Pelham Street, Newark
NE

Pelham Street, Newark

By Newton Fallowell

£ 130,000

Reviews

2 out of 5 stars

Newton Fallowell says ..

*GUIDE PRICE £130,000 to £140,000* MARKETED WITH NO CHAIN. Representing a delightful blank canvas, this end terraced home would make a superb first time home and is conveniently located for Newark town centre, ideal for ease of access to local amenities as well as both train statio...

Property Oracle says ..

This two-bedroom, one-bathroom terraced house located on Pelham Street in Newark, Nottinghamshire, is presented as a blank canvas for potential buyers. The property’s location offers convenience with close proximity to Newark town centre, providing easy access to amenities, shops, and transportation links. Newark Castle and Newark North Gate train stations are within reasonable distance, adding to the appeal.

The interior reveals a property that is habitable but would benefit from some modernisation. The kitchen and bathroom are functional but could benefit from contemporary upgrades to appeal to modern tastes. The bedrooms appear well-proportioned, though furnishings might require updating for a modern aesthetic.

The property features a small rear garden space containing a shed. Although a small space, it does offer a degree of outdoor area. Overall, the external appearance appears functional and shows signs of use.

The listed price of £130,000 is situated within a range of values for comparable properties in the surrounding streets. This suggests competitive pricing in the current market. Whilst there are no reported square foot prices, the price appears reasonable for the size and amenities. Overall, this property presents a good opportunity for a first-time buyer or someone looking for a project to tailor to their individual preferences.

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
3
Bedrooms
2
Bathrooms
1
Sqft (est)
840.70

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
307,696.20 £
Increased by 23.65 %
from 248,847.20 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
840.70 £/mo
Unchanged by 0.00 %
from 840.70 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church C Of E Primary SchoolVoluntary Aided SchoolRequires improvement0.30 KM
Holy Trinity Catholic Voluntary AcademyAcademy ConverterGood0.51 KM
Mount Cofe Primary SchoolAcademy Converter0.81 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement0.94 KM
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement1.38 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Newark Castle6498NCT0.70 KM
Newark North Gate6499NNG1.75 KM
Rolleston6353ROL9.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Victoria Street, Newark £ 250,000BUY6 / 100.05 KM
Pelham Street, Newark £ 145,000BUY7 / 100.11 KM
Victoria Street, Newark, NG24 £ 220,000BUY7 / 100.12 KM
Victoria Street, Newark, Nottinghamshire. £ 170,000BUY6 / 100.12 KM
Victoria Terrace, Newark £ 150,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
9 Pelham Gardens £ 97,0000.07 KM
6 Pelham Gardens £ 109,0000.07 KM
11 Pelham Gardens £ 113,5000.07 KM
4 Pelham Gardens £ 60,0000.07 KM
7 Pelham Gardens £ 98,5000.07 KM