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See how verdicts work3-bedroom semi-detached house · NG24 1NE
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented three bedroom semi detached family home situated on a popular residential road a short distance from Newark town centre.
In addition to the three bedrooms, there is a well proportioned lounge, a dining kitchen and well appointed first floor bathroom.
The west facing rear garden is fully enclosed and enjoys a high degree of privacy. The property is double glazed, has gas central heating and available for purchase with NO CHAIN.
Situation and Amenities The property is situated in a sought after residential location a short distance from the town centre.
Newark Northgate railway station has fast trains connecting to London King's Cross with journey times of a little over an hour.
Additionally Newark Castle station has trains connecting to Nottingham and Lincoln. There are nearby access points for the A1 and A46 dual carriageways.
Shopping facilities in Newark include an M&S food store, Asda, Waitrose, Morrisons and Aldi.
Newark also boasts several individual boutique shops as well as major retail chains and an array of markets.
There is a wide range of schooling in the area, and leisure facilities are plentiful including a fine choice of restaurants and bars, fitness centres, gymnasiums and golf courses.
Accommodation Upon entering the front door, this leads into: Entrance Hallway The entrance hallway has the staircase rising to the first floor and a door providing access through to the lounge.
The hallway has a ceiling light point and a radiator.
Lounge 13' 11'' x 11' 11'' (4.24m x 3.63m) (at widest points) This excellent sized and well proportioned reception room has a window to the front elevation and a door opening through to the dining kitchen.
The focal point of the lounge is the feature fireplace with open fire (not tested by the agent), with solid timber mantle.
The room also has cornice to the ceiling, dado rail, both wall and ceiling light points and a radiator. Accessed from the lounge and sited beneath the staircase is a useful storage cupboard.
Dining Kitchen 17' 2'' x 9' 7'' (5.23m x 2.92m) This very good sized dining kitchen has two windows to the rear elevation and a half glazed door providing access to the garden.
The kitchen is fitted with a range of base units complemented with square edge work surfaces and tiled splash backs.
There is a ceramic sink, space for a free standing gas cooker, and spaces and plumbing for a washing machine and a dishwasher. In addition there is ample space for a vertical fridge/freezer.
The room is of sufficient size to accommodate a dining table, and has cornice to the ceiling, two ceiling light points and a radiator.
First Floor Landing As mentioned, the staircase rises from the entrance hallway to the first floor landing which has a window to the side elevation and doors into the three bedrooms and the bathroom.
The landing has a ceiling light point. Access to the loft space is obtained from here.
Bedroom One 11' 11'' x 9' 7'' (3.63m x 2.92m) A double bedroom with a window to the front elevation, a ceiling light point and a radiator.
Bedroom Two 10' 1'' x 9' 6'' (3.07m x 2.89m) A further double bedroom, having a window to the rear elevation enjoying views across the garden.
The bedroom has a ceiling light point, a radiator and dado rail.
Bedroom Three 9' 5'' x 6' 7'' (2.87m x 2.01m) A single bedroom or home office/study with a window to the rear elevation overlooking the garden, a ceiling light point and a radiator.
Bathroom 8' 8'' x 5' 7'' (2.64m x 1.70m) (at widest points - L shaped in design) The well appointed bathroom is fitted with a white suite comprising bath with shower mixer tap attachment, vanity unit with wash hand basin inset and storage beneath, and a WC.
The bathroom has a built-in storage unit, and further storage space sited above the staircase. There is also a ceiling light point, a heated towel rail and an extractor fan.
Outside To the front is a hard landscaped garden for ease of maintenance. Gated access leads to the rear.
Rear Garden The west facing rear garden is fully enclosed and enjoys a high degree of privacy. The garden is laid primarily to lawn bounded by laurel bushes.
Situated adjacent to the rear of the property is a patio area which is ideal for outdoor seating and entertaining.
Located at the foot of the garden are two timber sheds, both of which are included within the sale. Council Tax The property is in Band A.
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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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
About Lawrence Street, Newark
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