2 Bed Flat, Single Let, Norwich, NR2 4DY, £160,000

66 Dolphin Grove, Norwich, Norfolk, NR2 4DY - 2 views - 9 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~67 m²
+9 photos

ValuationOvervalued

Sold Prices£106.5K - £228K
Sold Prices/m²£1.7K/m² - £3.4K/m²

 

 

Square Metres

~67.10 m²
Price/m²£2.4K/m²

Value Estimate

£156,200

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£795 - £2,850

Rent Estimate

£875

Running Costs/mo

£695

Cashflow/mo

£180

Cashflow/yr

£2,160

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £106.5K to £228K, average is £142.5K. £1.7K/m² to £3.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£132.5K01/210.01 mi72, Dolphin Grove, Norwich, Norfolk NR2 4DY2
£132K12/200.03 mi5, Dolphin Grove, Norwich, Norfolk NR2 4DZ2
£130K11/230.03 mi19, Dolphin Grove, Norwich, Norfolk NR2 4DZ2
£170K12/220.03 mi10, Dolphin Grove, Norwich, Norfolk NR2 4DZ2
£153K07/230.05 mi46, Watson Grove, Norwich, Norfolk NR2 4LF2
£135K12/200.12 mi5, Goodman Square, Norwich, Norfolk NR2 4LA2
£143.8K02/230.12 mi13, Goodman Square, Norwich, Norfolk NR2 4LA2
£130K01/230.12 mi10, Goodman Square, Norwich, Norfolk NR2 4LA2
£170K01/230.12 mi7c, St Bartholomews Close, Norwich, Norfolk NR2 4DX2
£138K12/200.13 mi129, Old Palace Road, Norwich, Norfolk NR2 4JW2
£135K03/210.14 mi110, Old Palace Road, Norwich, Norfolk NR2 4JA2
£135K03/210.16 mi110, Old Palace Road, Norwich, Norfolk NR2 4JA2
£160K03/230.16 mi8, Clifton Close, Norwich, Norfolk NR2 4JN2
£154K07/230.16 mi16, Clifton Close, Norwich, Norfolk NR2 4JN2
£142K01/210.16 mi19, Clifton Close, Norwich, Norfolk NR2 4JN2
£210K03/210.17 mi1, Church Close, Norwich, Norfolk NR2 4EF2
£151K09/230.19 mi95, Clifton Street, Norwich, Norfolk NR2 4NE2
£153K03/240.19 mi21, Clifton Street, Norwich, Norfolk NR2 4NE2
£140K09/210.23 mi36, Langley Walk, Norwich, Norfolk NR2 4NH2
£165K10/230.26 mi25, Hemming Way, Norwich, Norfolk NR3 2AF2
£165K07/230.26 mi55, Hemming Way, Norwich, Norfolk NR3 2AF2
£140K03/210.26 mi55, Hemming Way, Norwich, Norfolk NR3 2AF2
£129K06/210.27 mi52, Old Palace Road, Norwich, Norfolk NR2 4JQ2
£140K02/210.28 mi11, Russell Street, Norwich, Norfolk NR2 4QT2
£140K04/210.28 mi47, Russell Street, Norwich, Norfolk NR2 4QT2
£106.5K06/210.37 mi75, Junction Road, Norwich, Norfolk NR3 2JA2
£228K04/210.39 mi15, The Watering, Norwich, Norfolk NR3 3BF2
£200K09/230.39 mi14, The Watering, Norwich, Norfolk NR3 3BF2
£162K01/210.39 mi10, The Watering, Norwich, Norfolk NR3 3BF2
£120K01/230.39 mi43, Vale Green, Norwich, Norfolk NR3 2ER2
£118K04/210.39 mi15, Vale Green, Norwich, Norfolk NR3 2ER2
£145K11/230.39 mi15, Vale Green, Norwich, Norfolk NR3 2ER2
£145K01/240.45 mi14, Ely Street, Norwich, Norfolk NR2 4PS2
£130K06/230.49 mi64, Shorncliffe Close, Norwich, Norfolk NR3 2HS2
£140K01/210.49 mi8, Distillery Square, Norwich, Norfolk NR2 4BH2
£164K12/220.52 mi17, Charles Square, Norwich, Norfolk NR2 4BE2
£135K06/230.53 mi63, Douro Place, Norwich, Norfolk NR2 4BQ2
£145K05/230.53 mi57, Douro Place, Norwich, Norfolk NR2 4BQ2
£150K10/230.53 mi23, St Augustines Gate, Norwich, Norfolk NR3 3BE2
£142K08/210.54 mi24, St Augustines Gate, Norwich, Norfolk NR3 3BE2
£112K02/210.54 mi21, St Augustines Gate, Norwich, Norfolk NR3 3BE2
£165K01/230.54 mi102, West Pottergate, Norwich, Norfolk NR2 4BW2
£147K11/230.54 mi101, West Pottergate, Norwich, Norfolk NR2 4BW2
£135K03/230.54 mi83, West Pottergate, Norwich, Norfolk NR2 4BW2
£143K09/210.56 mi11, Golding Place, Norwich, Norfolk NR2 4BD2
£133K08/230.59 mi41, West Pottergate, Norwich, Norfolk NR2 4BN2
£177.5K08/230.59 mi6, West Pottergate, Norwich, Norfolk NR2 4BN2
£165K06/230.6 mi5, Holly Drive, Norwich, Norfolk NR2 3UY2
£128K12/230.61 mi30, Hauteyn Court, Norwich, Norfolk NR3 2RQ2
£165K03/230.62 mi66, Paragon Place, Norwich, Norfolk NR2 4BP2

