3-bedroom detached house · NG24 4XD
Listing removedListed 255 days
Opportunity summary
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About
***TOWN CENTRE LOCATION*** This three bedroom detached home is nestled within the conservation area of Pelham Street and is within walking distance to Newark Town centre and Castle Gate train station.
The house was built in the 1950's and sits on a well proportioned plot with parking for several vehicles.
The ground floor accommodation comprises an entrance hall, a lounge with a gas fire, an open plan kitchen diner with French doors leading to the conservatory which looks out onto the well maintained gardens.
The kitchen diner has wall & base units incorporating a breakfast bar and an integrated ceramic hob with an electric oven.
There are three bedrooms with fitted wardrobes to bedrooms one & two and a four piece family bathroom. The property benefits from gas central heating via a combi boiler and UPVC double glazing.
The property benefits from well maintained front & rear gardens which are mainly laid to lawn with flower beds, a paved seating area, a large driveway and a garden shed.
This property is located within walking distance to Newark town where you will find lots of amenities, has easy access to local schools and has easy access to good transport links to include the A46, A52, A17 and the A1.
Sconce Park is approximately half a mile away where you can enjoy countryside walks. Newark is a busy market town situated on the river Trent where the Fosse Way meets the Great North Road.
Nottingham, Lincoln, Doncaster and Leicester all lie within commuting distance, whilst the east coast mainline allows London King Cross to be reached within 1 hour and 15 minutes.
Entrance Hall - Lounge - 4.01m x 3.91m (13'2 x 12'10) - Kitchen Diner - 6.07m x 3.30m (19'11 x 10'10) - Conservatory - 4.17m x 4.14m (13'8 x 13'7) - max measurements Bedroom One - 4.01m x 3.91m (13'2 x 12'10) - Bedroom Two - 3.66m x 3.30m (12'0 x 10'10) - Bedroom Three - 2.16m x 2.06m (7'1 x 6'9) - Bathroom - 2.39m x 2.34m (7'10 x 7'8) -
Value & comps
No previous sales on record.
Returns
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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
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