EYES ON…..THIS WEEKS INVESTMENTS IN NEWARK!!

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

Here’s a quick reference guide to what is on offer, for how much and what you can expect as an investor!

Address: 41 smith street, Balderton, Newark, NG24 3BA
Asking Price: £109,950
Property Type: 2 Bed Mid-Terraced
Estate Agent: Jon Brambles
Condition: Ready to Rent
Rent Range: £500-550pcm
Yield: 6.0%
Comments: Well presented property with low running costs, good property for a couple or family on a budget. Current owners purchased it for £97,000 in June 2016 and aside from a couple of colour changes, it’s not changed since then.

Address: 8 Harrisons Way, Newark, NG24 1NS
Asking Price: £150,000
Property Type: 3 Bed Semi Detached
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £575-625pcm
Yield: 5%
Comments: First purchased brand new in July 2013 for £121k, ideal first time investment as maintenance costs are going to be low and no work is required. It’s a 2 and a half bedroom so is likely to attract a professional couple as that small garden may put families off.

Address: 36 Kingsnorth Close, Newark, NG24 1PS
Asking Price: £134,950
Property Type: 3 Bed Semi Detached
Estate Agent: New home Agents
Condition: Unknown
Rent Range: £575-625pcm (assuming good condition)
Yield: 5.56%
Comments: from looking at floorplans of similar properties, it’s a good sized family home however it’s hard to say how much work is required as it seems to be camera shy. Could be worth though as it’s priced well for a quick sale.

Address: 2 Century St, Newark, NG24 1QP
Asking Price: £125,000
Property Type: 3 Bed Mid-Terrace
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £525-575pcm
Yield: 5.52%
Comments: Popular location for families with Barnby Road Academy just round the corner; an immaculately presented #7 sold in Feb 2018 for £115,000 with a rear extension, i’m not sure why this house is £10k more?

Address: 84 North Gate, Newark, NG24 1HF
Asking Price: £110,000 (Auction Guide Price)
Property Type: 3 Bed Detached House
Estate Agent: J H Walter
Condition: Finishing touches Required
Rent Range: £600-650pcm
Yield: 7.09%
Comments: Love a character property (especially those beams!) however the lack of parking and a car garage as your neighbour may put potential tenants off. Work wise, carpets need laying in a few of the rooms and you’ll need to get an EPC done and hope that it’s at least an ‘E’ before you can let it out.

Address: 13 Newnham Rd, Newark, NG24 1HY
Asking Price: £99,950
Property Type: 2 Bed End Terrace
Estate Agent: Jon Brambles
Condition: Light Work Required
Rent Range: £450-500pcm
Yield: 6%
Comments: Unusual choice to put kitchen units in the dining room but whatever works, I’d loose the units and update that kitchen (eek!) but after that the rest of property can be left alone. Good budget property for first time renters.

Address: Ringrose Close, Newark, NG24 2JL
Property Type: 2 Bed Semi Detached
Asking Price: £135,000
Estate Agent: Purple Bricks
Condition: Ready to Rent
Rent Range: £500-550pcm
Yield: 4.90%
Comments: Good first time investment due to minimal upkeep although i’m unsure on that asking price but the last 2 bed sold in 2014. We recently let #56 for £550pcm and i don’t feel this is worth any more so if you want more yield you don’t to get negotiating!

Buttercross Best Buy
Address: Flat 2, The Old Chapel, Lovers Lane, NG24 1HU
Property Type: 1 Bed First Floor Flat
Asking Price: £45,000 (Auction Guide Price)
Estate Agent: Auction House
Condition: Ready to Rent
Rent Range: £400-450pcm
Yield: 12% (not including service charges)
Comments: Fantastic little apartment for a first time investor, we recently let #4 for £450pcm and would say the same for this one. Close to town and the train station..#GoForIt!

If any of these properties have caught your eye and you’d like to discuss it’s investment potential, call us on 01636 343014, or better still pop in for a chat and a cuppa.

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EYES ON….THIS WEEK INVESTMENTS IN NEWARK!!!

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Here is this weeks round up of new properties for sale in NG24, i’ve gone up to a value of £160,000 this time for some more selection, there were so many reductions that i hadn’t got much to show you!

