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About This Property

Discover what makes this home special

The Moresby is a charming three-bedroom house located in the desirable Newark area, NG24 3UA. Priced at £269,995, this home offers a perfect blend of modern living and practical design, ideal for families or professionals seeking a comfortable and convenient lifestyle. The ground floor features a spacious lounge, a well-equipped kitchen with adjoining dining area, and a handy WC, while the first floor boasts three well-proportioned bedrooms, including a master with an en-suite, and a family bathroom. The rear garden faces south-east, ensuring pleasant sunlight throughout much of the day, enhancing outdoor living and relaxation.

Situated on plot number 398, this property benefits from a thoughtfully planned layout with ample storage and natural light. The location in Newark provides excellent access to local amenities, schools, and transport links, making it a highly attractive option for buyers looking for a balanced lifestyle. Whether you are a first-time buyer, a growing family, or an investor, the Moresby offers excellent value in a thriving community.

Property Features

This property boasts a south-east facing garden that captures morning and afternoon sunlight, perfect for outdoor enjoyment. The fitted kitchen is designed for functionality and flows seamlessly into the dining area, creating an ideal space for family meals and entertaining. The master bedroom benefits from an en-suite shower room, adding privacy and convenience. Additional features include a spacious lounge, ground floor WC, and multiple storage cupboards, enhancing the practicality of the home. Double glazing and gas central heating ensure comfort and energy efficiency year-round.

South-East facing gardenEn-suite bathroomFitted kitchenDining areaLoungeGround floor WC+3

Local Amenities

Located in Newark, this property offers convenient access to a range of local amenities. Education is well catered for with nearby schools such as Newark Castle Academy and St. Mary's RC Primary School, both highly regarded in the area. Commuters benefit from proximity to Newark Northgate Station, providing direct rail links to Nottingham and London. The town centre offers a variety of shops, restaurants, and services, while outdoor enthusiasts can enjoy Riverside Park and the facilities at Newark Leisure Centre. Overall, the location supports a balanced lifestyle with excellent community resources.

Newark Castle AcademySt. Mary's RC Primary SchoolNewark Northgate StationNewark Town CentreSainsbury's SupermarketRiverside Park+1
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£269,995
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£269,995
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

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Strong transport connections to London and Nottingham
Good local schools and amenities
Moderate future growth potential

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£269,995
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 £1,395/mo rent
Area Price Growth
+6.5%
Average annual increase
5-Year Value Forecast
£370,264
+£100,269 projected gain
5-Year Rent Forecast
£1,764/mo
Based on 4.8% annual growth
Price per Sq Ft£300
Annual Rent Income£16,740
10-Year ROI248%
Break-Even Point13 yrs

Property Value Projection

Based on 6.5% annual growth
£370,264
5yr
£507,770
10yr
£696,343
15yr
£954,946
20yr
£1,309,588
25yr
Current: £269,995

Monthly Rental Income

Based on 4.8% annual growth
£1,764
5yr
£2,229
10yr
£2,818
15yr
£3,563
20yr
£4,504
25yr
Current: £1,395/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 Good
Dining
Morning Good
Afternoon Excellent
Evening Moderate
Kitchen
Morning Moderate
Afternoon Good
Evening Low
Master Bedroom
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
Evening Low
Bedroom 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

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£269,995
SoldNB0000005047
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Moresby

Newark, Newark NG24 3UA
Fernwood Village
3
Bedrooms
2
Bathrooms
900
Est. Sq ft
house
Type

Developer

Barratt Homes
Available Plot Numbers
398
1 plot(s) available
Ownershipfreehold

Request Information

£269,995Moresby

Enquire About This Property

Moresby
Moresby Newark£269,995

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