Flat 5, The Old Victorian School, 22 Albert Street
By Alasdair Morrison & Mundys
£ 140,000
Reviews
2 out of 5 stars
Alasdair Morrison & Mundys says ..
GUIDE PRICE £140,000 - £150,000 - NO ONWARD CHAIN - A Duplex Apartment within a beautiful old converted Victorian School, the two storey accommodation is accessed via a Communal Entrance and briefly comprises of an Entrance Hall, downstairs WC and Open Plan Kitchen Living Room to the Gr...
Property Oracle says ..
This one-bedroom, one-bathroom duplex apartment is situated in a converted Victorian school on Albert Street in Newark-on-Trent, Nottinghamshire. The property is presented in modern, clean condition based on the images provided; the photographs showcase recently renovated or new kitchen and bathroom fittings, and a contemporary interior design.
The apartment’s location offers potential benefits including proximity to Newark’s town centre and train stations, providing convenient access to amenities and transport links. However, the specific location on Albert Street and the surrounding area’s character require further investigation to fully evaluate its desirability. The absence of information regarding parking could also be a significant drawback for prospective buyers, depending on their needs.
While the price of £140,000 seems reasonably competitive relative to nearby properties for a similarly sized and specified property, a comprehensive review requires further data, particularly detailed information about the size of similar properties in the area and current market conditions. The lack of plot size information is a notable drawback when assessing the property’s overall value. The available information on the nearby streets shows a significant range of property prices and therefore provides limited data for precise comparative analysis.
The overall impression is of a modern, well-maintained apartment in a potentially convenient location. However, before a definitive assessment of value and desirability can be given, more detailed information is needed concerning the property’s specific location, parking availability, and the broader local market conditions. The apparent lack of external space associated with the flat represents a negative factor for buyers seeking additional outdoor 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
- 7
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 623.54
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 %
- Est sale value
- 228,215.64 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 623.54 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 26.00 %Unchanged by 0.00 %
Agent Activity
Alasdair Morrison & Mundys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Christ Church C Of E Primary School | Voluntary Aided School | Requires improvement | 0.52 KM |
| Holy Trinity Catholic Voluntary Academy | Academy Converter | Good | 0.66 KM |
| Mount Cofe Primary School | Academy Converter | 0.67 KM | |
| The King'S Church Of England Primary Academy | Academy Sponsor Led | Requires improvement | 0.78 KM |
| Magnus Church Of England Academy | Academy Sponsor Led | Good | 1.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Portland Street | £ 127,500 | 0 | 0.00 KM |
| Robin Hood Walk | £ 0 | 0 | 0.00 KM |
| Clinton Arms Court | £ 0 | 0 | 0.00 KM |
| Chain Lane | £ 0 | 0 | 0.00 KM |
| Victoria Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newark Castle | 6498 | NCT | 0.78 KM |
| Newark North Gate | 6499 | NNG | 1.58 KM |
| Rolleston | 6353 | ROL | 9.82 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Albert Street, Newark | £ 145,000 | BUY | 7 / 10 | 0.00 KM |
| 22 Albert Street, Newark, Nottinghamshire. | £ 130,000 | BUY | 6 / 10 | 0.00 KM |
| Flat 8, The Old Victorian School, 22 Albert Street, Newark | £ 170,000 | BUY | 5 / 10 | 0.02 KM |
| Albion Street, Newark | £ 118,950 | BUY | 6 / 10 | 0.03 KM |
| Portland Court, Newark | £ 90,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 25 Albert Street | £ 35,000 | 0.02 KM |
| 14 Albert Street | £ 85,500 | 0.04 KM |
| 23 Albert Street | £ 78,500 | 0.04 KM |
| 20 Albert Street | £ 89,950 | 0.04 KM |
| 21 Albert Street | £ 125,000 | 0.04 KM |