# 1 bedroom apartment for sale (NG24 1UH) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 3, ST. MARYS ROOMS, GUILDHALL STREET, NEWARK, NOTTINGHAMSHIRE NG24 1UH | | Price | £125,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | A | | Last sold | £117,000 Jan 2026 | ## Description **** **** NO ONWARD CHAIN - A modern Ground Floor Apartment within a Period Parish Room Conversion with a private front door and being close to the Town Centre. In brief the accommodation comprises a good size Kitchen Diner with integrated appliances, Living Room, Bedroom and a modern Jack 'n' Jill Shower Room. The property features high ceilings and there is a small open plan outside area. Viewings are recommended to appreciate the charm that this property has to offer.   **LOCATION** **** Newark-on-Trent is a historic Market Town located in Nottinghamshire, known for its charming blend of old and new. The town's rich history is evident in its impressive medieval castle, which offers stunning views of the surrounding countryside. Additionally, Newark boasts an array of cultural attractions, including the National Civil War Centre, which delves into the town's pivotal role in the English Civil War. Newark-on-Trent offers a range of amenities and facilities including a bustling market square, numerous shops, restaurants and cafes, parks, sports fields and a leisure centre. The town is also well-connected in terms of transportation, with easy access to major roads and a railway station that provides links to nearby cities.  **SERVICES** **** Mains electricity, water and drainage. Electric heating.  **TENURE** **** Share of Freehold between the five apartments. Length of Lease - 999 years from 20.12.2018. Maintenance Charge - £35.00 paid on the 1st of the month which covers maintenance of the building and window cleaning. Ground Rent - £100.00 per annum (£50.00 paid bi-annually in September and March). All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.  **KITCHEN** **DINER** **14' 11" x 12' 4" (maximum) (4.55m x 3.76m)** A modern fitted Kitchen Diner with a range of fitted wall and base units with a work surface incorporating a sink unit with a stainless steel mixer tap, integral fridge freezer, dishwasher and washing machine, fitted oven and ceramic hob with extractor hood over, tiled splash-backs, inset spotlights, wall mounted electric heater, door through to the Living Room and window to the front elevation.  **LIVING** **ROOM** **14' 10" (plus lobby recess) x 9' 11" (4.52m x 3.02m)** With window to the rear elevation, doors leading to the Bedroom and Shower Room, wall mounted electric heater and built-in storage cupboard with shelving and housing the hot water cylinder.  **BEDROOM** **13' 1" x 9' 7" (3.99m x 2.92m)** With window to the rear elevation, wall mounted electric heater and door to the Shower Room.  **SHOWER** **ROOM** **6' 8" (maximum) x 6' 0" (2.03m x 1.83m)** A modern fitted Jack 'n' Jill Shower Room fitted with a pedestal wash hand basin, low level WC and shower cubicle with a mains fed shower, electric heated towel rail, inset spotlights and extractor.  **OUTSIDE** **** Open plan with neighbouring properties and gravelled garden area.  ## Property Photos - ![Building](/listings/photos/164435963/798834) - Building - ![Kitchen Diner](/listings/photos/164435963/798835) - Kitchen Diner - ![Living Room](/listings/photos/164435963/798836) - Living Room - ![Kitchen Diner](/listings/photos/164435963/798837) - Kitchen Diner - ![Bedroom](/listings/photos/164435963/798838) - Bedroom - ![Shower Room](/listings/photos/164435963/798839) - Shower Room - ![Access](/listings/photos/164435963/798840) - Access - ![Front Door](/listings/photos/164435963/798841) - Front Door ## Floorplans - ![Floor Plan](/listings/photos/164435963/798842) - Floor Plan ## EPC Graphs - ![EPC Front Page](/listings/photos/164435963/798843) - EPC Front Page ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | ST. MARYS ROOMS APARTMENT 3 GUILDHALL STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UH | £117,000 | 30/01/2026 | Flat | | ST. MARYS ROOMS APARTMENT 3 GUILDHALL STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UH | £113,000 | 20/12/2018 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | WESLEY