Walker Close, Newark
WI

Walker Close, Newark

By William H. Brown

£ 1,000,000

Reviews

3 out of 5 stars

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 %
from 365,430.00 £
Average area rental value
761.00 £/mo
Decreased by 17.01 %
from 917.00 £/mo
Est rental Yield
2.03 %
Decreased by 32.56 %
from 3.01 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Magnus Church Of England AcademyAcademy Sponsor LedGood0.30 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement0.65 KM
Mount Cofe Primary SchoolAcademy Converter0.93 KM
Balderton Children'S CentreChildren's Centre0.96 KM
Hawtonville Children'S CentreChildren's Centre0.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Charlotte Close £ 150,00000.00 KM
Cross Street £ 000.00 KM
Granby Avenue £ 000.00 KM
Portland Street £ 127,50000.00 KM
Stadium Ave £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark North Gate6499NNG1.36 KM
Newark Castle6498NCT1.48 KM

Nearby Listings

AddressPriceTypeScoreDistance
Walker Close, Newark £ 1,000,000BUY6 / 100.00 KM
Sydney Terrace, Newark £ 130,000BUY5 / 100.09 KM
Bowbridge Road, Newark £ 130,000BUY6 / 100.13 KM
Bowbridge Road, Newark £ 150,000BUYUnknown0.15 KM
Hatton Gardens , Newark £ 135,000BUYUnknown0.15 KM

Nearby Properties

AddressPriceDistance
2 Walker Close £ 94,0000.00 KM
32 Walker Close £ 130,0000.00 KM
28 Walker Close £ 96,2500.00 KM
24 Walker Close £ 136,0000.00 KM
34 Walker Close £ 127,0000.00 KM