Montgomery Road, Newark
MA

Montgomery Road, Newark

By Martin & Co

£ 160,000

Reviews

2 out of 5 stars

Martin & Co says ..

**CHAIN FREE** This three-bedroom mid-terraced property on Montgomery offers a wonderful opportunity to create a comfortable and personalised home. The property features a spacious lounge with a gas fire as its primary heating source and a practical kitchen/diner that provides ample space for c...

Property Oracle says ..

This three-bedroom terraced house on Montgomery Road, Newark, presents a mixed bag for potential buyers. The property’s location is a definite plus. Its proximity to well-regarded schools and train stations offers considerable convenience. However, the property’s condition requires immediate attention. The photographs reveal dated interiors, worn carpets and wallpaper, and an overall need for refurbishment. While a small garden is present, its size is modest and it requires some landscaping. The list price of £160,000, considering the need for renovation, falls into a reasonably competitive range when compared with some nearby sales, however there’s a lack of precise square footage data for nearby properties which makes a complete comparison difficult. Potential buyers should factor in substantial renovation costs to their budget. Overall, this property offers a good location and a solid foundation but needs significant investment in modernisation.

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
4
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
848.00

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
213,123.00 £
Decreased by 12.55 %
from 243,702.00 £
Est sale value
244,224.00 £
Increased by 14.74 %
from 212,848.00 £
Average area rental value
1,000.00 £/mo
Increased by 20.19 %
from 832.00 £/mo
Est letting value
848.00 £/mo
from 0.00 £/mo
Est rental Yield
5.63 %
Increased by 37.32 %
from 4.10 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
The Sir Donald Bailey AcademyAcademy ConverterGood0.19 KM
Hawtonville Children'S CentreChildren's Centre0.22 KM
Balderton Children'S CentreChildren's Centre0.22 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement0.56 KM
Magnus Church Of England AcademyAcademy Sponsor LedGood0.89 KM

Images

IMG_0688 IMG_0689 IMG_0692 IMG_0690 IMG_4569 IMG_4572 IMG_4573 IMG_4575

Nearby Streets

NameAverage PriceAverage SqftDistance
Carlton Close £ 000.00 KM
Sycamore Close £ 000.00 KM
Green Avenue £ 249,99500.00 KM
Stadium Ave £ 000.00 KM
Marigold Way £ 254,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark Castle6498NCT2.11 KM
Newark North Gate6499NNG2.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Montgomery Road, Newark £ 160,000BUY5 / 100.00 KM
Montgomery Road, Newark £ 125,000BUY6 / 100.07 KM
Chatsworth Road, NEWARK £ 170,000BUY7 / 100.08 KM
Chatsworth Road, Newark £ 175,000BUY6 / 100.08 KM
Cranmer Road, Newark £ 180,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
15 Montgomery Road £ 85,0000.00 KM
25 Montgomery Road £ 100,0000.00 KM
32 Montgomery Road £ 94,5000.00 KM
39 Montgomery Road £ 103,0000.00 KM
19 Montgomery Road £ 117,5000.00 KM