EYES ON…This Weeks Investments in Newark!!!

Standard

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: 1 Newton Street, Newark, NG24 1SU
Asking Price: £110,000
Property Type: 3 Bed End Terrace
Estate Agent: Newton Fallowell
Condition: Work Required
Rent Range: £525-575pcm
Yield: 6.27%
Comments: Great property for a young family thanks to Barnby Gate Academy located just around the corner and it’s only a short walk to the park and town centre. Cosmetically the property could really do with new carpets throughout, a fresh coat of magnolia (if you HAVE stick to that colour) and get the gloss out and ditch the dark woodwork. MOST importantly, this property is EPC ‘F’ meaning NOBODY can let it after April 2018, get in touch with Talk Green to find out what your options are.

Address: Williams Lane, Fernwood, Newark, NG24 3FN
Asking Price: £95,000
Property Type: 2 Bed Ground Floor Apartment
Ground Rent: not disclosed
Service Charge: not disclosed
Estate Agent: William H Brown
Condition: Ready to Rent
Rent Range: £450-495pcm
Yield: 6.25%
Comments: Popular Fernwood location that works for families and couples, particularly for the school and A1/A46 access, although i do think this is better suited to a professional couple due to size and wear and tear. The last 1st floor flat sold round the corner on Ainsdale Close in June for £72,000 with a very similar layout, allocated parking and slightly nicer decor so why this is £95k is beyond me.

Address: 4 Guildhall Street, Newark, NG24 1UH
Asking Price: £125,000
Property Type: 2 Bed Mid Terrace Cottage
Estate Agent: Richard Watkinson
Condition: Ready to Rent
Rent Range: £525-575pcm
Yield: 5.52%
Comments: Quirky cottage style terrace in Newark Town Centre, ideal for tenants using public transport with the bus and train stations just short walks from the property. Very difficult to compare the price as it’s so unusual, the lack of parking will put prospective tenants off and the style is very marmitey but you can’t please everyone regardless of what you buy!

Address: 124 Bowbridge Road, Newark, NG24 4DQ
Asking Price: £110,000
Property Type: 3 Bed Mid Terrace
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £525-575pcm
Yield: 6.27%
Comments: Simple family home close to Holy Trinity School and the sports centre with the bonus of off street parking, it’s a bit of a vanilla property but it’s fine and you wouldn’t have to do a lot to it; i’d check whether that’s a furniture mark or damage to the living room carpet and consider losing the green in the bedroom. The price seems fair although it doesn’t have an EPC yet, you’ll need make sure it’s an ‘E’ or above unless you’re willing to spend the money to get it there.

Buttercross Best Buy
Address: Barrows Gate, Newark NG24 2FY
Asking Price: £90,000
Property Type: 2 Bedroom Ground Floor Flat
Ground Rent: £101 paid every 6 months
Service Charge: £986.27 per annum
Estate Agent: Martin and Co
Condition: Ready to Rent
Rent Range: £445-495pcm
Yield: 6.51% (inc SC and GR)
Comments: Great modern flat close to the A1/A46, town centre and KnowHow making this perfect for most professionals and a first time investor; the lack of magnolia, modern finishes and parking for both tenants and guests ticks additional boxes too. The last sale was back in 2014 but looking at the one above for £95,000 with a similar selling in Fernwood in June for £72,000, that should give you a rough idea, which would you prefer?

Address: 57 Jubilee Street, Newark, Nottinghamshire, NG24 4DA
Asking Price: £125,000
Property Type: 2 Bed Mid Terrace (previously sold as a 3 Bed?!)
Estate Agent: Haart
Condition: Light Redecoration Required
Rent Range: £500-550pcm
Yield: 5.28%
Comments: Lovely looking terrace close to town centre, the vendor purchased the property in Dec for £99,000 and since then they’ve had the living room beams covered and skimmed, decorated the bedrooms and living room along with new carpets and potentially skimmed the bedrooms; the bathroom and kitchen haven’t changed aside from the lack of paint on the back wall and there’s no photos of the dining room, i wonder if it still has a wood panelled ceiling and stone fire surround? Is the £26,000 increase worth it?

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.

twitterFacebooklinkedingoogle_plusmail

EYES ON….The Investment Property of The Week in Newark!!

