2-bedroom flat · NG22 9FH
Listing removedListed 470 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fountain Park is a modern development designed specifically for the over 55's. Rent being £658 pcm with a Service Charge of £112pcm being £770 pcm on total.
Fountain Park is a modern development designed specifically for the over 55's. Rent being £658 pcm with a Service Charge of £112pcm being £770 pcm on total.
This two bedroom first floor well presented apartment offers a entrance hallway with large open plan kitchen/living room, two bedrooms and family bathroom suite with separate shower cubicle.
You have the choice of a lift or stairs to the first floor, there is a intercom system and the property is all set within private grounds for residents only.
Ollerton is a small town in Nottinghamshire, located on the edge of Sherwood Forest in the area known as the Dukeries.
It forms part of the civil parish of Ollerton and Broughton and is in Newark and Sherwood District.
As you enter the front door of the apartment you enter in a good sized entrance hall with storage cupboard off.
There is a fantastic open plan lounge/kitchen having fitted pine effect wall and base units and plenty of work surface for all that food preparation.
There is a fitted electric oven, gas hob and extractor fan along with plumbing for a washing machine.
This room is really light and airy and you can imagine sitting back and relaxing and watching the world go by. There are two bedrooms one really good sized double and the other is a single.
The bathroom is a fantastic size and comprises of modern white bath, toilet and separate shower cubicle with electric shower.
Therefore you have the choice of a quick shower in the morning to get you going or a long soak in the evening with that well earned glass of wine.
This apartment is well presented throughout and comes with gas central heating and is fully double glazed. The development has a private gated access with communal parking and garden area.
This property offers a unique opportunity for the over 55s, individuals or couples to rent an apartment in a residential complex. Please email our office to arrange a viewing.
Rent is £649 pcm with a service charge of £112 pcm.
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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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 24, Fountain Park, Near Newark
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