2 Bed Flat, Single Let, Norwich, NR3 3BY £210,000

St. Augustines Street, Norwich, NR3 3BY - a year ago
Leasehold
BTL
~68 m²
Property image

ValuationOvervalued

Sold Prices£128K - £325K
Sold Prices/m²£1.8K/m² - £5.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£170,277

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£550 - £1,300

Rent Estimate

£724

Running Costs/mo

£821

Cashflow/mo

£-97

Cashflow/yr

£-1,165

Gross Yield

4%

Local Sold Prices

50 sold prices from £128K to £325K, average is £160K. £1.8K/m² to £5.8K/m², average is £2.6K/m².

Price
Date
Distance
Address
Beds
 
£142K08/210.14 mi24, St Augustines Gate, Norwich, Norfolk NR3 3BE2
£150K10/230.15 mi23, St Augustines Gate, Norwich, Norfolk NR3 3BE2
£128K07/230.21 mi48, Magdalen Close, Norwich, Norfolk NR3 1NE2
£132K02/250.25 mi33, Bull Close, Norwich NR3 1SX2
£200K05/250.27 mi2, The Watering, St Martins Road, Norwich NR3 3BF2
£200K05/250.27 mi2, The Watering, St Martins Road, Norwich NR3 3BF2
£200K09/230.27 mi14, The Watering, Norwich, Norfolk NR3 3BF2
£200K01/250.28 mi26, Blackfriars Street, Norwich NR3 1SF2
£180K12/220.31 mi26, Blackfriars Street, Norwich, Norfolk NR3 1SF2
£142K10/210.31 mi81, Cowgate, Norwich, Norfolk NR3 1TG2
£170K08/250.31 mi65, Colegate, Norwich NR3 3AS2
£210K12/240.32 mi17, Unicorn Yard, Norwich NR3 3AL2
£150K03/250.34 mi46, Bargate Court, Barrack Street, Norwich NR3 1TW2
£203K02/230.36 mi18, St Edmunds Wharf, Norwich, Norfolk NR3 1GU2
£160K03/250.36 miCaius Court, 4, Angel Road, Norwich NR3 3HS2
£325K04/250.37 mi2, St Edmunds Wharf, Norwich NR3 1GU2
£145K01/250.37 mi82, Long Row, Norwich NR3 1EN2
£145K05/230.38 mi18, Long Row, Norwich, Norfolk NR3 1EN2
£236.5K01/230.39 mi10, Roaches Court, Norwich, Norfolk NR3 1HJ2
£200K10/230.39 mi23a, Wensum Street, Norwich, Norfolk NR3 1LA2
£195K09/230.39 miFlat 44, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£182K09/210.39 miFlat 33, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£145K01/240.4 mi14, Ely Street, Norwich, Norfolk NR2 4PS2
£154K02/250.44 mi60, Orchard Street, Norwich NR2 4QH2
£135K01/250.44 mi11, Mousehold Street, Norwich NR3 1PA2
£195K06/250.44 miThe Hines, St Margarets Street, Norwich NR2 4TU2
£195K06/250.44 miThe Hines, St Margarets Street, Norwich NR2 4TU2
£148K06/250.44 mi6 The Hines, St Margarets Street, Norwich NR2 4TU2
£307K11/240.44 miThe Hines, St Margarets Street, Norwich NR2 4TU2
£148K06/250.44 mi6 The Hines, St Margarets Street, Norwich NR2 4TU2
£170K06/250.46 mi7, Morley Street, Norwich NR3 1ND2
£170K06/250.46 mi7, Morley Street, Norwich NR3 1ND2
£165K09/230.47 miFlat 1, Maude Gray Court, St Benedicts Street, Norwich, Norfolk NR2 4PA2
£189.5K11/240.48 miRumsey Wells Place, 7, St Andrews Street, Norwich NR2 4AT2
£150K11/230.49 mi38, Sun Lane, Norwich, Norfolk NR3 3NF2
£145K10/230.52 mi35, Millers Lane, Norwich, Norfolk NR3 3LX2
£280K01/250.52 miShibleys Court, 9, Fishers Lane, Norwich NR2 1EE2
£160K10/210.53 mi51, Howard Mews, Norwich, Norfolk NR3 4JU2
£152.5K01/250.54 mi31, Clifton Close, Norwich NR2 4JN2
£160K02/250.54 mi7, Cavalry Ride, Norwich NR3 1UA2
£210K01/230.54 mi11, Cavalry Ride, Norwich, Norfolk NR3 1UA2
£160K03/230.54 mi8, Clifton Close, Norwich, Norfolk NR2 4JN2
£154K07/230.54 mi16, Clifton Close, Norwich, Norfolk NR2 4JN2
£151K09/230.54 mi95, Clifton Street, Norwich, Norfolk NR2 4NE2
£153K03/240.54 mi21, Clifton Street, Norwich, Norfolk NR2 4NE2
£160K09/230.54 mi90, Mousehold Street, Norwich, Norfolk NR3 1NX2
£194K06/230.55 mi2c, Millers Lane, Norwich, Norfolk NR3 3LU2
£164K12/220.56 mi17, Charles Square, Norwich, Norfolk NR2 4BE2
£136K03/250.56 mi21, Goodman Square, Norwich NR2 4LA2
£136K03/250.56 mi21, Goodman Square, Norwich NR2 4LA2

Local Rents

50 rents from £550/mo to £1.3K/mo, average is £993/mo.

