2 Bed Terraced House, Single Let, Norwich, NR3 4TT, £180,000





ValuationUndervalued
Sold Prices | £163K - £305K |
Sold Prices/m² | £2.4K/m² - £4.1K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.6K/m² |
Value Estimate | £203,621£203,621 |
BMV | 13% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £45,000£45,000 |
Stamp Duty & Legal Fees | £10,200£10,200 |
Total Cash In | £55,200£55,200 |
| |
Cash Out | |
Rent Range | £825 - £1,300£825 - £1,300 |
Rent Estimate | £895 |
Running Costs/mo | £762£762 |
Cashflow/mo | £134£134 |
Cashflow/yr | £1,602£1,602 |
ROI | 3%3% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £163K to £305K, average is £210K. £2.4K/m² to £4.1K/m², average is £3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£190.3K | 06/23 | 0.03 mi | 77, Bull Close Road, Norwich, Norfolk NR3 1NQ | £2,515 | 76 | 2 | Terraced House | |
£240K | 10/22 | 0.03 mi | 82, Bull Close Road, Norwich, Norfolk NR3 1NQ | £4,138 | 58 | 2 | Semi-Detached House | |
£216K | 03/23 | 0.06 mi | 7, Spencer Street, Norwich, Norfolk NR3 4PA | £3,117 | 69 | 2 | Semi-Detached House | |
£185K | 02/21 | 0.06 mi | 78, Wodehouse Street, Norwich, Norfolk NR3 4TZ | £2,693 | 69 | 2 | Terraced House | |
£189K | 02/21 | 0.07 mi | 7, Spencer Street, Norwich, Norfolk NR3 4PA | £2,727 | 69 | 2 | Semi-Detached House | |
£230K | 12/20 | 0.07 mi | 47, Wodehouse Street, Norwich, Norfolk NR3 4TY | £3,194 | 72 | 2 | Terraced House | |
£235K | 05/23 | 0.08 mi | 76, Marlborough Road, Norwich, Norfolk NR3 4PJ | - | - | 2 | Terraced House | |
£163K | 03/21 | 0.08 mi | 76, Marlborough Road, Norwich, Norfolk NR3 4PJ | - | - | 2 | Terraced House | |
£253K | 10/23 | 0.08 mi | 162, Marlborough Road, Norwich, Norfolk NR3 4PJ | £3,819 | 66 | 2 | Terraced House | |
£219K | 10/23 | 0.1 mi | 121, Marlborough Road, Norwich, Norfolk NR3 4PL | £3,269 | 67 | 2 | Terraced House | |
£210K | 11/20 | 0.1 mi | 87, Marlborough Road, Norwich, Norfolk NR3 4PL | £3,182 | 66 | 2 | Terraced House | |
£240K | 12/22 | 0.1 mi | 103, Marlborough Road, Norwich, Norfolk NR3 4PL | £3,896 | 62 | 2 | Terraced House | |
£200K | 05/23 | 0.11 mi | 40, Silver Road, Norwich, Norfolk NR3 4TB | £2,978 | 67 | 2 | Terraced House | |
£191K | 11/22 | 0.12 mi | 36, Cowgate, Norwich, Norfolk NR3 1SY | £2,809 | 68 | 2 | Semi-Detached House | |
£265K | 01/23 | 0.12 mi | 23, Cowgate, Norwich, Norfolk NR3 1SZ | - | - | 2 | Terraced House | |
£192.5K | 02/21 | 0.13 mi | 162, Marlborough Road, Norwich, Norfolk NR3 4PJ | £2,906 | 66 | 2 | Terraced House | |
£230K | 08/23 | 0.13 mi | 176, Beaconsfield Road, Norwich, Norfolk NR3 4PP | £3,966 | 58 | 2 | Terraced House | |
£225K | 01/21 | 0.13 mi | 80, Beaconsfield Road, Norwich, Norfolk NR3 4PP | £2,679 | 84 | 2 | Terraced House | |
£180K | 12/20 | 0.13 mi | 17, Willis Street, Norwich, Norfolk NR3 1SW | £2,571 | 70 | 2 | Terraced House | |
£196K | 06/21 | 0.13 mi | 9, Willis Street, Norwich, Norfolk NR3 1SW | £3,043 | 64 | 2 | Semi-Detached House | |
£195K | 07/21 | 0.14 mi | 97, Beaconsfield Road, Norwich, Norfolk NR3 4AB | £2,716 | 72 | 2 | Terraced House | |
£240K | 10/23 | 0.14 mi | 129, Beaconsfield Road, Norwich, Norfolk NR3 4AB | £3,478 | 69 | 2 | Terraced House | |
£206.5K | 09/21 | 0.14 mi | 105, Beaconsfield Road, Norwich, Norfolk NR3 4AB | £2,842 | 73 | 2 | Terraced House | |
