2 Magnus Street, Newark
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2 Magnus Street, Newark

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We have confidence in this estimated current valuation Updated recently
£266,500
Or £1,732 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Dec 25, 2010
£295,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 2 Magnus Street, Newark, a charming and spacious semi-detached type home with 7 bed in the NG24 1LB area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band D.

This classic property was built 1900-1929 and has a reported internal area of 228 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £266,500 and a rental potential of £1,732 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Dec 25, 2010. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" Fantastic opportunity for a discerning investor to acquire this Victorian semi-detached 'house of multiple occupancy' in a fashionable town centre location with a new five year licence in place, fully forward booked on a term paid in advance basis providing a high rental yield of c. 8% PA. The accommodation is laid over four storeys & currently houses students of the renowned Newark Violin School with seven bedrooms in total, two shower rooms & one bathroom, fitted workshop, dining kitchen, utility & basement with storage & violin maturation chamber facilities. There is gas central heating & it is mostly double-glazed together with a low-maintenance courtyard garden to the rear. The property is sold with NO CHAIN & includes all furnishings.



Access to the property is gained from Magnus Street via the paved frontage through the front entrance door with double glazed fanlight above into the entrance hallway

Entrance hallway

* Tile effect flooring
* Part tongue & groove wood panelled
elevations with Dado rails
* Fire alarm system
* Ceiling mounted smoke detector
* Lighting switch on timer

Part glazed door with single glazed fanlight above into the inner hallway

Inner hallway

* Tile effect flooring
* Part tongue & groove wood panelled
elevations with Dado rails
* Wall mounted BT pay telephone with shelf &
telephone point
* Ceiling mounted smoke detector & pendant
light
* Self-shutting fire door with single glazed
panel above into the rear lobby

Open entranceway with single glazed fanlight above into the main reception hallway

Rear lobby

* Hardwood double doors with single glazed
panels above accessing the rear external
courtyard area
* Single glazed window to side aspect
* Tile effect flooring
* Radiator
* Part glazed French door to the workshop area

Stripped Pine door to dining kitchen

Dining kitchen 16'0" by 12'1" (4m 88cm x 3m 68cm) narrowing to 7'8"

* Free standing dresser units
* Four double storage cupboards
* Two electric cookers
* Radiator
* Quarry tiled floor
* Tongue & groove wood panelled elevations
* Dining table, chairs & settle
* Ceiling pendant light
* Wooden fireplace surround
* Wall mounted extractor fan
* Quarry tiled floor
* Double glazed window to side aspect
* Hatch access to roof space & smoke detector

Open entranceway to utility area

Utility area 9'1" by 8'6" (2m 77cm x 2m 59cm)

* Double sink & drainer unit with
twin mixer taps
* Eco fridge
* Hoover automatic washing machine
* Fridge/freezer
* Base & eye level units
* Wall mounted Feroli gas condensing boiler
providing the domestic hot water & central
heating
* Wall mounted timer controls
* Tiled splashbacks
* Tile effect flooring
* Fluorescent striplight
* Hatch access to roof space
* Single glazed window to side aspect

Stripped Pine door to bathroom

Bathroom

Fitted with a three piece suite, comprising:

* Panelled bath with Essentials electric shower,
curtain & rail
* Part tiling to bath elevations
* Pedestal wash hand basin with tiled
splashback
* Low level flush WC
* Radiator
* Tile effect flooring
* Wall mounted Manrose extractor fan
* Circular light fitting
* Two obscure single glazed windows with roller
blinds to side aspect

Workshop 15'0" by 14'8" (4m 57cm x 4m 47cm) overall maximum measurements

* Eight bench workstations with fitted vices
* Exposed timber floorboards
* Radiator
* Wall shelving
* Moulded cornicing & ceiling rose with
pendant light
* Smoke detector

Door with single glazed panel to the reception hallway

Reception hallway

* Rail & spindle dog-leg staircase rise to first
floor landing
* Dado rail
* Radiator & shelf
* Twin pendant lights on timer switch
* Smoke detector

Stripped Pine door to basement & door to bedroom one

Bedroom one 15'0" by 14'7" (4m 57cm x 4m 44cm) overall maximum measurements

* Tiled fireplace
* Radiator
* Moulded cornicing
* Ceiling mounted smoke detector & pendant
light
* Double glazed window to front aspect

Basement 15'0" by 10'1" (4m 57cm x 3m 7cm) including chimney breast

* Stone steps with hand rail
* Fluorescent striplight & further ceiling light
* Coat hook rack

Fire door accessing the basement workshop & storage area housing:

* Wall mounted gas & electricity meters, RCD
consumer unit & fuse board
* Fluorescent striplight
* Double glazed window
* Door to chamber (7'8" by 3'10") for
violin maturation comprising:
* Ceiling hooks
* Wall light
* Laminate flooring
* Smoke detector
* UV striplights

First floor landing

* Wall mounted trip switch & fuse boards
* Ceiling mounted smoke detector
* Ceiling pendant lights on timer switches
* Dog-leg rail & spindle staircase rise to second
floor landing with Dado rail

Doors to first floor accommodation & stripped Pine door to shower room

Shower room

Fitted with a white three piece suite comprising:

