3-bedroom house · NG24 3UA
For saleReduced £8k (−2.6%) on 22 JulListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Close to open space | The Lutterworth is a modern 3 bedroom detached home - ideal for growing families. With an open-plan kitchen/dining area, great for getting the family around the table for dinner.
The spacious dual-aspect lounge area also has its French doors leading out onto the garden.
Upstairs, you have 2 large bedrooms, the main bedroom including an en suite and a third bedroom ideal for a home office. Detached single garage and private driveway parking for 2 cars.
Plot 117 | Lutterworth | Fernwood Village Fernwood Village is set in an established community just 10 minutes from Newark. Surrounded by countryside with local amenities on your doorstep.
There are excellent transport links, including easy access to the A1 and A46, as well as ofsted rated 'Outstanding' schools nearby.
Rooms 1 Bathroom (2519mm x 1958mm (8'3" x 6'5")) Bedroom 1 (3107mm x 3599mm (10'2" x 11'9")) Bedroom 2 (3404mm x 3163mm (11'2" x 10'4")) Bedroom 3 (3540mm x 2134mm (11'7" x 7'0")) Ensuite 1 (1648mm x 2159mm (5'4" x 7'0")) G Kitchen / Dining (4274mm x 5385mm (14'0" x 17'8")) Lounge (5385mm x 3045mm (17'8" x 9'11")) WC (1028mm x 1441mm (3'4" x 4'8")) About Fernwood Village Welcome to Fernwood Village where you can find a stunning range of 2,3 & 4 bedroom homes and pay no management fees.
Explore lots of open space and a play park. Located 10 minutes from Newark; Fernwood also benefits from its own convenience store & bistro bar.
For commuters, it's easy access to Nottingham and London via the A1, A46, and train services from Newark railway stations.
Opening Hours Monday 12:30-17:30, Tuesday Closed, Wednesday Closed, Thursday 10:00-17:30, Friday 10:00-17:30, Saturday 10:00-17:30, Sunday 10:00-17:30 Disclaimer Please note that all images (where used) are for illustrative purposes only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 H8174117, Phoenix Way, Fernwood, Newark
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