Middle Gate, Newark, Nottinghamshire, NG24
By Goodwins Business Brokers Ltd
£ 495,000
Reviews
2 out of 5 stars
Goodwins Business Brokers Ltd says ..
Middle Gate, Newark is now offered for sale as a fully income-producing mixed-use investment. Comprising three established retail units alongside a fully occupied eight-bedroom HMO, the property provides a diversified and reliable rental stream.
Property Oracle says ..
This is a House of Multiple Occupation located on Middle Gate in Newark. The property appears to be in good condition, with modern interiors. However, it is important to note that the property has 0 bathrooms and 0 bedrooms listed. The location is good, with proximity to transportation and schools. However, the asking price of £495,000 seems high compared to the average property price in Newark.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 273,747.00 £Decreased by 7.23 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 43.00 %Unchanged by 0.00 %
Agent Activity
Goodwins Business Brokers Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mount Cofe Primary School | Academy Converter | 0.42 KM | |
| Christ Church C Of E Primary School | Voluntary Aided School | Requires improvement | 0.70 KM |
| Holy Trinity Catholic Voluntary Academy | Academy Converter | Good | 0.93 KM |
| Lovers Lane Primary And Nursery School | Community School | Requires improvement | 0.98 KM |
| The King'S Church Of England Primary Academy | Academy Sponsor Led | Requires improvement | 1.13 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chain Lane | £ 0 | 0 | 0.00 KM |
| Clinton Arms Court | £ 0 | 0 | 0.00 KM |
| Church Street | £ 289,950 | 0 | 0.00 KM |
| Robin Hood Walk | £ 0 | 0 | 0.00 KM |
| Church Walk | £ 135,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark Castle | 6498 | NCT | 0.44 KM |
| Newark North Gate | 6499 | NNG | 1.36 KM |
| Rolleston | 6353 | ROL | 9.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Middle Gate, Newark, Nottinghamshire, NG24 | £ 495,000 | BUY | 5 / 10 | 0.00 KM |
| Stodman Mews, Newark | £ 150,000 | BUY | 6 / 10 | 0.12 KM |
| The Ossington, Beast Market Hill, Newark | £ 160,000 | BUY | 8 / 10 | 0.18 KM |
| Queens Head Court, Newark | £ 270,000 | BUY | 6 / 10 | 0.18 KM |
| Market Place, Newark, NG24 1DU | £ 170,000 | BUY | Unknown | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Savoy Court | £ 120,000 | 0.07 KM |
| 5 Savoy Court | £ 150,000 | 0.07 KM |
| 4 Savoy Court | £ 40,000 | 0.07 KM |
| 9 Savoy Court | £ 34,500 | 0.07 KM |
| 8 Savoy Court | £ 43,000 | 0.07 KM |