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See how verdicts work1-bedroom flat · NG24 1UW
For saleReduced £10k (−7.7%) on 21 JunListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***sophisticated living in the heart of newark*** Guide Price £130,000 to £140,000.
Discover the perfect blend of historic character and contemporary luxury in this stunning first-floor apartment, situated within a prestigious Grade II listed conversion.
Completed in 2022, this residence offers a unique opportunity to own a piece of Newark’s heritage without compromising on modern comfort.
The Property Highlights •Historic Charm: Housed in a beautifully restored building, the apartment features soaring high ceilings and large windows that flood the space with natural light.
•Open-Plan Living: The heart of the home is the expansive living and kitchen area.
Designed specifically for those who love to host, the layout flows seamlessly, making it a "perfect for entertaining" space.
•Contemporary Finishes: The kitchen boasts sleek cabinetry and integrated appliances, complemented by a stylish, modern shower room.
•Secure & Private: Set within an exclusive gated development, providing peace of mind and a quiet retreat from the bustling town centre.
•Rare Parking: Unlike many central locations, this property includes its own allocated parking space within the secure grounds.
Location: Everything on Your Doorstep Located in the vibrant centre of Newark, you are just a short stroll away from the historic Market Place, a variety of boutique shops, and fine dining.
For the commuter, Newark’s excellent rail links (including North Gate and Castle stations) provide easy access to Nottingham, Lincoln, and London Kings Cross.
This property is ideal for first-time buyers, professionals, or those seeking a high-end "lock-up-and-leave" investment.
The 2022 conversion ensures good energy efficiency standards rarely found in period buildings.
Please note this property has 142 years remaining on the lease and the current owner pays approximately £160 per month for ground rent and service charges.
Living Kitchen (5.13m x 4.55m (16'10 x 14'11)) Bedroom One (3.20m x 3.28m (10'6 x 10'9)) Shower Room (1.91m x 2.13m (6'3 x 7'0))
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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FAQ
About Bishop Place, Apartment 9, 20, Balderton Gate, Newark
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