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

14 St James Meadow, Norwich, NR3 1TQ - 4 views - 7 months ago

BTL
152 m²
+9 photos

ValuationUndervalued

Sold Prices£202K - £645K
Sold Prices/m²£2K/m² - £5.5K/m²

 

 

Square Metres

152 m²
Price/m²£2.8K/m²

Value Estimate

£459,873
BMV8%

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 £645K, average is £422.5K. £2K/m² to £5.5K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£475K01/240.02 mi2, St James Meadow, Norwich, Norfolk NR3 1TR4
£440K08/230.02 mi1, St James Meadow, Norwich, Norfolk NR3 1TR4
£570K04/210.19 mi42, Bishopgate, Norwich, Norfolk NR1 4AA4
£375K12/200.3 mi33, The Nest, Norwich, Norfolk NR1 1GH4
£202K12/210.3 mi25, Morley Street, Norwich, Norfolk NR3 1ND4
£450K08/240.31 mi45, Britannia Road, Norwich, Norfolk NR1 4HP4
£460K01/240.36 mi5, Mons Avenue, Norwich, Norfolk NR1 4HL4
£307K11/200.43 mi20, Blackfriars Street, Norwich, Norfolk NR3 1SF4
£318K10/200.43 mi10, Blackfriars Street, Norwich, Norfolk NR3 1SF4
£365K02/230.43 mi74, Plumstead Road, Norwich, Norfolk NR1 4JU4
£255K10/230.47 mi242, Gertrude Road, Norwich, Norfolk NR3 4RY4
£220K01/240.47 mi272, Gertrude Road, Norwich, Norfolk NR3 4RY4
£285.5K10/220.48 mi103, Romany Road, Norwich, Norfolk NR3 4RF4
£392K12/200.5 mi22, Old Library Mews, Norwich, Norfolk NR1 1ET4
£515K10/200.52 mi8, Stan Petersen Close, Norwich, Norfolk NR1 4QJ4
£375K10/230.59 mi30, Aldryche Road, Norwich, Norfolk NR1 4LE4
£425K10/200.64 mi6, Cintra Road, Norwich, Norfolk NR1 4AE4
£567.5K07/220.64 mi5, High Green, Norwich, Norfolk NR1 4AP4
£400K10/200.64 mi2, High Green, Norwich, Norfolk NR1 4AP4
£260K06/230.66 mi20, Guernsey Road, Norwich, Norfolk NR3 1JJ4
£235K02/230.67 mi95, Gertrude Road, Norwich, Norfolk NR3 4SG4
£350K11/200.7 mi3a, Cotman Road, Norwich, Norfolk NR1 4AF4
£243K02/210.7 mi111, Magdalen Road, Norwich, Norfolk NR3 4LB4
£550K03/210.71 mi9, Cotman Road, Norwich, Norfolk NR1 4AH4
£385K03/210.71 mi112, King Street, Norwich, Norfolk NR1 1QE4
£358K08/220.72 mi3, Cotman Road, Norwich, Norfolk NR1 4AF4
£420K03/210.73 mi4, Kilderkin Way, Norwich, Norfolk NR1 1RD4
£450K04/240.73 mi2, Kilderkin Way, Norwich, Norfolk NR1 1RD4
£202.5K08/230.75 mi61, Temple Road, Norwich, Norfolk NR3 1ED4
£500K07/240.75 mi7, Heathside Road, Norwich, Norfolk NR1 1TH4
£435K11/220.75 mi16, 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
£420K02/230.76 mi3, Cedar Road, Norwich, Norfolk NR1 1HL4
£523K10/200.76 mi176, Wellesley Avenue South, Norwich, Norfolk NR1 4AD4
£645K03/210.76 mi150, Wellesley Avenue South, Norwich, Norfolk NR1 4AD4
£515K09/210.78 mi28, Telegraph Lane East, Norwich, Norfolk NR1 4AL4
£600K10/200.78 mi18, Telegraph Lane East, Norwich, Norfolk NR1 4AL4
£440K12/200.78 mi10, Dyers Yard, Norwich, Norfolk NR3 3QY4
£485K03/230.79 mi140, Thorpe Road, Norwich, Norfolk NR1 1RH4
£465K06/210.79 mi10, Unicorn Yard, Norwich, Norfolk NR3 3AL4
£535K09/230.82 mi26, Constitution Hill, Norwich, Norfolk NR3 4BU4
£375K06/210.83 mi3, Mulberry Close, Norwich, Norfolk NR3 3PJ4
£375K06/210.83 mi3, Mulberry Close, Norwich, Norfolk NR3 3PJ4
£525K03/210.84 mi55, Harvey Lane, Norwich, Norfolk NR7 0AG4
£330K12/200.85 mi2b, Stanley Avenue, Norwich, Norfolk NR7 0BE4
£328K04/210.85 mi2, Stanley Avenue, Norwich, Norfolk NR7 0BE4
£392.5K03/210.85 mi5, Sewell Road, Norwich, Norfolk NR3 4BP4
£460K05/210.85 mi5c, Stanley Avenue, Norwich, Norfolk NR7 0BE4
£425K02/210.86 mi45, Harvey Lane, Norwich, Norfolk NR7 0BZ4

