2 Bed Terraced House, Single Let, Norwich, NR5 8RR, £200,000

1 Malbrook Road, Norwich, NR5 8RR - 6 months ago

BTL
ROI: 1%
38 m²
+9 photos

ValuationOvervalued

Sold Prices£115K - £450K
Sold Prices/m²£2K/m² - £4.6K/m²

 

 

Square Metres

38 m²
Price/m²£5.3K/m²

Value Estimate

£124,364

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£62,700

 

 

Cash Out

 

Rent Range

£800 - £1,200

Rent Estimate

£850

Running Costs/mo

£815

Cashflow/mo

£35

Cashflow/yr

£420

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £115K to £450K, average is £207.5K. £2K/m² to £4.6K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£302K12/220.31 mi3, Bridge Farm Lane, Norwich, Norfolk NR5 8NW2
£161.5K12/200.32 mi19, Skoner Road, Norwich, Norfolk NR5 9AX2
£200K05/240.33 mi36, Beecheno Road, Norwich, Norfolk NR5 8TH2
£171K02/210.38 mi8, Webster Close, Stoke Holy Cross, Norwich, Norfolk NR14 8LU2
£147K02/210.39 mi17, Brampton Court, Norwich, Norfolk NR5 9AN2
£147K02/210.39 mi17, Brampton Court, Norwich, Norfolk NR5 9AN2
£170K03/240.39 mi16, Brampton Court, Norwich, Norfolk NR5 9AN2
£150K02/230.47 mi52, Rawley Road, Norwich, Norfolk NR5 9DZ2
£290K04/240.5 mi1, Marshall Close, Norwich, Norfolk NR5 0ED2
£227K05/240.54 mi74, Norwich Road, Norwich, Norfolk NR5 0EG2
£200K04/230.54 mi4, Norwich Road, Norwich, Norfolk NR5 0EG2
£230K09/210.54 mi8, Norwich Road, Norwich, Norfolk NR5 0EG2
£240K11/220.54 mi25, Jex Road, Norwich, Norfolk NR5 8XD2
£115K03/240.57 mi63a, Friends Road, Norwich, Norfolk NR5 8HW2
£175K03/210.57 mi28, Stylman Road, Norwich, Norfolk NR5 9EU2
£271K07/230.57 mi3, Old Watton Road, Colney, Norwich, Norfolk NR4 7TN2
£157.5K09/210.58 mi18, Brennewater Mews, Norwich, Norfolk NR5 9DH2
£450K08/230.59 mi8a, The Drive, Norwich, Norfolk NR5 0EF2
£219K03/240.6 mi31, Pollywiggle Close, Norwich, Norfolk NR5 9PG2
£228K10/230.6 mi32, Pollywiggle Close, Norwich, Norfolk NR5 9PG2
£220K01/240.6 mi22, Oval Avenue, Norwich, Norfolk NR5 0DP2
£154K11/200.63 mi42, Swafield Street, Norwich, Norfolk NR5 9EB2
£160K11/220.64 mi128, Jex Road, Norwich, Norfolk NR5 8XQ2
£165K04/230.66 mi39, Hellesdon Close, Norwich, Norfolk NR6 5EF2
£200K11/200.67 mi4, Oval Road, Norwich, Norfolk NR5 0DE2
£250K06/210.7 mi19, Woodhill Rise, Norwich, Norfolk NR5 0DN2
£230K01/230.7 mi1, Dell Crescent, Norwich, Norfolk NR5 8QB2
£195K08/210.73 mi14, Tolye Road, Norwich, Norfolk NR5 9PR2
£185K12/200.73 mi7, Tolye Road, Norwich, Norfolk NR5 9PR2
£165K11/210.73 mi77, Whistlefish Court, Norwich, Norfolk NR5 8QR2
£200K11/230.73 mi44, Whistlefish Court, Norwich, Norfolk NR5 8QR2
£180K08/210.75 mi11, Wenman Court, Norwich, Norfolk NR5 9LP2
£240K05/230.75 mi12, Wenman Court, Norwich, Norfolk NR5 9LP2
£280K03/240.75 mi11, Northview Road, Norwich, Norfolk NR5 0BG2
£151K12/200.76 mi80, Ranworth Road, Norwich, Norfolk NR5 8DY2
£264.5K09/230.76 mi21, Lisle Road, Norwich, Norfolk NR5 9LH2
£220K05/230.76 mi27, Speedwell Way, Norwich, Norfolk NR5 9HP2
£195K06/210.76 mi8, Bateman Close, Norwich, Norfolk NR5 9LE2
£266K12/200.78 mi44, Oval Road, Norwich, Norfolk NR5 0DG2
£230K02/210.79 mi9, Hellesdon Road, Norwich, Norfolk NR6 5EB2
£280K10/210.79 mi12, Grove Avenue, New Costessey, Norwich, Norfolk NR5 0HN2
£200K01/240.8 mi14, Bladewater Road, Norwich, Norfolk NR5 9HY2
£215K01/240.8 mi15, Bladewater Road, Norwich, Norfolk NR5 9HY2
£260K10/220.8 mi2, Valley Road, Norwich, Norfolk NR5 0BH2
£210K02/210.8 mi111, Gipsy Lane, Norwich, Norfolk NR5 8AY2
£267.5K04/240.8 mi17, Crown Road, New Costessey, Norwich, Norfolk NR5 0ER2
£218K03/210.81 mi11, Crown Road, New Costessey, Norwich, Norfolk NR5 0ER2
£242K12/230.82 mi18, Tizzick Close, Norwich, Norfolk NR5 9HB2
£205K06/210.83 mi4, Roe Drive, Norwich, Norfolk NR5 8BT2
£183K03/210.83 mi67, Roe Drive, Norwich, Norfolk NR5 8BT2

