3-bedroom semi-detached house · NG24 2BE
Sold STCListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious three bedroom semi detached property of non-standard construction, located a short distance from the town centre. The property, although well laid out, would benefit from some updating.
In addition to the three bedrooms, there is a living room, a kitchen/diner, conservatory, a ground floor shower room and a first floor bathroom.
The property has off road parking and a good sized garden to the rear. Double glazed, gas centrally heated and available for purchase with no chain.
Situation And Amenities This property is situated in a residential location a short distance from Newark town centre.
Northgate railway station has fast trains connecting to London King's Cross with journey times of approximately 75 minutes.
Additionally Newark Castle station has trains connecting to Nottingham and Lincoln. There are nearby access points for the A1 and A46 dual carriageways.
The location is in close proximity of Route 64 of the National Cycle Network which runs from Market Harborough to Lincoln.
Shopping facilities in Newark include M&S food hall, Asda, Waitrose, Morrisons and Aldi.
Newark also boasts several individual boutique shops as well as major retail chains and an array of markets.
There is a wide range of schooling in the area, and leisure facilities are plentiful including a fine choice of restaurants and bars, fitness centres, gymnasiums and golf courses.
Accommodation Upon entering the front door, this leads into: Entrance Hallway The entrance hallway has a small window to the front elevation, the staircase rising to the first floor and doors leading through to the living room and the kitchen/diner.
The hallway has laminate flooring, a ceiling light point and a radiator. There is also a cupboard sited beneath the staircase which houses the electricity and gas meters.
Living Room (13' 11'' x 10' 4'' (4.25m x 3.15m)) An excellent sized reception room with a window to the rear elevation, a feature fireplace (non working), laminate flooring, a radiator and a ceiling light point.
Kitchen/Diner (20' 10'' x 10' 0'' (6.36m x 3.04m)) This fabulous sized room has windows to the rear front and rear elevations, and a door leading to the side lobby.
The kitchen area is fitted with a range of wall and base units with wooden roll top work surfaces. There is a stainless steel sink, and an integrated oven and hob with extractor above.
The room has spotlights to the ceiling and a radiator. The central heating boiler is located here.
Side Lobby Area (7' 9'' x 4' 2'' (2.37m x 1.26m)) The lobby area has a door leading to the front of the property, an archway leading through to the conservatory and a further door into the ground floor shower room.
This versatile space has laminate flooring, a radiator and a ceiling light point.
Ground Floor Shower Room (5' 5'' x 4' 2'' (1.66m x 1.26m)) This room has an opaque window to the front aspect and is fitted with a walk-in shower cubicle with electric shower, low level WC and wash hand basin.
There is a radiator, a ceramic tiled floor and a ceiling light point.
Conservatory (15' 2'' x 6' 6'' (4.63m x 1.97m)) A bright and spacious conservatory of dwarf brick wall construction and a upvc frame with a window to the rear elevation and French doors leading out into the garden.
The room has laminate flooring.
First Floor Landing The staircase rises from the entrance hallway to the first floor landing which has an opaque window to the front aspect and doors into the three bedrooms and the bathroom.
Access to the loft space is obtained from here.
Bedroom One (11' 0'' x 9' 11'' (3.35m x 3.03m)) An excellent sized double bedroom with a window overlooking the garden, two storage cupboards, laminate flooring, a ceiling light point and a radiator.
Bedroom Two (13' 9'' x 8' 6'' (4.18m x 2.60m)) A further good sized double bedroom having a window overlooking the rear aspect, laminate flooring, a radiator, fitted drawers and a ceiling light point.
Bedroom Three (9' 11'' x 6' 11'' (3.01m x 2.12m)) A good sized third bedroom with a window to the front elevation, laminate flooring, a ceiling light point and a radiator.
The bedroom also has a small storage cupboard.
Bathroom (6' 6'' x 5' 3'' (1.99m x 1.59m)) The bathroom has an opaque window to the side elevation and is fitted with a bath with electric shower over, low level WC and wash hand basin.
The room has vinyl flooring, a ceiling light point and a heated towel rail.
Outside To the front of the property is a tarmac driveway with block paved borders providing off road parking for two vehicles. There is also a small gravel area.
Rear Garden To the rear of the property is a good sized garden laid primarily to lawn. There is a patio area and a gravelled area which are ideal for outdoor dining and entertaining.
The garden shed is included within the sale. Council Tax The property is in Band A.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
FAQ
About 11, Stephen Road, Newark
Explore nearby