Standard

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

Address: 20 Shakespeare Street, Balderton, Newark, NG24 3AN
Type: 3 Bed Semi Detached House
Asking Price: £139,950
Estate Agent: Winkworth
Condition: Requires renovation
Rent Range: £625-675pcm (once completed)
Yield: 5.8%

Brilliant property in a great location with so much potential, perfect as a buy to let or first time buy as long as you don’t mind getting your hands dirty! Tenants love a spacious house in the right location but they don’t like old and outdated so bare that in mind, good tenants rent good houses.

Wondering where to start? Well, the kitchen and bathroom are a MUST, the carpeted bath panel and tiles from yesteryear may have been of their time but they certainly aren’t now, a simple white suite with fab floor tiles and neutral walls will attract tenants or potential buyers if you’re wanting a fix and sell; if you have the budget, floor to ceiling tiles and a good quality shower will add the wow factor. As for the kitchen, i’m not sure they thought the layout through when they first built it, the pantry/utility is a great bonus but next to no worktops will certainly put families off, where are you meant to put anything?! Decoration aside, if the radiator was moved or even removed entirely, units and a worktop could be installed adding much needed storage and space. As for the rest of the house, the bedrooms are bearable in magnolia and could be left alone, the only other room that really needs updating is the lounge, get rid of the pink carpet and green walls and go for a simple mocha shaded carpet and neutral walls but ideally NOT magnolia!

The last property on Shakespeare Street sold in Feb 2017 for £134,450 with an appealing modern interior, high gloss kitchen and plenty of off street parking along with a well presented rear garden and just 2 bedrooms. We let a 3 bedroom semi-detached property on Shakespeare Street earlier this year for £650pcm, it was in a similar condition to this property initial but after hours of effort from the landlord, it was let with a fabulous high gloss kitchen, stunning bathroom and neutral carpets and decor throughout.

This will be a fantastic investment to get stuck into, at around £15,000 to get the property to a high standard, it’s going to take time to make it back but £675pcm will help you get there in no time! We had a lot of interest in the last property and we actually let it mid refurb, the right tenant will see the potential and jump at the opportunity to live in a high end family home. Let us know how you get on!

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.

twitterFacebooklinkedingoogle_plusmail

EYES ON…THE INVESTMENT OF THE WEEK IN NEWARK!!

Standard

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

Address: Maltings View, George Street, Newark, NG24 1LU
Type: 1 & 2 Bedroom Residential Apartments
Asking Price: Starting at £90,000 for 1 bed.
Estate Agent: Richard Watkinson and Partners
Condition: Ready to Rent
Rent Range: £475-£550pcm (dependant on apartment)
Yield: 5.25%-6.33%

Brilliant opportunity as a first time investment property or a great way to get on the property ladder, finished to a high standard, these 1 and 2 bedroom apartments just 5 minutes walk from Newark North Gate will require little maintenance and even have a gym just around the corner.

Maltings View comprises of 9 residential apartments, 5 of which have already sold, the 4 remaining are:

– Apartment 1 – 2 Bed – £120,000 – £525pcm – 5.25% yield
– Apartment 2 – 2 Bed – £120,000 – £525pcm – 5.25% yield
– Apartment 6 – 1 Bed – £90,000 – £475pcm – 6.33% yeild
– Apartment 7 – 2 Bed – £105,000 – £550pcm – 6.29% yield

The finish and location will make these apartments ideal for professional commuters needing a second home throughout the week with piece of mind that their weekday home is secure in an apartment block when they’re away at the weekend; you could contact the local gym to get a reduced rate for the 4 apartments and include it in the rent as a USP.

Open plan living, parking and a short distance to Newark town centre and all of its amenities, these apartments will tick a lot of boxes for couples looking for modern living at a reasonable price, George Street has a small amount of parking so the additional perk of off street parking will make all the difference. Apartment 6 and 7 certainly seem to be the best options with both the asking prices and the yield although Apartment 6 does have the lowest rental return at £5,700 as opposed to Apartment 7 with £6,600 but it depends on what you’re wanting, could a deal been done on the asking prices of the apartments if several were bought?

Not one to buy if you want a fixer upper but perfect as a first time investment or for a landlord who doesn’t have the time to be around their properties a lot, 6.33% yield certainly isn’t something to be scoffed at; most tenants want high end properties with good broadband and parking, with fibre optic and virgin media available, where do i sign?

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.

twitterFacebooklinkedingoogle_plusmail

EYES ON…The Investment of The Week in Newark!!

