Derwent Way, Newark, Nottinghamshire.
NO

Derwent Way, Newark, Nottinghamshire.

By Now Homes

£ 155,000

Reviews

2 out of 5 stars

Now Homes says ..

A semi detached bungalow with garage and conservatory. The accommodation comprises kitchen, lounge diner, conservatory, two double bedrooms and a bathroom. Gardens to the front and rear. No chain.

Property Oracle says ..

This two-bedroom semi-detached property in Newark, Nottinghamshire, presents a mixed bag of characteristics. Its location offers convenient access to Newark North Gate train station and several schools, adding to its family-friendly aspect. However, the proximity to the train station might also be associated with potential noise and activity. The property’s condition is fair and shows considerable signs of ageing, especially within the kitchen and bathroom. Whilst it benefits from a garden, it does not appear particularly large.

The list price of £155,000 appears to be competitive relative to other properties in the same vicinity. While there are more expensive listings, these may come with added features or improvements. Properties at a similar price point may be comparable in condition and size. Therefore, the value of the property is relatively fair, particularly for buyers who may be looking for a do-up property and wish to put their own stamp on the property. Buyers should carefully assess its condition and potential renovation costs prior to making any decision.

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
7
Condition
5
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
642.00

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
320,968.00 £
Decreased by 12.07 %
from 365,009.00 £
Est sale value
226,626.00 £
Decreased by 10.63 %
from 253,590.00 £
Average area rental value
1,437.00 £/mo
Decreased by 3.56 %
from 1,490.00 £/mo
Est letting value
642.00 £/mo
Unchanged by 0.00 %
from 642.00 £/mo
Est rental Yield
5.37 %
Increased by 9.59 %
from 4.90 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Now Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Bridge Children'S CentreChildren's Centre0.64 KM
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement0.90 KM
Barnby Road Academy Primary And Nursery SchoolAcademy Converter1.16 KM
Bishop Alexander L.E.A.D. AcademyAcademy Sponsor LedGood1.19 KM
Mount Cofe Primary SchoolAcademy Converter1.44 KM

Images

Main Image Picture 2 Picture 3 Kitchen Bedroom one Bedroom two Bathroom Outside

Nearby Streets

NameAverage PriceAverage SqftDistance
Lincoln Court £ 000.00 KM
Fenton Close £ 145,00000.00 KM
Maltkiln Lane £ 000.00 KM
Clifton Crescent £ 210,00000.00 KM
Chestnut Avenue £ 190,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG0.51 KM
Newark Castle6498NCT1.99 KM
Collingham6349CLM8.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derwent Way, Newark, Nottinghamshire. £ 155,000BUY5 / 100.00 KM
Derwent Way, Newark On Trent £ 175,000BUY7 / 100.06 KM
Derwent Way, Newark £ 200,000BUYUnknown0.10 KM
Welland Close, Newark £ 225,000BUY7 / 100.15 KM
Trent Way, Newark £ 175,000BUY7 / 100.17 KM

Nearby Properties

AddressPriceDistance
30 Derwent Way £ 185,0000.00 KM
8 Derwent Way £ 138,0000.00 KM
24 Derwent Way £ 114,0000.00 KM
6 Derwent Way £ 129,9500.00 KM
18 Derwent Way £ 95,0000.00 KM