3 Bed Terraced House, Single Let, Norwich, NR6 7NH, £295,000

93 Spixworth Road, Old Catton, Norwich, NR6 7NH - 7 months ago

BTL
93 m²
+9 photos

ValuationOvervalued

Sold Prices£176K - £450K
Sold Prices/m²£2.1K/m² - £4.4K/m²

 

 

Square Metres

93 m²
Price/m²£3.2K/m²

Value Estimate

£287,285

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Rent Range

£1,050 - £1,750

Rent Estimate

£956

Running Costs/mo

£1,133

Cashflow/mo

£-177

Cashflow/yr

£-2,125

Gross Yield

4%

Local Sold Prices

50 sold prices from £176K to £450K, average is £275K. £2.1K/m² to £4.4K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£225K03/210.02 mi89, Spixworth Road, Norwich, Norfolk NR6 7NH3
£352K03/210.03 mi106, Spixworth Road, Norwich, Norfolk NR6 7NJ3
£280K03/210.09 mi94, Spixworth Road, Norwich, Norfolk NR6 7NG3
£315K07/230.11 mi4, Church Street, Old Catton, Norwich, Norfolk NR6 7DS3
£267.5K07/240.12 mi29, The Warren, Old Catton, Norwich, Norfolk NR6 7NN3
£315K11/200.17 mi26, Burma Road, Norwich, Norfolk NR6 7AA3
£322K10/230.17 mi20, Burma Road, Norwich, Norfolk NR6 7AA3
£275K01/230.21 mi4, George Hill, Norwich, Norfolk NR6 7DE3
£330K08/230.22 mi26, Moore Avenue, Norwich, Norfolk NR6 7LA3
£274K07/230.23 mi16, Dixons Fold, Norwich, Norfolk NR6 7QD3
£242.4K05/210.23 mi14, Dixons Fold, Norwich, Norfolk NR6 7QD3
£187K10/230.23 mi30, Blacksmiths Way, Norwich, Norfolk NR6 7DT3
£268K05/230.23 mi45, Blacksmiths Way, Norwich, Norfolk NR6 7DT3
£280K05/230.23 mi3, Blacksmiths Way, Norwich, Norfolk NR6 7DT3
£278K10/220.23 mi14, Dixons Fold, Norwich, Norfolk NR6 7QD3
£225K02/210.24 mi40, Church Street, Old Catton, Norwich, Norfolk NR6 7DR3
£350K06/210.24 mi68, Church Street, Old Catton, Norwich, Norfolk NR6 7DR3
£210K06/210.24 mi38, Church Street, Old Catton, Norwich, Norfolk NR6 7DR3
£272K06/230.25 mi47, North Walsham Road, Norwich, Norfolk NR6 7QA3
£310K07/240.25 mi201, Spixworth Road, Norwich, Norfolk NR6 7DY3
£350K10/230.25 mi157, Spixworth Road, Norwich, Norfolk NR6 7DY3
£243K09/210.26 mi7, Bracey Avenue, Norwich, Norfolk NR6 7LB3
£325K09/230.26 mi25, Bracey Avenue, Norwich, Norfolk NR6 7LB3
£305K03/230.27 mi14, Sursham Avenue, Norwich, Norfolk NR6 7LD3
£190K09/230.28 mi52, North Walsham Road, Norwich, Norfolk NR6 7QB3
£295K10/200.28 mi198, Spixworth Road, Norwich, Norfolk NR6 7EQ3
£270K12/200.29 mi152, Moore Avenue, Norwich, Norfolk NR6 7LQ3
£210K12/200.29 mi157, Moore Avenue, Norwich, Norfolk NR6 7LQ3
£240K04/230.3 mi86, North Walsham Road, Norwich, Norfolk NR6 7QF3
£202.2K03/240.3 mi90, North Walsham Road, Norwich, Norfolk NR6 7QF3
£210K04/210.3 mi90, Moore Avenue, Norwich, Norfolk NR6 7LG3
£270K03/240.32 mi9, Tills Close, Norwich, Norfolk NR6 7QS3
£355K03/240.32 mi27, School Lane, Sprowston, Norwich, Norfolk NR7 8TB3
£255K11/200.32 mi32, School Lane, Sprowston, Norwich, Norfolk NR7 8TB3
£216K12/200.35 mi41, Meadow Gardens, Norwich, Norfolk NR6 7RJ3
£273.5K07/210.35 mi20, Tills Road, Norwich, Norfolk NR6 7QR3
£260K01/240.36 mi41, Dovedales, Norwich, Norfolk NR6 7QE3
£240K10/220.36 mi4, Dovedales, Norwich, Norfolk NR6 7QE3
£450K12/220.36 mi20a, Colkett Drive, Old Catton, Norwich, Norfolk NR6 7ND3
£405K05/230.37 mi11, Spixworth Road, Norwich, Norfolk NR6 7NE3
£322K06/210.38 mi17, Tusting Close, Norwich, Norfolk NR7 8TD3
£285K11/230.38 mi20, Tusting Close, Norwich, Norfolk NR7 8TD3
£275K06/210.38 mi47, Lowry Cole Road, Norwich, Norfolk NR6 7QT3
£215K06/210.38 mi11, Lowry Cole Road, Norwich, Norfolk NR6 7QT3
£330K01/230.38 mi9, Players Way, Norwich, Norfolk NR6 7AU3
£384K11/220.38 mi28, Spixworth Road, Norwich, Norfolk NR6 7NF3
£325K02/210.39 mi28, Players Way, Norwich, Norfolk NR6 7AU3
£325K11/230.4 mi54, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EJ3
£280K06/210.4 mi23, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EJ3
£176K02/210.4 mi33, Ecton Walk, Norwich, Norfolk NR6 7ES3

