175 Grove Street, Newark
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175 Grove Street, Newark

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We have confidence in this estimated current valuation Updated recently
£87,100
Or £566 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Feb 27, 2025
£91,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 175 Grove Street, Newark, a cozy and compact flat type home with 2 bed in the NG24 3AS area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band A.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £87,100 and a rental potential of £566 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Feb 27, 2025. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"A self contained first floor, two bedroomed flat, with central heating, garage and front forecourt. The original Lease is extended to the year 2163, with very reasonable ground rent and insurance cost provisions. The property is conveniently situated within a popular and well established residential area, convenient fort local shops, schools and public transport facilities. Just beyond the rear of the flat is the Newark to Cotham village church former ramble railway walk, and protected area.

The accommodation provides a ground floor private entrance door and lobby, with staircase to the first floor, cloak cupboard, first floor landing, 22ft living room and kitchen area, two bedrooms and a bathroom. The property has a front forecourt area and a single garage in the nearby courtyard block.

This is a popular residential area within walking distance of secondary and primary schools, supermarket, local shops and bus services. Newark Town Centre is just over 1 mile, with a range of facilities and retail parks. The property is convenience for access to the A1. There are two railway stations in Newark. Newark Northgate has regular services to London King s Cross with journey times of just over 75 minutes. Newark Castle Gate Station has regular train services to Lincoln and Nottingham.

The property is constructed with cavity brick elevations under an interlocking tiled roof. The garage block is constructed in brick with a flat mineralised felt roof covering.

The following accommodation is provided

Ground Floor Front entrance door, lobby and staircase.

Second Floor Landing with electric heater.



Living Room Kitchen 6.91m x 3.53m 22 8 x 11 7 With two recently installed electric radiators kitchen area narrowing to 9 width . Contains wall cupboards, base units, working surfaces and stainless steel sink unit. Integrated electric hob and electric oven. The living space has a wide and deep front window. There is a built ion cupboard in the bulkhead area.





Bedroom One 3.99m x 3.23m 13 1 x 10 7 With electric radiator.

Bedroom Two 3.00m x 2.90m 9 10 x 9 6 Overall measurements into the recess.

Built in airing cupboard containing the hot water cylinder and immersion heater. Electric heater.

Bathroom White suite comprising bath, basin and low suite WC. Electric heater. Electric shower over the bath.

Outside The leasehold interest includes the forecourt frontage area to the flat and Grove Street roadside.

Garage 4.88m x 2.51m 16 x 8 3 With up and over door. The Title includes the garage and an area of land approximately 3m deep in front of the garage. The garage is the fourth on the right hand side, with a beige off white painted door.





Services Mains water, electricity, and drainage are connected to the property. Heating and water is all electric.

Tenure The property is leasehold for an extended term of 189 years from 1st March 1974 139 years unexpired .

Ground Rent The ground rent is ยฃ150 per annum. Current Insurance Premium ยฃ382.78 paid on 28th May 2024. There is a sub lease renewal charge of ยฃ75.

Managing Agents RCP Property Management, First Floor, Newbury House, Aintree Avenue, White Horse Business Park, Trowbridge, Wiltshire BA14 0XB, email .

Possession Vacant possession will be given on completion.

Mortgage Mortgage advice is available through our Mortgage Adviser. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Viewing Strictly by appointment with the selling agents.

Council Tax This property comes under Newark & Sherwood District Council Tax Band A.

"

Property Data

Data point Compared to road
Tax band A

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £396 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Magnus Church of England Academy
0.2mi
Barnby Road Academy Primary and Nursery school
0.3mi
The William Gladstone Church of England Primary Academy
0.4mi
Newark Orchard School
0.5mi
Mount CofE Primary and Nursery School
0.5mi
Nearby Stations
Newark Northgate Station
0.8mi
Newark Castle Station
0.8mi
Rolleston Station
4.1mi
Fiskerton Station
4.6mi
Collingham Station
5.5mi

Comparable properties

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Photos

Strengths and Opportunities

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Our FREE new platform which provides tailored improvement suggestions, alerts, and lets you keep track of and modify property data with absolute ease.

Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 175 Grove Street, Newark worth?

    175 Grove Street, Newark is now worth £87,100 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 175 Grove Street, Newark - click click here to get a valuation with no strings attached.

  2. What is the rental value of 175 Grove Street, Newark?

    The current rental valuation for this property is £566 per month, within a price range of £510 and £623.

  3. How many bedrooms does 175 Grove Street, Newark have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 175 Grove Street, Newark?

    Nearby schools in include Magnus Church of England Academy, Barnby Road Academy Primary and Nursery school, The William Gladstone Church of England Primary Academy, Newark Orchard School, Mount CofE Primary and Nursery School

    Nearby stations in include Newark Northgate Station, Newark Castle Station, Rolleston Station, Fiskerton Station, Collingham Station.

  5. What type of property is 175 Grove Street, Newark

    This is a Flat property. There are 4 other Flat properties on GROVE STREET, and 45 in total.

  6. When was 175 Grove Street, Newark built? How old is 175 Grove Street, Newark?

    175 Grove Street, Newark was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Nottingham, Nottinghamshire Mansfield, Nottinghamshire Newark, Nottinghamshire Newark, Lincolnshire Southwell, Nottinghamshire