62, Grange Road, Newark, NG24 4LT

***turnkey ready*** Guide Price £110,000 to £120,000 This two double bedroom first-floor flat offers a fantastic opportunity for both first-time buyers looking to step onto the property ladder and savvy investors seeking a high-yield addition to their portfolio.

Marketed at £110,000, the property boasts an impressive potential rental yield of 7.5% – 8%.

Peace of mind comes standard here, with a new boiler installed in October 2024 and exceptionally low holding costs, including a service charge of approximately £250 per annum and ground rent at just £10 per year.

Property Highlights: Downstairs Versatile Storeroom: Could be used as a store, drying room or made into an office.

Spacious Lounge: A bright and airy primary living area featuring neutral décor, and a focal fireplace. There is ample room for both a substantial seating area and a dining set.

Modern Kitchen: A well-appointed galley-style kitchen with sleek cabinetry, butcher-block style worktops, and a classic subway tile backsplash.

It comes equipped with an integrated oven, hob, dishwasher and dedicated space for laundry appliances. Bedrooms & Bathroom Two Double Bedrooms: Both bedrooms are generously proportioned doubles.

The primary bedroom features large windows allowing for plenty of natural light, while the second bedroom offers versatility as a guest room or a spacious home office.

Shower Room: A clean, fully tiled suite featuring a walk-in shower, pedestal wash basin, and a bright, fresh atmosphere.

External Features Private Garden: Unlike many flats, this property benefits from its own low-maintenance rear garden space-ideal for summer BBQs and outdoor relaxation.

There is also a residents parking area providing off road parking.

Located in a popular area of Newark, this property is close to local amenities, schools, and transport links, making it a convenient choice for families and professionals alike.

Agent's Note: With the recent boiler upgrade and incredibly low annual charges, this flat is "turn-key" ready.

Its spacious layout and private garden make it highly desirable for the local rental market.

Entrance Hall Store Room (2.82m x 2.01m (9'3 x 6'7)) Max measurements First Floor Lounge Diner (4.67m x 4.39m (15'4 x 14'5)) Max measurements Kitchen (3.78m x 2.26m (12'5 x 7'5)) Bedroom One (3.96m x 3.20m (13'0 x 10'6)) Bedroom Two (3.96m x 2.82m (13'0 x 9'3)) Shower Room (1.96m x 1.65m (6'5 x 5'5))