Local Rents

11 rents from £1.1K/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.25 mi-3
£1,05006/240.25 miSpixworth Road, Old Catton, Norwich, NR63
£1,05003/250.28 mi-3
£1,30012/240.35 mi-3
£1,30012/240.39 miNorth Walsham Road, Norwich3
£1,20012/240.48 miPriors Drive, Norwich3
£1,10012/240.5 miOld Catton3
£1,30004/250.52 mi-3
£1,40006/240.53 miThree Corner Drive, Norwich3
£1,10006/240.54 miRosebay Close, Norwich3
£1,20003/250.55 mi-3

Local Area Statistics

Population in NR6

24,173

Population in Norwich

366,887

Town centre distance

1.42 miles away

Nearest school

0.20 miles away

Nearest train station

2.28 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £295,000

September 3, 2024

Floor Plans

Description

  • Mid terraced house +
  • 3 bedrooms +

DESCRIPTION This mid terraced house (known as The Pink House), comes to the market for the first time in many years, being constructed of traditional brick with a pitched main roof and single storey rear extension.

The accommodation is arranged on two floors with entrance hall and a super kitchen area incorporating the dining room, all with an open plan feel, with access through to the sitting room, rear lobby/hall and ground floor shower room.

There are three bedrooms arranged around a landing with family bathroom on the first floor and the whole will be of great interest to those buyers looking to acquire a first class property ready for immediate occupation.

Outside, the property is approached from the road and there is a rear courtyard area approached from the back entrance lobby/hall with gate leading to a long rear garden which is mainly laid to lawn, with access to the amenity land that is included with the property.

The amenity area, which is approached from Spixworth Road, amounts to 0.25 of an acre and acts as a buffer between this house and other properties and Catton Park. Further details relating to this land are available from the vendor's agents. 

LOCATION The property is located within easy reach of the centre of Norwich with all its shopping, transport and cultural facilities. The Norwich outer ring road is within very easy reach, linking Old Catton with other areas of the city and county. This is an excellent opportunity to acquire a first class residence in a pleasant position with privacy at the rear and viewing is recommended. 

DIRECTIONS Proceed out of Norwich via Magdalen Street, continuing onto Magdalen Road at the traffic lights and then take the left fork to continue along Magdalen Road and then onto Constitution Hill. Continue straight over the roundabout at the outer ring road and at the traffic lights by the Woodman pub turn left into George Hill. Turn right onto Spixworth Road and the property will be found just after the Maids Head pub on the left hand side. 

AGENT´S NOTES: (1) The photographs shown in this brochure have been taken with a camera using a wide-angle lens and therefore interested parties are advised to check the room measurements prior to arranging a viewing.

(2) Intending buyers will be asked to produce original Identity Documentation and Proof of Address before solicitors are instructed. 

VIEWING Strictly by prior appointment through the selling agents' Norwich Office. Tel: . These particulars were prepared in August 2024. Ref. 058255

Agent Details

Brown & Co, Norwich

01603 361667

Next Steps?

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