The Old Chapel, Lovers Lane, Newark
BU

The Old Chapel, Lovers Lane, Newark

By Buttercross Estates

£ 125,000

Reviews

2 out of 5 stars

Buttercross Estates says ..

A unique and stylish 3-bedroom duplex apartment, The Old Chapel offers a perfect blend of character and modern living, located in the heart of Newark. This spacious apartment is set within a converted chapel, retaining stunning original features while offering the convenience of contemporary livi...

Property Oracle says ..

This 3-bedroom duplex apartment, situated in a converted chapel on Lovers Lane in Newark, Nottinghamshire, presents a unique and potentially attractive opportunity. The property boasts a modern interior with a stylish, recently updated kitchen and bathroom. The photos showcase a contemporary design with a well-maintained interior that would appeal to first time buyers or investors. The lack of outdoor space is a significant downside. The location benefits from the relative proximity to Newark North Gate Station and Lovers Lane Primary and Nursery School. However, a more comprehensive understanding of the neighborhood would be needed to completely evaluate the location quality and assess the property’s overall suitability for potential buyers. The price appears relatively competitive compared to other, similar properties, though the lack of accurate data on the local market creates some uncertainty regarding the value. The available information does not allow for a concrete statement about price, but the property seems well-positioned in the local market.

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
3
Bathrooms
1
Sqft (est)
1,316.43

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
320,968.00 £
Decreased by 12.07 %
from 365,009.00 £
Est sale value
464,699.79 £
Decreased by 10.63 %
from 519,989.85 £
Average area rental value
1,437.00 £/mo
Decreased by 3.56 %
from 1,490.00 £/mo
Est letting value
1,316.43 £/mo
Unchanged by 0.00 %
from 1,316.43 £/mo
Est rental Yield
5.37 %
Increased by 9.59 %
from 4.90 %
Crime Rate
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • Buttercross Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement0.07 KM
Mount Cofe Primary SchoolAcademy Converter0.56 KM
Bridge Children'S CentreChildren's Centre1.31 KM
Barnby Road Academy Primary And Nursery SchoolAcademy Converter1.43 KM
Magnus Church Of England AcademyAcademy Sponsor LedGood1.47 KM

Images

The Old Chapel Kitchen Living Area Living Area Kitchen Living Area Hallway Bedroom One Bedroom One Bedroom One Bathroom Bedroom Two Bedroom Three

Nearby Streets

NameAverage PriceAverage SqftDistance
Maltkiln Lane £ 000.00 KM
Queen's Road £ 000.00 KM
Cow Lane £ 000.00 KM
Ellerslie Close £ 000.00 KM
Wilson Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG0.45 KM
Newark Castle6498NCT1.04 KM
Collingham6349CLM9.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Old Chapel, Lovers Lane, Newark £ 125,000BUY5 / 100.00 KM
North Gate, Newark £ 160,000BUY7 / 100.07 KM
North Gate, Newark £ 110,000BUY5 / 100.07 KM
North Gate, Newark £ 90,000BUY5 / 100.09 KM
The Cavalier Building, Warwick Brewery, Newark £ 140,000BUY6 / 100.09 KM

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AddressPriceDistance
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24 Newnham Road £ 115,0000.04 KM
20 Newnham Road £ 106,5000.04 KM