2-bedroom flat · NG24 3FG
Listing removedListed 145 days · slow let
Opportunity summary
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About
This charming two-bedroom, two-bathroom first-floor apartment on Youngs Avenue offers a perfect blend of modern convenience and suburban tranquility.
Situated in the highly sought-after Fernwood development near Newark, the property is characterised by its bright, airy atmosphere and functional layout.
The heart of the home is an expansive open-plan kitchen and living area, which transitions seamlessly onto a private balcony - ideal for enjoying a morning coffee or relaxing in the evening while overlooking the communal grounds.
The kitchen is well-appointed with ample cabinetry and integrated appliances, balanced by a spacious lounge area that feels warm and inviting.
The living quarters are equally impressive, featuring a generous primary bedroom complete with an en-suite shower room and built-in wardrobe space.
A second well-proportioned bedroom offers versatility, serving perfectly as a guest room, a child’s bedroom, or a quiet home office.
The apartment is completed by a contemporary family bathroom and a welcoming entrance hall that provides essential storage.
Outside, the property benefits from well-maintained communal areas and off street parking, ensuring a low-maintenance lifestyle without compromising on comfort.
THE AREA Located in the popular village of Fernwood, residents enjoy a fantastic range of local amenities right on their doorstep, including a primary school, a local shop, a gymnasium, and a welcoming village hall.
The area is renowned for its green spaces and walking paths, making it ideal for those who enjoy the outdoors.
For commuters, the property is perfectly positioned with easy access to the A1 and A46, while nearby Newark offers high-speed rail links to London King's Cross in approximately 75 minutes, making this an ideal base for both work and leisure.
THE HOME Entrance Hall (3.76m x 1.98m) - With intercom for guests and store cupboard housing the electric hot water tank.
Open Plan Kitchen / Living Room (5.64m x 3.71m) - A multi-functional space comprising a contemporary kitchen and a large, flexible area for dining and lounging.
Bedroom One (3.78m x 3.00m) - Generously sized double bedroom complete with fitted wardrobes and a neutral finish.
En-suite Shower (1.91m x 1.63m) - Fitted with a shower tray, toilet and wash hand basin. Bedroom Two (3.45m x 2.62m) - Versatile and bright space with neutral décor.
Offering a flexible layout, making it an ideal guest double, a child's bedroom, or a quiet ad productive home office Bathroom (2.06m x 1.68m) - Family bathroom features a bath with shower adapter, toilet and wash hand basin.
Externally - There is off street parking. HOLDING DEPOSIT - A holding deposit equivalent to 1 weeks rent will be required upon application. DEPOSIT - Deposit is equivalent to five weeks rent.
AVAILABILITY - This property is available from Mid June. EPC - C COUNCIL TAX - Band A VIEWINGS - Viewing by appointment only, 7 days a week, subject to availability - Please call to book a time.
TENANCY MANAGEMENT - This property will be managed by Buttercross Estates for the duration of the tenancy.
AWARD WINNING SERVICE - By delivering exceptional customer service we have again been voted the Best Letting Agent in Newark and Nottinghamshire by AllAgents.co.uk, 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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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
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FAQ
About Youngs Avenue, Fernwood
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