Summary - THE MALTKILN 2 GEORGE STREET NEWARK NG24 1JW
2 bed 1 bath Flat
Well‑priced central flat with parking and share of freehold — needs external repairs.
Share of freehold reduces long‑term charges and insurance responsibilities
Off‑street parking included — rare for central locations
EPC rating C; gas central heating and double glazing present
Victorian building shows external damp patches; maintenance needed
Solid brick walls with no known insulation — potential higher heating costs
Service charge £280 (below average); council tax band very low
Located in a high‑crime, deprived neighbourhood — impacts safety and rental appeal
Excellent transport links and many nearby amenities and schools
A bright two-bedroom flat in central Newark, offered with a share of the freehold and included off‑street parking. The apartment has a welcoming reception room, a practical kitchen and a modern bathroom, making it move‑in ready for first‑time buyers or those seeking a straightforward rental investment.
The building is Victorian and attractive from the street but shows signs of external wear and damp patches that will need attention. Internally the property is in good condition and benefits from double glazing, gas central heating and an EPC rating of C. Note the walls are solid brick with no known insulation, which may affect long‑term heating costs despite the current EPC band.
Practical running costs are favourable: a below‑average service charge (£280) and very low council tax band. Transport links and local amenities are excellent, and several primary and secondary schools are within easy reach, increasing appeal for young families or tenants.
Important negatives: the property sits in a high‑crime, deprived local area and external maintenance is required. The tenure is leasehold—buyers should review lease terms and shared insurance arrangements before committing. Overall, this is a competitively priced urban flat with immediate usability and clear potential for value improvement with modest external and insulation works.
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