3 Bed Terraced House, Single Let, Norwich, NR1 2AT, £500,000

Bracondale, Norwich, NR1 2AT - a year ago

BTL
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£140K - £425K
Sold Prices/m²£1.9K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£277,319

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£153,700

 

 

Cash Out

 

Rent Range

£995 - £2,400

Rent Estimate

£995

Running Costs/mo

£1,782

Cashflow/mo

£-786

Cashflow/yr

£-9,438

Gross Yield

2%

Local Sold Prices

50 sold prices from £140K to £425K, average is £263.5K. £1.9K/m² to £4.2K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£250K12/200.12 mi288, King Street, Norwich, Norfolk NR1 2BL3
£220K08/230.12 mi278, King Street, Norwich, Norfolk NR1 2BL3
£284K01/240.12 mi288, King Street, Norwich, Norfolk NR1 2BL3
£244.5K07/230.12 mi17, Geoffrey Road, Norwich, Norfolk NR1 3BN3
£230K01/230.13 mi5, Alan Road, Norwich, Norfolk NR1 2BX3
£195K03/240.14 mi17, Carshalton Road, Norwich, Norfolk NR1 3BW3
£222.5K02/230.17 mi16, Doman Road, Norwich, Norfolk NR1 3AW3
£370K02/210.17 mi3, Churston Close, Norwich, Norfolk NR1 2BD3
£295K12/200.17 mi41, Cricket Ground Road, Norwich, Norfolk NR1 3BE3
£290K03/210.18 mi1, Bellville Crescent, Norwich, Norfolk NR1 3AR3
£237.5K07/210.19 mi36, Carlyle Road, Norwich, Norfolk NR1 3AB3
£295K09/210.2 mi33, Cricket Ground Road, Norwich, Norfolk NR1 3BA3
£280K10/230.2 mi31, City Road, Norwich, Norfolk NR1 3AJ3
£255K01/210.22 mi11, Cricket Ground Road, Norwich, Norfolk NR1 3AZ3
£425K04/210.22 mi71, City Road, Norwich, Norfolk NR1 3AS3
£210K03/210.23 mi4, Argyle Street, Norwich, Norfolk NR1 2DA3
£140K10/200.23 mi6, Kensington Place, Norwich, Norfolk NR1 3JE3
£370K02/210.25 mi2, Smithfield Road, Norwich, Norfolk NR1 2HN3
£273.5K08/210.25 mi14, Smithfield Road, Norwich, Norfolk NR1 2HN3
£307K07/230.25 mi12, Smithfield Road, Norwich, Norfolk NR1 2HN3
£260K01/230.25 mi37, Cyprus Street, Norwich, Norfolk NR1 3AX3
£290K03/210.29 mi2, Harford Street, Norwich, Norfolk NR1 3AY3
£266K10/200.29 mi1, Harford Street, Norwich, Norfolk NR1 3AY3
£290K03/210.29 mi2, Harford Street, Norwich, Norfolk NR1 3AY3
£194K01/230.29 mi36, Harford Street, Norwich, Norfolk NR1 3AY3
£212K11/200.29 mi34, Hall Road, Norwich, Norfolk NR1 3HL3
£335K12/230.32 mi28, Meadowbrook Close, Norwich, Norfolk NR1 2HJ3
£335K07/230.32 mi3, Meadowbrook Close, Norwich, Norfolk NR1 2HJ3
£325K01/210.32 mi5, Meadowbrook Close, Norwich, Norfolk NR1 2HJ3
£331K05/210.32 mi20, Meadowbrook Close, Norwich, Norfolk NR1 2HJ3
£285K06/230.32 mi98, Hall Road, Norwich, Norfolk NR1 3HP3
£282.5K02/210.34 mi13, Stratford Drive, Norwich, Norfolk NR1 2EY3
£200K02/240.34 mi7, Stratford Drive, Norwich, Norfolk NR1 2EY3
£330K10/200.34 mi90, City Road, Norwich, Norfolk NR1 2HG3
£228K06/230.34 mi2, Gordon Square, Norwich, Norfolk NR1 3HJ3
£390K12/210.35 mi37, Wherry Road, Norwich, Norfolk NR1 1WS3
£380K02/210.35 mi40, Wherry Road, Norwich, Norfolk NR1 1WS3
£258K07/210.37 mi136, Hall Road, Norwich, Norfolk NR1 2PU3
£265K11/220.37 mi19, Kerrison Road, Norwich, Norfolk NR1 1JB3
£285K11/220.38 mi11, Kerrison Road, Norwich, Norfolk NR1 1JB3
£285K10/230.38 mi71, Carrow Road, Norwich, Norfolk NR1 1HS3
£228K12/230.38 mi43, Carrow Road, Norwich, Norfolk NR1 1HS3
£232.5K07/210.38 mi69, Carrow Road, Norwich, Norfolk NR1 1HS3
£262K12/220.39 mi33, Lindley Street, Norwich, Norfolk NR1 2HF3
£255K03/210.39 mi8, Lindley Street, Norwich, Norfolk NR1 2HF3
£226K03/210.4 mi4, Sunny Hill, Norwich, Norfolk NR1 2ES3
£240K03/210.41 mi17, Hughenden Road, Norwich, Norfolk NR1 2PX3
£240K02/210.41 mi14, Hughenden Road, Norwich, Norfolk NR1 2PX3
£225K07/210.41 mi47, Hughenden Road, Norwich, Norfolk NR1 2PX3
£173K04/230.42 mi58, Netherwood Green, Norwich, Norfolk NR1 2JG3

