Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

The Moresby is a charming three-bedroom family home located in the desirable Newark area, NG24 3UA. This well-designed property offers a practical and spacious layout with two bathrooms, including an en-suite in the master bedroom, and a convenient downstairs WC. The ground floor features a bright lounge, a modern kitchen with integrated appliances, and a dining area that opens onto the rear garden, perfect for entertaining and family gatherings. Upstairs, three comfortable bedrooms provide ample space for a growing family or guests.

Situated on Plot 145, the property benefits from a south-east facing rear garden that enjoys good sunlight throughout the day, enhancing the living experience. Newark is a historic market town with excellent transport links, local amenities, and a strong community feel. This home is ideal for families, first-time buyers, or investors looking for a property with good growth potential in a well-connected location.

Property Features

This property boasts a well-thought-out layout with a combination of practical and stylish features. The south-east facing garden ensures ample sunlight for outdoor activities and relaxation. An en-suite bathroom in the master bedroom adds privacy and convenience, complemented by a family bathroom and a downstairs WC for guests. The integrated kitchen appliances and dining area create a modern, functional space for everyday living and entertaining. Additional storage cupboards throughout the home enhance usability and organization.

South-East facing gardenEn-suite bathroomDownstairs WCIntegrated kitchen appliancesDining areaSpacious lounge+2

Local Amenities

Newark offers a comprehensive range of amenities catering to all age groups and lifestyles. The town is served by two main railway stations, Newark Castle and Newark North Gate, providing excellent rail links to Nottingham, Lincoln, and London. Local schools such as St. Mary Magdalene Academy and The Grove Primary School have good reputations, making the area attractive to families. Residents benefit from nearby healthcare facilities including Newark Hospital. For shopping and leisure, Sainsbury's supermarket, Newark Market Place, and Riverside Park provide convenient options, while the Newark Leisure Centre offers sports and fitness activities.

Newark Castle Railway StationNewark North Gate StationNewark HospitalSt. Mary Magdalene AcademyThe Grove Primary SchoolSainsbury's Supermarket+3
Newark North Gate Train Station (1.5 miles, 6 mins drive) • 30 mins to Nottingham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£254,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£254,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Strong rental demand
Proximity to transport links
Energy-efficient design

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£254,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.2%
Based on £1,317/mo rent
Area Price Growth
+6.5%
Average annual increase
5-Year Value Forecast
£349,693
+£94,698 projected gain
5-Year Rent Forecast
£1,665/mo
Based on 4.8% annual growth
Price per Sq Ft£268
Annual Rent Income£15,804
10-Year ROI248%
Break-Even Point13 yrs

Property Value Projection

Based on 6.5% annual growth
£349,693
5yr
£479,560
10yr
£657,656
15yr
£901,893
20yr
£1,236,832
25yr
Current: £254,995

Monthly Rental Income

Based on 4.8% annual growth
£1,665
5yr
£2,105
10yr
£2,661
15yr
£3,364
20yr
£4,252
25yr
Current: £1,317/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London St Pancras
1h 15m
1h 30m
East Midlands Airport
N/A
25 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Moderate
Afternoon Good
Evening Low
Dining
Morning Good
Afternoon Excellent
Evening Moderate
Kitchen
Morning Good
Afternoon Good
Evening Low
Master Bedroom (Bed 1)
Morning Excellent
Afternoon Moderate
Evening Low
Bed 2
Morning Moderate
Afternoon Good
Evening Low
Bed 3
Morning Moderate
Afternoon Good
Evening Low

Location Scores

65
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Infrastructure+Positive Impact
Newark Southern Link Road
2 milesEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£254,995
SoldNB0000005046
View Location Analytics

Moresby

Newark, Newark NG24 3UA
Fernwood Village
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
house
Type

Developer

Barratt Homes
Available Plot Numbers
145
1 plot(s) available
Ownershipfreehold

Request Information

£254,995Moresby

Enquire About This Property

Moresby
Moresby Newark£254,995

Property Assistant

Ask me anything