Local Rents

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

RentDateDistanceAddressBeds 
£1,45004/250.15 mi-4
£1,05003/240.28 miSilver Road,Norwich,NR33
£1,40006/240.3 miThe Nest, NR1 1GH4
£1,57512/240.3 miThe Nest, Norwich, NR1 1GH4
£2,30006/240.31 miSt Martin at Palace Plain Norwich NR34
£1,52508/240.33 mi-4
£1,52507/240.33 miSilver Rd, Norwich, NR34
£1,52506/240.33 miSilver Road, Norwich, Norfolk, NR34
£1,87512/240.33 mi-4
£1,98510/240.33 mi-4
£1,10001/250.34 mi-3
£1,40006/240.35 miSilver Street, NR3 4TU3
£1,29506/240.35 miMousehold Avenue, Norwich, Norfolk, NR33
£99502/250.37 mi-3
£1,25001/250.37 mi-3
£1,25007/240.39 miWodehouse Street, Norwich3
£99512/240.39 miWolfe Road, Norwich, Norfolk, NR13
£1,30006/240.4 miSt. Matthews Road, Norwich, Norfolk, NR13
£99504/240.41 mi-3
£1,20007/240.42 miWodehouse Street3
£1,80011/240.42 mi-3
£1,40012/240.43 miChalk Hill Road, Norwich, 3
£1,35007/240.43 miPigg Lane, NORWICH3
£1,35008/240.43 miPigg Lane, Norwich3
£1,75003/250.44 mi-4
£1,29008/240.45 mi-3
£1,45012/240.45 mi-3
£2,10006/240.46 miPrince Of Wales Road, NORWICH3
£1,65007/240.46 miOpposite the Cathedral, Norwich, NR33
£1,20006/240.46 miMarion Road, Norwich, 3
£2,00012/240.46 miFoundry Court, Recorder Road, Norwich, Norfolk, NR13
£1,40006/240.47 miSpencer Street, Norwich, NR33
£2,10001/240.47 mi-3
£2,00006/240.47 mi-3
£2,00012/240.47 mi-3
£2,00012/240.47 mi-3
£1,10006/240.47 miMarion Road, Norwich, Norfolk, NR13
£2,00006/240.47 miCity Centre, NR13
£1,80006/240.49 miBull Close Road, Norwich, NR34
£1,40001/250.49 mi-3
£1,70006/240.5 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
£1,10007/240.52 miMarlborough Road, Norwich, NR33
£1,70006/240.53 miWaggon & Horses Lane, Norwich4
£95006/240.53 miWall Lane, Norwich, Norfolk, NR33
£1,20006/240.54 miMagdalen Street, Norwich3
£1,10006/240.55 miSpencer Street, Norwich, NR3 4PE3
£1,15006/240.55 miHilary Avenue, Norwich3