Rent
Date
Distance
Address
Beds
 
£1,07508/250 miSt. Augustines Street, Norwich, Norfolk, NR32
£1,20007/240.01 miSaint Augustines Street, Norwich, NR32
£1,20008/240.01 mi-2
£1,20008/250.02 mi-2
£55007/250.07 miSt Augustines Street, Norwich2
£95007/250.07 miEdward Street, NR3 3FJ2
£97510/250.07 miEdward Street, NR3 3FJ2
£99510/250.08 mi-2
£1,10004/250.08 mi-2
£85008/250.09 miDalymond Court, NR3 3FH2
£95008/240.09 miDalymond Court, NR3 3FH2
£97508/240.09 miDalymond Court, Norwich, NR3 3FH2
£1,10006/240.09 miSt. Martins At Oak Wall Lane, Norwich2
£1,20009/250.09 mi-2
£1,30011/250.09 miSt. Martins At Oak Wall Lane, Norwich, Norfolk, NR32
£92506/240.09 miEdward Street, Norwich2
£1,05011/250.09 mi-2
£90006/250.1 miEdward Street, Norwich2
£1,05002/250.1 mi-2
£1,20006/240.1 mi-2
£1,20006/240.1 miMagpie Road, Norwich, NR32
£1,05006/240.1 miSt. Martins At Oak Wall Lane, Norwich2
£1,05006/250.1 miMagpie Road, Norwich, Norfolk2
£99006/250.1 miMagpie Road, Norwich, Norfolk2
£1,00009/250.11 miWaterloo Road, Norwich, Norfolk2
£1,00006/240.11 mi-2
£99506/240.12 miJust Off City Centre2
£92507/240.13 miSt. Augustines Gate, Norwich2
£89505/250.13 miSt. Augustines Gate, Norwich2
£99509/250.14 miAnderson Court, Aylsham Road, Norwich, NR32
£67508/250.14 miAylsham Road, Norwich2
£99507/240.14 miMagpie Road, Norwich2
£90011/250.14 miCross Keys Yard, Magdalen Street, Norwich, NR32
£1,20006/240.14 miMagdalen Street, Norwich2
£95006/240.15 miCross Keys Yard2
£95007/240.15 miCross Keys Yard2
£99506/240.15 mi-2
£90007/250.16 miStacy Road, Norwich, NR32
£85011/250.16 miMagdalen Street, Norwich, Norfolk, NR32
£90009/240.16 miMagpie Road2
£92506/250.16 miNorth City2
£85011/250.16 miMagdalen Street,Norwich,NR32
£90009/250.17 miMagdalen Street, Norwich, Norfolk2
£65006/250.17 miMagdalen Street, Norwich2
£70007/250.17 miMagdalen Street, Norwich2
£1,10010/250.17 miStacy Road, Norwich, 2
£1,10011/250.17 miStacy Road, Norwich, Norfolk2
£1,10011/250.17 miStacy Road, Norwich, 2
£92510/250.17 miHeath Road, Norwich, NR32
£75008/250.17 miWingfield Road, Norwich2

Local Area Statistics

Population in NR3

32,675

Population in Norwich

366,887

Town centre distance

0.18 miles away

Nearest school

0.20 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £210,000

September 26, 2024

Floor Plans

Property image

Description

  • BRAND NEW APARTMENT! +
  • Two bedroom accommodation +
  • Sought after NR3 postcode +
  • Measuring approximately 61 sqm +
  • 10 year guarantee +
  • Communal garden, communal bin store & bike store +

SUMMARY
BRAND NEW APARTMENT!!! THIS LUXURIOUS TWO BEDROOM GROUND FLOOR APARTMENT situated in this sought after NR3 postcode of Norwich boasting pubs, restaurants and other great amenities. Viewings are highly recommended not to miss out on this great apartment!!

DESCRIPTION
BRAND NEW APARTMENT! THIS LUXURIOUS TWO BEDROOM GROUND FLOOR APARTMENT boasting its own private entrance. Located in this superb marquee development in Islington vintage stock on the corner of Esdelle Street and St Augustines Street. The property boasts black aluminum windows, video entry system, luxury kitchen, bathroom, outstanding sized bedrooms and 10 year warranty.

Accommodation comprises of an inner lobby with video entry system, entrance hall, flexible lounge/ dining/ kitchen with 20mm quartz kitchen worktops, two excellent sized bedrooms and porcelanosa bathroom. Along with a communal garden, communal bin store and bike store. The apartment measures approximately 61 sqm.

Viewings are highly recommended to appreciate the property's accommodation and location!!

Communal Entrance 
Accessing central development with private door into apartment:-

Private Porchway 
Door into generous living/ dining/ kitchen space:-

Living/ Dining/ Kitchen Space 
Two windows to front aspect with a fitted range of kitchen units with a range of built in appliances.

Bedroom One 
Windows to side aspect.

Bedroom Two 
Window to front aspect.

Bathroom 
Paneled bath, wash hand basin and wc.

Exterior 
Outside, there is a bike store and bin store with a communal garden accessed via the central development.

Agents Note 
The images included in this listing are of a similar development.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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.

Agent Details

William H. Brown, Norwich

01603 361933

Next Steps?

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