Warwick Road, Balderton, Newark
RI

Warwick Road, Balderton, Newark

By Richard Watkinson & Partners

£ 112,500

Reviews

2 out of 5 stars

Richard Watkinson & Partners says ..

A very well presented first floor one bedroom retirement apartment located in a secure gated complex of apartments designed exclusively for over 55 age group. Situated in the old part of Balderton village close to a range of excellent local amenities including local shops, supermarket and medica...

Property Oracle says ..

This one-bedroom apartment in Balderton, Newark, is situated in a desirable location close to amenities and well-regarded schools. The property is presented in good condition, as shown in the provided photographs, with a modern, updated feel. The internal photos suggest a functional and relatively spacious layout for a one-bedroom property. However, a significant drawback is the lack of private outdoor space, and the property is specifically targeted towards the over-55’s market, which may limit its appeal to a broader range of potential buyers. The list price seems reasonable considering comparable properties in the area. Given the good condition, and desirable location, alongside the lack of garden, the property presents a sound investment opportunity for those within the target demographic. The absence of information on square footage of nearby properties makes a full comparison difficult, and other features not mentioned such as parking may affect the overall rating.

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
7
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
527.43

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
456,667.00 £
Increased by 71.91 %
from 265,636.00 £
Est sale value
215,191.44 £
Increased by 55.13 %
from 138,714.09 £
Average area rental value
525.00 £/mo
Decreased by 21.64 %
from 670.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.38 %
Decreased by 54.46 %
from 3.03 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Richard Watkinson & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Chuter Ede Primary SchoolCommunity SchoolOutstanding0.51 KM
John Hunt AcademyAcademy Converter0.73 KM
The Newark AcademyAcademy Sponsor LedGood0.92 KM
Newark Orchard SchoolCommunity Special SchoolGood1.15 KM
Hope House SchoolOther Independent Special SchoolInadequate1.22 KM

Images

OUTSIDE LIVING & DINING ROOM BEDROOM KITCHEN BATHROOM Main.jpeg Photo 3.jpeg KITCHEN BATHROOM OUTSIDE p16.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Wesley Close £ 485,00000.00 KM
Tennyson Road £ 000.00 KM
Pinfold Barns £ 000.00 KM
Marlowe Drive £ 000.00 KM
Belvoir Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG3.54 KM
Newark Castle6498NCT4.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Warwick Road, Balderton, Newark £ 112,500BUY5 / 100.00 KM
Warwick Court, Balderton, Newark £ 110,000BUY7 / 100.04 KM
Warwick Court,,Balderton £ 110,000BUY7 / 100.04 KM
Warwick Court, Balderton £ 110,000BUY6 / 100.04 KM
Laburnham House, Main Street, Balderton, Newark £ 425,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
8 Wesley Close £ 240,0000.15 KM
5 Wesley Close £ 250,0000.15 KM
3 Wesley Close £ 157,0000.15 KM
9 Wesley Close £ 167,0000.15 KM
38 Warwick Road £ 178,0000.15 KM