Local Rents

24 rents from £995/mo to £2.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25012/240.12 miCricket Ground Road, Norwich3
£1,29512/240.13 miAlan Road, Norwich3
£99506/240.14 miStuart Road, Norwich3
£1,50001/240.18 mi-3
£2,40012/240.19 miKing Street, Norwich3
£1,65012/240.19 miCarlyle Road, Norwich, Norfolk, NR13
£1,89506/240.21 miGeoffrey Watling Way, Norwich, NR13
£1,05006/240.23 miArgyle Street, Norwich, NR13
£1,90012/240.24 miRobinson Bank, NR1 1GG3
£1,60006/240.26 miGeoffrey Watling Way, Norwich NR13
£1,00006/240.29 miNormandie Tower, Norwich, 3
£1,00012/240.29 miNormandie Tower, Rouen Road, Norwich3
£1,09005/240.32 mi-3
£1,30006/240.41 miWherry Road, NORWICH3
£1,35006/240.44 miCarrow Road, Norwich, NR13
£1,50006/240.46 miBracondale Millgate, Norwich, Norfolk, NR13
£1,35012/240.48 miKing Street, NORWICH3
£1,25004/250.54 mi-3
£1,40012/240.55 miCedar Road, NORWICH3
£99512/240.55 miCarrow Road, Norwich3
£1,49512/240.56 miAll Saints Green, Norwich, Norfolk, NR13
£1,19512/240.56 miCedar Road, Norwich, NR13
£1,10006/240.59 miLong John Hill, Norwich3
£1,10012/240.59 miLong John Hill, Norwich3

Local Area Statistics

Population in NR1

24,540

Population in Norwich

366,887

Town centre distance

1.57 miles away

Nearest school

0.30 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £500,000

May 13, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Grade II listed building in a conservation area +
  • 17 ft garage +
  • Well landscaped enclosed garden +
  • Walking distance to the city centre and train station +
  • Perfect family home +
  • Georgian features throughout +

SUMMARY
THIS STUNNING THREE BEDROOM, HALL ENTRANCE GEORGIAN TERRACE PROPERTY is situated in the popular NR1 postcode, just a short walk from Norwich city centre that is being sold with the added benefit of NO ONWARD CHAIN!! Viewings are highly recommended to fully appreciate this Georgian property!!!

DESCRIPTION
THIS STUNNING THREE BEDROOM, HALL ENTRANCE GEORGIAN TERRACE PROPERTY is situated in the popular NR1 postcode, just a short walk from Norwich city centre. The property would make a fantastic family home and benefits from a well landscaped enclosed garden and a 17 ft garage. The property has many original features and is being sold with the added benefit of NO ONWARD CHAIN!

Accommodation comprises of entrance hall, lounge, dining room, third reception room and kitchen to the ground floor. In the basement, there is a further reception room with the possibility of making an office or living space and on the first floor there is three bedrooms off-landing with the family bathroom. To the front, there is a path to the front door with lawned area and mature shrubs and fruit trees. To the rear, there is a fully enclosed garden mainly laid to lawn with mature flowerbeds, 17 ft garage, outside toilet and brick storage.

Viewings are highly recommended to fully appreciate this Georgian property!!

Entrance Hall 
Door to front, tiled flooring and radiator.

Lounge 13' 10" x 11' 9" ( 4.22m x 3.58m )
Sash window to front, wooden flooring, radiator and open fire.

Dining Room 12' 1" x 11' 10" ( 3.68m x 3.61m )
Sash window to rear, radiator and original fire.

Third Reception Room 12' x 8' 2" ( 3.66m x 2.49m )
Window to side, carpeted floor and radiator.

Kitchen 12' 10" x 8' 2" ( 3.91m x 2.49m )
Two double glazed window to rear, tiled flooring, sink, integrated washing machine, wall base units, work surfaces, gas oven, gas hob, extractor fan and door to garden.

Basement 

Basement Reception Room 12' 7" x 11' 9" ( 3.84m x 3.58m )
Window to front, tiled flooring, radiator, boiler and walk in wardrobe.

First Floor Landing 
Airing cupboard, wooden flooring and loft access.

Bedroom One 12' 8" x 10' 2" ( 3.86m x 3.10m )
Double glazed window to front, carpeted floor, original fire and storage cupboard.

Bedroom Two 10' 10" x 10' 2" ( 3.30m x 3.10m )
Window to rear, radiator, original fire and storage cupboard.

Bedroom Three 9' 3" x 6' 11" ( 2.82m x 2.11m )
Window to front, radiator and carpeted floor.

Bathroom 
Window to side, stainless glass window, bidet, wash hand basin, W/C, tiled flooring with underfloor heating and shower cubicle.

Exterior 
To the front, there's a path to front door with lawned area and mature shrubs.

To the rear, there's a fully enclosed well landscaped garden with path, lawned area, mature flowerbeds, shrubs, outside toilet and brick storage.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Norwich

01603 361933

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