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

Address: 16 Lawrence Street, Newark, NG24 1NE
Asking Price: £160,000
Property Type: 3 Bed Semi-detached
Estate Agent: Winkworth
Condition: Ready to Rent
Rent Range: £625-675pcm
Yield: 5.06%
Comments: Purchased in March 2017 for £105,550 in a right mess, this property has undergone some major refurbishment and the finished product is fantastic, love that they removed the partition wall to make a desirable open plan kitchen/diner.

Address: The Tankard Building, Warwick Brewery, Newark, NG24 1TX
Asking Price: £160,000
Property Type: 2 Bed First Floor Duplex Apartment
Ground Rent: £100 PA
Service Charge: £1370.69 PA
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £625-675pcm
Yield: 5.02% (inc GR and SC)
Comments: Fabulous apartment locate in a desirable development, brilliant first time buy as no work is required however NOTHING in this block has sold for more than £140,000 so as lovely as this is, i’m not sure why it’s so much.

Address: 7 Greenway, Newark, Nottinghamshire NG24 4JE
Asking Price: £155,000
Property Type: 3 Bed Semi-detached
Estate Agent: Richard Watkinson
Condition: Ready to Rent
Rent Range: £575-625pcm
Yield: 4.84%
Comments: Another property that’s had some money spent on it, a large family room extension and loft conversion makes for a great family home; the extension makes it difficult to value but a 4 bed sold Dec 2016 for £142,500.

Address: Fairfax Avenue, Newark, NG24 4PQ
Asking Price: £140,000
Property Type: 3 Bed Semi-detached
Estate Agent: CPG Property
Condition: Ready to Rent
Rent Range: £550-600pcm
Yield: 5.14%
Comments: Located just a couple of streets away from Greenway, this property is equally well presented but doesn’t have as much space although it does have a man cave, any takers?

Address: 18 Wilfred Avenue, Balderton, Newark, NG24 3DS
Asking Price: £140,000
Property Type: 3 Bed End of Terrace
Estate Agent: Edlin and Jarvis
Condition: Ready to Rent
Rent Range: £550-600pcm
Yield: 5.14%
Comments: Ideal family home, looks great throughout although number 5 sold in August 2017 for £129,950 with a slightly higher finish and new carpets so i’d either negotiate or look at the larger property above.

Buttercross Best Buy
Address: The Cavalier Building, Warwick Brewery, Newark, NG24 1TL
Asking Price: £137,500
Property Type: 2 Bed First Floor Duplex Apartment
Estate Agent: Newton Fallowell
Ground Rent: £100 PA
Serivce Charge: £760.13
Condition: Ready to Rent
Rent Range: £600-650pcm
Yield: 5.64% (inc GR and SC)
Comments: Another apartment at Warwick Brewery, the initial outlay and running costs are lower with this one so ideal if you liked the look of the first one but can’t quite stretch that far.

Address: 159 Grove Street, New Balderton, NG24 3AS
Asking Price: £100,000
Property Type: 2 Bed Ground Floor Flat
Estate Agent: Edlin and Jarvis
Ground Rent AND Service Charge: £600 PA
Condition: Ready to Rent
Rent Range: £425-475pcm
Yield: 5.67% (inc GR and SC)
Comments: Well presented and budget friendly property previously purchased October 2016 for £76,000 in a very different condition, the vendors have brought this property right up to date and ready for your next tenant.

Address: Pond Close, Fernwood, Newark, NG24 3RU
Asking Price: £90,000
Property Type: 1 Bed First Floor Apartment
Service Charge: £277.68 PA
Estate Agent: Jon Brambles
Condition: Ready to Rent
Rent Range: £375-425pcm
Yield: 5.65%
Comments: Bought new in 2007 for £92,995, there haven’t been any 1 bed flat sales within 1/2 mile of the area in several years but the last 2 bed sold for £95,000 on the next street without a garage but it’s much bigger.

If you’ve seen a property in Newark or 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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EYES ON….THIS WEEKS INVESTMENTS IN NEWARK!!!

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

As ever, here’s a quick reference guide to what is on offer, for how much and what you can expect as an investor although i have to say, i’m looking forward to a fresh new bunch in the new year!

