About This Property

Discover what makes this home special

Richmond+ is a spacious and modern four-bedroom detached house located in the semi-rural area near Newark, Nottinghamshire. This property offers a harmonious blend of comfortable living spaces, including a lounge, dining room, and a well-appointed kitchen with utility room, complemented by a study and convenient ground-floor WC. Upstairs, the master bedroom and bedroom two benefit from en-suite bathrooms, alongside a family bathroom servicing the other bedrooms, making it ideal for families seeking privacy and functionality. The dual plot numbers 282 and 287 suggest a generous plot size, perfect for garden lovers or potential extensions.

Situated close to the village of Collingham, the home enjoys a peaceful environment with easy access to local amenities and excellent transport links. With Newark North Gate station just under 5 miles away, residents can commute efficiently to Nottingham and London, while nearby schools, shops, and parks provide a well-rounded lifestyle. The property’s location offers strong growth potential due to ongoing development plans in the Newark area, making Richmond+ a sound investment for homeowners and investors alike.

Property Features

This property boasts four spacious bedrooms, including two with en-suite bathrooms, providing ample privacy and convenience. The ground floor is thoughtfully designed with a separate lounge and dining room, alongside a modern fitted kitchen and utility room that enhance daily living. Additional features such as a study and ground floor WC add flexibility and practicality. The presence of a garden and garage further complements the home, offering outdoor space and secure parking. Double glazing and central heating ensure comfort and energy efficiency throughout the year.

GardenGarageEn-suite BathroomsFitted KitchenUtility RoomStudy+5

Local Amenities

Located in the village of Collingham, residents have access to a range of local amenities including well-regarded schools such as Collingham Primary School and leisure facilities like Collingham Leisure Centre. Daily shopping needs are met by local shops and a Co-op Food store, while dining options include traditional pubs such as The Red Lion. For outdoor recreation, Collingham Park offers green space for families and fitness enthusiasts. The nearby historic town of Newark provides additional amenities including a vibrant market place, supermarkets, and cultural venues, all within a short drive or train journey, enhancing the lifestyle appeal of this property.

Collingham Primary SchoolCollingham Leisure CentreNewark North Gate StationCollingham Village ShopsCo-op FoodThe Red Lion Pub+2
Newark North Gate Train Station (2.5 miles, 8 mins drive) • 40 mins by car to Nottingham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£389,995
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-
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Purchase Costs
Total Price£389,995
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

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International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£389,995
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 £2,015/mo rent
Area Price Growth
+6.5%
Average annual increase
5-Year Value Forecast
£534,829
+£144,834 projected gain
5-Year Rent Forecast
£2,547/mo
Based on 4.8% annual growth
Price per Sq Ft£244
Annual Rent Income£24,180
10-Year ROI248%
Break-Even Point13 yrs

Property Value Projection

Based on 6.5% annual growth
£534,829
5yr
£733,450
10yr
£1,005,834
15yr
£1,379,375
20yr
£1,891,638
25yr
Current: £389,995

Monthly Rental Income

Based on 4.8% annual growth
£2,547
5yr
£3,220
10yr
£4,071
15yr
£5,146
20yr
£6,506
25yr
Current: £2,015/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

Location

Commute Time Planner

Nottingham
N/A (direct train from Newark North Gate)
40 mins
London St Pancras
1h 15m from Newark North Gate
1h 45m

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Infrastructure+Positive Impact
Newark Southern Link Road
1.5 milesEst. 2025
ResidentialModerate Impact
Local Housing Expansion
0.8 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£389,995
AvailableNB0000054159
View Location Analytics

Richmond+

East Midlands, NG24 3BU
Balderton Rise
4
Bedrooms
3
Bathrooms
1,600
Est. Sq ft
house
Type

Developer

Lovell Homes
Available Plot Numbers
282287
2 plot(s) available
Ownershipfreehold

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