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.77 miles away

Nearest school

0.40 miles away

Nearest train station

0.55 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

Floor Plans

Description

  • LARGE BALCONY +
  • OPEN PLAN LOUNGE/DINER +
  • TWO EN SUITES +
  • INTEGRAL GARAGE +
  • FOUR BEDROOMS +
  • WALKING DISTANCE TO CITY +

LARGE TOWNHOUSE BY THE RIVER WITHIN WALKING DISTANCE TO THE CITY CENTRE** Gilson Bailey are delighted to offer this four storey, four bedroom, end townhouse in an idyllic riverside, city centre location with accommodation comprising, WC, fitted kitchen with open plan lounge/dining room leading to a large balcony. The lower ground floor provides a utility room and integral garage with one parking space in front. There are three bedrooms and a bathroom to the first floor with bedroom two benefitting from an en-suite shower room. The second floor master bedroom has sliding doors to another balcony, en-suite shower room and walk-in dressing room. The townhouse benefits from gas heating (new boiler fitted in 2021), double glazing and is offered with no onward chain. Be quick to book a viewing to appreciate the size and location on offer.

Location - St James Meadow can be found a short stroll from the hustle and bustle of Norwich city centre including Tombland with it's selection of restaurants, bars, coffee shops and the city with it's extensive shopping and walking distance to the Riverside Complex and Norwich Railway Station.

Accommodation Comprises: - Front door to:

Entrance Hall - Doors to WC, kitchen, lounge/dining room, staircase to first floor and staircase to lower ground floor, radiator.

Kitchen - 2.32 x 5.19 (7'7" x 17'0") - Quality range of wall and base units, stainless single sink and drainer, stainless steel fitted oven, hob and extractor, tiled splash backs, power points, tiled floor, integral dishwasher, space for free standing fridge freezer. Open plan to:

Wc - Low level wc, pedestal hand wash basin, tiling, radiator.

Lounge/Dining Room - 4.44 x 5.15 (14'6" x 16'10") - Three radiators, coving, two double glazed sliding patio doors to balcony measuring 5.17m x 4.51m paved and enclosed by glass panelling and railing.

Lower Ground Floor - Doors to Garage and Utility.

Utility - 2.90 x 5.18 (9'6" x 16'11") - Wall and base units, stainless steel single sink and drainer, spaces for washing machine and fridge freezer, tiled flooring.

Integral Garage - 5.76 x 2.51 (18'10" x 8'2") - Power and light connected, up and over garage door.

First Floor Landing - Doors to dedrooms two, three, four, airing cupboard and bathroom.

Bedroom Two - 2.92 x 3.40 (9'6" x 11'1") - Two uPVC double glazed windows, radiator, door to:

En-Suite Shower Room - Three piece comprising low level wc, pedestal hand wash basin and double tiled shower cubicle with glazed sliding door. Radiator.

Bedroom Three - 2.56 x 3.47 (8'4" x 11'4") - uPVC double glazed sliding patio door to balcony, radiator.

Bedroom Four - 2.48 x 4.46 (8'1" x 14'7") - uPVC double glazed door to balcony, radiator.

Bathroom - Three piece suite comprising low level wc, hand wash basin, bath with mixer shower over and glazed shower screen, tiled flooring.

Second Floor Landing - Door to:

Bedroom One - 5.16 x 4.21 (16'11" x 13'9") - Two uPVC double glazed sliding patio doors to balcony enjoying stunning views across the River, radiator. Door to:

En-Suite Shower Room - Three piece suite comprising low level wc, hand wash basin and double tiled shower cubicle, radiator, tiled floor. Door to:

Dressing Room - 2.36 x 1.98 (7'8" x 6'5") -

Outside - Driveway providing parking leading to the single integral garage.

Local Authority - Norwich City Council
Tax Band E

Tenure - Freehold

Service Charge - £400 per annum.

Agent Details

Gilson Bailey, Norwich

01603 361812

Next Steps?

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