2 Bed Terraced House, Single Let, Norwich, NR4 6RS, £198,000

9 Bishop Pelham Court, Norwich, Norfolk, NR4 6RS - 3 views - 8 months ago

Sold STC
BTL
73 m²
+9 photos

ValuationUndervalued

Sold Prices£110K - £1.3M
Sold Prices/m²£1.7K/m² - £6.4K/m²

 

 

Square Metres

73 m²
Price/m²£2.7K/m²

Value Estimate

£247,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£49,500

Stamp Duty & Legal Fees

£7,140

Total Cash In

£56,640

 

 

Cash Out

 

Rent Range

£695 - £3,900

Rent Estimate

£750

Running Costs/mo

£789

Cashflow/mo

£-39

Cashflow/yr

£-465

Gross Yield

5%

Local Sold Prices

50 sold prices from £110K to £1.3M, average is £261K. £1.7K/m² to £6.4K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£195K02/240.04 mi7, College Lane, Norwich, Norfolk NR4 6TW2
£191.5K01/240.08 mi35, Ellis Gardens, Norwich, Norfolk NR4 6RX2
£167.5K11/200.08 mi21, Ellis Gardens, Norwich, Norfolk NR4 6RX2
£167.5K11/200.08 mi21, Ellis Gardens, Norwich, Norfolk NR4 6RX2
£415K03/211 miSt Giles, High Common, Swardeston, Norwich, Norfolk NR14 8DL2
£320K06/231 miWell Yard Cottage, High Common, Swardeston, Norwich, Norfolk NR14 8DL2
£279K12/201.01 mi54, Buckland Rise, Norwich, Norfolk NR4 6EZ2
£405K12/231.05 mi8, Brettingham Avenue, Norwich, Norfolk NR4 6XG2
£425K04/241.05 mi4, Brettingham Avenue, Norwich, Norfolk NR4 6XG2
£235K10/231.1 mi37, Lindford Drive, Norwich, Norfolk NR4 6LR2
£300K01/211.1 mi5, Intwood Road, Cringleford, Norwich, Norfolk NR4 6XD2
£234K07/231.15 mi67, Amderley Drive, Norwich, Norfolk NR4 6JH2
£172K03/211.15 mi69, Amderley Drive, Norwich, Norfolk NR4 6JH2
£253K02/231.15 mi82, Amderley Drive, Norwich, Norfolk NR4 6JH2
£405K11/201.15 mi9, Taylor Avenue, Norwich, Norfolk NR4 6XY2
£183K03/211.17 mi49, Amderley Drive, Norwich, Norfolk NR4 6HZ2
£245K04/231.21 mi41, Wakehurst Close, Norwich, Norfolk NR4 6JL2
£262K10/221.22 mi49, Wakehurst Close, Norwich, Norfolk NR4 6JL2
£192K03/211.24 mi44, Fountains Road, Norwich, Norfolk NR4 6LW2
£260K08/231.25 mi5, Tamarind Mews, Eaton, Norwich, Norfolk NR4 6NR2
£245K09/221.29 mi28, Brentwood, Norwich, Norfolk NR4 6PW2
£355K07/241.33 mi15, Cranleigh Rise, Norwich, Norfolk NR4 6PQ2
£307.5K05/211.33 mi15, Cranleigh Rise, Norwich, Norfolk NR4 6PQ2
£217K03/241.35 mi1, Bowman Road, Norwich, Norfolk NR4 6LS2
£380K04/241.44 mi47, Lowther Road, Norwich, Norfolk NR4 6QN2
£247K03/241.54 mi5, Bek Close, Norwich, Norfolk NR4 7NT2
£300K02/211.56 mi23, Lyhart Road, Norwich, Norfolk NR4 6RF2
£200K10/231.56 mi13, Kingfisher Close, Cringleford, Norwich, Norfolk NR4 7LL2
£350K09/231.58 mi13, Rugge Drive, Norwich, Norfolk NR4 7NJ2
£300K06/211.58 mi13, Rugge Drive, Norwich, Norfolk NR4 7NJ2
£216K07/211.59 mi44, Brambling Lane, Cringleford, Norwich, Norfolk NR4 7LJ2
£110K01/211.6 mi16, Oriole Drive, Cringleford, Norwich, Norfolk NR4 7LU2
£110K01/211.62 mi18, Oriole Drive, Cringleford, Norwich, Norfolk NR4 7LU2
£381K08/231.64 mi9, Irving Road, Norwich, Norfolk NR4 6RA2
£335K10/231.64 mi2, Irving Road, Norwich, Norfolk NR4 6RA2
£1.3M06/211.67 mi158, Newmarket Road, Norwich, Norfolk NR4 6SE2
£322.5K03/241.7 mi2, Wren Close, Norwich, Norfolk NR4 7NR2
£350K10/221.7 mi16, Wren Close, Norwich, Norfolk NR4 7NR2
£230K06/211.7 mi19, Daffodil Close, Cringleford, Norwich, Norfolk NR4 7SN2
£210K03/211.73 mi28, Verbena Road, Cringleford, Norwich, Norfolk NR4 7ST2
£537.5K06/211.77 mi11, Upton Close, Norwich, Norfolk NR4 7PD2
£450K03/231.84 mi1e, Upton Road, Norwich, Norfolk NR4 7PA2
£122.5K03/241.89 mi21, Sandy Lane, Norwich, Norfolk NR1 2AB2
£295K12/221.91 mi66, Melrose Road, Norwich, Norfolk NR4 7PW2
£260K02/241.94 mi76, Waldeck Road, Norwich, Norfolk NR4 7PQ2
£300K08/221.95 mi19, Melrose Road, Norwich, Norfolk NR4 7PN2
£298K11/221.95 mi28, Melrose Road, Norwich, Norfolk NR4 7PN2
£243K10/201.95 mi45, Melrose Road, Norwich, Norfolk NR4 7PN2
£250K03/231.95 mi47, Melrose Road, Norwich, Norfolk NR4 7PN2
£290K09/231.95 mi43, Melrose Road, Norwich, Norfolk NR4 7PN2