Local Rents

17 rents from £800/mo to £1.2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£98012/240.09 mi-2
£1,15012/240.1 miFreshfield Close, Norwich2
£95003/240.16 miRobson Road, Norwich NR52
£90004/250.19 mi-2
£95006/240.29 mi-2
£95006/240.31 miBridge Farm Lane, Norwich (5 Minute Walk to UEA)2
£1,15006/240.31 miRockingham Road, Norwich, NR52
£90003/240.33 miRockingham Road, Norwich, NR52
£92506/240.36 miLushington Close, Norwich2
£1,00002/250.38 mi-2
£85006/240.38 miCotterall Court, West City2
£89506/240.39 miBrampton Court, Norwich, NR52
£89506/240.43 miWaldegrave Road, Norwich2
£80002/240.52 mi-2
£80006/240.52 mi-2
£1,20006/240.6 miPollywiggle Close, NR5 9PG2
£1,00001/250.62 mi-2

Local Area Statistics

Population in NR5

28,823

Population in Norwich

366,887

Town centre distance

2.47 miles away

Nearest school

0.40 miles away

Nearest train station

3.13 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £200,000

February 28, 2025

Listed for £210,000

September 28, 2024

Floor Plans

Description

  • NO ONWARD CHAIN! +
  • Walking distance to the UEA +
  • Perfect investment purchase +
  • Enclosed rear garden +
  • Off road parking for approximately 2 vehicles +
  • Cloakroom and family bathroom +

SUMMARY
INVESTORS ONLY!! This well presented TWO/THREE BEDROOM END TERRACED HOUSE is situated in the popular NR5 postcode just to the west of Norwich city centre and would make a perfect first time buy or investment purchase *VIEWINGS ARE HIGHLY RECOMMENDED NOT TO MISS OUT ON THIS GREAT TERRACED PROPERTY*

DESCRIPTION
Guide Price £200,000 - £210,000

This well presented THREE BEDROOM END TERRACED HOUSE is situated in the popular NR5 postcode just to the west of Norwich city centre. The property would make a perfect first time buy or investment purchase and benefits from cloakroom & family bathroom, enclosed rear garden, ample off road parking and is in easy walking distance of the UEA.

Accommodation comprises of entrance hall, kitchen/diner, cloakroom and lounge/bedroom 3 to the ground floor. Upstairs there are two double bedrooms off of the landing as well as the family bathroom. To the front of the property is off road parking for approximately two vehicles and to the rear is a fully enclosed garden. *VIEWINGS ARE HIGHLY RECOMMENDED NOT TO MISS OUT ON THIS GREAT TERRACED PROPERTY!*

Entrance Hall 
Door to the front aspect.

Cloakroom 
Double glazed window to the side aspect, wash hand basin, W/C, tiled flooring and radiator.

Lounge/Bedroom 3 13' 3" x 10' 10" ( 4.04m x 3.30m )
Double glazed window to the rear aspect, double glazed door to the rear aspect, radiator, TV point and carpeted flooring.

Kitchen/Diner 13' 6" x 13' 3" ( 4.11m x 4.04m )
Space for a washing machine & fridge/freezer, double glazed window to the front aspect, tiled flooring, integrated dish washer, gas oven, gas hob, extractor fan, radiator, wall and base units with work surfaces over, stainless steel 1 1/2 size bowl and boiler.

1st Floor Landing 
Carpeted flooring and loft access.

Bedroom 1 12' 8" x 10' 1" ( 3.86m x 3.07m )
Double glazed window to the front aspect, carpeted flooring, radiator and built in wardrobe.

Bedroom 2 13' 3" x 8' ( 4.04m x 2.44m )
Double glazed window to the rear aspect and carpeted flooring.

Bathroom 
Double glazed window to the side aspect, wash hand basin, W/C, bath with shower over, tiled flooring and extractor fan.

Exterior 
To the front of the property is a path to the front door with off road parking for approximately two vehicles. To the rear is a fully enclosed garden, mainly laid to lawn with a garden shed and gate to the front aspect.

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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