a professional couple, a small family, or for those needing a dedicated home office space.
Nestled in Newark, you will be perfectly placed to enjoy all this charming town has to offer.
Renowned for its rich history, including the magnificent castle and bustling market square, Newark provides a wonderful blend of heritage and modern convenience.
The town boasts an excellent array of independent shops, cafes, and restaurants, alongside well-known high street brands.
Commuters will appreciate the superb transport links, with easy access to the A1 and the East Coast Main Line offering direct services to London King's Cross, making it an ideal location for travel across the region and beyond.
This property represents a fantastic chance to establish a home in a sought-after location. Early viewing is highly recommended to avoid disappointment.
A previously historic mill transformed and modernised to a high standard back in 2023 the Textile Building is a collection of 39 properties comprising studios, one and two-bedroom apartments, and two-bedroom penthouses Holding Deposit - £100 Security Deposit - £1148.07 Council Tax Band - B EPC - C
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.
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
Agent & docs
FAQ
About Victoria Street, Newark, Nottinghamshire, NG24 4UT
Explore nearby