4 Bed Terraced House, Single Let, Norwich, NR3 1TR, £425,000

St. James Meadow, Norwich, NR3 1TR - 3 views - 7 months ago

BTL
~129 m²
+10 photos

ValuationOvervalued

Sold Prices£202K - £675K
Sold Prices/m²£2K/m² - £5.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.3K/m²

Value Estimate

£391,065

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

£900 - £2,300

Rent Estimate

£989

Running Costs/mo

£1,546

Cashflow/mo

£-557

Cashflow/yr

£-6,683

Gross Yield

3%

Local Sold Prices

50 sold prices from £202K to £675K, average is £422.5K. £2K/m² to £5.5K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£475K01/240.01 mi2, St James Meadow, Norwich, Norfolk NR3 1TR4
£440K08/230.01 mi1, St James Meadow, Norwich, Norfolk NR3 1TR4
£570K04/210.17 mi42, Bishopgate, Norwich, Norfolk NR1 4AA4
£375K12/200.29 mi33, The Nest, Norwich, Norfolk NR1 1GH4
£202K12/210.3 mi25, Morley Street, Norwich, Norfolk NR3 1ND4
£450K08/240.32 mi45, Britannia Road, Norwich, Norfolk NR1 4HP4
£460K01/240.37 mi5, Mons Avenue, Norwich, Norfolk NR1 4HL4
£307K11/200.41 mi20, Blackfriars Street, Norwich, Norfolk NR3 1SF4
£318K10/200.41 mi10, Blackfriars Street, Norwich, Norfolk NR3 1SF4
£365K02/230.44 mi74, Plumstead Road, Norwich, Norfolk NR1 4JU4
£255K10/230.48 mi242, Gertrude Road, Norwich, Norfolk NR3 4RY4
£220K01/240.48 mi272, Gertrude Road, Norwich, Norfolk NR3 4RY4
£285.5K10/220.49 mi103, Romany Road, Norwich, Norfolk NR3 4RF4
£392K12/200.49 mi22, Old Library Mews, Norwich, Norfolk NR1 1ET4
£515K10/200.52 mi8, Stan Petersen Close, Norwich, Norfolk NR1 4QJ4
£375K10/230.6 mi30, Aldryche Road, Norwich, Norfolk NR1 4LE4
£567.5K07/220.64 mi5, High Green, Norwich, Norfolk NR1 4AP4
£400K10/200.64 mi2, High Green, Norwich, Norfolk NR1 4AP4
£425K10/200.64 mi6, Cintra Road, Norwich, Norfolk NR1 4AE4
£260K06/230.65 mi20, Guernsey Road, Norwich, Norfolk NR3 1JJ4
£235K02/230.67 mi95, Gertrude Road, Norwich, Norfolk NR3 4SG4
£385K03/210.7 mi112, King Street, Norwich, Norfolk NR1 1QE4
£243K02/210.7 mi111, Magdalen Road, Norwich, Norfolk NR3 4LB4
£350K11/200.7 mi3a, Cotman Road, Norwich, Norfolk NR1 4AF4
£550K03/210.71 mi9, Cotman Road, Norwich, Norfolk NR1 4AH4
£420K03/210.71 mi4, Kilderkin Way, Norwich, Norfolk NR1 1RD4
£450K04/240.71 mi2, Kilderkin Way, Norwich, Norfolk NR1 1RD4
£358K08/220.72 mi3, Cotman Road, Norwich, Norfolk NR1 4AF4
£202.5K08/230.75 mi61, Temple Road, Norwich, Norfolk NR3 1ED4
£435K11/220.75 mi16, Cedar Road, Norwich, Norfolk NR1 1HL4
£500K07/240.75 mi7, Heathside Road, Norwich, Norfolk NR1 1TH4
£420K02/230.76 mi3, Cedar Road, Norwich, Norfolk NR1 1HL4
£550K11/210.76 mi9, Heathside Road, Norwich, Norfolk NR1 1TH4
£520K08/220.76 mi11, Heathside Road, Norwich, Norfolk NR1 1TH4
£440K12/200.77 mi10, Dyers Yard, Norwich, Norfolk NR3 3QY4
£523K10/200.77 mi176, Wellesley Avenue South, Norwich, Norfolk NR1 4AD4
£645K03/210.77 mi150, Wellesley Avenue South, Norwich, Norfolk NR1 4AD4
£465K06/210.78 mi10, Unicorn Yard, Norwich, Norfolk NR3 3AL4
£515K09/210.78 mi28, Telegraph Lane East, Norwich, Norfolk NR1 4AL4
£600K10/200.78 mi18, Telegraph Lane East, Norwich, Norfolk NR1 4AL4
£485K03/230.79 mi140, Thorpe Road, Norwich, Norfolk NR1 1RH4
£375K06/210.81 mi3, Mulberry Close, Norwich, Norfolk NR3 3PJ4
£375K06/210.81 mi3, Mulberry Close, Norwich, Norfolk NR3 3PJ4
£535K09/230.81 mi26, Constitution Hill, Norwich, Norfolk NR3 4BU4
£392.5K03/210.85 mi5, Sewell Road, Norwich, Norfolk NR3 4BP4
£525K03/210.85 mi55, Harvey Lane, Norwich, Norfolk NR7 0AG4
£330K12/200.86 mi2b, Stanley Avenue, Norwich, Norfolk NR7 0BE4
£328K04/210.86 mi2, Stanley Avenue, Norwich, Norfolk NR7 0BE4
£460K05/210.86 mi5c, Stanley Avenue, Norwich, Norfolk NR7 0BE4
£675K12/220.86 mi50, Constitution Hill, Norwich, Norfolk NR3 4BT4

