Jon Brambles says ..

Property Oracle says ..

This three-bedroom terraced house in Newark is listed at £150,000. The property is conveniently located near Newark Northgate train station (0.33km), making it attractive to commuters. There are also several primary and secondary schools within a reasonable distance, including Lovers Lane Primary and Nursery School (0.27km) and Magnus Church of England Academy (1.23km). Based on the provided images, the property appears to be in fair condition, though some minor renovations or cosmetic updates might enhance its appeal. The kitchen and bathroom seem functional but could benefit from modernisation. The property lacks a garden (plot size 0.00 sqft). Considering the average house price in the area (£402,872) and the average price per sqft (£391), the listed price of £150,000 seems relatively low. However, this is likely due to the smaller size of the property and the lack of a garden, which are common factors influencing property values. Nearby comparable properties on Cliff Nook Lane have sold for between £35,000 and £127,000, suggesting the listed price is within a reasonable range, although on the higher end for the street. Further investigation into the specific condition of the property and any potential issues would be beneficial before making a final assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images