2-bedroom terraced house · NG24 1RW
To rentReduced £25 (−3.3%) on 3 OctListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 BEDROOM PROPERTY within Easy Access To Newark Town Centre Entrance Porch leading to a spacious Lounge with Laminate Flooring Modern Fitted Kitchen leading to an outside Courtyard enclosed by fences and having a Handy Storage Shed.
2 Bedrooms to the First Floor along with a modern Tiled Bathroom having an Electric SHOWER over the bath. UPVC Double Glazing THROUGHOUT Efficient Gas Central Heating via a Combination Boiler.
PRIVATE Off Street Parking. DEPOSIT Deposit is equivalent to 5 weeks rent.
Floorplans, Measurements & Material Information Included in this advert is a floorplan of the property with approximate measurements for GUIDANCE PURPOSES ONLY.
Please do not rely on this information as exact particularly if you are trying to fit specific items of furniture into the property.
If you are unsure please check at the viewing or call and we will try and assist you.
Also included within the description is a summary of the 'Material Information' we are required to publicise for this property.
Important Note & Disclaimer We do our very best to ensure the information contained in this listing is accurate and reliable.
The information provided is intended to be a guide to the property and as such the description in the listing may not in any way constitute the exact condition or features of the property which can be subjective.
Equally, the description does not offer any guarantee of the condition of the property or its fixtures, fittings or amenities, nor does it constitute an offer of contract.
Therefore, it should not be relied upon as statements of fact that any features, services, systems or appliances listed in this specification are present or have been tested.
Nor can this description offer any guarantee of their operation or efficiency at the time of moving in.
If any of the information provided in this listing is pertinent to you or you require any clarification or further information, please obtain confirmation in writing by contacting our office before proceeding with an application.
Equally… RESERVING A PROPERTY If you wish to reserve a property you need to complete an application form and pay a HOLDING DEPOSIT equivalent to 1 weeks rent.
The Holding Deposit is used to reserve the property whilst we undertake pre-tenancy checks.
In line with current legislation we have 14 DAYS in which to process your application and agree terms including signing a Tenancy Agreement.
This deadline can be extended with the prior written consent of yourself and the Landlord.
You are at risk of losing your Holding Deposit under the following circumstances: If you change your mind and withdraw your application If you or anyone in connection with your application fail the Right to Rent checks If you or anyone in connection with this application (including joint applicants or a Guarantor) provides any false or misleading information or statements.
If after 14 days from the date of paying a Holding Deposit we have not entered into a Tenancy Agreement as a result of: o An Applicant failing to provide any information … Redress & Privacy Rent Rent Rent Lettings Ltd is a member of The Property Redress Scheme (Membership Number PRS012943) and is also a member of Client Money Protect (Membership Number CMP003608).
We take your privacy very seriously and are proud to be compliant with the General Data Protection Regulation (GDPR).
To view our Privacy Policy please visit our website Affordability & Guarantors Due to recent changes in Government Legislation EACH individual Tenant applicant must demonstrate an income of at least 2.5x times the annual rent.
In addition we reserve the right to ask all tenancies provide a UK Resident 'HOME-OWNER' Guarantor that earns at least 3x times the annual rent.
If you are unsure about this criteria or have any questions please ask at the viewing or call to discuss.
Tenant Fees Amendment of Tenancy Agreement If you ask us to amend your Tenancy and we have to re-negotiate your contract, amend the term and/or update your tenancy agreement during your tenancy we will charge you £50.00 inc VAT Replacement Keys You will have to pay the costs for replacing locks or other security devices if you lose a key for the property This may include the costs paid to a third-party such as a locksmith.
In exceptional circumstances we may charge you an additional fee of £15.00 per hour (including VAT).
Ending your Tenancy Early If we agree to you leaving the property before your agreement has ended you must pay a fee equivalent to the ‘New Tenant Fee’ usually charged to the Landlord, details of which can be found on the Landlord Fee Schedule on our website and also displayed in our office.
In addition, you must pay all rent due under your current agreement until a replacement tenancy begins. The max…
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 advisors 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.
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About Long Row, Newark, Nottinghamshire
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