2-bedroom flat · NG23 5FS
Listing removedListed 263 days
Opportunity summary
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About
A superbly presented two bedroom ground floor apartment available for purchase with no chain.
In addition to the two double bedrooms, the property has a fabulous open plan living, dining and kitchen area, and a well appointed bathroom.
A particular feature is the sun terrace to the rear and private garden, together with the delightful countryside views.
The property is double glazed, has gas central heating and an allocated parking space.
Situation And Amenities The sought after village of Claypole is situated approximately 5 miles south east of the historic market town of Newark-on-Trent, where there is a fast track railway link to London Kings Cross from Newark North gate station taking just over an hour.
There is also access to Lincoln and Nottingham via Newark Castle station. Claypole is located with access onto the A1, with links to Grantham, and Lincoln (via the A46).
The village benefits from a good range of amenities including a village shop, coffee shop, local butchers, hairdressers, (Five Bells) public house and restaurant, village hall and an excellent Primary school.
Accommodation Upon entering the front door, this leads into: Entrance Hallway The 'L' shaped entrance hallway provides access to all rooms.
The airing cupboard housing the central heating boiler is located here. The hallway has wood laminate flooring, a ceiling light point and a radiator.
Living/Dining/Kitchen Area (21' 6'' x 13' 1'' (6.55m x 3.98m) (at widest points)) This fabulous open plan living space has windows, and French doors providing access out to the private garden, with delightful views across open countryside.
The kitchen area is fitted with an extensive array of contemporary base and wall units, complemented with roll top work surfaces and metro 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, fridge and freezer.
In addition there is space for a slim-line dishwasher and further space and plumbing for a washing machine. Also within the kitchen area is a breakfast bar and a window to the side elevation.
The entire room has wood laminate flooring, a radiator and three ceiling light points.
Bedroom One (12' 7'' x 12' 0'' (3.83m x 3.65m) (excluding wardrobes)) A superb sized double bedroom having a window to the rear elevation overlooking the garden and countryside.
The bedroom has twin fitted wardrobes, wood laminate flooring, a ceiling light point and a radiator.
Bedroom Two (11' 8'' x 8' 1'' (3.55m x 2.46m)) A double bedroom with a window to the front elevation, wood laminate flooring, a ceiling light point and a radiator.
This bedroom also has a useful fitted storage cupboard.
Bathroom (10' 0'' x 5' 11'' (3.05m x 1.80m)) The well appointed bathroom has an opaque window to the front elevation and is fitted with a white suite comprising 'P' shaped bath with mains shower above, vanity unit with wash hand basin inset and storage beneath, and WC.
The bathroom is enhanced with part ceramic wall tiling. In addition there is a ceiling light point, an extractor fan and a heated towel rail.
Outside To the front of the property is an allocated parking space. To the rear is a raised deck leading out onto a private rear garden which is laid primarily to lawn and edged with borders.
From here there are fantastic views across the open countryside.
Lease Information We have been informed that the property is leasehold on a 999 year lease from July 2007, with approximately 980 years remaining.
There is a current Ground Rent of £80 per annum and a current service charge of £1,056 per annum which includes buildings insurance. Council Tax The property is in Band A.
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
About 17, Peacocks Launde, Newark
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