Address: 9 St Augustines Close, Newark, Nottinghamshire, NG24 1SY
Asking Price: £145,000
Property Type: 3 Bed Mid Terrace
Estate Agent: Richard Watkinson
Condition: Some Modernisation Required
Rent Range: £600-650pcm (after work)
Yield: 5.38%
Comments: Unusual USP’s with this terrace, a garage, driveway and a sink in the bedroom! Modernise some of the dated features and check that EPC as it’s not been rated yet. Number 4 sold in Jan 2016 for £125,000 with a brighter finish.

Address: 216 London Road, Balderton, NEWARK, NG24 3HD
Asking Price: £140,000
Property Type: 3 Bed End of Terrace
Estate Agent: William H Brown
Condition: Full Refurbishment Required
Rent Range: £600-650pcm (after work)
Yield: 5.57%
Comments: Another terrace with garage and a driveway except this one needs much more work, it’s suffering with damp which isn’t helped by the solid walls so keep an eye on that. EPC checks out but it’s scraped an E..would you pay £140,000 for this?

Buttercross Best Buy
Address: 10 Philip Road, Newark, NG24 4LX
Asking Price: £112,500
Property Type: 3 Bed Mid Terrace
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £500-550pcm
Yield: 5.87%
Comments: Great first time investment, neutral and well present with no work required. Number 19 sold in September with a conservatory for £125,000.

Address: 29 Edward Avenue, Newark, NG24 4UZ
Asking Price: £92,500
Property Type: 1 Bed Town House
Estate Agent: Winkworth
Condition: Some Modernisation Required
Rent Range: £400-450pcm (After work)
Yield: 5.84%
Comments: Generally a great property, the kitchen and utility could really do with an update even if it’s just the doors fronts and it’s a camera shy bathroom. No EPC so wait for that before committing.

Address: 27 Bromley Avenue, Newark, NG24 4DS
Asking Price: £125,000
Property Type: 2 Bed Semi Detached
Estate Agent: Alasdair Morrison
Condition: Ready to Rent
Rent Range: £500-550pcm
Yield: 5.28%
Comments: Another one without an EPC, last 2 bed sold was this one 10 years ago for £115,000. Property is ready to go, more could be done with garden but it’s certainly not offensive, just need a tenant.

If you’ve seen a property in Newark or 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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Eyes On… This Weeks Investment Properties In Newark

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

As ever, here’s a quick reference guide to what is on offer, for how much and what you can expect as an investor.

Address: 2 Stafford Avenue, Balderton, NG24 3DP
Asking Price: £129,950
Estate Agent: Winkworth
Condition: Ready to rent
Rent Range: £575-625pcm
Yield: 5.77%
Comments: After making this property of the week back in August, it’s great to see it’s been renovated very well. Loving the disco lights for the kitchen. Number 6 sold in January 2017 for £124,000.

Address: Linden Avenue, Newark, NG24 3AT
Asking Price: £90,000
Estate Agent: Jon Brambles
Condition: Ready to rent
Rent Range: £425-450pcm
Yield: 6%
Comments: Well kept and comes with a garage and garden. Also comes with a lease less than 70 years which means it will not be mortgageable and you’ll have problems selling it in future. This needs to be sorted before buying or you’re taking a huge risk.

Address: John Gold Avenue, Newark, NG24 1RU
Asking Price: £90,000
Estate Agent: Jon Brambles
Condition: Ready to rent
Rent Range: £500-525pcm
Yield: 7%
Comments: Another two bed apartment from Jon Brambles but this time with an acceptable lease length.

Address: 8, Oliver Close, Newark, NG24 1RS
Asking Price: £117,000
Estate Agent: Winkworth
Condition: Ready to Rent
Rent Range: £500-550pcm
Yield: 5.64%
Comments: Recently renovated, ready to be tenanted and a great first time investment, number 7 sold in July 2017 for £112,000.

Address: 18 Beacon Hill Road, Newark, NG24 1NU
Asking Price: £142,950
Estate Agent: Haart
Condition: Refurbishment Required
Rent Range: £600-650pcm (after refurb)
Yield: 5.46%
Comments: Get your sleeves rolled up and get the paint out! Just dull down those bright colours, change those crazy carpets and sort out a swanky new kitchen…sorted!

