2-bedroom house · NG24 1FS
For saleListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated just off Kings Sconce Avenue, Waters Edge enjoys a highly desirable and well-connected setting within Newark-on-Trent.
The property is ideally positioned for both convenience and lifestyle, offering the perfect balance between peaceful riverside living and easy access to key amenities and transport links.
The property provides free flowing internal accommodation comprising: Entrance hall, useful ground floor WC, spacious open plan living/dining kitchen, two bedrooms to the first floor and a shower room with underfloor heating.
In addition the property provides gas central heating via a modern-day combination boiler, all uPVC double glazing and an attached outdoor store.
Private/allocated parking space is included with the house also.
A particular highlight of the location is its proximity to the picturesque River Trent, which is just a two-minute walk from the doorstep.
Residents can enjoy scenic riverside walks, open green spaces, and a tranquil environment ideal for relaxation, exercise, or simply unwinding after a busy day.
Ideal Home for First Time Buyers, Downsizers or Investors. Book your viewing 24/7, via the brochure link below!
Location The property is also within comfortable walking distance of Newark town centre, where a wide range of independent shops, cafés, restaurants, and everyday services can be found.
For commuters, Waters Edge is exceptionally well placed, being within easy reach of Newark North Gate railway station.
This provides direct and efficient rail connections, making the development an excellent choice for professionals seeking straightforward access to London and other major cities.
Its accessibility makes it particularly well suited as a secure “lock up and leave” home for those who travel frequently for work or leisure.
Just a five-minute walk away is Northgate Retail Park, offering a strong selection of well-known retailers including Boots, tk Maxx, Currys and Homebase.
Additional shopping and dining options are also within walking distance, such as Marks & Spencer, Costa Coffee and B&Q, ensuring that everyday essentials, home improvements, fashion, and leisure needs are all conveniently catered for.
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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 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.
Area
Agent & docs
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FAQ
About 23 Waters Edge, Kings Sconce Avenue, Newark
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