1-bedroom flat · NG24 4TY
Listing removedListed 103 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Available Now**Newly Refurbished**One Double Bedroom**Car Parking provided Description - This NEWLY REFURBISHED spacious one bed apartment is located in the heart of Newark is perfect for single professionals.
The property comprises of one double bedroom, newly installed white bathroom suite and a spacious, newly installed kitchen for which is open plan to the living room.
Having just been refurbished throughout, this property is ready to go now!! We expect it to therefore receive strong interest from the start so please be sure to contact us ASAP to avoid missing out.
Parking - The property has communal parking for one car and is perfect for commuters! Viewings - Available by prior appointment only.
Please contact the office on the details provided to discuss further. Council Tax Band: Holding Deposit: £155.00
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
FAQ
About Mill Gate, Newark
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