Martin & Co says ..
*IDEAL FOR FIRST TIME BUYERTS/ INVESTORS*. This well-presented ground floor apartment is located in the highly desirable Fernwood area.
Property Oracle says ..
This two-bedroom apartment on Youngs Avenue, Fernwood, is marketed as suitable for first-time buyers or investors. The property’s location in Fernwood offers access to local schools like The Suthers School and Chuter Ede Primary School, though the Ofsted ratings of the schools vary. Newark’s train stations are within a reasonable distance, improving transport links. The apartment itself presents as clean and functional. The kitchen has modern units and integrated appliances, and the living area has patio doors leading to a small outside space. The bedrooms are simply appointed, and the property’s state suggests it is more move-in-ready than needing extensive refurbishment. The bathrooms appear functional, but not luxurious. The overall condition is reasonable, though not top tier. A significant factor impacting the apartment is the very limited outdoor space – just a small paved patio area. The price of £120,000 appears competitive with other listed flats in the area, though a lack of precise square footage data for comparable properties makes a definitive assessment difficult. Potential buyers should carefully weigh the benefits of the location and reasonable condition against the modest outdoor space and limited property size before making a purchasing 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
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 612.47
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
- 323,281.00 £Increased by 6.31 %
- Est sale value
- 196,602.87 £Increased by 25.88 %
- Average area rental value
- 1,242.00 £/moIncreased by 19.54 %
- Est letting value
- 612.47 £/mo
- Est rental Yield
- 4.61 %Increased by 12.44 %
- Crime Rate
- 26.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Suthers School | Free Schools | 0.65 KM | |
| Chuter Ede Primary School | Community School | Outstanding | 1.15 KM |
| John Hunt Academy | Academy Converter | 1.99 KM | |
| Hope House School | Other Independent Special School | Inadequate | 2.08 KM |
| The Newark Academy | Academy Sponsor Led | Good | 2.21 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Newalnds | £ 0 | 0 | 0.00 KM |
| A1 | £ 0 | 0 | 0.00 KM |
| Freiston Avenue | £ 0 | 0 | 0.00 KM |
| Harpswell Way | £ 0 | 0 | 0.00 KM |
| Brumpton Gardens | £ 250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark North Gate | 6499 | NNG | 4.83 KM |
| Newark Castle | 6498 | NCT | 5.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Youngs Avenue, Fernwood | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Goldstraw Lane, Fernwood | £ 110,000 | BUY | 7 / 10 | 0.05 KM |
| Read Close, Fernwood | £ 170,000 | BUY | Unknown | 0.08 KM |
| Read Close, Fernwood, Newark | £ 180,000 | BUY | Unknown | 0.08 KM |
| Read Close, Newark, | £ 200,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 Youngs Avenue | £ 93,000 | 0.00 KM |
| 24 Youngs Avenue | £ 142,500 | 0.00 KM |
| 26 Youngs Avenue | £ 87,000 | 0.00 KM |
| 41 Youngs Avenue | £ 79,000 | 0.00 KM |
| 28 Youngs Avenue | £ 120,000 | 0.00 KM |