Local Rents

50 rents from £695/mo to £3.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£95006/240 miBishop Pelham Court, Norwich, Norfolk, NR4 6RS2
£77512/240.01 miBishop Pelham Court, Norwich1
£89506/240.01 mi-2
£89506/240.01 miKeswick Hall, Norwich, NR42
£95006/240.08 miQuintin Gurney House, Norwich2
£72512/240.08 miQuinton Gurney House, Keswick Hall1
£90012/240.08 miKeswick Hall, Keswick, NR41
£95006/240.09 miKeswick Hall, Keswick, NORWICH2
£95001/250.13 mi-1
£2,10011/240.3 mi-4
£82512/240.91 miKeswick Road, Cringleford, NR41
£1,69506/241.03 miAbinger Way, Norwich, Norfolk, NR44
£1,69506/241.03 miAbinger Way, NORWICH4
£1,69512/241.03 miAbinger Way, NORWICH4
£1,30006/241.05 miSidell Close, Cringleford, Norwich, Norfolk, NR43
£1,90012/241.06 miKedleston Drive, Cringleford, Norwich, Norfolk4
£1,40012/241.08 mi-4
£69507/241.09 miRoyson Place, Swardeston1
£1,09512/241.1 miIntwood Road, Cringleford, Norwich, NR43
£2,40012/241.11 miThe Loke, Cringleford, NORWICH4
£1,55012/241.13 mi-3
£1,47512/241.13 mi-3
£98012/241.16 mi-2
£1,90006/241.17 mi-3
£2,00006/241.17 mi-3
£2,00003/251.17 mi-3
£1,45012/241.18 mi-3
£1,20012/241.18 miHavant Close, NORWICH3
£1,40012/241.19 miEbbisham Drive, Norwich3
£1,70012/241.19 miBrettingham Avenue, Norwich3
£89506/241.24 miNutfield Close, NR4 6PF1
£92511/241.26 mi-2
£1,20012/241.29 mi-2
£1,00012/241.29 mi-2
£1,85006/241.31 miFreesia Way, Cringleford, Norwich5
£3,05006/241.31 miChestnut Hill, Norwich, NR46
£1,40006/241.32 miFreesia Way, Cringleford, NORWICH3
£1,50012/241.33 miWillowcroft Way, Cringleford3
£1,75006/241.33 miViola Close, Cringleford5
£1,75012/241.35 miBrentwood, Norwich, NR44
£1,10006/241.37 miLobelia Lane, Cringleford3
£1,90012/241.37 miLobelia Lane, Norwich6
£1,80006/241.38 miBrentwood, Norwich, NR43
£1,50002/251.38 mi-3
£1,55006/241.38 miWillowcroft Way, Cringleford, Norwich4
£3,90012/241.39 miNewmarket Road, Norwich, Norfolk, NR48
£1,70006/241.41 miFern Drive, Cringleford5
£1,35006/241.42 miWillowcroft Way, Norwich3
£1,55012/241.42 miWillowcroft Way, Cringleford, Norwich4
£1,10012/241.42 miTurnberry, Norwich2

