
Immaculate Detached Investment Opportunity in Fernwood
Fernwood, Newark, Nottinghamshire, NG24 3FW, United Kingdom
Key Features
- Immaculate detached four-bedroom house located on the very popular second wave of the Fernwood Development in Newark. Modern open plan fitted kitchen with integrated appliances, with adjacent dining area. Double glass doors leads to lounge area, which has a corner fitted log burning stove and double French doors to the rear garden. Separate utility room and downstairs cloakroom. Upstairs is a generous landing with 3 double and 1 single bedroom off, and the family bathroom. Bedroom 1 has an ensuite shower room. All bedrooms include generous built in storage.
About This Property
Located in the flourishing second wave of the Fernwood Development, this stunning four-bedroom detached house presents an excellent investment opportunity. The property boasts a modern open-plan kitchen equipped with integrated appliances and an adjacent dining area. Beautiful double glass doors lead from the dining to the lounge area, featuring a cozy log-burning stove, ideal for winter nights, and double French doors opening to a versatile low-maintenance rear garden. The upper floor offers a generous landing from which all bedrooms are accessed, accommodating 3 spacious double bedrooms, one with an ensuite, and an additional fourth single bedroom perfect for an office space. Each room includes ample built-in storage, offering enhanced adaptability for prospective buyers or tenants. Further enhancing its investment value, the property features a drive-through carport with potential for further development (subject to STPP). The enclosed rear garden features mature shrubs and a spacious brick-built garage. With its proximity to Newark's local amenities, schools, and transport links via the A1, A46, and nearby train stations, this is a must-view for investors seeking strong appreciation potential.
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Your mortgage
Monthly payment
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | £11,200 | £0 | £268,800 |
| 2 | £11,200 | £0 | £257,600 |
| 3 | £11,200 | £0 | £246,400 |
| 4 | £11,200 | £0 | £235,200 |
| 5 | £11,200 | £0 | £224,000 |
| 6 | £11,200 | £0 | £212,800 |
| 7 | £11,200 | £0 | £201,600 |
| 8 | £11,200 | £0 | £190,400 |
| 9 | £11,200 | £0 | £179,200 |
| 10 | £11,200 | £0 | £168,000 |
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