George Street, Newark, NG24
YO

George Street, Newark, NG24

By Yopa

£ 110,000

Reviews

2 out of 5 stars

Yopa says ..

A third floor apartment in The Maltkiln on George Street which is on the outskirts of the pretty market town of Newark. Offering excellent access to all local amenities including the train stations with regular direct trains to London. No upward chain! Ideal for a first time buyer or investor.

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom flat located in Newark, Nottinghamshire. The flat is situated on George Street, in the Bridge locality, close to Newark North Gate railway station (0.32km). There are several primary and secondary schools within a reasonable distance, including Lovers Lane Primary and Nursery School (0.11km) and Magnus Church of England Academy (1.36km). The property itself appears to be a converted space within a larger brick building. Images show a modern interior with a contemporary kitchen and bathroom. The living space is open-plan with a spiral staircase leading to a loft conversion. The property benefits from plenty of natural light from the skylights. The lack of outdoor space is a significant drawback. The list price of £110,000 is significantly below the average price for the area (£402,872), but this is likely due to the smaller size and lack of land. Nearby comparable properties are similarly priced, suggesting the list price is within the range for similar flats in the area.

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
6
Condition
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
763.16

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
320,968.00 £
Decreased by 12.07 %
from 365,009.00 £
Est sale value
269,395.48 £
Decreased by 10.63 %
from 301,448.20 £
Average area rental value
1,437.00 £/mo
Decreased by 3.56 %
from 1,490.00 £/mo
Est letting value
763.16 £/mo
Unchanged by 0.00 %
from 763.16 £/mo
Est rental Yield
5.37 %
Increased by 9.59 %
from 4.90 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Yopa created the listing.

Nearby Schools

NameTypeOfstedDistance
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement0.11 KM
Mount Cofe Primary SchoolAcademy Converter0.62 KM
Bridge Children'S CentreChildren's Centre1.25 KM
Barnby Road Academy Primary And Nursery SchoolAcademy Converter1.26 KM
Magnus Church Of England AcademyAcademy Sponsor LedGood1.36 KM

Images

5_the_maltkiln-23 5_the_maltkiln-8 5_the_maltkiln-9 5_the_maltkiln-14 5_the_maltkiln-7 5_the_maltkiln-18 5_the_maltkiln-17 5_the_maltkiln-10 5_the_maltkiln-13 5_the_maltkiln-1 5_the_maltkiln-21

Nearby Streets

NameAverage PriceAverage SqftDistance
Maltkiln Lane £ 000.00 KM
Queen's Road £ 000.00 KM
Ellerslie Close £ 000.00 KM
Cow Lane £ 000.00 KM
Charlotte Close £ 150,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG0.32 KM
Newark Castle6498NCT1.18 KM
Collingham6349CLM9.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
George Street, Newark, NG24 £ 110,000BUY5 / 100.00 KM
George Street, Newark, NG24 £ 110,000BUY6 / 100.01 KM
St. Georges Court, Newark, Nottinghamshire, NG24 £ 95,000BUY6 / 100.03 KM
Maltings View, George Street, Newark £ 108,000BUY6 / 100.05 KM
George Street, Newark £ 170,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
9 George Street £ 95,0000.05 KM
1 George Street £ 90,0000.05 KM
57 Appleton Gate £ 145,0000.06 KM
61 Appleton Gate £ 134,5000.06 KM
67 Appleton Gate £ 99,0000.06 KM