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See how verdicts work2-bedroom house · NG24 3WG
Listing removedListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***get on the property ladder*** 25% shared ownership A fantastic opportunity to step onto the property ladder with this two-bedroom terraced home, situated on the popular Restfil Way in the popular village of Fernwood.
Offered on a 25% Shared Ownership basis, this home provides modern, low-maintenance living ideal for first-time buyers or young professionals.
Ground Floor Entering through the entrance hall, you are led into the lounge which offers a bright, cosy retreat for evening relaxation, a spacious and practical kitchen diner-a great space for cooking and informal meals while a convenient downstairs WC completes the ground-floor layout.
First Floor Upstairs, the landing connects two comfortable bedrooms. The primary bedroom boasts the added luxury of a walk-in wardrobe, offering excellent built-in storage.
Serving both bedrooms is a clean, contemporary shower room. External Out back, the property features a private, fully enclosed rear garden.
Thoughtfully designed for low maintenance, it provides an ideal spot for summer BBQs, outdoor dining, and relaxing without the hassle of heavy upkeep.
The home also benefits from an allocated parking space and gas central heating.
Location, Amenities & Transport Links Fernwood is a vibrant, modern village community situated just south of Newark-on-Trent, known for its landscaped green spaces, parkland walks, and friendly village feel.
Local Amenities: Within easy walking distance, Fernwood offers convenient daily essentials including a One Stop shop, a local micropub/café, a village hall hosting regular events, and scenic walking trails.
Excellent local schooling options are also nearby, including Chuter Ede Primary School and The Suthers School.
Road Links: Perfect for commuters, the property sits less than five minutes from the A1, offering rapid connectivity north toward Lincoln and south toward Grantham, alongside quick access to the A46 for Nottingham and Leicester.
Rail Links: A short 10-minute drive brings you into Newark town centre, where Newark Northgate Railway Station offers high-speed East Coast Main Line trains into London King's Cross in around 75 minutes.
Agents notes: This proeprty is leasehold with 110 years remaining on the lease and the monthly rent is £342.55.
Lounge (3.89m x 3.35m (12'9 x 11'0)) Kitchen Diner (4.42m x 2.82m (14'6 x 9'3)) Wc (1.80m x 1.19m (5'11 x 3'11)) Landing Bedroom One (3.35m x 3.35m (11'0 x 11'0)) Bedroom Two (3.35m x 2.57m (11'0 x 8'5)) Shower Room (2.01m x 1.83m (6'7 x 6'0))
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 20, Restfil Way, Newark
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