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
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Metrics Year-on-Year
- Average area value
- 213,123.00 £Decreased by 12.55 %
- Est sale value
- 244,224.00 £Increased by 14.74 %
- Average area rental value
- 1,000.00 £/moIncreased by 20.19 %
- Est letting value
- 848.00 £/mo
- Est rental Yield
- 5.63 %Increased by 37.32 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Sir Donald Bailey Academy | Academy Converter | Good | 0.19 KM |
| Hawtonville Children'S Centre | Children's Centre | 0.22 KM | |
| Balderton Children'S Centre | Children's Centre | 0.22 KM | |
| The King'S Church Of England Primary Academy | Academy Sponsor Led | Requires improvement | 0.56 KM |
| Magnus Church Of England Academy | Academy Sponsor Led | Good | 0.89 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Carlton Close | £ 0 | 0 | 0.00 KM |
| Sycamore Close | £ 0 | 0 | 0.00 KM |
| Green Avenue | £ 249,995 | 0 | 0.00 KM |
| Stadium Ave | £ 0 | 0 | 0.00 KM |
| Marigold Way | £ 254,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark Castle | 6498 | NCT | 2.11 KM |
| Newark North Gate | 6499 | NNG | 2.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Montgomery Road, Newark | £ 160,000 | BUY | 5 / 10 | 0.00 KM |
| Montgomery Road, Newark | £ 125,000 | BUY | 6 / 10 | 0.07 KM |
| Chatsworth Road, NEWARK | £ 170,000 | BUY | 7 / 10 | 0.08 KM |
| Chatsworth Road, Newark | £ 175,000 | BUY | 6 / 10 | 0.08 KM |
| Cranmer Road, Newark | £ 180,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Montgomery Road | £ 85,000 | 0.00 KM |
| 25 Montgomery Road | £ 100,000 | 0.00 KM |
| 32 Montgomery Road | £ 94,500 | 0.00 KM |
| 39 Montgomery Road | £ 103,000 | 0.00 KM |
| 19 Montgomery Road | £ 117,500 | 0.00 KM |