# 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 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 82 m² |
| Last sold | £77,000 Aug 2003 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 23/01/2034
- **Current heating cost:** £817/year
- **Est. upgrade cost to C:** £18,500

### Recommendations
- Q (£4,000 - £14,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4400-3143-0922-3323-3943)

## 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)
- ![Photo](/listings/photos/22336897/1647414)
- ![Photo](/listings/photos/22336897/1647416)
- ![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).*

## Price per Square Metre

- **£/m²:** £853/m²

## Capital growth trend

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

- **5y growth:** 12.1%
- **10y growth:** 32.1%

## 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)