Sold Terraced

27 SLEAFORD ROAD

NEWARK, NEWARK, NOTTINGHAMSHIRE NG24 1NF

2 beds 82 m² Listed 2 Jun 2009 (-6270d)

£69,950

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# 2 bedroom terraced house for sale (NG24 1NF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 27 SLEAFORD ROAD, NEWARK, NEWARK, NOTTINGHAMSHIRE NG24 1NF |
| Price | £69,950 |
| Bedrooms | 2 |
| Last sold | £77,000 Aug 2003 |

## Description

A good investment opportunity to purchase a two bedroom mid terrace house requiring general updating and modernisation situated close to Newark town.  In brief living accommodation comprises a lounge, dining room and a kitchen.  The first floor landing leads to two bedrooms and a bathroom off the second bedroom.  Outside there is a small walled front garden and a lawned rear garden.  The property is available with no chain.   Newark has become an increasingly popular place to live. Undoubtedly the Georgian Market Square, the 12th Century castle and the wonderful riverside areas with a variety of restaurants are attractive parts of the town, both for locals and for tourists. Industry and commerce have expanded tremendously during the last few years. Road communications are good with the A1 bypassing the town and intersecting with the A46.  Many commute from the area to Lincoln and Nottingham. Fast GNER trains are capable of journey times between Newark Northgate and London Kings Cross in approximately 90 minutes.

## Property Photos

- ![Photo](/listings/photos/22336897/1647412)
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- ![Photo](/listings/photos/22336897/1647418)
- ![Photo](/listings/photos/22336897/1647419)
- ![Photo](/listings/photos/22336897/1647420)
- ![Photo](/listings/photos/22336897/1647421)
- ![Photo](/listings/photos/22336897/1647422)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 SLEAFORD ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NF | £77,000 | 22/08/2003 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 MASSEY COURT, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1TR | £270,000 | 07/11/2025 | Terraced |
| 19 SLEAFORD ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NL | £80,000 | 15/07/2025 | Terraced |
| 15 WELLINGTON ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NJ | £375,000 | 09/07/2025 | Terraced |
| 24 KINGSNORTH CLOSE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1PS | £185,000 | 17/11/2023 | Terraced |
| 19 LAWRENCE PLACE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NA | £125,000 | 12/10/2023 | Terraced |
| 79 SLEAFORD ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NG | £95,000 | 20/06/2023 | Terraced |
| 3 FRIARY MEWS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LF | £154,000 | 27/03/2023 | Terraced |
| 21 BEACON TERRACE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LG | £150,000 | 01/12/2022 | Terraced |
| 26 CROSS STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NZ | £135,000 | 30/11/2022 | Terraced |
| 82 APPLETON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LR | £250,000 | 28/10/2022 | Terraced |
| 5 LAWRENCE STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NE | £190,000 | 13/10/2022 | Terraced |
| 13 LINDUM STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NH | £166,000 | 23/09/2022 | Terraced |
| 2 FRIARY ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LE | £180,000 | 26/08/2022 | Terraced |
| 12 SYDNEY STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LX | £160,000 | 24/08/2022 | Terraced |
| 68 SLEAFORD ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NQ | £140,000 | 16/08/2022 | Terraced |
| 4 THE CROSSINGS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1TY | £190,000 | 05/08/2022 | Terraced |
| 8 FRIARY ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LE | £180,000 | 21/06/2022 | Terraced |
| 9 WELLINGTON ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NJ | £470,000 | 06/06/2022 | Terraced |
| 19 LINDUM STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NH | £135,000 | 30/05/2022 | Terraced |
| 7 ESTHER VARNEY PLACE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1FU | £97,500 | 13/05/2022 | Terraced |

**Area average:** £186,375 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £148,221 (58 Terraced, NG24, 2024–2026)
- **Deviation:** -52.8%

## Rental Range

*ONS Price Index of Private Rents (Newark and Sherwood). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £724/mo
- **Realistic:** £804/mo
- **Optimistic:** £884/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Grantham & Newark (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £573/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 |
|------|------|------|------|------|
| 2 Bed Flat, Sleaford Road, NG24 | £700/mo | 2 | 0.01 miles | OpenRent |
| 2 Bed Terraced House, William Street, NG24 | £695/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Semi-Detached House, Gresham Close, NG24 | £845/mo | 2 | 1.04 miles | OpenRent |

**Average rent: £747/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 1% (strong)
- **Max investor price (0.8%):** £87,500
- **Target investor price (1%):** £70,000

*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 £700/mo).*

- **Gross yield:** 12%
- **Cost-to-rent:** 8.3×
- **Monthly cashflow:** £330/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 19.5%

*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:** 12.1%
- **10y growth:** 30.7%

## House Price Index (HM Land Registry)

*Official index for Newark and Sherwood; Terraced series; as of April 2026.*

- **1y growth (index):** 6.4%
- **5y growth (index):** 20.6%
- **10y growth (index):** 48.1%

## 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)

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Property details

Floor area

82 m²

Last sold

£77,000 Aug 2003

Local average

£148,221 (-52.8%)

Deprivation

Decile 4 (12,838 of 33,755)

Street crime

319 incidents within 1 mile (May 2026)

