3 Bed Terraced House, Single Let, Norwich, NR2 1GG, £425,000

The Old Barley Market, Norwich, NR2 1GG - a year ago

Sold STC
BTL
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£156K - £630K
Sold Prices/m²£2.2K/m² - £5.8K/m²

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£343,996

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,050 - £2,500

Rent Estimate

£1,200

Running Costs/mo

£1,588

Cashflow/mo

£-388

Cashflow/yr

£-4,656

Gross Yield

3%

Local Sold Prices

49 sold prices from £156K to £630K, average is £391.3K. £2.2K/m² to £5.8K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£383K03/210.01 mi4, The Old Barley Market, Norwich, Norfolk NR2 1GG3
£427.5K04/220.05 mi33, St Giles Street, Norwich, Norfolk NR2 1JN3
£575K07/230.06 mi6b, Fishers Lane, Norwich, Norfolk NR2 1ET3
£278K01/240.13 mi8, Chapelfield North, Norwich, Norfolk NR2 1NY3
£275K12/220.18 mi7, Cleveland Road, Norwich, Norfolk NR2 1NZ3
£425K03/240.18 mi18, Cow Hill, Norwich, Norfolk NR2 1HD3
£425.3K09/210.19 mi9, Anchor Quay, Norwich, Norfolk NR3 3PR3
£300K03/230.19 mi11, Anchor Quay, Norwich, Norfolk NR3 3PR3
£425.3K09/210.19 mi9, Anchor Quay, Norwich, Norfolk NR3 3PR3
£520K09/210.19 mi2, Ten Bell Lane, Norwich, Norfolk NR2 1HE3
£285K07/210.2 mi1, Damocles Court, Norwich, Norfolk NR2 1HN3
£365K01/210.26 mi32, St Georges Street, Norwich, Norfolk NR3 1BA3
£245K02/210.28 mi4, Lion And Castle Yard, Norwich, Norfolk NR1 3JT3
£180K12/230.29 mi38, Globe Place, Norwich, Norfolk NR2 2SQ3
£440K11/220.32 mi15, St Stephens Square, Norwich, Norfolk NR1 3SS3
£370K09/210.33 mi8, Valentine Street, Norwich, Norfolk NR2 4BA3
£295K11/230.33 mi57, Duke Street, Norwich, Norfolk NR3 3AP3
£290K11/200.34 mi18, St Michael At Pleas, Norwich, Norfolk NR3 1EP3
£475K05/210.34 mi15, Friars Quay, Norwich, Norfolk NR3 1ES3
£415K03/210.34 mi31, Friars Quay, Norwich, Norfolk NR3 1ES3
£425K03/210.34 mi30, Friars Quay, Norwich, Norfolk NR3 1ES3
£500K12/220.34 mi24, Princes Street, Norwich, Norfolk NR3 1AE3
£500K02/210.35 mi25, St Stephens Square, Norwich, Norfolk NR1 3SS3
£400K06/220.38 mi9, Roaches Court, Norwich, Norfolk NR3 1HJ3
£410K09/210.38 mi15, Ampthill Street, Norwich, Norfolk NR2 2RG3
£327K12/200.38 mi31, Ampthill Street, Norwich, Norfolk NR2 2RG3
£275K10/230.38 mi21, Ampthill Street, Norwich, Norfolk NR2 2RG3
£235K10/200.38 mi7, Raglan Street, Norwich, Norfolk NR2 4PJ3
£257.5K01/210.38 mi79, Duke Street, Norwich, Norfolk NR3 1DL3
£340K07/210.4 mi16, Calvert Street, Norwich, Norfolk NR3 1BY3
£305K03/210.4 mi14, Calvert Street, Norwich, Norfolk NR3 1BY3
£475K12/220.41 mi8, Victoria Street, Norwich, Norfolk NR1 3QX3
£400K06/210.41 mi6, Oxford Street, Norwich, Norfolk NR2 2RL3
£392.5K06/210.42 mi8, Victoria Street, Norwich, Norfolk NR1 3QX3
£556K10/230.43 mi4, Heigham Grove, Norwich, Norfolk NR2 3DQ3
£340K07/210.43 mi16, Calvert Street, Norwich, Norfolk NR3 1BY3
£472.5K05/210.43 mi60, Clarendon Road, Norwich, Norfolk NR2 2PW3
£156K05/210.44 mi18, Canterbury Place, Norwich, Norfolk NR2 4QJ3
£557K11/230.44 mi62a, Unthank Road, Norwich, Norfolk NR2 2RN3
£347K12/230.44 mi36, Sarah West Close, Norwich, Norfolk NR2 2TE3
£460K12/200.47 mi16, Grosvenor Road, Norwich, Norfolk NR2 2PY3
£425K08/210.47 mi13, Wood Street, Norwich, Norfolk NR1 3RD3
£391.3K10/200.47 mi16, Wood Street, Norwich, Norfolk NR1 3RD3
£405K04/210.47 mi27, Essex Street, Norwich, Norfolk NR2 2BL3
£630K01/240.47 mi4, Essex Street, Norwich, Norfolk NR2 2BL3
£297K06/210.48 mi37, Earlham Road, Norwich, Norfolk NR2 3AD3
£262.8K09/220.48 mi10, Mancroft Walk, Norwich, Norfolk NR2 4QZ3
£375K06/210.49 mi50, Trinity Street, Norwich, Norfolk NR2 2BH3
£245K01/240.49 mi45, Trinity Street, Norwich, Norfolk NR2 2BH3

