Marron Court, Newark, NG24
MC

Marron Court, Newark, NG24

By McGowan Housing

£ 147,000

Reviews

3 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long-Term Tenant Currently Situated | 2 Bedroom Flat | Long Term Tenant Currently Situated | Easy Access to Local Amenities | Prime Rental Location Within Newark

Property Oracle says ..

This property is a 2-bedroom, 1-bathroom flat located in Newark, Nottinghamshire. The property benefits from a small garden and is conveniently located near Newark Castle (0.62km) and Newark North Gate train stations (1.79km), offering good transport links. Several primary schools are within a reasonable distance, including Christ Church C Of E Primary School (0.26km) and Holy Trinity Catholic Voluntary Academy (0.53km). The property appears to be in good condition based on the provided images, with a modern and well-maintained interior. However, the plot size is relatively small compared to the average for the area. The list price of £147,000 is significantly lower than the average house price in the area (£302,231), and the price per square foot is also lower than the average (£288). This could indicate good value for money, particularly for investors or first-time buyers. However, further investigation into the specifics of the property and the local market is recommended to confirm this.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
8
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
766.50
Lot (est)
867.57

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
280,539.00 £
Increased by 23.65 %
from 226,884.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
766.50 £/mo
Unchanged by 0.00 %
from 766.50 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Christ Church C Of E Primary SchoolVoluntary Aided SchoolRequires improvement0.26 KM
Holy Trinity Catholic Voluntary AcademyAcademy ConverterGood0.53 KM
Mount Cofe Primary SchoolAcademy Converter0.85 KM
The King'S Church Of England Primary AcademyAcademy Sponsor LedRequires improvement1.07 KM
Lovers Lane Primary And Nursery SchoolCommunity SchoolRequires improvement1.42 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Newark Castle6498NCT0.62 KM
Newark North Gate6499NNG1.79 KM
Rolleston6353ROL9.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marron Court, Fernwood, Newark £ 125,000BUY6 / 100.00 KM
Pelham Street, Newark £ 145,000BUY7 / 100.07 KM
Mill Gate, Newark £ 167,500BUYUnknown0.08 KM
Mill Gate, Newark £ 150,000BUY6 / 100.10 KM
Pelham Street, ,, Newark, Nottinghamshire, NG24 4XD £ 145,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
1 Pelham Close £ 125,0000.07 KM
17 Pelham Close £ 109,9500.07 KM
18 Pelham Close £ 124,9500.07 KM
16 Pelham Close £ 102,0000.07 KM
3 Pelham Close £ 148,9500.07 KM