Apartment 12, Navigation Yard, Newark
RI

Apartment 12, Navigation Yard, Newark

By Richard Watkinson & Partners

£ 250,000

Reviews

3 out of 5 stars

Richard Watkinson & Partners says ..

Thorpes Warehouse is set in a waterfront location on Navigation Yard in the Millgate Conservation area. Millgate is a historic part of the market town of Newark. This popular area is located just 500 yards to the south of Newark town centre and is amongst other historic buildings. Newark is a ...

Property Oracle says ..

This two-bedroom, two-bathroom apartment located in the prestigious Millgate Conservation Area of Newark-on-Trent presents a compelling opportunity. Situated in a historic waterfront setting just a short distance from the town centre, the property benefits from a convenient location near Newark Castle and several schools. The apartment itself is presented in immaculate condition, as seen in the provided photos. The modern fixtures and fittings, combined with the exposed brickwork, create a blend of contemporary style and historical charm. While the lack of outdoor space is a noteworthy consideration, the high quality of the refurbishment and desirable location suggest the price point of £250,000 represents reasonable value. Further investigation into the precise square footage and comparison with similar properties with detailed specifications would help solidify a more conclusive assessment of its market value. The property is well-suited for those seeking stylish accommodation in a vibrant historical setting. Potential buyers should be aware that the lack of garden space will be a deciding factor for those who prioritize outdoor space. The Ofsted ratings of nearby schools vary; potential buyers should independently research the best fit for their educational needs.

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
7
Condition
9
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
680.00

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
248,880.00 £
Increased by 23.65 %
from 201,280.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
680.00 £/mo
Unchanged by 0.00 %
from 680.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Richard Watkinson & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church C Of E Primary SchoolVoluntary Aided SchoolRequires improvement0.35 KM
Holy Trinity Catholic Voluntary AcademyAcademy ConverterGood0.64 KM
Mount Cofe Primary SchoolAcademy Converter0.86 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement1.22 KM
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement1.41 KM

Images

Newark Lifestyle Thorpes Warehouse Views Inner Lobby Open Plan Living Dining Kitchen Master Bedroom One Bedroom Two Main Bathroom Car Parking PHOTOGRAPHS OF THE SHOW FLAT FOR ILLUSTRATION PURP

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Street £ 000.00 KM
Robin Hood Walk £ 000.00 KM
Queen Street £ 000.00 KM
Manners Road £ 000.00 KM
King Street £ 200,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Newark Castle6498NCT0.51 KM
Newark North Gate6499NNG1.79 KM
Rolleston6353ROL9.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Navigation Yard, Mill Gate, Newark £ 210,000BUY4 / 100.00 KM
Thorpes Warehouse, Navigation Yard, Newark £ 240,000BUY7 / 100.05 KM
Thorpes Warehouse, Navigation Yard, Newark £ 250,000BUY6 / 100.05 KM
Thorpes Warehouse, Navigation Yard, Newark, NG24 4GT £ 230,000BUY6 / 100.05 KM
Navigation Yard, Newark £ 270,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
7 - 9 Mill Gate £ 239,9500.08 KM
31 Mill Gate £ 93,0000.08 KM
27 Mill Gate £ 205,0000.08 KM
3 Pelham Close £ 148,9500.12 KM
12 Pelham Close £ 174,0000.12 KM