* Fully tiled shower enclosure housing the
Essentials electric shower with sliding screens
* Wall mounted wash hand basin with tiled
splashback
* Close coupled WC
* Wall mounted Baxi gas boiler providing
the domestic hot water & central heating for
upper floors
* Wall mounted Manrose extractor fan
* Circular ceiling light
* Double glazed window to side aspect

Bedroom four 15'1" by 11'9" (4m 60cm x 3m 58cm) overall maximum measurements

* Cast iron fireplace with tiled inset & hearth
* Sloping ceiling to one elevation
* Radiator
* Ceiling mounted smoke detector & circular
light fitting
* Double glazed window to front aspect

Bedroom five 15'0" by 11'8" (4m 57cm x 3m 56cm) overall maximum measurements

* Cast iron fireplace with mantlepiece
* Double storage cupboard
* Radiator
* Wall shelf
* Ceiling mounted smoke detector & circular
light fitting
* Double glazed window with Venetian blind
to rear aspect

Bedroom six 15'1" by 7'0" overall maximum measurements

* Built-in double cupboard housing the hot
water cylinder & immersion heater
* Pedestal wash hand basin with tiled
splashback
* Radiator
* Wall shelf
* Ceiling mounted smoke detector & pendant
light
* Double glazed window to rear aspect

Bedroom seven 15'0" by 7'0"

* Pedestal wash hand basin with tiled
splashback
* Radiator
* Ceiling pendant light & smoke detector
* Double glazed window to front aspect

Second floor landing

* Wall mounted trip switch boards
* Hatch access to roof space
* Ceiling mounted smoke detector & pendant
light on timer switch

Doors to second floor accommodation & stripped Pine door to shower room

Shower room

Fitted with a white three piece suite, comprising:

* Fully tiled shower cubicle housing the
Essentials electric shower
* Wall mounted wash hand basin with tiled
splashback & Santan Wash water heater
* Low level flush WC
* Roof skylight
* Circular light fitting

Bedroom two 19'0" by 15'2" (5m 79cm x 4m 62cm) measured into eaves including partition area

* Built-in cupboard with shelving
* Radiator
* Picture rail
* Ceiling mounted smoke detector & pendant
light
* Wooden fireplace with surround & mantle
* Double glazed window to front aspect

Bedroom three 19'0" by 15'2" (5m 79cm x 4m 62cm) measured into eaves

* Marble fireplace with cast iron inset
* Radiator
* Pedestal wash hand basin with tiled
splashback
* Picture rail
* Moulded cornicing & ceiling rose with pendant
light
* Smoke detector
* Wall shelf
* Double glazed window to front aspect

Outside

The rear courtyard is laid to low maintenance concrete area, outside tap, enclosed by walling, whilst the frontage is laid to paving, enclosed by brick walling & twin brick piers

Local Authority

Newark & Sherwood District Council
Kelham Hall
Kelham
Newark
Nottinghamshire
NG23 5QX
Tel: 01636 650000

Council Tax

You are advised to contact the local authority for details

Agents Notes

Only the fixtures, fittings & other items specifically described in these details are included in the selling price. We have not checked they are fit for purpose nor have we tested any of the services or appliances (e.g. gas, electricity, water, etc.) mentioned. You will need to do these checks and tests yourself if you decide to buy the property. Dimensions are provided as a guide and therefore should not be relied upon and do not form any contract of sale.

These particulars whilst believed to be accurate are set out as a general guideline only and do not constitute any part of offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property.

"

Property Data

Data point Compared to road
Tax band D

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,213 Try Mortgage Tracker
Energy £2,842 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Magnus Church of England Academy
0.2mi
Barnby Road Academy Primary and Nursery school
0.3mi
The William Gladstone Church of England Primary Academy
0.4mi
Newark Orchard School
0.5mi
Mount CofE Primary and Nursery School
0.5mi
Nearby Stations
Newark Northgate Station
0.8mi
Newark Castle Station
0.8mi
Rolleston Station
4.1mi
Fiskerton Station
4.6mi
Collingham Station
5.5mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: High floor area
Very spacious living area
๐Ÿ˜€
Strength: Family-friendly
Enough beds for the whole family
๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 2 Magnus Street, Newark worth?

    2 Magnus Street, Newark is now worth £266,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 2 Magnus Street, Newark - click click here to get a valuation with no strings attached.

  2. What is the rental value of 2 Magnus Street, Newark?

    The current rental valuation for this property is £1,732 per month, within a price range of £1,559 and £1,905.

  3. How many bedrooms does 2 Magnus Street, Newark have?

    This property has 7 bedrooms. Search for nearby properties with 7 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 2 Magnus Street, Newark?

    Nearby schools in include Magnus Church of England Academy, Barnby Road Academy Primary and Nursery school, The William Gladstone Church of England Primary Academy, Newark Orchard School, Mount CofE Primary and Nursery School

    Nearby stations in include Newark Northgate Station, Newark Castle Station, Rolleston Station, Fiskerton Station, Collingham Station.

  5. What type of property is 2 Magnus Street, Newark

    This is a Semi-Detached property. There are 4 other Semi-Detached properties on MAGNUS STREET, and 8 in total.

  6. When was 2 Magnus Street, Newark built? How old is 2 Magnus Street, Newark?

    2 Magnus Street, Newark was was built between 1900-1929.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Nottingham, Nottinghamshire Mansfield, Nottinghamshire Newark, Nottinghamshire Newark, Lincolnshire Southwell, Nottinghamshire