Address: Mill Gate, Newark, NG24 4TR
Asking Price: £85,000
Estate Agent: Jon Brambles
Condition: Ready to Rent
Rent Range: £400-450pcm
Yield: 6.35%
Comments: Great, centrally located refurbished apartment with a bonus integrated garage. Service Charges and Ground Rent tbc, 67 year lease with the option to extend.

Address: Clumber Avenue, Newark, NG24 4DT
Asking Price: £132,950
Estate Agent: Haart
Condition: Light work required
Rent Range: £575-625pcm (after work)
Yield: 5.64%
Comments: Lots of space and only a small amount of work needed, tiles and kitchen units could do with an update and maybe dial down the really bright colours but you’ll need to get it above an ‘F’ before you can let it.

Address: Cromwell Road, Newark, NG24 1RP
Asking Price: £107,000
Estate Agent: Martin and Co
Condition: Ready to Rent
Rent Range: £450-500pcm
Yield: 5.61%
Comments: Aside from the sketchy photo quality, the property is ready to go, a 2 bed just 2 streets away sold in Oct 2017 for £96,000 in similar condition.

Address: Kings Road, Newark, NG24 1HB
Asking Price: £85,000
Estate Agent: Richard Watkinson
Condition: Update Required
Rent Range: £400-450pcm (once refurbed)
Yield: 6.35%
Comments: Get some new carpets in and a fresh coat of paint throughout, lose the dated kitchen and curtains and you’ll be well on your way to a desirable rental property.

If you’ve seen a property in Newark or 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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EYES ON…THIS WEEKS INVESTMENTS IN NEWARK!!

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

As ever, here’s a quick reference guide to what is on offer, for how much and what you can expect as an investor.

Address: 4 Greenway, Newark, NG24 4JE
Type: 3 Bed Semi-Detached
Asking Price: £145,000
Estate Agent: Newton Fallowell
Condition: Some modernisation required.
Rent Range: £550-600pcm (once completed)
Yield: 4.97%
Comments: Nestled within Hawtonville,this 3 bed semi is crying out for an update, no bathroom or bedroom photos suggests it’s as dated or worse than the living room. Considering how much needs to be spent on this, the price is a way off, a pristine 4 bed sold for £142,500 in December.

Address: 12 Pond Close, Fernwood, Newark, NG24 3RU
Type: 3 Bedroom Town House
Asking Price: £145,000
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £600-650pcm
Yield: 5.38%
Comments: Very well presented town house ideal for a first time investor with little/no work required meaning it could be marketed straight away; the vendors purchased this is in March for £139,500 so they aren’t making much after fees. 3 bed town house in Fernwood with a large garden and 2 parking spaces, perfect.

Address: Clipsham Close, Newark, NG24 3LD
Type: 2 Bed Semi-Detached
Asking Price: £132,950
Estate Agent: Haart
Condition: Ready to Rent
Rent Range: £550-600pcm
Yield: 5.42%
Comments: Cosey little house perfect for a couple or singleton, the camera shy bathroom does worry me but the driveway is always a tenant pleaser and it’s in a great location. Don’t be put off by the nearby train line, it’s not THAT close and our tenants on the same street don’t seem to notice it!

Address: Milton Street, Balderton, Newark, NG24 3AP
Type: 3 Bed Semi-Detached
Asking Price: £127,000
Estate Agent: Purple Bricks
Condition: Complete Renovation Required
Rent Range: £600-650pcm
Yield: 6.14%
Comments: Not for the faint hearted, brilliant opportunity for those who aren’t afraid of getting their hands dirty, 25k on renovations and you’d still get 5.1% yield. We let the exact same style of property on Shakespeare Street mid renovation for £650pcm, thanks to early advertising the landlords had no void period.

Address: 8 Wright Street, Newark, NG24 1PJ
Type: 2 Bed Mid-Terrace
Asking Price: £112,500
Estate Agent: CPG Property Ltd
Condition: Ready to Rent
Rent Range: £475-525pcm
Yield: 5.6%
Comments: Colourful 2 bed home within Barnby Road Academy catchment area making it great for small families, good first time investment as it’s reasonably priced and little work is required but don’t get drawn in by the converted loft space, you need to check the legalities of the staircase.

