Summary - 57 NEWCASTLE STREET TUXFORD NEWARK NG22 0LN
1 bed 1 bath End of Terrace
Small, characterful one-bed cottage with garden — ideal BTL or first-time project.
End-terrace cottage with one double bedroom and one reception room
Freehold with decent-sized rear garden and multiple brick outbuildings
Reported current yield ~6.25%; tenant in situ and would like to remain
Small overall size (approx. 375 sq ft) — best for single occupant or couple
Needs renovation and redecoration; degree of updating required throughout
EPC Grade E; likely solid brick walls with no insulation (assumed)
Heating: air source heat pump with electric fuel; double glazing present (date unknown)
Area shows economic deprivation; broadband average, crime level average
A compact end-of-terrace cottage on Newcastle Street, offered freehold and suited to buy-to-let investors or a first-time buyer willing to renovate. The property includes a lounge, galley kitchen, double bedroom, bathroom and a useful rear porch. Several brick outbuildings and a sizeable rear garden add outdoor storage and tenant appeal.
The house needs redecoration and some updating: the EPC is grade E, walls are likely uninsulated (solid brick), and systems should be checked before purchase. Heating is by an air-source heat pump with electric fuel; double glazing is fitted though installation date is unknown. The current tenant would like to stay, giving immediate rental income and a reported yield of about 6.25% at the asking price.
Situated in a small town fringe area of Tuxford with local shops, bus links and good mobile signal, the location offers convenience without inner-city prices. Broadband speeds are average and the area shows signs of economic deprivation, which may influence tenant demand and resale prospects. Prospective buyers should commission surveys and obtain service reports to confirm condition and running costs.
This is a straightforward, value-driven opportunity: a small, characterful cottage with garden and outbuildings that rewards modest investment in upgrading and insulation. It will suit an investor seeking an income-producing asset or a buyer prepared to carry out practical improvements to increase comfort and EPC rating.
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