Local Area Statistics

Population in NR4

22,331

Population in Norwich

366,887

Town centre distance

3.73 miles away

Nearest school

1.10 miles away

Nearest train station

3.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £198,000

July 30, 2024

Sold for £158,000

2020

Sold for £115,000

2016

Sold for £112,000

2004

Floor Plans

Description

Spacious 2-Bedroom Property in Keswick Hall, Norwich: Ideal for First-Time Buyers and Investors, Rare Opportunity in a Saught After Location. Welcome to your new home in the prestigious Keswick Hall, located just 3 miles south of Norwich city center. This spacious 2-bedroom property offers an exceptional blend of comfort, convenience, and community,making it an ideal choice for first-time buyers and savvy investors alike. Property Features:

  • Bedrooms: 2 generously sized bedrooms, perfect for a small family or shared living.
  • Living Space: A largre, bright and airy living area that opens up to views of the communal gardens.
  • Kitchen: Fully equipped modern kitchen with ample storage and counter space, ideal for home cooking enthusiasts.
  • Bathroom: Well-appointed bathroom with contemporary fittings and fixtures.
  • Storage: Additional storage spaces, ensuring a clutter-free living environment. Community Amenities:
  • Swimming Pool: Enjoy access to a large heated communal swimming pool, perfect for unwinding on warm days or keeping fit.
  • Tennis Courts: Take advantage of the well-maintained tennis courts, ideal for both casual and competitive play.
  • BBQ Area: Host gatherings with friends and family in the dedicated BBQ area, offering a great space for outdoor dining and socializing.
  • Laundry Area: Convenient on-site laundry facilities, making laundry days hassle-free. Keswick Hall Facts:
  • Location: Situated in a picturesque rural setting just minutes away from the city of Norwich, surrounded by woodland, offering the best of both worlds.
  • Transport Links: Excellent transport connections with easy access to the A47 and Norwich Train Station, providing direct routes to London and beyond.
  • Historical Charm: Keswick Hall is steeped in history, originally a grand country estate, now beautifully converted into a residential community.
  • Green Spaces: Surrounded by lush countryside and landscaped gardens, providing a tranquil and scenic environment. lovingly maintained by the estate.
  • Local Amenities: Close to local schools, supermarkets, and recreational facilities, ensuring all your needs are met within a short distance. This property in Keswick Hall is more than just a home; it's a lifestyle choice. Whether you're starting your property journey or looking to invest, Being Located so close to the UEA and Norfolk and Norwich Hospital this is an opportunity not to be missed. Schedule a viewing today and experience the charm and convenience of Keswick Hall living!

Agent Details

The Good Estate Agent, National

01303 761722

Next Steps?

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