1-bedroom flat · NG24 3SU
Listing removedListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented first floor apartment specifically designed for the over 55's.
This bright and spacious apartment has accommodation comprising an entrance hallway, lounge/diner, modern fitted kitchen, a double bedroom and bathroom.
The recently fitted stairlift is included within the sale. The apartment has uPVC double glazing, electric heating, and is marketed with no onward chain.
The Warwick Court development is conveniently situated for local amenities and bus routes. Please note pets are not allowed.
Situation And Amenities Balderton is located approximately three miles to the south of the market town of Newark on Trent.
Local amenities include a post office, pharmacy, supermarkets including Lidl, Tesco and Sainsburys, a Health Centre, well respected schools and regular bus services to Newark town centre.
The location is in close proximity of Route 64 of the National Cycle Network which runs from Market Harborough to Lincoln.
Newark has excellent shopping facilities including major retail chains, Marks & Spencer and Waitrose.
The town is ideally placed for commuter links with the A46 to Nottingham and Lincoln, and the A1 for travel North and South.
In addition, Newark Northgate Railway Station is on the East Coast mainline and regular trains to London take approximately 80 minutes.
Additionally Newark Castle station has trains connecting to Nottingham and Lincoln.
Accommodation Upon entering the front door, this leads into: Entrance Hallway The entrance hallway has the staircase rising to the first floor, a skylight window and two ceiling light points.
Included within the sale is the recently fitted stairlift. First Floor Landing The first floor landing has a door providing access into the inner hallway.
Inner Hallway The inner hallway has doors into the lounge/diner, bedroom and bathroom. There is a useful storage cupboard, a ceiling light point and a storage heater.
Access to the loft space is obtained from here.
Lounge/Diner (16' 3'' x 9' 10'' (4.95m x 2.99m)) This excellent sized reception room has a window to the front elevation overlooking the communal gardens.
The room is of sufficient size to accommodate both lounge and dining room furniture, and has cornice to the ceiling, a ceiling light point and a storage heater.
Glazed French doors provide access through to the kitchen.
Kitchen (11' 10'' x 5' 8'' (3.60m x 1.73m)) The kitchen has an opaque window to the rear elevation and is fitted with an excellent range of base and wall units, complemented with roll top work surfaces and tiled splash backs.
There is a one and a half bowl stainless steel sink, and integrated appliances include an oven with ceramic hob and extractor hood above, and a washing machine.
In addition there is space for a vertical fridge/freezer. The kitchen has a ceiling light point.
Bedroom (12' 4'' x 9' 7'' (3.76m x 2.92m) (including door recess)) An excellent sized double bedroom having a window to the front elevation overlooking the communal gardens.
The bedroom has two fitted wardrobes, one being single and one double. In addition there is cornice to the ceiling, a ceiling light point and an electric panel radiator.
Bathroom (8' 5'' x 5' 8'' (2.56m x 1.73m)) The well appointed bathroom has an opaque window to the rear and is fitted with a white suite comprising bath with shower mixer tap attachment, vanity unit with wash hand basin inset, and a WC.
The bathroom is enhanced with part ceramic wall tiling. In addition there is a ceiling light point, an extractor fan, a wall mounted heater and a heated towel rail.
Outside Outside there are delightful and well maintained communal gardens and a variety of seating areas. There is also a useful bin store and private parking. Council Tax The property is in Band A.
Tenure And Charges The property is leasehold on a 125 lease from new, approximate 2007.
The current ground rent is approximately £130 per annum, and the current maintenance/service charge is approximately £130 per quarter.
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 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
FAQ
About 11 Warwick Court, Warwick Road, Newark
Explore nearby