Standard

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.

twitterFacebooklinkedingoogle_plusmail

EYES ON….THIS WEEKS INVESTMENTS IN NEWARK!!

Standard

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: Flat 5, 5 Church Walk, Newark, NG24 1JS
Type: 1 Bed First Floor Apartment
Asking Price: £97,500
Estate Agent: Alasdair Morrison
Condition: Ready to Rent
Rent Range: £450-500pcm
Yield: 6.15%
Comments: Tucked away above Starbucks Coffee is this perfect sized apartment for a single person or professional couple, it’s ready to go and is a fantastic spot for Newark Castle station and town centre. Opportunities like this one don’t come up very often so don’t wait too long if you’re interested!

Address: The Courtyard Castle Brewery, Newark, NG24 4FF
Type: 2 Bed Ground Floor Apartment
Asking Price: £99,950
Estate Agent: Martin and Co
Condition: Unknown – likely Ready to Rent
Rent Range: £500-550pcm
Yield: 6.6%
Comments: The Courtyard is new built section of Castle Brewery, as i can’t see the inside i’m going my rent range is a guesstimate, the asking price is about right for this block so it would suggest it’s fairly standard throughout. It’s in a sought after area with town centre so close by, with the added bonus of allocated secure parking it’s ideal for commuters and town workers alike.

Address: 11 The Crossings, Newark, NG24 1TY
Type: 2 Bed Ground Floor Apartment
Asking Price: £109,950
Estate Agent: Martin and Co
Condition: Ready to Rent
Rent Range: £500-550
Yield: 6.0%
Comments: This lovely apartment with good access to the A1, town centre and industrial estate has allocated parking and modern finishes ideal for couples and singles alike. The asking price is about £10,000 too high, despite the modern interior which can be found in other apartments at The Crossings, the last one sold in August 2016 for £97,995.

Address: 42 Quibell Road, Newark, Nottinghamshire, NG24 4HB
Type: 4 Bed Semi-detached
Asking Price: £132,500
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £650-700
Yield: 6.34%
Comments: Tucked away in a close corner, this family home has been extended and modernized to a good standard ideal for any tenant to move in straight away. It’s very difficult to form a judgement on the price as it’s been years since an equivalent property has been sold, however the yield is pretty strong and the log burner makes a nice USP.

Address: 77 Philip Road, Newark, NG24 4LX
Type: 2 Bed First Floor Apartment
Asking Price: £79,950
Estate Agent: Newton Fallowell
Condition: Some modernization required
Rent Range: £400-450pcm
Yield: 6.75%
Comments: Nestled within the Hawtonville establishment, this 2 bed apartment is on for a great price with plenty of potential, despite the yield already being strong on this property, an updated bathroom suit, fire and living room carpet could take the rent up to £475. The last flat sold on RM was in 2011 for £59,950 so it’s quite a rare opportunity!

Address: 101 Wolsey Road, Newark, Nottinghamshire, NG24 2AZ
Type: 3 Bed Mid-terrace
Asking Price: £120,000
Estate Agent: Newton Fallowell
Condition: Ready to Rent
Rent Range: £550-600pcm
Yield: 6%
Comments: Just a short distance from town, this family house has a generous garden, enough off street parking for 2 cars along and neutral decor throughout. The price is in line with others in the area, number 93 was sold in September 2016 for £119,995 so anything less than the asking price would be a bonus!

Address: The Brewhouse, Newark, NG24 4AF
Type: 2 Bed Apartment
Asking Price: £125,000
Estate Agent: Haart
Condition: Ready to Rent
Rent Range: £575-625pcm
Yield: 6%
Comments: This is perfect for those couples and single people who like character homes with modern finishes, for a 2 bed apartment the price is comparable, number 38 sold April 2016 for £124,000 and due to the refurb, it should be fairly low maintenance too.

Address: 21 Vernon Avenue, Newark, NG24 1PG
Type: 2 Bed Semi-detached
Asking Price: £125,000
Estate Agent: Winkworth
Condition: Some updating required
Rent Range: £525-575pcm
Yield: 5.52%
Comments: There isn’t a huge amount that needs doing to this house, the purple kitchen is certainly memorable along with the matching bathroom and the out of date gas fire could be replaced updated for a fresher look. Looking at other recent sales, the last 2 bed semi was number 22 which sold in 2014 for £94,000 so i think a cheeky offer would certinaly be worthwhile.