Key features

Mid Terrace House
Two Double Bedrooms
Two Reception Rooms
Requires Updating
Close To Newark Town
Close To Good Amenities
First Floor Bathroom
Good Investment Purchase

Additional details

Garden: Yes

Description

A good investment opportunity to purchase a two bedroom mid terrace house requiring general updating and modernisation situated close to Newark town. In brief living accommodation comprises a lounge, dining room and a kitchen. The first floor landing leads to two bedrooms and a bathroom off the second bedroom. Outside there is a small walled front garden and a lawned rear garden. The property is available with no chain. Newark has become an increasingly popular place to live. Undoubtedly the Georgian Market Square, the 12th Century castle and the wonderful riverside areas with a variety of restaurants are attractive parts of the town, both for locals and for tourists. Industry and commerce have expanded tremendously during the last few years. Road communications are good with the A1 bypassing the town and intersecting with the A46. Many commute from the area to Lincoln and Nottingham. Fast GNER trains are capable of journey times between Newark Northgate and London Kings Cross in approximately 90 minutes.

Listed by

Newark

Richard Watkinson & Partners

Reference: 22336897

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	22/08/2003 (22 years ago)	£77,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
12 MASSEY COURT, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1TR	£270,000	07/11/2025	Terraced
19 SLEAFORD ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NL	£80,000	15/07/2025	Terraced
15 WELLINGTON ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NJ	£375,000	09/07/2025	Terraced
24 KINGSNORTH CLOSE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1PS	£185,000	17/11/2023	Terraced
19 LAWRENCE PLACE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NA	£125,000	12/10/2023	Terraced
79 SLEAFORD ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NG	£95,000	20/06/2023	Terraced
3 FRIARY MEWS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LF	£154,000	27/03/2023	Terraced
21 BEACON TERRACE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LG	£150,000	01/12/2022	Terraced
26 CROSS STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NZ	£135,000	30/11/2022	Terraced
82 APPLETON GATE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LR	£250,000	28/10/2022	Terraced
5 LAWRENCE STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NE	£190,000	13/10/2022	Terraced
13 LINDUM STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NH	£166,000	23/09/2022	Terraced
2 FRIARY ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LE	£180,000	26/08/2022	Terraced
12 SYDNEY STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LX	£160,000	24/08/2022	Terraced
68 SLEAFORD ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NQ	£140,000	16/08/2022	Terraced
4 THE CROSSINGS, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1TY	£190,000	05/08/2022	Terraced
8 FRIARY ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1LE	£180,000	21/06/2022	Terraced
9 WELLINGTON ROAD, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NJ	£470,000	06/06/2022	Terraced
19 LINDUM STREET, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1NH	£135,000	30/05/2022	Terraced
7 ESTHER VARNEY PLACE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 1FU	£97,500	13/05/2022	Terraced

Area average: £186,375 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 12.1%

10y growth 30.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Newark and Sherwood. Series: Terraced. As of April 2026.

1y (index) 6.4%

5y (index) 20.6%

10y (index) 48.1%

Rental Range

Estimated market rent for Newark and Sherwood. Low = conservative, Realistic = average, Optimistic = best case.

Low £724/mo

Realistic £804/mo

Optimistic £884/mo

Based on Local Authority from postcode lookup → Newark and Sherwood.

LHA (30th percentile) floor for Grantham & Newark: £573/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NG24 1NF

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Maximal Shop	0.0 miles
Shop	One Stop	0.0 miles
Bus stop	Lindum Street	0.1 miles
Bus stop	College	0.1 miles
Train station	Newark Northgate	0.3 miles
Train station	Newark Castle	0.5 miles
Hospital	Newark Hospital	0.7 miles
University	Nottingham Trent University - Brackenhurst Campus	6.7 miles
Hospital	Welbourn Hall Nursing and Residential Home	10.1 miles

Street-level crime

Category	Count
Violence and sexual offences	95
Shoplifting	79
Anti-social behaviour	29
Criminal damage and arson	28
Public order	18
Burglary	14
Other crime	13
Vehicle crime	10
Other theft	9
Bicycle theft	5
Drugs	5
Possession of weapons	5
Robbery	5
Theft from the person	4
Total incidents	319

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Lovers Lane Primary and Nursery School	Primary	0.3 miles	Requires improvement — 28 Jun 2023
Mount CofE Primary School	Primary	0.3 miles	Good — 18 Jan 2014
Barnby Road Academy Primary and Nursery school	Primary	0.5 miles	Good — 21 Dec 2023
Magnus Church of England Academy	Secondary	0.6 miles	Good — 11 Jun 2019
Christ Church C of E Primary School	Primary	0.7 miles	Good — 10 Nov 2022

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
2 Bed Flat, Sleaford Road, NG24	£700/mo	2	0.01 miles	OpenRent
2 Bed Terraced House, William Street, NG24	£695/mo	2	0.24 miles	OpenRent
2 Bed Semi-Detached House, Gresham Close, NG24	£845/mo	2	1.04 miles	OpenRent

Average rent: £747/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1%

Max investor price (0.8%) £87,500

Target investor price (1%) £70,000

Gross yield 12%

Cost-to-rent ratio 8.3×

Monthly cashflow £330/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 19.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).