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See how verdicts work3-bedroom house · NG24 3NJ
Listing removedReduced £10k (−4.5%) on 28 AugListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful extended three bedroom family home situated in a sought after residential location.
In addition to the three bedrooms, there are three reception rooms, fitted kitchen, utility, ground floor cloakroom and first floor bathroom. The property has off road parking and a large garage.
Double glazing and gas central heating are installed. Available for purchase with no chain. More photographs to follow.
Situation And Amenities Balderton is located approximately three miles to the south of the market town of Newark on Trent.
Local amenities include a post office, pharmacy, supermarkets including Lidl, Tesco and Sainsburys, a Health Centre, well respected schools and regular bus services to Newark town centre.
The location is in close proximity of Route 64 of the National Cycle Network which runs from Market Harborough to Lincoln.
Newark has excellent shopping facilities including major retail chains, Marks & Spencer and Waitrose.
The town is ideally placed for commuter links with the A46 to Nottingham and Lincoln, and the A1 for travel North and South.
In addition, Newark Northgate Railway Station is on the East Coast mainline and regular trains to London take approximately 80 minutes.
Additionally Newark Castle station has trains connecting to Nottingham and Lincoln.
Accommodation Upon entering the front door, this leads into: Entrance Hallway The entrance hallway has a window to the front elevation and a door providing access through to the lounge.
From the hallway the staircase rises to the first floor and beneath this is a useful study area. The hallway has recessed ceiling spotlights and a radiator.
Lounge (11' 7'' x 11' 0'' (3.53m x 3.35m)) This nicely proportioned reception room has a window to the front elevation and a door into the dining room.
The lounge has vinyl flooring, a ceiling light point and a radiator.
Dining Room (8' 5'' x 8' 4'' (2.56m x 2.54m)) The dining room has openings leading into the kitchen and garden room, the same vinyl flooring, a ceiling light point and a radiator.
Kitchen (11' 7'' x 8' 11'' (3.53m x 2.72m) (at widest points)) This 'L' shaped kitchen is fitted with a good range of base and wall units, with roll top work surfaces and tiled splash backs.
There is a ceramic sink, space for a free standing gas cooker, space for a dishwasher and further space for a vertical fridge/freezer. The kitchen has a ceramic tiled floor and a ceiling light point.
Garden Room (11' 4'' x 8' 5'' (3.45m x 2.56m)) Formed within the extended part of the home, this superb addition has windows and glazed French doors leading out to the garden, together with a Velux skylight window.
The garden room has the same flooring that flows through from the lounge and dining room, recessed ceiling spotlights and a vertical panel radiator. A door leads into the utility area.
Utility Area The utility area has a stable door to the rear elevation, a Velux skylight window, vinyl flooring, space and plumbing for a washing machine, recessed ceiling spotlights and a heated towel rail.
The ground floor cloakroom is accessed from here. Ground Floor Cloakroom The cloakroom is fitted with a WC and wash hand basin, and has a ceiling light point, an extractor fan and a heated towel rail.
First Floor Landing The staircase rises from the entrance hallway to the first floor landing which has doors into the three bedrooms and the bathroom.
The landing has a useful storage cupboard and a ceiling light point. Access to the loft space is obtained from here.
Bedroom One (11' 1'' x 8' 6'' (3.38m x 2.59m)) A double bedroom with a window to the rear elevation. The bedroom has a fitted double wardrobe with sliding doors, a ceiling light point and a radiator.
Bedroom Two (8' 5'' x 8' 2'' (2.56m x 2.49m) (plus door recess)) A further double bedroom with two windows to the front elevation, a ceiling light point and a radiator.
Bedroom Three (8' 0'' x 6' 1'' (2.44m x 1.85m)) A good sized third bedroom with a window to the front elevation, a ceiling light point, cornice to the ceiling and a radiator.
This bedroom has a useful storage cupboard which is sited above the staircase.
Bathroom (8' 6'' x 6' 3'' (2.59m x 1.90m)) The bathroom has an opaque window to the rear and is fitted with a white suite comprising bath with mains rainwater head shower above, vanity unit with wash hand basin inset and storage beneath, and a WC.
The bathroom is complemented with ceramic tiling to the walls. In addition there is a ceiling light point, an extractor fan, shaver socket and heated towel rail.
Outside To the front of the property is a small lawned garden, adjacent to which is the block paved driveway which provides off road parking for two vehicles. A footpath leads to the front door.
Gated access at the side continues around to the rear garden. Rear Garden The rear garden is fully enclosed and comprises a small lawn.
Next to this is a sizeable patio area which provides a wonderful outdoor seating and entertaining space.
Garage (19' 5'' x 14' 1'' (5.91m x 4.29m)) This large garage has an up and over door to the front elevation and a window to the side. The garage is equipped with power and lighting.
Timber Store (12' 0'' x 6' 6'' (3.65m x 1.98m) (at widest points)) Situated behind the garage is a timber store which has a window to the rear elevation and equipped with power and lighting.
Council Tax The property is in Band C.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 56, Lacey Green, Newark
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