Millgate Apartments, Millgate, Newark, Notts, NG24
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Millgate Apartments, Millgate, Newark, Notts, NG24

By Whitegates

£ 130,000

Reviews

2 out of 5 stars

Whitegates says ..

Contemporary 1-bedroom ground floor apartment located in the old tax office building, at the top of Millgate. Beautiful modern design with an open plan kitchen/lounge and double bedroom with built in wardrobes. Family bathroom with shower over. The building enjoys a secure gated carpark and...

Property Oracle says ..

This listing presents a one-bedroom apartment situated in Millgate Apartments, Newark-on-Trent, Nottinghamshire. The apartment is described as contemporary and modern, with an open plan kitchen/lounge and double bedroom. The property benefits from a secure gated carpark, which enhances security. The apartment appears to be well-maintained based on the provided photographs, featuring a modern kitchen and bathroom. The location is favorable, being within walking distance of Newark Castle and reasonably close to the town centre with its shops, amenities and train stations. The presence of several primary schools within a short radius is also advantageous to families or those considering letting the property. The lack of information on plot size makes it impossible to assess the price per square foot of land, and the complete absence of outdoor space is worth noting. Further, comparing the price to other nearby properties with similar features would require more precise data than what has been presented. Overall, the property appears a reasonable option for a first-time buyer or investor, particularly given its location in Newark-on-Trent. The absence of a parking space and the limited available information regarding the overall specifics of the building prevents a definitive conclusion on its ultimate value.

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
6
Location
7
Land
1
Bedrooms
1
Bathrooms
0
Sqft (est)
606.50

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
221,979.00 £
Increased by 23.65 %
from 179,524.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
606.50 £/mo
Unchanged by 0.00 %
from 606.50 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Whitegates created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church C Of E Primary SchoolVoluntary Aided SchoolRequires improvement0.34 KM
Holy Trinity Catholic Voluntary AcademyAcademy ConverterGood0.62 KM
Mount Cofe Primary SchoolAcademy Converter0.83 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement1.17 KM
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement1.38 KM

Images

Picture No. 21 Picture No. 22 Picture No. 14 Picture No. 13 Photo 07 Picture No. 10 Picture No. 09 Picture No. 19 Picture No. 18 Picture No. 11

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Newark Castle6498NCT0.52 KM
Newark North Gate6499NNG1.76 KM
Rolleston6353ROL9.48 KM

Nearby Listings

AddressPriceTypeScoreDistance
Navigation Yard, Mill Gate, Newark £ 210,000BUY4 / 100.05 KM
Mill Gate, Newark £ 167,500BUYUnknown0.06 KM
Mill Gate, Newark £ 150,000BUY6 / 100.06 KM
Navigation Yard, Newark £ 270,000BUY5 / 100.06 KM
Mill Gate, Newark £ 280,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
31 Mill Gate £ 93,0000.07 KM
7 - 9 Mill Gate £ 239,9500.07 KM
27 Mill Gate £ 205,0000.07 KM
12 Pelham Close £ 174,0000.10 KM
16 Pelham Close £ 102,0000.10 KM