The Textile Building, Newark
JO

The Textile Building, Newark

By Jon Brambles

£ 175,000

Reviews

2 out of 5 stars

Jon Brambles says ..

A very spacious, around 618 sq. ft (57.4 sq. m), one bedroom ground floor apartment situated within The Mill of the historic Textile Building close to the town centre. In addition to the large double bedroom, the property has a superb open plan kitchen and living area and a well appointed shower ...

Property Oracle says ..

This property is a one-bedroom, one-bathroom apartment located in the Textile Building on Victoria Terrace in Newark-on-Trent, Nottinghamshire. The apartment boasts a modern, recently refurbished interior, as evidenced by the photos, which showcase a contemporary kitchen, comfortable living space, and a clean, well-maintained bathroom. The apartment is well-lit, thanks to large windows, and the images reveal a tasteful and modern design style. The lack of a garden should be considered, which may limit appeal for potential buyers seeking outdoor space. The location in Newark town centre provides proximity to various amenities, and transport links. However, the exact distance to shops and other amenities requires further verification. The price point needs further assessment against comparable sales data with complete sqft measurements. The absence of sufficient data on nearby comparable sales and the lack of external photos and overall building specifics limit the ability to give an extremely high score. The apartment’s proximity to Newark Castle and several schools is a plus, though, especially for buyers seeking convenient access to education and transportation. Overall, this property presents itself as a well-maintained, modern apartment in a convenient location, suitable for single buyers or couples. However, the absence of exterior images of the building and the limited land area are significant factors to consider.

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
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
617.85

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
226,133.10 £
Increased by 23.65 %
from 182,883.60 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
617.85 £/mo
Unchanged by 0.00 %
from 617.85 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Jon Brambles created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church C Of E Primary SchoolVoluntary Aided SchoolRequires improvement0.17 KM
Holy Trinity Catholic Voluntary AcademyAcademy ConverterGood0.41 KM
Mount Cofe Primary SchoolAcademy Converter0.94 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement0.98 KM
Magnus Church Of England AcademyAcademy Sponsor LedGood1.49 KM

Images

Front Lounge/Diner/Kitchen Lounge/Diner/Kitchen Lounge/Diner/Kitchen Bedroom Bedroom Bedroom Shower Room Communal Library Lounge/Diner/Kitchen Communal Hallway Communal Library Lobby/Mail Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Street £ 000.00 KM
Boundary Court £ 000.00 KM
Queen Street £ 000.00 KM
King Street £ 200,00000.00 KM
Robin Hood Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark Castle6498NCT0.75 KM
Newark North Gate6499NNG1.87 KM
Rolleston6353ROL9.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Victoria Terrace, Newark £ 150,000BUY6 / 100.00 KM
Pelham Street, ,, Newark, Nottinghamshire, NG24 4XD £ 145,000BUY7 / 100.04 KM
Pelham Street, Newark £ 145,000BUY7 / 100.05 KM
Victoria Street, Newark, Nottinghamshire, NG24 £ 240,000BUY6 / 100.06 KM
Victoria Street, Newark, NG24 £ 220,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
7 Victoria Terrace £ 154,0000.01 KM
2 Victoria Terrace £ 34,0000.01 KM
9 Victoria Terrace £ 131,0000.01 KM
1 Victoria Terrace £ 155,0000.01 KM
6 Victoria Terrace £ 109,5000.01 KM