Local Rents

50 rents from £795/mo to £2.9K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£95009/240.04 mi-2
£1,00010/240.04 mi-2
£99501/250.04 mi-2
£82512/240.07 mi-2
£1,20005/240.09 mi-2
£87506/240.11 miGoodman Square, Norwich2
£1,19503/250.12 mi-2
£1,19504/240.12 mi-2
£87506/240.12 miGoodman Square, Norwich, NR22
£95012/230.13 mi-2
£95002/250.13 mi-2
£79506/240.13 miNelson Street, Norwich2
£92506/240.16 mi-2
£99506/240.17 miBlazer Court, Norwich2
£1,00006/240.17 miNelson Street, Norwich, NR22
£95006/240.17 miArmes Street, Norwich, Norfolk, NR22
£90001/250.19 mi-2
£1,20001/240.19 mi-2
£90006/240.25 miDevonshire Street, Norwich, NR22
£99506/240.27 miWest City2
£87503/240.28 miAdelaide Street, Norwich, Norfolk, NR22
£97506/240.36 miSpeke Street, Norwich, NR22
£97503/240.36 miLivingstone Street, Norwich, Norfolk, NR22
£80006/240.37 miMidland Walk, Norwich, NR2 4QP2
£2,85008/240.37 miDereham Road, Norwich2
£97509/240.37 mi-2
£97508/240.37 miLivingstone Street, Norwich, NR22
£1,05008/240.39 miGrant Street, Norwich, NR22
£95006/240.4 miBerners Street, Norwich2
£99506/240.41 miSt Martins Close, Norwich, NR32
£1,15001/240.41 mi-2
£99506/240.41 mi-2
£1,10008/240.41 mi-2
£95003/250.41 mi-2
£99506/240.41 miSt. Philips Road, Norwich, NR22
£1,20007/240.41 miSt. Philips Road, Norwich, NR22
£1,10007/240.41 miSt. Philips Road, Norwich, NR22
£97501/250.43 mi-2
£95006/240.43 miGladstone Street2
£1,15006/240.43 miGladstone Street, Norwich, NR2 3BJ2
£1,20008/240.44 miNorth City2
£1,05006/240.44 miAlexandra Road, NORWICH2
£1,10007/240.46 miHelena Road, Norwich, Norfolk, NR22
£89506/240.46 miJunction Road, Norwich2
£95008/240.46 miWingfield Road, Norwich2
£1,25003/250.47 mi-2
£85002/240.49 mi-2
£1,05003/240.49 miAylsham Road2
£90006/240.52 miBelvoir Street, Golden Triangle2
£89506/240.53 miAlexandra Road, Norwich, NR22

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

0.58 miles away

Nearest school

0.20 miles away

Nearest train station

1.48 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £160,000

July 2, 2024

Sold for £129,000

2016

Sold for £95,000

2004

Floor Plans

Description

  • Spacious and bright two-bedroom first-floor apartment +
  • Welcoming living/dining room with balcony access and green views +
  • Well-appointed kitchen with white cabinets, laminate countertops, and ample storage +
  • Two double bedrooms, both with built-in wardrobes +
  • Fully tiled bathroom featuring bath with electric shower +
  • Convenient amenities including a boiler cupboard, airing cupboard, and bike shed +
  • Charmingly situated in a communal parkland area for residents +
  • Located near Higham Street in NR2, offering easy access to the city centre +
  • Close proximity to transportation hubs and everything Norwich has to offer +
  • Ideal for those seeking a spacious, bright, and well-connected living space +

ATTIK are pleased to offer this spacious and bright two-bedroom apartment near Higham Street. It features a welcoming living/dining area with balcony access, a well-appointed kitchen, two double bedrooms with storage, and a bright bathroom. Enjoy green views, communal parkland, and convenient amenities, all within easy reach of Norwich's city centre and transportation links. Call the team now to view

The Spacious Apartment With A Private Balcony... - Nestled in the heart of NR2 near Higham Street in Norwich, discover 66 Dolphin Grove, a remarkably spacious and luminous two-bedroom first-floor apartment.

Upon entering, you're greeted by a welcoming entrance porch leading to a generously sized sitting/dining room, flooded with natural light and offering access to a delightful balcony boasting lush green views. To the left of the entrance lies the well-appointed kitchen, featuring attractive white cabinets, tiled splashback, laminate countertops, integrated single oven, hob & extractor, ample storage space, and dishwasher and washing machine provisions. Additionally, a charming larder provides extra storage. The kitchen overlooks a neighbouring communal green space, enhancing the bright and airy ambience.

Adjacent to the kitchen is the boiler cupboard, a convenient space housing essential everyday items and utilities. Continuing into the living/dining area and stepping onto the balcony, you're welcomed above a quiet communal parkland area, perfect for relaxing and enjoying the outdoors.
Moving back inside, an airing cupboard with a radiator offers more storage next to the inner hallway leading to the two inviting double bedrooms. The first bedroom impresses with its spaciousness, abundant natural light, and a built-in mirrored wardrobe, offering views of the surrounding greenery and the balcony. The second bedroom, though smaller, provides ample room for a bed and furnishings, along with built-in storage and another pleasant view of the communal areas. The property also includes a bathroom featuring a bath with an electric shower, bright white tiling from floor to ceiling, and essential amenities for your comfort.

Don't miss out on the opportunity to make this inviting and well-situated apartment at 66 Dolphin Grove your new home, offering proximity to Norwich's city centre, transportation hubs, and all the amenities the city has to offer.

Agents Notes... - A pre-recorded walkaround tour is available for this property

Council Tax Band A. Ground Rent £10 p/a. Service charge £300 p/a covers Communal Lighting, Communal Grounds Maintenance, and the Bins.

En-bloc bike store/store, and permit parking also available

Agent Details

Attik City Country Coast, Norwich

01603 964777

Next Steps?

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