Buttercross Best Buy
Address: 47 Sleaford Road, Newark, NG24 1NF
Type: 2 Bed End-terrace
Asking Price: £127,500
Estate Agent: Winkworth
Condition: Ready to Rent
Rent Range: £600-650pcm
Yield: 6.12%
Comments: What a great house, it’s quite obvious that someone has taken a lot of time to make this house a home. Even though the last 2 bed terrace on the street sold for £114,950, this has been finished to a much higher standard and would require no cosmetic work. This is on a great street, a little busy but in a good area and it’s perfect for couples and families!

Address: 2 Marton Road, Newark, NG24 1SL
Type: 2 Bed Semi-detached
Asking Price: £145,000
Estate Agent: Newton Fallowell
Condition: Ready to rent
Rent Range: £525-575pcm
Yield: 4.76%
Comments: This property has 2 double bedrooms with plenty of living space, very little work needs to be done however an updated kitchen and living room fire would potential raise the pcm. The last 2 bed on the street sold for £125,000 in 2011 and the 3 bed was also sold for £125,000 in 2014, honestly i’m not sure where the asking price came from but i’ll leave you to decide what you think!

Address: 70 William St, Newark NG24 1QS
Type: 4 Bed Mid-terrace
Asking Price: £149,950
Estate Agent: Martin and Co
Condition: Ready to Rent
Rent Range: £625-675pcm
Yield: 5.4%
Comments: Ideal for sharers or families, this property was built in 2005 and has been used as a rental ever since. As there were only a handful of these built on the street, it’s hard to form judgement on the asking price but 4 bedrooms for less than £150,000 only competes with 2 other properties on Rightmove which are in Hawtonville. With the addition of a driveway, small courtyard garden and a short walk to town, it suits a lot of prospective tenants.

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.

twitterFacebooklinkedingoogle_plusmail

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

Standard

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: 52 Jericho Road, Balderton, Newark, NG24 3GT
Type: 3 Bedroom semi detached
Asking Price: £140,999
Estate Agent: CPG Property Ltd
Condition: Ready to rent
Rent Range: £575-625pcm
Yield: 5.32%
Comments: The last semi detached property of this style on the street sold for £138,000 in 2014, it’s a popular area for families and couples as there’s schools and good connections to the A1. Little to no work would be required so it’s tenant ready, not to mention the desirable conservatory and garage, the question is whether or not to keep the peach kitchen?

Address: 24 Newstead Avenue, Newark, NG24 1ND
Type: 3 Bedroom semi detached
Asking Price: £120,000
Estate Agent: William H Brown
Condition: Ready to rent
Rent Range: £525-575pcm
Yield: 5.75%
Comments: Properties don’t sell on this street often so it’s hard to judge the price but the decor is tasteful and the bright modern kitchen will attract a lot of prospective tenants so it’s ideal if you want to take on a low maintenance property.

Address: 31 Lawrence Street, Newark, NG24 1NE
Type: 2 Bed semi detached
Asking Price: £115,000
Estate Agent: William H Brown
Condition: Some renovation required
Rent Range: £475-525pcm
Yield: 5.48%
Comments: With two double bedrooms, spacious kitchen/diner and a substantial garden this property will tick the boxes for a lot of tenants. It could stretch to £550-575pcm if some money was spent updating the kitchen and bathroom along with a lick of paint throughout however it would still rent as it stands just at 5.4% instead of potentially 6% yield.

Address: 11 Long Row, Newark, NG24 1RW
Type: 2 Bed mid terrace
Asking Price: £81,500
Estate Agent: Winkworth
Condition: Some light renovation
Rent Range: £395-425pcm
Yield: 6.26%
Comments: This cosy property is within walking distance of Barnby School and has a desirable addition of off street parking. A utility room has been added to the rear of the property to create additional living space however the dated gas fire and bright red walls aren’t to everyone’s taste and who knows what the bathroom looks like!

Address: 9 Long Row, Newark, NG24 1RW
Type: 2 Bed mid terrace
Asking Price: £95,000
Estate Agent: William H Brown
Condition: Ready to rent
Rent Range: £395-425pcm
Yield: 5.37%
Comments: This property is the exact same layout as the one above except this one has a larger garden as it doesn’t have a utility on the back. It has neutral decor throughout and a low maintenance garden to the rear, it would be ideal for a couple or small family and they could move straight in but is it worth £13,500 more than number 11?

