2-bedroom bungalow · NG24 1PJ
For saleReduced £10k (−6.7%) on 10 OctListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Onward Chain - Development/Modernisation Opportunity - Detached Bungalow situated on a good sized plot with detached garage off Private Street.
The property comprises, lounge, kitchen, two bedrooms, shower room. Enclosed gardens to front and rear. To view call .
Description No Onward Chain - Development/Modernisation Opportunity - Detached Bungalow situated on a good sized plot with detached garage off Private Street.
The property comprises, lounge, kitchen, two bedrooms, shower room. Enclosed gardens to front and rear. To view call .
Location Newark-on-Trent is a historic Market Town located in Nottinghamshire, known for its charming blend of old and new.
The town's rich history is evident in its impressive medieval castle, which offers stunning views of the surrounding countryside.
Additionally, Newark boasts an array of cultural attractions, including the National Civil War Centre, which delves into the town's pivotal role in the English Civil War.
Newark-on-Trent offers a range of amenities and facilities including a bustling market square, numerous shops, restaurants and cafes, parks, sports fields and a leisure centre.
The town is also well-connected in terms of transportation, with easy access to major roads and a railway station that provides links to nearby cities.
Lounge 12' 10" x 18' 10" (3.91m x 5.74m) With double glazed door gives access to the lounge, double glazed windows to the front and side elevations, wall lights and open tiled fireplace.
Kitchen 10' 8" x 15' 5" (3.25m x 4.71m) With a basic range of wall and floor units, stainless steel double bowl sink unit, splash tiled to worksurfaces, radiator, two double glazed windows to the rear elevation, double glazed door to the rear elevation, electric cooker point, plumbed and space for a washing machine, Viessmann central heating boiler and cylinder cupboard.
Inner hallway With access to roof space. Bedroom one 11' 9" x 9' 4" (3.60m x 2.86m) With double glazed window to the front elevation and radiator.
Bedroom two 10' 8" x 8' 8" (3.25m x 2.64m) With double glazed window to the rear elevation and radiator.
Bathroom 5' 8" x 6' 2" (1.73m x 1.88m) Comprising of corner shower, low level WC, vanity wash hand basin, splash tiling, double glazed window to the rear elevation and radiator.
Outside front To the front of the property there is gated pedestrian access leading to an enclosed front garden. Rear The rear garden is totally enclosed with greenhouse.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About 13a, Wright Street, Newark
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