2-bedroom terraced house · NG24 4BJ
Listing removedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ACCOMMODATION This mid-terraced home has been recently renovated throughout and is presented in excellent condition, having been newly decorated with new flooring, together with a newly fitted Kitchen and Bathrooms.
The internal accommodation comprises; Entrance Porch leading to an Open Plan Living Space incorporating a Dining Area and Kitchen, together with a Downstairs WC.
Stairs rise to the First Floor Landing providing access to the Family Shower Room and built-in storage, Bedroom One with En-suite Bathroom and built-in storage and Bedroom Two.
The property is available now and an early viewing is highly recommended. OUTSIDE There is no outside space included with the property.
On-street parking is available nearby, subject to resident permit restrictions, with permits available through the local authority.
LOCATION Albert Street is situated within a popular residential area of Newark, conveniently located for access to Newark Town Centre and a wide range of local amenities.
The property is within easy reach of shops, supermarkets, cafés, restaurants and other everyday facilities, while Newark's historic town centre offers a further range of leisure and shopping opportunities.
Newark North Gate and Newark Castle railway stations provide convenient rail links to surrounding towns and cities, including Nottingham and Lincoln.
The A1 is also easily accessible, providing excellent road links to the wider region.
RENT AND DEPOSIT The asking Rent for the property is £900.00 per calendar month and the Tenancy Deposit is £1,035.00 (equal to 5 weeks' rent).
The Holding Deposit for this property is £205.00 ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly).
The landlord is seeking a tenant for longer-term occupation. VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
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
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