2-bedroom flat · NG24 4GT
Listing removedReduced £50 (−4%) on 24 JulListed 121 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stunning two bedroom apartment is situated within the iconic Thorpes Warehouse, sat on the River Trent.
This lovely apartment features an ensuite, bathroom, open plan living room and kitchen, with perfect views of the river.
The open-plan living space features modern kitchen fittings, quality appliances, and stylish finishes throughout. This property is available mid August.
Located within the heart of Newark, the property benefits from close proximity to a range of local amenities, with two train stations, as well as easy access to the A1.
The town has a number of local pubs and restaurants, as well as a popular collection of local shops and businesses.
The home Living Room/Kitchen - The open plan living area is bright and spacious, with river views, sleek kitchen fittings, quality appliances, and stylish finishes throughout.
Bedroom One / Ensuite - A spacious double bedroom, with an ensuite featuring a modern shower, sink, and toilet.
Bedroom Two - A another spacious double bedroom, perfect for guests or a large home office space.
Bathroom - The main bathroom has a modern look and includes a bath, sink with a gorgeous light up mirror and toilet.
Externally - One allocated parking space EPC - Energy Performance Rating - C Council tax band - B Holding deposit - A holding deposit equivalent to 1 weeks rent will be required upon application.
Deposit - The deposit is equivalent to 5 weeks rent. Availability - This property is available immediately. Viewings - available 7 days A week (subject to availability). Call to book your place.
Tenancy management -The property will be managed by the landlord for the duration of the tenancy.
Award winning service - By delivering exceptional customer service we have 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 Apartment 8, Thorpes Warehouse, Newark
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