HOUSE APARTMENT 1 GUILDHALL STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UP | £162,000 | 23/05/2025 | Flat | | THE FRIARY 4 APPLETON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1JY | £440,000 | 30/11/2023 | Flat | | BARNBY HOUSE, 14 APARTMENT 6 BARNBY GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1PZ | £150,000 | 29/09/2023 | Flat | | WESLEY HOUSE APARTMENT 3 GUILDHALL STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UP | £150,000 | 15/08/2023 | Flat | | BARNBY HOUSE, 14 APARTMENT 6 BARNBY GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1PZ | £145,000 | 21/03/2023 | Flat | | BISHOPS PLACE, 20 FLAT 3 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UW | £161,500 | 03/03/2023 | Flat | | [Same street] ST MARYS ROOMS FLAT 2 GUILDHALL STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UH | £145,000 | 11/11/2022 | Flat | | BISHOPS PLACE, 20 FLAT 7 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UW | £150,000 | 11/10/2022 | Flat | | BISHOPS PLACE, 20 FLAT 13 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UW | £156,000 | 19/08/2022 | Flat | | BARNBY HOUSE, 14 APARTMENT 8 BARNBY GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1PZ | £130,000 | 06/07/2022 | Flat | | BISHOPS PLACE, 20 FLAT 12 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UW | £149,000 | 30/06/2022 | Flat | | 5 FLAT 4 CHURCH WALK, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1JS | £96,000 | 30/06/2022 | Flat | | 11 BRIDGE STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1EE | £252,500 | 30/06/2022 | Flat | | BISHOPS PLACE, 20 FLAT 9 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UW | £125,000 | 10/06/2022 | Flat | | BISHOPS PLACE, 20 FLAT 14 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UW | £155,000 | 08/04/2022 | Flat | | [Same street] 10 GUILDHALL STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UH | £180,000 | 08/03/2022 | Semi-detached | | BARNBY HOUSE, 14 APARTMENT 2 BARNBY GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1PZ | £145,000 | 02/02/2022 | Flat | | BISHOPS PLACE, 20 FLAT 3 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UW | £132,500 | 07/12/2021 | Flat | | BISHOPS PLACE, 20 FLAT 10 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UW | £190,000 | 26/11/2021 | Flat | | 93A FLAT 1 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UN | £99,000 | 03/11/2021 | Flat | | 93A FLAT 2 BALDERTON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UN | £99,000 | 03/11/2021 | Flat | | BEAUMOND CHAMBERS LONDON ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1TN | £430,000 | 01/11/2021 | Flat | | [Same street] 3B GUILDHALL STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1UH | £130,000 | 25/08/2021 | Terraced | **Street average:** £151,667 (3 sales) **Area average:** £175,875 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £117,969 (16 Flat, NG24, 2024–2026) - **Deviation:** +6% ## Rental Range *ONS Price Index of Private Rents (Newark and Sherwood). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £715/mo - **Realistic:** £794/mo - **Optimistic:** £873/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Grantham & Newark (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £424/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Flat, Appleton Gate, NG24 | £1,800/mo | 1 | 0.23 miles | OpenRent | | 1 Bed Flat, Bar Gate, NG24 | £550/mo | 1 | 0.32 miles | OpenRent | | Bedsit, Harcourt Street, NG24 | £375/mo | 1 | 0.35 miles | OpenRent | | 1 Bed Flat, Warwick Brewery, NG24 | £800/mo | 1 | 0.51 miles | OpenRent | **Average rent: £881/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.54% (weak for cashflow) - **Max investor price (0.8%):** £84,375 - **Target investor price (1%):** £67,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £675/mo).* - **Gross yield:** 6.5% - **Cost-to-rent:** 15.4× - **Monthly cashflow:** £90/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 0.1% - **10y growth:** -11.1% ## House Price Index (HM Land Registry) *Official index for Newark and Sherwood; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** 1.1% - **5y growth (index):** 7.6% - **10y growth (index):** 29.3% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)