Buttercross Best Buy
Address: Apartment 3, Dobsons Quay, Newark, NG24 1EU
Type: 1 Bed Ground Floor Apartment
Asking Price: £95,000
Estate Agent: Jon Brambles
Condition: Ready to Rent
Rent Range: £425-475pcm
Yield: 6%
Comments: Lovely modern apartment located on the banks of the River Trent in Newark town centre, with an allocated parking space to the rear and 5 minutes walk to Newark Castle station, it’s ideal for a working professional or couple. I have nothing bad to say about this apartment, no work required, in a great location and hello 6% yield!

If you’ve seen a property in Newark or 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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EYES ON…This Weeks Investments In Newark!!

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

As ever, here’s a quick reference guide to what is on offer, for how much and what you can expect as an investor.

Address: The Ivies, Newark, Nottinghamshire
Type: 2 Bed Semi-Detached
Asking Price: £135,000
Estate Agent: Alasdair Morrison
Condition: Ready to Rent
Rent Range: £550-600pcm
Yield: 5.33
Comments: Rare opportunity for stunning 2 bed home with double rooms and lovely kitchen in a desirable area of Farndon, ideal for a commuting professional couple with the A46 close by; perfect ready to rent first time investment.

Address: 37 Emmendingen Avenue, Newark, NG24 2FX
Type: 4 Bed End of Terrace
Asking Price: £145,950
Estate Agent: Haart
Condition: Ready to Rent
Rent Range: £645-695pcm
Yield: 5.71
Comments: Last sold in 2012 for £112,000 in the exact same condition, although it’s more like a 3 bed and box room, the size and decor still makes it appealing to families and it’s ideally located between the A1/A46 and the town centre.

Address: Hazel Grove, Balderton, NG24 3BQ
Type: 2 Bed Semi-Detached
Asking Price: £125,000
Estate Agent: Jon Brambles
Condition: Some Modernisation Required
Rent Range: £550-600pcm (once renovated)
Yield: 5.76%
Comments: Located in the popular lakeside development, one for an investor that fancies a fixer upper, the cupboard doors need changing in the kitchen, the awful fitted wardrobes have to go and who knows what surprise lies in the bathroom!

Buttercross Best Buy
Address: 39 Apple Tree Close, Newark, NG24 2FA
Type: 2 Bed Second Floor Apartment
Asking Price: £87,000
Estate Agent: Now Homes
Condition: Ready to Rent
Rent Range: £475-525pcm
Yield: 7.24
Comments: A perfect first time investment, great yield, minimal maintenance and a reasonable asking price. Ideal for tenants working on the industrial estate, town centre and KnowHow with added bonus of allocated parking for those who commute.

Address: Grove Street, Balderton, Newark, NG24 3AS
Type: 3 Bed Mid-Terrace
Asking Price: £125,000
Estate Agent: Haart
Condition: Ready to Rent
Rent Range: £500-550pcm
Yield: 5.25%
Comments: Good for schools and the A1 although the lack of parking may put tenants off; the last two 3 bedroom houses on Grove St sold for £110,000 and £112,000 in the same condition, why is this £125,000?

If you’ve seen a property in Newark or 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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EYES ON…The Investment of The Week in Newark!!

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Here’s my investment property of the week in NG24 for less than £150,000

Address: Stafford Ave, New Balderton, Balderton, Newark NG24 3EG
Type: 3 Bed Mid-Terrace House
Asking Price: £99,950
Estate Agent: William H Brown
Condition: Requires renovation
Rent Range: £525-575pcm (once completed)
Yield: 6.9%

Fantastic opportunity in a cul-de-sac off Hawton Lane on the edge of New Balderton, perfect for a landlord or investor who doesn’t mind getting their hands dirty..or someone else’s! Spacious living accommodation, off road parking and great location for families, once renovated, this property will plenty boxes for potential tenants.

Ideal for as a buy to let, fix and sell or a first time buy, the stylish slate grey windows and door frame would suggest they have been recently fitted so just the inside remains; I’ve found that tenants don’t like downstairs bathrooms or separate bathrooms and toilets, why would you have a sink in a different room?! Aside from the camera shy kitchen, which i will assume isn’t because it’s so stunning the agents didn’t want to make the rest look tired, a lick of on trend grey paint and neutral new flooring throughout will lift the property with ease and give a much warmer feel than magnolia everywhere.

