4-bedroom house · NG24 1SS
Listing removedListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £375,000 to £395,000. A comprehensively refurbished detached family home, occupying a larger-than-average plot within a highly desirable residential location.
Finished to an exceptional standard throughout, this impressive property has accommodation including four bedrooms, bathroom, open plan living area, dining room, cloakroom, a superb kitchen/breakfast room, utility and sauna.
Viewing is essential. Situation And Amenities This property is situated in a highly sought after residential location just off London Road in the historic market town of Newark on Trent.
Northgate railway station has fast trains connecting to London King's Cross with journey times of approximately 75 minutes.
Additionally Newark Castle station has trains connecting to Nottingham and Lincoln. There are nearby access points for the A1 and A46 dual carriageways.
The location is in close proximity of Route 64 of the National Cycle Network which runs from Market Harborough to Lincoln.
Shopping facilities in Newark include M&S food hall, 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 Porch The property is accessed via a porch to the front and this has a further door leading into the reception hallway.
Reception Hallway The reception hallway has the staircase rising to the first floor and doors into the ground floor cloakroom, the living room, the breakfast kitchen and dining room.
The hallway is complemented with lvt flooring and also has a ceiling light point.
Ground Floor Cloakroom/WC (7' 10'' x 4' 4'' (2.4m x 1.33m)) The cloakroom has an opaque window to the front elevation and is fitted with a wash hand basin and low level WC.
The room has lvt flooring, a radiator and a ceiling light point.
Living Room (22' 4'' x 12' 10'' (6.81m x 3.92m)) This fabulous sized and well proportioned reception room has a large window to the front elevation and sliding doors leading out into the rear garden.
The living room has recessed ceiling spotlights, the same lvt flooring and two double radiators.
Dining Room (9' 4'' x 9' 4'' (2.84m x 2.84m)) The dining room has a large window overlooking the garden and is enhanced with the same lvt flooring.
The room has a radiator and gold effect light fitments.
Kitchen/Breakfast Room (17' 3'' x 8' 11'' (5.27m x 2.71m)) This superb room has a window overlooking the garden, and is fitted with an excellent range of contemporary base and wall units with quartz work surfaces.
There is a one and a half bowl sink, and integrated appliances include an oven, a Lamona induction hob with extractor above, and a dishwasher. In addition there is space for a fridge/freezer.
The kitchen also has a breakfast bar and lvt flooring. The central heating boiler is located here. From the kitchen a door leads into the utility, this in turn leads to the sauna and changing area.
Utility Room (11' 1'' x 10' 0'' (3.39m x 3.06m)) The utility room has a glass roof lantern and French doors leading out to the garden.
The room is fitted with a range of base and wall units with wooden work surfaces, and has space and plumbing for both a washing machine and a tumble dryer.
There is also an open shower, recessed ceiling spotlights, a heated towel rail and lvt flooring. A door leads into the changing area.
Changing Area (10' 0'' x 5' 4'' (3.06m x 1.62m)) This area is fitted with a two person sauna and has lvt flooring, a ceiling light point and a personnel door into the garage.
First Floor Landing The staircase rises from the reception hallway to the first floor landing which provides access to all four bedrooms and the bathroom. The landing has a ceiling light point.
Master Bedroom (12' 11'' x 12' 6'' (3.94m x 3.8m)) A great sized double bedroom with a large window to the front elevation, a radiator, an open fronted wardrobe, a ceiling light/fan and a feature wood panelled wall.
Bedroom Two (13' 1'' x 12' 4'' (3.99m x 3.76m)) A wonderful sized double bedroom with a large window to the front elevation overlooking the garden, a radiator, a contemporary light fitment and wall brackets for a TV.
Bedroom Three (9' 1'' x 8' 10'' (2.77m x 2.70m)) A further double bedroom with a window to the rear elevation.
The room is currently utilised as a dressing room and has a radiator and a ceiling light point.
Bedroom Four (9' 11'' x 8' 10'' (3.02m x 2.69m)) Bedroom four is also a double and has a window to the rear elevation, a contemporary light fitment and a radiator.
Bathroom (8' 9'' x 5' 5'' (2.67m x 1.65m)) The bathroom has an opaque window to the rear elevation and is fitted with a white suite comprising bath, wash hand basin and low level WC.
The bathroom is complemented with lvt flooring and also has a radiator, a ceiling light point and an extractor fan.
Outside To the front of the property is a large garden area, and a driveway providing off road parking for several vehicles, this in turn leads to the garage. Also to the side is a carport.
Gated access leads to the rear garden. Attached Garage (18' 10'' x 9' 5'' (5.73m x 2.87m)) The garage has an electric roller door to the front and is equipped with both power and lighting.
A personnel door leads into the changing area. Rear Garden The rear garden is of a good size and enjoys a high degree of privacy.
The garden is mainly laid to lawn and contains borders containing mature shrubs. The pergola is included within the sale. Council Tax The property is in Band D.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 32, The Paddocks, Newark
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