£220K | 12/20 | 0.14 mi | 127, Beaconsfield Road, Norwich, Norfolk NR3 4AB | £3,228 | 68 | 2 | Terraced House | |
£168K | 07/23 | 0.15 mi | 30, Beaconsfield Road, Norwich, Norfolk NR3 4PW | - | - | 2 | Terraced House | |
£195K | 01/23 | 0.15 mi | 11, St Pauls Square, Norwich, Norfolk NR3 1SN | £2,708 | 72 | 2 | Terraced House | |
£206.5K | 12/23 | 0.16 mi | 26, Morley Street, Norwich, Norfolk NR3 1ND | £2,993 | 69 | 2 | Terraced House | |
£168K | 12/20 | 0.16 mi | 69, Peacock Street, Norwich, Norfolk NR3 1TB | £2,507 | 67 | 2 | Terraced House | |
£248K | 12/21 | 0.16 mi | 61, Beaconsfield Road, Norwich, Norfolk NR3 4PN | £3,533 | 70 | 2 | Terraced House | |
£245K | 02/24 | 0.16 mi | 5, Beaconsfield Road, Norwich, Norfolk NR3 4PN | £3,267 | 75 | 2 | Terraced House | |
£210K | 07/21 | 0.17 mi | 155, Knowsley Road, Norwich, Norfolk NR3 4PT | £2,605 | 81 | 2 | Terraced House | |
£201K | 04/21 | 0.17 mi | 123, Knowsley Road, Norwich, Norfolk NR3 4PT | £3,045 | 66 | 2 | Semi-Detached House | |
£192K | 01/21 | 0.18 mi | 57, Knowsley Road, Norwich, Norfolk NR3 4PR | £2,382 | 81 | 2 | Terraced House | |
£237.6K | 01/23 | 0.18 mi | 45, Knowsley Road, Norwich, Norfolk NR3 4PR | £3,444 | 69 | 2 | Terraced House | |
£203.5K | 11/20 | 0.19 mi | 58, Knowsley Road, Norwich, Norfolk NR3 4PS | £2,788 | 73 | 2 | Terraced House | |
£232K | 06/23 | 0.19 mi | 6, Knowsley Road, Norwich, Norfolk NR3 4PS | £3,053 | 76 | 2 | Terraced House | |
£249.5K | 06/23 | 0.19 mi | 56, Knowsley Road, Norwich, Norfolk NR3 4PS | £3,616 | 69 | 2 | Terraced House | |
£183.5K | 11/21 | 0.19 mi | 96, Spencer Street, Norwich, Norfolk NR3 4PE | £2,960 | 62 | 2 | Terraced House | |
£190K | 12/20 | 0.2 mi | 32, Magdalen Road, Norwich, Norfolk NR3 4AF | £2,370 | 80 | 2 | Terraced House | |
£305K | 09/23 | 0.2 mi | 32, Magdalen Road, Norwich, Norfolk NR3 4AF | £3,804 | 80 | 2 | Terraced House | |
£235K | 12/21 | 0.21 mi | 122, Churchill Road, Norwich, Norfolk NR3 4PZ | £3,672 | 64 | 2 | Terraced House | |
£200K | 01/21 | 0.21 mi | 105, Churchill Road, Norwich, Norfolk NR3 4PZ | £2,410 | 83 | 2 | Terraced House | |
£250K | 03/24 | 0.23 mi | 6, Churchill Road, Norwich, Norfolk NR3 4PY | - | - | 2 | Terraced House | |
£225K | 02/24 | 0.23 mi | 44, Churchill Road, Norwich, Norfolk NR3 4PY | £3,261 | 69 | 2 | Terraced House | |
£205K | 12/23 | 0.23 mi | 14, Churchill Road, Norwich, Norfolk NR3 4PY | £2,733 | 75 | 2 | Terraced House | |
£204.1K | 03/21 | 0.23 mi | 48, Churchill Road, Norwich, Norfolk NR3 4PY | £2,694 | 76 | 2 | Terraced House | |
£215K | 02/24 | 0.23 mi | 58, Churchill Road, Norwich, Norfolk NR3 4PY | £3,116 | 69 | 2 | Terraced House | |
£230K | 08/23 | 0.23 mi | 107, Spencer Street, Norwich, Norfolk NR3 4PF | - | - | 2 | Terraced House | |
£245K | 04/23 | 0.23 mi | 118, Spencer Street, Norwich, Norfolk NR3 4PF | £2,986 | 82 | 2 | Terraced House | |
£207.5K | 12/20 | 0.24 mi | 114, Spencer Street, Norwich, Norfolk NR3 4PF | £2,882 | 72 | 2 | Terraced House |
Local Rents
48 rents from £825/mo to £1.3K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,100 | 07/24 | 0.06 mi | Wodehouse Street, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£875 | 07/24 | 0.06 mi | Wodehouse Street, Norwich, NR3 | 2 | House | |
