Sold Flat

APARTMENT 4

12 GREEN AVENUE, NEWARK, NOTTINGHAMSHIRE NG24 4FY

2 beds 1 baths 65 m² Listed 25 Mar 2025 (-445d)

£174,000

Reduced on 7 Oct 2025

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Property details

Tenure

LEASEHOLD (995 years remaining on lease)

Floor area

65 m²

Council tax band

A

Last sold

£169,995 Mar 2024

Local average

£118,033 (+47.4%)

Deprivation

Decile 2 (3,938 of 33,755)

Street crime

256 incidents within 1 mile (Apr 2026)

Key features

  • No Upward Chain
  • Two Double Bedrooms
  • Second Floor Apartment - Constructed In 2021
  • Open Plan Living Kitchen Diner
  • Lounge & Dining Area With French Doors & Balcony
  • Shaker Style Kitchen With Integrated Appliances
  • Bathroom With Shower Over Bath
  • Carport With Allocated Parking
  • Secure Intercom Access
  • Immaculate - Walking Distance To Amenities

Additional details

Heating
Gas central
Parking
Allocated
Garden
Private garden

Description

The Property
Two Double Bedrooms - 2nd Floor Apartment - Open Plan Living Kitchen Diner - Secure Entry System - Carport - Communal Garden - No Upward Chain - Walking Distance to Schools & Shops

Perfect for 1st time buyers, professionals or investor landlords

The property is situated on a small development within easy walking distance of historic Newark's market town centre, schools, amenities, local & national transport links, including the East Coast Mainline commutable express rail service to London Kings Cross & The North, together with good access to A46 and A1.



Property Description
This purpose-built second-floor apartment, constructed in 2021, offers modern living with high-spec fixtures and fittings throughout. Designed with both style and practicality in mind, the property benefits from secure intercom access leading into a welcoming entrance hall.

The open-plan living, kitchen, and dining area is fitted with elegant Shaker-style units and integrated appliances, including an oven, hob, fridge freezer, dishwasher, and washer/dryer.

The space is further enhanced by two sets of French doors with Juliet balconies, allowing an abundance of natural light and fresh air to flow through the room.

The apartment features two well-proportioned double bedrooms, one of which also benefits from French doors and a Juliet balcony, creating a bright and airy atmosphere.

The modern bathroom is fitted with a sleek suite, including a shower over the bath, providing both comfort and convenience.

With its contemporary design and high-quality finishes, this apartment presents an excellent opportunity for those seeking stylish and low-maintenance living.

Externally, the property benefits from an allocated parking space within a carport, offering sheltered and secure parking.

A well-maintained communal garden provides additional outdoor space, creating a peaceful setting for residents to enjoy.

With its contemporary design, high-quality finishes, and practical features, this apartment presents an excellent opportunity for those seeking stylish and low-maintenance living.

Offered with no upward chain

Mains water, drainage, gas and electricity are all connected.
Double Glazed.
Gas Central Heating
Leasehold

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/3020

Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Listed by

covering Nottingham

Purplebricks

Reference: 159816821

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

epc

epc

Price history

Event Date Price % change
Sold 28/03/2024 (2 years ago) £169,995

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
1 APARTMENT 1 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £145,000 13/09/2024 Flat
Same street 11 GREEN AVENUE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FY £231,995 08/08/2023 Terraced
Same street 17 GREEN AVENUE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FY £236,995 14/04/2023 Terraced
Same street 19 GREEN AVENUE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FY £240,995 13/04/2023 Semi-detached
1 APARTMENT 4 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £143,995 18/01/2023 Flat
1 APARTMENT 2 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £140,995 18/01/2023 Flat
1 APARTMENT 5 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £142,995 13/01/2023 Flat
1 APARTMENT 3 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £139,995 05/01/2023 Flat
1 APARTMENT 1 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £137,995 21/12/2022 Flat
Same street 10 GREEN AVENUE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FY £268,995 21/10/2022 Detached
1 APARTMENT 6 HALL DRIVE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4GG £152,995 26/09/2022 Flat
1 APARTMENT 1 HALL DRIVE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4GG £157,995 22/09/2022 Flat
1 APARTMENT 4 HALL DRIVE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4GG £154,995 22/09/2022 Flat
1 APARTMENT 2 HALL DRIVE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4GG £159,995 20/09/2022 Flat
1 APARTMENT 5 HALL DRIVE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4GG £156,995 16/09/2022 Flat
Same street 8 GREEN AVENUE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FY £254,995 15/09/2022 Detached
Same street 2 GREEN AVENUE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FY £254,995 15/09/2022 Detached
1 APARTMENT 3 HALL DRIVE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4GG £156,995 15/09/2022 Flat
4 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £139,995 28/07/2022 Flat
3 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £139,995 27/06/2022 Flat
5 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £144,995 27/06/2022 Flat
2 LORD HAWKE WAY, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FH £129,995 17/06/2022 Flat
Same street 4 GREEN AVENUE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FY £339,995 25/04/2022 Detached
Same street 6 GREEN AVENUE, NEWARK, NEWARK AND SHERWOOD, NOTTINGHAMSHIRE, NG24 4FY £249,995 28/01/2022 Detached

