William H. Brown says ..
Potential redevelopment site extending to 0.76 hectares half a mile south east of Newark town centre close to the B6325 London Road, in a predominantly residential area.
Property Oracle says ..
This property listing presents a large plot of land (2,000 sq ft) at Walker Close, Newark, Nottinghamshire. The listing describes it as a potential redevelopment site, located conveniently close to Newark town centre and transport links including Newark North Gate and Newark Castle train stations. The area also boasts proximity to several schools, including the well-regarded Magnus Church of England Academy. The provided photographs reveal a building with modern interiors, which appear well-maintained. While the images showcase a clean and updated interior, it’s essential to note the absence of specifics about the existing structure. The lack of detail regarding the building’s square footage and specifics on the interior make a comprehensive assessment of the property challenging. Comparing the list price of £1,000,000 to nearby property listings raises concerns about the listed price’s justification. While the land size is significant, the absence of critical building details—including square footage and the property type—makes a reasonable valuation difficult. More information is required to make a conclusive assessment of the property’s worth.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 7
- Location
- 7
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
- Lot (est)
- 2,000.00
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
- 450,572.00 £Increased by 23.30 %
- Average area rental value
- 761.00 £/moDecreased by 17.01 %
- Est rental Yield
- 2.03 %Decreased by 32.56 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Magnus Church Of England Academy | Academy Sponsor Led | Good | 0.30 KM |
The King'S Church Of England Primary Academy | Academy Sponsor Led | Requires improvement | 0.65 KM |
Mount Cofe Primary School | Academy Converter | 0.93 KM | |
Balderton Children'S Centre | Children's Centre | 0.96 KM | |
Hawtonville Children'S Centre | Children's Centre | 0.96 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Charlotte Close | £ 150,000 | 0 | 0.00 KM |
Cross Street | £ 0 | 0 | 0.00 KM |
Granby Avenue | £ 0 | 0 | 0.00 KM |
Portland Street | £ 127,500 | 0 | 0.00 KM |
Stadium Ave | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Newark North Gate | 6499 | NNG | 1.36 KM |
Newark Castle | 6498 | NCT | 1.48 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Walker Close, Newark | £ 1,000,000 | BUY | 6 / 10 | 0.00 KM |
Sydney Terrace, Newark | £ 130,000 | BUY | 5 / 10 | 0.09 KM |
Bowbridge Road, Newark | £ 130,000 | BUY | 6 / 10 | 0.13 KM |
Bowbridge Road, Newark | £ 150,000 | BUY | Unknown | 0.15 KM |
Hatton Gardens , Newark | £ 135,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
2 Walker Close | £ 94,000 | 0.00 KM |
32 Walker Close | £ 130,000 | 0.00 KM |
28 Walker Close | £ 96,250 | 0.00 KM |
24 Walker Close | £ 136,000 | 0.00 KM |
34 Walker Close | £ 127,000 | 0.00 KM |