£1,150 | 06/24 | 0.07 mi | Silver Street, NR3 | 2 | Terraced House | |
£950 | 06/24 | 0.07 mi | Silver Street, Norwich, NR3 | 2 | Terraced House | |
£1,150 | 08/24 | 0.07 mi | Silver Street, Norwich | 2 | Terraced House | |
£1,150 | 09/24 | 0.07 mi | Silver Street, Norwich | 2 | Terraced House | |
£900 | 06/24 | 0.07 mi | Bull Close Road, NORWICH | 2 | Flat | |
£1,200 | 07/24 | 0.08 mi | Bull Close, NORWICH | 2 | Flat | |
£825 | 06/24 | 0.09 mi | Yarn Mews, Norwich | 2 | Terraced House | |
£1,100 | 08/24 | 0.11 mi | Marlborough Road, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£1,300 | 06/24 | 0.12 mi | St James Quay, Norwich, NR3 | 2 | Flat | |
£950 | 01/25 | 0.12 mi | - | 2 | Terraced House | |
£995 | 06/24 | 0.12 mi | Silver Road, Norwich, Norfolk, NR3 | 2 | Flat | |
£1,295 | 07/24 | 0.12 mi | - | 2 | Terraced House | |
£1,294 | 05/24 | 0.12 mi | - | 2 | Terraced House | |
£1,294 | 03/25 | 0.12 mi | - | 2 | Terraced House | |
£1,300 | 06/24 | 0.12 mi | Cowgate, Norwich, NR3 | 2 | Terraced House | |
£1,250 | 12/24 | 0.13 mi | - | 2 | Terraced House | |
£1,050 | 06/24 | 0.13 mi | Willis Street, Norwich | 2 | Terraced House | |
£950 | 08/24 | 0.13 mi | Willis Street, NORWICH | 2 | Terraced House | |
£995 | 06/24 | 0.14 mi | - | 2 | Flat | |
£950 | 08/24 | 0.14 mi | Silver Road, Norwich, Norfolk, NR3 | 2 | Flat | |
£950 | 06/24 | 0.14 mi | Cross Keys Yard | 2 | Flat | |
£950 | 07/24 | 0.14 mi | Cross Keys Yard | 2 | Flat | |
£1,150 | 07/24 | 0.15 mi | Beaconsfield Road, NR3 | 2 | Terraced House | |
£1,200 | 06/24 | 0.15 mi | Magdalen Street, Norwich | 2 | Flat | |
£1,050 | 06/24 | 0.16 mi | Morley Street, Norwich | 2 | Terraced House | |
£1,050 | 06/24 | 0.16 mi | Peacock Street, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£1,100 | 06/24 | 0.16 mi | Norwich, NR3 | 2 | Terraced House | |
£900 | 09/24 | 0.17 mi | Magpie Road | 2 | Terraced House | |
£1,200 | 08/24 | 0.17 mi | Beaconsfield Road | 2 | Terraced House | |
£895 | 06/24 | 0.17 mi | North City | 2 | House | |
£995 | 06/24 | 0.17 mi | Knowsley Road, Norwich | 2 | Terraced House | |
£1,100 | 01/25 | 0.18 mi | - | 2 | Terraced House | |
£1,250 | 06/24 | 0.18 mi | Typesetters Way, NR3 | 2 | Flat | |
£995 | 07/24 | 0.19 mi | Magpie Road, Norwich | 2 | Terraced House | |
£1,250 | 06/24 | 0.2 mi | Magdalen Road, Norwich, | 2 | Flat | |
£1,300 | 06/24 | 0.2 mi | Typesetters Way, Printworks Drive, Norwich | 2 | Flat | |
£925 | 06/24 | 0.2 mi | Edward Street, Norwich | 2 | Flat | |
£1,300 | 06/24 | 0.21 mi | Typsetters Way, NR3 1FJ | 2 | Flat | |
£950 | 08/24 | 0.21 mi | Dalymond Court, NR3 3FH | 2 | Flat | |
£975 | 08/24 | 0.21 mi | Dalymond Court, Norwich, NR3 3FH | 2 | Flat | |
£1,150 | 07/24 | 0.22 mi | Churchill Road, Norwich | 2 | Terraced House | |
£1,050 | 07/24 | 0.23 mi | Spencer Street, Norwich, NR3 | 2 | Terraced House | |
£895 | 06/24 | 0.23 mi | Guernsey Road, Norwich | 2 | Terraced House | |
£1,000 | 08/24 | 0.24 mi | Spencer Street, Norwich, Norfolk, NR3 | 2 | Flat | |
£1,250 | 08/24 | 0.24 mi | St. Olaves Road, Norwich, NR3 | 2 | Terraced House | |
£1,000 | 06/24 | 0.25 mi | Clarke Road, Norwich, NR3 | 2 | Terraced House |
Local Area Statistics
Population in NR3 | 32,67232,672 |
Population in Norwich | 366,887366,887 |
