Grange Road, Newark
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- Two Double Bedroom First Floor Flat
- Rear Garden
- Residents Parking
- No Chain
- New Gas Central Heating Boiler Oct 2024
- Lounge Diner
- Ground Floor Store Room
- 7.5% to 8% Yield Rental Opportunity
- UPVC Double Glazing
- New Roof 2025
Description
This two double bedroom first-floor flat offers a fantastic opportunity for both first-time buyers looking to step onto the property ladder and savvy investors seeking a high-yield addition to their portfolio.
Marketed at £110,000, the property boasts an impressive potential rental yield of 7.5% – 8%. Peace of mind comes standard here, with a new boiler installed in October 2024 and exceptionally low holding costs, including a service charge of approximately £250 per annum and ground rent at just £10 per year.
Property Highlights:
Downstairs Versatile Storeroom: Could be used as a store, drying room or made into an office.
Spacious Lounge: A bright and airy primary living area featuring neutral décor, and a focal fireplace. There is ample room for both a substantial seating area and a dining set.
Modern Kitchen: A well-appointed galley-style kitchen with sleek cabinetry, butcher-block style worktops, and a classic subway tile backsplash. It comes equipped with an integrated oven, hob, dishwasher and dedicated space for laundry appliances.
Bedrooms & Bathroom
Two Double Bedrooms: Both bedrooms are generously proportioned doubles. The primary bedroom features large windows allowing for plenty of natural light, while the second bedroom offers versatility as a guest room or a spacious home office.
Shower Room: A clean, fully tiled suite featuring a walk-in shower, pedestal wash basin, and a bright, fresh atmosphere.
External Features
Private Garden: Unlike many flats, this property benefits from its own low-maintenance rear garden space—ideal for summer BBQs and outdoor relaxation. There is also a residents parking area providing off road parking.
Located in a popular area of Newark, this property is close to local amenities, schools, and transport links, making it a convenient choice for families and professionals alike.
Agent's Note: With the recent boiler upgrade and incredibly low annual charges, this flat is "turn-key" ready. Its spacious layout and private garden make it highly desirable for the local rental market.
Entrance Hall -
Store Room - 2.82m x 2.01m (9'3 x 6'7) - Max measurements
First Floor -
Lounge Diner - 4.67m x 4.39m (15'4 x 14'5) - max measurements
Kitchen - 3.78m x 2.26m (12'5 x 7'5) -
Bedroom One - 3.96m x 3.20m (13'0 x 10'6) -
Bedroom Two - 3.96m x 2.82m (13'0 x 9'3) -
Shower Room - 1.96m x 1.65m (6'5 x 5'5) -
Brochures
Grange Road, NewarkBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Residents
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Grange Road, Newark
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Visit our security centre to find out moreDisclaimer - Property reference 34635355. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edlin & Jarvis Estate Agents Ltd, Newark. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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