Assuming the kitchen is out of date, cream, grey or black doors give a high end finish for not a lot more than budget beech door fronts and will look great with a light oak effect worktop; save money by just replacing the doors instead of the complete unit. If you fancy the challenge, take a look around and see if you can knock through to make the bathroom and w/c one room!

The last property on Stafford Avenue sold for £124,000 in January with a simple but appealing neutral interior, plenty of off street parking and a low maintenance garden but according to RightMove, only 7 properties have sold on Stafford Avenue since 1997 suggesting people don’t buy to fix up and sell but to stay long term. Number 1 sold in 2016 for £115,000, it was a 3 bedroom mid terrace renovated to a high standard, looking at prices now though there’s no reason after all that work you couldn’t sell it on for £130,000+ depending on the finish.

This will certainly be an investment to keep you busy but isn’t that the fun part? Not to mention nearly 7% isn’t to be scoffed at although agreeably it will take time to make back the money you’ve put into the property but £575pcm is more than achievable, with the way the rental market is going you may even get more! It has been on the market since March and was reduced this week, why not make the most of a rare renovation opportunity and take a look?

If you’re interested in this property 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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EYES ON….THIS WEEKS INVESTMENTS IN NEWARK!!

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

As ever, here’s a quick reference guide to what is on offer, for how much and what you can expect as an investor.

Buttercross Best Buy
Address: 164 Barnbygate, Newark, NG24 1RQ
Type: 2 Bed mid-terrace
Asking Price: £109,950
Estate Agent: Now Homes
Condition: Ready to Rent
Rent Range: £450-500pcm
Yield: 5.46%
Comments: Fantastic spot for Barnbygate school with no additional work required, appealing kitchen/diner with a breakfast bar and a modern bathroom suite, you just need a tenant!

Address: 16 Shelley Close, Balderton, Newark, NG24 3LS
Type: 3 Bed bungalow
Asking Price: £139,950
Estate Agent: Kirkland and Lane
Condition: Complete update required
Rent Range: £600-650pcm (after update)
Yield: 5.57%
Comments: Bags of potential and it’s in a great area but that price is a bit cheeky! The last 3 bed sold in Sept 2015 for £125,000 in the same condition…

Address: 1 Woodcock Terrace, Fernwood, Newark, NG24 3UW
Type: 3 Bed end-of-terrace
Asking Price: £129,950
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £500-550pcm
Yield: 5.0%
Comments: Bright and modern living in the popular Fernwood establishment, with a great school, two parking spaces and the A1 nearby, this lovely property ticks all the boxes for a lot of people.

Address: 39 Whitfield Street, Newark, NG24 1QX
Type: 2 Bed mid-terrace
Asking Price: £127,500
Estate Agent: Now Homes
Condition: Ready to Rent
Rent Range: £500-550pcm
Yield: 5.18%
Comments: Not what i expected! Pleasantly decorated throughout with the added bonus of a bright loft room and 2 further cellar rooms, perfect for a growing family, especially with Barnbygate School just around the corner.

Address: 17 Meldrum Crescent, Newark, NG24 4NZ
Type: 3 Bed semi-detached
Asking Price: £105,000
Estate Agent: William H Brown
Condition: Some modernisation required
Rent Range: £500-550pcm
Yield: 6.29%
Comments: A lick of paint wouldn’t go amiss along with an update in the kitchen, it’s a short distance from Holy Trinity Primary School making it ideal for families and the last 3 bed sold for £113,000 in Sept 2015, sounds fair to me!

Address: Dobson’s Quay, The Wharf, Newark, NG24 1EU
Type: 1 Bed Apartment
Asking Price: £100,000
Estate Agent: Jon Brambles
Condition: Ready to Rent
Rent Range: £425-475pcm
Yield: 5.7%
Comments: Right in town centre and ready to go, 1 bed apartments haven’t been on the market since 2006 however the last 2 bed sold for £96,000 in similar condition, is this priced correctly?

Address: 23 Albert Street, Newark, NG24 4BJ
Type: 1 Bed mid-terrace
Asking Price: £90,000
Estate Agent: Winkworth
Condition: Ready to Rent
Rent Range: £400-450pcm
Yield: 6%
Comments: Charming character terrace with a refurbished kitchen, perfect for a professional couple or individual, not to mention it’s close to the town centre and the Newark Castle train station, where do i sign?!

If you’ve seen a property in Newark or 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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