Town centre distance | 0.35 miles away0.35 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.83 miles away0.83 miles away |
| |
Rental demand | Balanced marketBalanced market |
Rental growth (12m) | +16%+16% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +28%+28% |
Property History
Price changed to £180,000
December 27, 2024
Listed for £190,000
August 1, 2024
Floor Plans

Description
-
Sought after NR3 street +
-
Two bedroom, two reception room Victorian terrace +
-
Brilliant buy to let opportunity or first time buy +
-
UPVC sash windows +
-
Non-bisected garden +
-
Sought after one way road +
SUMMARY
THIS IMPRESSIVE TWO BEDROOM, TWO RECEPTION ROOM VICTORIAN TERRACE PROPERTY situated in one of the closest NR3 streets to the city centre. The property is being sold with the added benefit of NO ONWARD CHAIN! Early viewings are essential!!!
DESCRIPTION
A brilliant buy to let opportunity (or possible first time buy)! THIS IMPRESSIVE TWO BEDROOM, TWO RECEPTION ROOM VICTORIAN TERRACE PROPERTY situated on this highly popular street (a one way road) which is one of the closest NR3 streets to the city centre. This property boasts a non-bisected, pretty, enclosed rear garden with mature tree to front and easy permit on street parking, replacement gas fired boiler for heating and hot water, as well as UPVC sash style windows, it is a successful, ongoing buy to let but available to the whole market. Silver Street is within walking distance of an array of highly popular pubs and restaurants as well as city centre but of course Mousehold. The character includes original coving and ceiling rose to the lounge, with much onward potential also. The property is being sold with the added benefit of NO ONWARD CHAIN!
Early viewings are essential!!
Lounge 11' 8" x 11' ( 3.56m x 3.35m )
Feature fireplace, plinth, original ceiling rose, original coving and UPVC sash window to front aspect.
Inner Lobby
Stairs to first floor.
Formal Dining Room 11' 9" x 11' 3" ( 3.58m x 3.43m )
UPVC sash window to rear aspect, fitted laminate flooring, radiator and understairs storage cupboard.
Kitchen 8' 1" x 6' 7" ( 2.46m x 2.01m )
Fitted range of eye & base level kitchen units, space for gas cooker, inset stainless steel sink unit, plumbing for washing machine, space for fridge, UPVC sash window to side aspect, door to garden and wall mounted boiler for heating & hot water.
First Floor Landing
Bedroom One 11' 1" x 11' 8" ( 3.38m x 3.56m )
UPVC sash window to rear aspect, radiator and door to ensuite:-
Ensuite
Paneled bath with attached shower, wash hand basin, wc, UPVC sash window to rear aspect and built in storage cupboard.
Bedroom Two 11' 8" x 11' 1" ( 3.56m x 3.38m )
Two UPVC windows to front aspect, built in storage cupboard and radiator.
Exterior
The property has on street permit parking to front (Silver Street is a one way road that is quieter than most streets in this location), the front garden is enclosed by fencing with mature conifers affording the property privacy.
To the rear, there is a non-bisected rear garden mainly paved for low maintenance, with outside tap, gated rear access, non-bisected with garden shed.
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.
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