Local Rents

50 rents from £900/mo to £2.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45004/250.17 mi-4
£1,05003/240.28 miSilver Road,Norwich,NR33
£2,30006/240.29 miSt Martin at Palace Plain Norwich NR34
£1,40006/240.29 miThe Nest, NR1 1GH4
£1,57512/240.29 miThe Nest, Norwich, NR1 1GH4
£1,52508/240.32 mi-4
£1,52507/240.32 miSilver Rd, Norwich, NR34
£1,52506/240.32 miSilver Road, Norwich, Norfolk, NR34
£1,10001/250.34 mi-3
£1,87512/240.34 mi-4
£1,98510/240.34 mi-4
£1,40006/240.35 miSilver Street, NR3 4TU3
£1,29506/240.36 miMousehold Avenue, Norwich, Norfolk, NR33
£99502/250.36 mi-3
£1,25001/250.37 mi-3
£1,25007/240.39 miWodehouse Street, Norwich3
£1,30006/240.4 miSt. Matthews Road, Norwich, Norfolk, NR13
£99512/240.4 miWolfe Road, Norwich, Norfolk, NR13
£1,80011/240.41 mi-3
£1,20007/240.41 miWodehouse Street3
£1,35007/240.42 miPigg Lane, NORWICH3
£1,35008/240.42 miPigg Lane, Norwich3
£99504/240.42 mi-3
£1,40012/240.42 miChalk Hill Road, Norwich, 3
£1,75003/250.43 mi-4
£1,65007/240.44 miOpposite the Cathedral, Norwich, NR33
£2,10006/240.45 miPrince Of Wales Road, NORWICH3
£1,29008/240.45 mi-3
£1,45012/240.45 mi-3
£2,00012/240.45 miFoundry Court, Recorder Road, Norwich, Norfolk, NR13
£2,10001/240.45 mi-3
£2,00006/240.45 mi-3
£2,00012/240.45 mi-3
£2,00012/240.45 mi-3
£2,00006/240.46 miCity Centre, NR13
£1,40006/240.46 miSpencer Street, Norwich, NR33
£1,20006/240.46 miMarion Road, Norwich, 3
£1,10006/240.46 miMarion Road, Norwich, Norfolk, NR13
£1,80006/240.48 miBull Close Road, Norwich, NR34
£1,40001/250.49 mi-3
£1,70006/240.49 miOld Library Mews4
£90006/240.5 miBeaconsfield Road, Norwich, 3
£1,10009/240.5 miBeaconsfield Road, Norwich, 3
£1,15007/240.51 miChurchil Road, Norwich3
£1,70006/240.51 miWaggon & Horses Lane, Norwich4
£1,10007/240.52 miMarlborough Road, Norwich, NR33
£95006/240.52 miWall Lane, Norwich, Norfolk, NR33
£1,20006/240.52 miMagdalen Street, Norwich3
£1,10006/240.55 miSpencer Street, Norwich, NR3 4PE3
£2,20006/240.55 miRedwell Street, Norwich3

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.76 miles away

Nearest school

0.40 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £425,000

August 28, 2024

Sold for £231,500

2011

Sold for £249,500

2006

Description

  • Four Bedrooms +
  • Townhouse +
  • City Centre Location +
  • Two En-suites +
  • Family Bathroom +
  • Garage +
  • Views Across River Yare And Cow Hill +
  • Double Glazing +
  • Two Balconies +
  • Viewing Highly Recommended +

A four bedroom, two en-suite town house with garage and parking situated with views across to Cow Hill and the River Yare and within walking distance of Norwich railway station and city centre. This very spacious property benefits from an entrance hall with cloakroom, a large lounge/dining room with full width balcony's leading to a large balcony area with views across the river and to Cow Hill, there is a quality fitted kitchen. On the lower floor there is access into the garage with additional parking and a large utility room. To the first floor are three good sized bedrooms with an en-suite to bedroom two and also a family bathroom and to the third floor is a large master bedroom suite with en-suite shower room and walk in dressing room, there are also full width patio doors leading to a large balcony with southerly aspect and views across to Cow Hill and the River Yare.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QNO240213/2

Agent Details

YOUR MOVE - Bennetts, Norwich

01603 708978

Next Steps?

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