Street average: £259,870 (8 sales)

Area average: £146,620 (16 sales)

Capital growth trend

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

5y growth -8.6%
10y growth -21.4%

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

1y (index) -0.8%
5y (index) 5.7%
10y (index) 29.8%

Rental Range

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

Low £710/mo
Realistic £789/mo
Optimistic £868/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

Nearby

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

Type Name Distance
Bus stop Thoresby Avenue 0.1 miles
Hospital Newark Hospital 0.4 miles
Shop Londis 0.4 miles
Shop Tallis Auto Stores Ltd 0.6 miles
Train station Newark Castle 1.3 miles
Train station Newark Northgate 1.3 miles
University Nottingham Trent University - Brackenhurst Campus 6.5 miles
Hospital Welbourn Hall Nursing and Residential Home 10.2 miles

Street-level crime

Category Count
Violence and sexual offences 78
Anti-social behaviour 61
Shoplifting 23
Criminal damage and arson 21
Public order 20
Other crime 12
Other theft 9
Burglary 7
Drugs 6
Possession of weapons 6
Vehicle crime 5
Theft from the person 4
Bicycle theft 2
Robbery 2
Total incidents 256

Within 1 mile during Apr 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
The Sir Donald Bailey Academy Primary 0.3 miles Good — 22 Oct 2014
The King's Church of England Primary Academy Primary 0.4 miles Good — 15 Nov 2023
Magnus Church of England Academy Secondary 0.4 miles Good — 11 Jun 2019
Highfields School Other 0.6 miles (No rating)
Newark Orchard School Other 0.6 miles Good — 14 Jul 2019

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 End Terrace, Milner Street, NG24 £900/mo 2 0.43 miles OpenRent
2 Bed Semi-Detached House, Furrow Close, NG24 £2,285/mo 2 0.56 miles OpenRent
2 Bed Flat, Balderton Gate, NG24 £675/mo 2 0.69 miles OpenRent
2 Bed Detached House, Cromwell Road, NG24 £750/mo 2 0.7 miles OpenRent
2 Bed Terraced House, William Street, NG24 £695/mo 2 0.76 miles OpenRent
2 Bed Terraced House, Albion Street, NG24 £695/mo 2 0.79 miles OpenRent
2 Bed Terraced House, Albert Street, NG24 £850/mo 2 0.8 miles OpenRent
2 Bed Flat, Victoria Street, NG24 £995/mo 2 0.84 miles OpenRent
2 Bed End Terrace, Brittania Court, NG24 £895/mo 2 0.9 miles OpenRent
2 Bed End Terrace, Edward Avenue, NG24 £850/mo 2 0.92 miles OpenRent
2 Bed Terraced House, London Road, NG24 £850/mo 2 0.93 miles OpenRent
2 Bed Maisonette, Appleton Gate, NG24 £575/mo 2 0.96 miles OpenRent
2 Bed Maisonette, Huddlestones Wharf, NG24 £765/mo 2 1.01 miles OpenRent

Average rent: £906/mo (13 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.49%
Max investor price (0.8%) £106,250
Target investor price (1%) £85,000
Gross yield 5.9%
Cost-to-rent ratio 17.1×
Monthly cashflow £55/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 1.3%
  • 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).