Eyes On… This Weeks Investments In Newark

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This weeks round up of new properties for sale in NG24, up to a value of £150,000.

A quick reference guide to what is on offer, for how much and what you can expect as an investor.

Address: Apple Tree Close, Newark
Type: 2 Bedroom Ground Floor Apartment
Asking Price: £85,000
Estate Agent: Newton Fallowell
Condition: Modern
Rent Range: £450-475 pcm
Yield: 6.71%
Comments: Ideal for table football fans.

Address: 2 Century Street, Newark, NG24 1QP
Type: 3 Bedroom Mid Terraced House
Asking Price: £94,950
Estate Agent: Richard Watkinson
Condition: Tired and needs some work.
Rent Range: £500-550 pcm
Yield: 6.95%
Comments: They’ve embraced the feature wall. 2 bathrooms are a bonus.

Address: Johnsons Road, Fernwood
Type: 2 Bedroom Second Floor Apartment
Asking Price: £108,995
Estate Agent: Martin & Co
Condition: Ready to rent
Rent Range: £475-500 pcm
Yield: 5.50%
Comments: 2 bed apartment for the price of a 2 bed townhouse.

Address: 15 Wetsyke Lane, Balderton, NG24 3NY
Type: 3 Bed Semi Detached House
Asking Price: £123,500
Estate Agent: JHW Home
Condition: Needs modernising
Rent Range: £650-700 pcm
Yield: 6.80%
Comments: 3 bed homes in Balderton are in short supply. Please change the fire surround.

Address: 27 Staunton Road, Newark, NG24
Type: 3 Bed Semi Detached House
Asking Price: £124,950
Estate Agent: Winkworth
Condition: Ready to rent
Rent Range: £575-625 pcm
Yield: 6.00%
Comments: Recently renovated with a lack of imagination. Needs some life. Typical rental standard.

Address: 9 The Gateway, Newark, NG24 1TZ
Type: 2 Bedroom Coach House
Asking Price: £125,000
Estate Agent: Kirkland & Lane
Condition: Ready to rent
Rent Range: £525-575 pcm
Yield: 5.52%
Comments: Quirky living spaces often appeal to tenants.

Address: 2 Jallands Row, Newark, NG24 1JU
Type: 2 Up, 2 Down Terraced House
Asking Price: £145,000
Estate Agent: Winkworth
Condition: Typical character property
Rent Range: £475-525 pcm
Yield: 4.34%
Comments: Great location for the town centre. Lovely green street.

Buttercross Best Buy
Address: 3 Lincoln Road, Newark, NG24 2BU
Type: 3 Bed Semi Detached House
Asking Price: £145,000
Estate Agent: Richard Watkinson
Condition: Polystyrene tiles on the wall, need I say more?
Rent Range: £750-800 pcm
Yield: 6.62%
Comments: Requires a complete refurbishment and depending on the purchase price, could make an excellent flip opportunity.

If you’ve seen a property in Nottinghamshire and would like a detailed report on it’s investment potential, call us on 01636 343014, or better still pop in for a chat and a cuppa.

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