Summary - NICHOLSONS WHARF 20 MATHER ROAD NEWARK NG24 1FN
2 bed 1 bath Apartment
50% shared ownership; low-maintenance living close to town and stations.
Riverside balcony with direct river views
A ground-floor two-bedroom apartment set directly on the River Trent, offered as a 50% shared ownership. The large lounge/diner opens onto a wide covered balcony with genuine riverside views, making this a low-maintenance base in walking distance of Newark town centre and both train stations. Gas central heating, modern double glazing and an EPC rating of C (75) are practical pluses.
Buyers should be clear about material issues: the lease has 69 years remaining — many mortgage lenders may refuse or require specialist lending — and the site is in a high flood-risk zone. The area records very high crime and higher local deprivation than average, which will affect long-term desirability and lettability for some buyers.
Practical benefits include an allocated off-street parking space immediately outside the entrance, relatively modest service charges, and chain-free vacant possession. The flat is suitable for a first-time buyer using shared ownership, or an investor aware of the lease and local risks. Staircasing to a larger share is available through Nottingham Community Housing Association.
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