Flat 5, The Old Victorian School, 22 Albert Street
AL

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 %
from 295,097.00 £
Est sale value
228,215.64 £
Increased by 23.65 %
from 184,567.84 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
623.54 £/mo
Unchanged by 0.00 %
from 623.54 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Alasdair Morrison & Mundys created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church C Of E Primary SchoolVoluntary Aided SchoolRequires improvement0.52 KM
Holy Trinity Catholic Voluntary AcademyAcademy ConverterGood0.66 KM
Mount Cofe Primary SchoolAcademy Converter0.67 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement0.78 KM
Magnus Church Of England AcademyAcademy Sponsor LedGood1.15 KM

Images

Kitchen Living Room Living Room Bathroom Bedroom Downstairs WC

Nearby Streets

NameAverage PriceAverage SqftDistance
Portland Street £ 127,50000.00 KM
Robin Hood Walk £ 000.00 KM
Clinton Arms Court £ 000.00 KM
Chain Lane £ 000.00 KM
Victoria Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark Castle6498NCT0.78 KM
Newark North Gate6499NNG1.58 KM
Rolleston6353ROL9.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Albert Street, Newark £ 145,000BUY7 / 100.00 KM
22 Albert Street, Newark, Nottinghamshire. £ 130,000BUY6 / 100.00 KM
Flat 8, The Old Victorian School, 22 Albert Street, Newark £ 170,000BUY5 / 100.02 KM
Albion Street, Newark £ 118,950BUY6 / 100.03 KM
Portland Court, Newark £ 90,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
25 Albert Street £ 35,0000.02 KM
14 Albert Street £ 85,5000.04 KM
23 Albert Street £ 78,5000.04 KM
20 Albert Street £ 89,9500.04 KM
21 Albert Street £ 125,0000.04 KM