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.

twitterFacebooklinkedingoogle_plusmail

EYES ON…THIS WEEKS INVESTMENTS IN NEWARK

Standard

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:34 Elizabeth Road, Newark, NG24 4NP
Type: 3 Bedroom end terraced
Asking Price: £115,000
Estate Agent: Richard Watkinson
Condition: Needs renovating
Rent Range: £550-575 pcm (after refurbishment)
Yield: 6%
Comments: This needs a lot of work doing to it, not to mention i think it’s way over priced considering number 104 sold just 18 months ago for £95,000 in the exact same condition!!

Address: 4 Top Row, Newark, NG24 2JD
Type: 3 Bedroom mid terrace
Asking Price: £114,950
Estate Agent: Newton Fallowell
Condition: Ready to rent
Rent Range: £500-525 pcm
Yield: 5.48%
Comments: It has nice character features with the brick chimney breasts and log burners but there’s no photos of the bedrooms or bathroom which is a little odd, although it could be a pleasant surprise!

Address: 24 Robert Dukeson Avenue, Newark, NG24 2FF
Type: 2 Bedroom end terrace
Asking Price: £115,000
Estate Agent: Haart
Condition: Ready to rent
Rent Range: £500-525 pcm
Yield: 5.48%
Comments: The house is ready to go, the kitchen could do with an update but it’s not essential, it’s in a great spot for schools and commuters so it would suit a range of tenants.

Address: 53 Wolfit Avenue, Balderton, Newark, NG24 3PQ
Type: 3 Bedroom semi-detached
Asking Price: £137,500
Estate Agent: CPG
Condition: Some modernisation required
Rent Range: £550-575 pcm
Yield: 5.02%
Comments: The rooms are a good size but the aging tiles in the bathroom and kitchen let it down, replace those or even just update them with some tile paint and you could see an extra £50pcm.

Address: 9 Byron Close, Newark, NG24 4DX
Type: 3 Bedroom mid terrace
Asking Price: £129,000
Estate Agent: Winkworth
Condition: Ready to rent
Rent Range: £575-625 pcm
Yield: 5.81%
Comments: Fantastic garden and plenty of off street parking, the property has been given plenty of colour in every room, the lime green bathroom is certainly memorable!

Address:19 Vernon Avenue, Newark, NG24 1PG
Type: 2 Bedroom semi-detached
Asking Price: £126,950
Estate Agent: CPG
Condition: Ready to rent
Rent Range: £500-550 pcm
Yield: 5.19%
Comments: This would be ideal for a professional couple or a small family to move straight in to, it has a garage, parking and neutral decor throughout with a great breakfast kitchen.

Address: 6 Stafford Avenue, New Balderton, Newark, NG24 3DP
Type: 3 Bedroom end terrace
Asking Price: £125,000
Estate Agent: Winkworth
Condition: Ready to rent
Rent Range: £550-600 pcm
Yield: 5.76%
Comments: A perfect family home, large enclosed rear garden with a bright kitchen and a good sized living room. You wouldn’t need to do anything to this property, just get a tenant in!

Address: 28 Charles Street, Newark, NG24 1RL
Type: 2 Bedroom mid terrace
Asking Price: £122,500
Estate Agent: Newton Fallowell
Condition: Ready to rent
Rent Range: £475-525 pcm
Yield: 5.14%
Comments: The property is in a good location for the academy and isn’t too far from the town centre, it has a bright modern bathroom with a separate corner shower and extra living space in the cellar.

Address: 23 Rutland Avenue, Newark, NG24 4DL
Type: 2 Bedroom semi detached
Asking Price: £110,000
Estate Agent: Jon Brambles
Condition: Ready to rent
Rent Range: £475-525 pcm
Yield: 5.72%
Comments: This house is ready to rent however with a new kitchen and updated fire there is the potential for it let for £560pcm as another property has on the same street.

Buttercross Best Buy
Address: 30 Pierson Street, Newark, NG24 4JG
Type: 3 Bedroom end terrace
Asking Price: £99,950
Estate Agent: Martin and Co
Condition: Some modernisation required
Rent Range: £475-500 pcm
Yield: 6.0%
Comments: On average properties on the street sell for £117,000 and rent for £550pcm, there is potential to achieve this figure if the bedrooms are updated and a fresh coat of paint is put on the walls.

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.

twitterFacebooklinkedingoogle_plusmail