2-bedroom house · NG24 5BD
No longer listedListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Newark-on-Trent, a charming market town surrounded by picturesque green spaces, this beautiful development offers the perfect place to call home.
You’ll have easy access to all everyday amenities, including a range of restaurants, village pubs, shops, a post office and county parks.
With walking and cycling trails, and vibrant city centres such as Lincoln & Nottingham being closely located,?Fernwood Village provides the perfect mix of rural and urban living.
For those looking to commute, the A1 takes less than 4 minutes to reach by car.
In Newark town centre, you can reach the train station in just over 10 minutes by car, here you’ll find some excellent connections to nearby locations, as well as a direct train to London Paddington.
There are a variety highly rated primary and secondary schools within the local area, catering for all educational needs. To access the development, please use postcode NG24 3UA (Phoenix Lane).
Rent: £1025 Deposit: £1,182.69 Tenancy Length: 12 Months Council Tax Band: TBC Available: 14/10/2026 Images are demonstrative of this property type.
The images are therefore not plot or site specific and spec may vary slightly. Properties are let unfurnished.
At Simple Life, we appreciate how important your furry companions are to you, that’s why we have allocated a pet allowance per site, helping your pets to feel right at home too.
All pets need to be applied for in advance using the Pet Application Form. Submitting an application form does not guarantee pet acceptance.
Simple Life reserve the right to refuse any pets at any time. For more details please see our full Pet Policy.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Elsham Place, Newark, NG24
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