Characterful Grade II listed two-bed, ideal for buy-to-let investors.
Tenant in situ paying £850pcm (income-ready investment)
A compact Grade II listed mid-terraced house on Albert Street, offered with a tenant in situ paying £850pcm. The property retains period character — high ceilings, a period fireplace and herringbone flooring — and occupies a short walk from Newark town centre and nearby train stations, making it an attractive let for commuters or a buy-to-let addition.
Internally the layout includes a basement room for storage, a living room, kitchen/diner, two bedrooms and a modern three-piece bathroom. The rear courtyard is low-maintenance and includes outbuildings; heating is by mains gas boiler and radiators. The freehold tenure and very low council tax contribute to lower running costs for an investor or owner-occupier.
Buyers should note this is a listed building: alterations will be restricted and will cause additional costs and administrative requirements. The property appears to have single glazing and solid brick walls with no built-in insulation (assumed), so buyers should budget for potential energy-efficiency upgrades. On-street parking only and the plot is small.
The area offers excellent local amenities, schools rated Good and fast broadband and mobile signal. Crime levels are recorded as very high in the local area; prospective purchasers should factor this into rental assumptions or personal security plans. For an investor wanting immediate rental income or a buyer seeking a characterful town-centre base, this property presents clear strengths alongside manageable compromises.