We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · NG24 2TJ
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price: £250,000 to £255,000. An immaculately presented three bedroom home situated in this highly sought after area.
In addition to the three bedrooms, the property has an excellent sized lounge, dining kitchen, ground floor cloakroom, superbly appointed first floor bathroom and en-suite.
All the internal doors are oak. The property is double glazed and has gas central heating. There is off road parking for two vehicles, an EV Charger, a garage and a landscaped garden to the rear.
Situation And Amenities The sought after village of Coddington is located approximately two miles from Newark town centre and provides amenities including a church, public houses and a well respected and sought after primary school.
Newark boasts amenities including the Palace Theatre, bowling alley and cinema.
There are excellent shopping facilities in the town with major retail chains and supermarkets including Waitrose and Marks & Spencer food.
For the commuter the A1 trunk road offers easy access to the north and south of the country.
There is a direct line rail link from newark northgate station to london kings cross which takes from around 80 minutes.
Accommodation Upon entering the front door, this leads into: Entrance Hallway The entrance hallway immediately gives a feel for the impeccable quality of this home.
The hallway has the staircase rising to the first floor and doors providing access to the cloakroom and the lounge.
The hallway has a ceramic tiled floor, part ceramic tiling to the walls, a ceiling light point and bespoke fitted shelving with cast iron radiator beneath.
Ground Floor Cloakroom The cloakroom has an opaque window to the front elevation and is fitted with a vanity unit with wash hand basin inset and storage beneath, and a WC.
The cloakroom has panelling to the walls and ceiling, a ceiling light point and a radiator.
Lounge (14' 8'' x 11' 9'' (4.47m x 3.58m)) This excellent sized and well proportioned reception room has a window to the front elevation.
The lounge also has cornice to the ceiling, a ceiling light point and a radiator. From the lounge a door leads through into the dining kitchen.
Dining Kitchen (15' 0'' x 9' 2'' (4.57m x 2.79m)) This fabulous dining kitchen has a window to the rear elevation and sliding patio doors leading out into the garden.
The kitchen area is fitted with an excellent range of base and wall units, complemented with roll top work surfaces and metro tiled splash backs.
There is a one and a half bowl ceramic sink and integrated appliances include an oven with gas hob and extractor hood above, fridge, freezer and washing machine.
The room is of sufficient size to comfortably accommodate a large dining table and has cornice to the ceiling, two ceiling light points, an extractor fan and a radiator.
Accessed from the dining kitchen is a useful storage cupboard which is sited beneath the staircase.
First Floor Landing The staircase rises from the entrance hallway to the first floor landing which has a window to the side elevation.
The landing provides access to all three bedrooms and the family bathroom and has a useful storage cupboard, cornice to the ceiling and a ceiling light point.
Access to the loft space is obtained from here. Bedroom One (9' 11'' x 9' 0'' (3.02m x 2.74m)) A good sized double bedroom having a window to the front elevation.
The bedroom has a fitted double wardrobe with oak doors, cornice to the ceiling, a ceiling light point and a radiator. A door leads into the en-suite shower room.
En-Suite Shower Room (6' 7'' x 5' 0'' (2.01m x 1.52m)) The very well appointed en-suite has an opaque window to the front and is fitted with a walk-in shower cubicle with mains rainwater head shower, vanity unit with wash hand basin inset and storage beneath, and a WC.
The en-suite is enhanced with contemporary floor and wall tiling. In addition there is a ceiling light point, an extractor fan, shaver socket and heated towel rail.
Bedroom Two (8' 5'' x 8' 4'' (2.56m x 2.54m) (plus door recess)) A double bedroom with a window to the rear elevation, cornice to the ceiling, a ceiling light point and a radiator.
Bedroom Three (9' 3'' x 6' 3'' (2.82m x 1.90m)) A good sized third bedroom with a window to the rear elevation, cornice to the ceiling, a ceiling light point and a radiator.
Family Bathroom (6' 7'' x 5' 6'' (2.01m x 1.68m)) This beautifully appointed bathroom is fitted with a white suite comprising bath with mains rainwater head shower above, vanity unit with wash hand basin inset and storage beneath, and a WC.
The bathroom is complemented with contemporary wall tiling and laminate flooring. The room also has a ceiling light point, an extractor fan and a heated towel rail.
Outside To the front of the property is a landscaped garden comprising an artificial lawn circle edged with borders containing mature shrubs.
Adjacent to this is the driveway providing off road parking for two vehicles, and in turn leads to the garage. There is an EV charging point.
Garage (18' 7'' x 8' 2'' (5.66m x 2.49m)) The garage has an up and over door to the front elevation and a personnel door to the rear.
The garage is equipped with both power and lighting a range of base and wall units with space for a tumble dryer. The central heating boiler is located here.
Rear Garden The rear garden is fully enclosed and has been very tastefully landscaped.
There is a sizeable patio area located at the rear, adjacent to which is a raised deck with pergola above, both of which provide ideal outdoor seating and entertaining spaces.
There is a well maintained lawn and two large timber beds containing an array of mature shrubs and plants. Council Tax The property is in Band C.
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
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 4, Youngs Close, Newark
Explore nearby