Local Rents

50 rents from £1.1K/mo to £2.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25007/240.01 miThe Old Barley Market, Norwich, NR23
£1,25007/240.01 miThe Old Barley Market, Norwich, NR23
£1,79507/240.08 miSt. Giles Street, Norwich, NR23
£1,05007/240.15 miNorwich3
£1,39506/240.19 miAnchor Quay, Norwich, Norfolk, NR33
£1,50006/240.2 miSt Benedicts Street, Norwich, NR23
£1,47506/240.2 mi-3
£1,47506/240.2 miDamocles Court, Norwich, NR23
£1,20007/240.22 miDukes Court, Wellington Lane, Norwich, NR23
£1,20003/240.22 miDukes Court, Wellington Lane, Norwich, NR23
£1,40003/250.23 mi-3
£1,30004/250.24 mi-3
£1,50007/240.29 miUnion Street, Fellowes Plain, Norwich3
£2,20006/240.3 miRedwell Street, Norwich3
£2,50007/240.3 miRedwell Street, Norwich3
£1,30002/240.31 mi-3
£1,40009/240.31 mi-3
£1,45006/240.35 miNew Mills Yard, Norwich3
£1,25006/240.37 miAlms Lane, Norwich, NR3 1EX3
£1,30006/240.38 mi-3
£1,49512/240.38 miAll Saints Green, Norwich, Norfolk, NR13
£1,55002/250.39 mi-3
£1,65007/240.4 miOpposite the Cathedral, Norwich, NR33
£1,80006/240.4 miKenneth Mckee Plain, Norwich, Norfolk3
£1,35007/240.44 miPigg Lane, NORWICH3
£1,35008/240.44 miPigg Lane, Norwich3
£1,40003/240.44 miNeville Street, Norwich, Norfolk, NR23
£1,80011/240.44 mi-3
£1,20006/240.47 miEssex Street, Norwich NR2 2BL3
£1,20008/240.47 miThe Great Hall, Oak Street, NR33
£1,65006/240.49 miCity Centre, Norwich, NR23
£1,40006/240.49 miOak Street, Norwich3
£1,50002/250.49 mi-3
£1,40006/240.5 miBrunswick Road, Norwich3
£1,50007/240.5 miBrunswick Road, Fellowes Plain, Norwich3
£1,20008/240.5 miNorwich3
£2,00006/240.51 miCity Centre, NR13
£1,35012/240.51 miKing Street, NORWICH3
£1,26007/240.52 miDerby Street3
£1,47506/240.52 miBrunswick Road, Norwich, NR23
£1,15006/240.52 miThe Shrublands, Norwich, Norfolk, NR23
£1,30002/250.53 mi-3
£1,50003/240.53 miHeigham Cottage, Brunswick Road, Norwich NR2 2HA3
£1,25003/240.54 miNewmarket Street, Norwich, NR2 2DW3
£1,20006/240.54 miDereham Road, Norwich, NR23
£1,40006/240.56 miGrove Avenue, Norwich, 3
£1,20006/240.57 miYork Street, NORWICH3
£1,30006/240.57 miGrove Avenue, Norwich, NR13
£1,30008/240.58 miHeigham Road, Norwich, NR2 3AU3
£2,00008/240.59 miCambridge Street, Norwich, NR23

