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 work2-bedroom house · NG24 4UQ
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***walking distance to town*** Guide Price £150,000 to £160,000 A charming two-bedroom semi detached character cottage, beautifully positioned within a sought-after conservation area of Newark.
Combining traditional period charm with the ease of modern fixtures, this property represents an incredible opportunity for first-time buyers, downsizers, or savvy buy-to-let investors looking for a turn-key home.
The Accommodation The Lounge: A warm and inviting reception room welcoming you directly from the front entrance perfect for cosy evenings.
The Breakfast Kitchen: Centrally located the breakfast kitchen features a comprehensive range of fitted wall and base units, solid wood work surfaces, a classic Belfast sink, and integrated appliances (including an induction hob, electric oven, fridge, freezer, and dishwasher).
The Utility Room: A brilliant addition to any home, this separate space offers practical plumbing and space for a washing machine, keeping the main kitchen streamlined and quiet.
A door from here leads directly out into the garden. The first floor leads to two bedrooms which are served by the family bathroom.
Outside Living To the rear of the property is a low-maintenance, fully enclosed courtyard garden, a perfect spot to enjoy your morning coffee or an evening drink.
The property also benefits fully from gas central heating via a modern combi-boiler and is neutrally decorated throughout, meaning you can move straight in.
Location, Amenities & Transport Links Situated on King Street, the property enjoys the best of both worlds: A quiet, characterful residential setting that sits just a short walk away from everything Newark has to offer.
Local Amenities: Newark town centre is less than half a mile away (around a 10-minute walk).
You are steps away from the bustling, historic cobbled Market Square, which features regular markets, independent boutiques, national retail chains, a multi-screen cinema, and a vibrant café culture.
For daily essentials, an Asda supermarket and a Co-op food store are both within a 5-minute walk.
Leisure & Nature: For those who enjoy the outdoors, the picturesque Newark Marina and the beautiful open green spaces of Sconce and Devon Park are both within easy walking distance.
Lounge (3.66m x 3.68m (12'0 x 12'1)) Breakfast Kitchen (3.68m x 3.58m (12'1 x 11'9)) Utility Room (1.45m x 1.37m (4'9 x 4'6)) Landing Bedroom One (3.68m x 3.66m (12'1 x 12'0)) Bedroom Two (3.58m x 2.03m (11'9 x 6'8)) Bathroom (2.72m x 1.63m (8'11 x 5'4))
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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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 9, King Street, Newark
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