1-bedroom house · NG24 1AL
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly converted house share, situated in the centre of Newark-on-Trent, just a short walk from Costa. This huge room comes fully furnished with a built-in kitchen area and ensuite.
All bills are included along with WiFi. The home Bedroom - This large room includes a double bed with a built-in kitchen area and ensuite.
There is also a wardrobe, chest of drawers, desk, and bed side table. Kitchen Diner - A large kitchen diner fully fitted with appliances along with dining table and sofa.
Plenty of storage space along with two fridge freezers. Holding deposit - A holding fee equivalent to 1 weeks rent will be required upon application. Deposit - Deposit is equivalent to 1 months rent.
Availability - This room is available at the start of August. EPC - Energy Rating - D Viewings - available 7 days A week (subject to availability). Call to book your place.
Tenancy management - The property will be managed by Buttercross Estates for the duration of the tenancy.
Award winning service- By delivering exceptional customer service we have been voted the Best Letting Agent in Newark and Nottinghamshire by as well as winning the British Property Awards Gold Winner in Newark.
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
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FAQ
About Room 1, 46a Middle Gate, Newark
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