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

0.78 miles away

Nearest school

0.30 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £425,000

February 19, 2024

Sold for £324,000

2018

Sold for £225,000

2002

Floor Plans

Description

  • Gated Development +
  • Three-Storey Townhouse +
  • Spacious Lounge/Diner +
  • Fitted Kitchen +
  • Three Bedrooms +
  • En-Suite & Bathroom +
  • Gas Central Heating & Double Glazing +
  • Secure Garage +

Experience urban luxury in this three-storey townhouse nestled in the heart of Norwich City centre within a gated development. Enjoy the tranquility of a peaceful location just moments away from the vibrant City life. The accommodation features a welcoming hall with a cloakroom, a first floor boasting a spacious lounge/diner and a fitted kitchen. The second floor offers two bedrooms, plus a bathroom, and en-suite to bedroom two. The entire third floor is dedicated to the master bedroom, providing a private retreat. With the added comforts of gas heating, double glazing, and a secure garage for parking, this property harmoniously blends City living with modern convenience.

Located in the heart of the City centre and within walking distance of all amenities (including The Forum, Theatre Royal, shops, and restaurants) which this vibrant City has to offer. Norwich is the capital of East Anglia, a vibrant University town, steeped in history with attractive developments from the Middle Ages through to the present day and an abundance of green spaces in and around the City. Norwich is one of the Top 10 shopping destinations in the UK and has a continental feel, with outdoor coffee shops, dining, and entertainment. The local area is surrounded by attractive countryside, waterways, and coastline, popular with international tourists. There are three schools (good and outstanding), both state and private, within a 10-15-minute walk, together with good local shopping facilities. The region has very good national and international travel links, with three easy to reach airports and two seaports.

Storm Porch
Iintegral store shed and front door to:-

Entrance Hall
Double storage cupboard, staircase to the first floor with understairs storage cupboard, door to the garage.

Cloakroom
Low level WC, wash basin, tiled splashback, tiled floor, extractor fan.

First Floor Landing
Staircase to the second floor, doors to lounge, diner and kitchen.

Lounge/Diner - 19'1" (5.82m) x 14'2" (4.32m)
Two double glazed windows to the front, spotlights.

Kitchen - 11'1" (3.38m) x 6'10" (2.08m)
Fitted with a range of base and wall units, work surfaces, inset, single sink and drainer with mixer taps over, tiled splashbacks, inset four ring induction hob with extractor hood over, electric oven and grill, integrated dishwasher, fridge, freezer and washer/dryer, tiled floor, spotlights.

Second Floor Landing
Staircase to the third floor, doors to bedrooms two, three and bathroom.

Bedroom 2 - 13'6" (4.11m) x 9'4" (2.84m)
Double glazed window to the rear, built in wardrobes and built-in cupboard, door to:-

En-Suite Shower Room
Three peice suite comprising shower cubicle, low level, WC, wash basin, extractor fan, tilled splashbacks, tilled floor, spotlights.

Bedroom 3 - 9'3" (2.82m) Plus Recess x 8'1" (2.46m)
Double glazed window to the front, built in wardrobes.

Bathroom
Panelled bath, low level WC, wash basin, extractor fan, half tilled walls, tiled floor, spotlights.

Third Floor Landing
Double glazed velux window to the rear, door to:-

Bedroom 1 - 12'1" (3.68m) x 19'1" (5.82m)
15`10" (4.83m) x 19`1" (5.82m to 12`12 (3.68m) min. Double glazed window to the front, double glazed velox window to the rear.

Outside
Access off Bethel Street with double remote control gates lead into the Old Barley Market. A communal drive gives access to the integral single garage with electric remote control door, power and light and an electric car charging point.

Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.

Agent Details

Pymm & Co, Norwich

01603 361642

Next Steps?

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