2 Bed Terraced House, Single Let, Norwich, NR3 1EE, £220,000

Albany Road, Norwich, NR3 1EE - 6 months ago

Sold STC
BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£113K - £305K
Sold Prices/m²£2.1K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£207,918

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£8,100

Total Cash In

£63,100

 

 

Cash Out

 

Rent Range

£840 - £1,300

Rent Estimate

£878

Running Costs/mo

£883

Cashflow/mo

£-5

Cashflow/yr

£-61

Gross Yield

5%

Local Sold Prices

50 sold prices from £113K to £305K, average is £215K. £2.1K/m² to £4.3K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£243K06/210 mi14, Albany Road, Norwich, Norfolk NR3 1EE2
£240K04/210 mi2a, Albany Road, Norwich, Norfolk NR3 1EE2
£207.5K12/200 mi31, Albany Road, Norwich, Norfolk NR3 1EE2
£233K10/230 mi27, Albany Road, Norwich, Norfolk NR3 1EE2
£200K10/210.03 mi21, Albany Road, Norwich, Norfolk NR3 1EE2
£220K05/230.03 mi5, Shipstone Road, Norwich, Norfolk NR3 1JZ2
£178K03/210.04 mi40, Shipstone Road, Norwich, Norfolk NR3 1JY2
£175K02/210.06 mi36, Waterloo Road, Norwich, Norfolk NR3 1EW2
£203K09/230.06 mi78, Waterloo Road, Norwich, Norfolk NR3 1EW2
£230K10/230.06 mi23, Temple Road, Norwich, Norfolk NR3 1ED2
£180K01/210.06 mi15, Temple Road, Norwich, Norfolk NR3 1ED2
£216K09/210.06 mi54, Magdalen Road, Norwich, Norfolk NR3 4AQ2
£215K11/210.07 mi4, Clarke Road, Norwich, Norfolk NR3 1JL2
£113K03/210.07 mi51, Waterloo Road, Norwich, Norfolk NR3 1EG2
£205K11/230.08 mi79, Waterloo Road, Norwich, Norfolk NR3 1EG2
£218.5K10/230.08 mi38, Angel Road, Norwich, Norfolk NR3 3HP2
£300K11/210.1 mi112, Magdalen Road, Norwich, Norfolk NR3 4AN2
£257K12/230.1 mi86, Magdalen Road, Norwich, Norfolk NR3 4AN2
£190K12/200.11 mi32, Magdalen Road, Norwich, Norfolk NR3 4AF2
£305K09/230.11 mi32, Magdalen Road, Norwich, Norfolk NR3 4AF2
£205K05/230.11 mi52, Heath Road, Norwich, Norfolk NR3 1JW2
£235K01/230.11 mi10, Heath Road, Norwich, Norfolk NR3 1JW2
£205K07/230.11 mi20, Heath Road, Norwich, Norfolk NR3 1JW2
£203.5K11/200.15 mi58, Knowsley Road, Norwich, Norfolk NR3 4PS2
£232K06/230.15 mi6, Knowsley Road, Norwich, Norfolk NR3 4PS2
£249.5K06/230.15 mi56, Knowsley Road, Norwich, Norfolk NR3 4PS2
£192K01/210.15 mi57, Knowsley Road, Norwich, Norfolk NR3 4PR2
£250K03/240.15 mi6, Churchill Road, Norwich, Norfolk NR3 4PY2
£225K02/240.15 mi44, Churchill Road, Norwich, Norfolk NR3 4PY2
£205K12/230.15 mi14, Churchill Road, Norwich, Norfolk NR3 4PY2
£204.1K03/210.15 mi48, Churchill Road, Norwich, Norfolk NR3 4PY2
£215K02/240.15 mi58, Churchill Road, Norwich, Norfolk NR3 4PY2
£248K12/210.16 mi61, Beaconsfield Road, Norwich, Norfolk NR3 4PN2
£245K02/240.16 mi5, Beaconsfield Road, Norwich, Norfolk NR3 4PN2
£237.6K01/230.16 mi45, Knowsley Road, Norwich, Norfolk NR3 4PR2
£211K06/210.17 mi94, Patteson Road, Norwich, Norfolk NR3 3EW2
£208K07/230.17 mi40, Patteson Road, Norwich, Norfolk NR3 3EW2
£216K09/210.17 mi65, Eade Road, Norwich, Norfolk NR3 3EH2
£235K06/230.17 mi23, Eade Road, Norwich, Norfolk NR3 3EH2
£260K04/230.17 mi33, Eade Road, Norwich, Norfolk NR3 3EH2
£168K07/230.17 mi30, Beaconsfield Road, Norwich, Norfolk NR3 4PW2
£188K01/210.17 mi17, Northcote Road, Norwich, Norfolk NR3 4QF2
£240K09/230.17 mi17, Northcote Road, Norwich, Norfolk NR3 4QF2
£200K01/210.17 mi47, Northcote Road, Norwich, Norfolk NR3 4QF2
£195K03/210.18 mi59, Sprowston Road, Norwich, Norfolk NR3 4QJ2
£200K08/210.18 mi95, Sprowston Road, Norwich, Norfolk NR3 4QJ2
£220K07/230.18 mi30, Rosebery Road, Norwich, Norfolk NR3 3NA2
£180K12/200.18 mi38, Rosebery Road, Norwich, Norfolk NR3 3NA2
£205K03/210.18 mi22, Rosebery Road, Norwich, Norfolk NR3 3NA2
£230K03/210.18 mi17, Rosebery Road, Norwich, Norfolk NR3 3NA2

Local Rents

48 rents from £840/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95010/240.05 mi-2
£1,00006/240.06 miClarke Road, Norwich, NR32
£1,10008/240.08 mi-2
£1,30003/250.09 mi-2
£89506/240.1 miGuernsey Road, Norwich2
£1,25006/240.11 miMagdalen Road, Norwich, 2
£1,20008/240.14 miBeaconsfield Road2
£1,10006/240.16 miNorwich, NR32
£99507/240.16 miSprowston Road, Norwich2
£1,00006/240.16 mi-2
£1,05007/240.16 miPatteson Road, Norwich, NR32
£1,15007/240.17 miBeaconsfield Road, NR32
£95006/240.17 miNorthcote Road, Norwich2
£99507/240.18 miMagpie Road, Norwich2
£90009/240.19 miMagpie Road2
£1,05006/240.19 miNorthcote Road2
£1,20006/240.19 miMagpie Road, Norwich, NR32
£1,20006/240.19 mi-2
£99506/240.19 miKnowsley Road, Norwich2
£1,05002/250.19 mi-2
£1,10008/240.2 miMarlborough Road, Norwich, Norfolk, NR32
£1,05007/240.2 miSpencer Street, Norwich, NR32
£1,10004/250.21 mi-2
£1,00008/240.21 miSpencer Street, Norwich, Norfolk, NR32
£1,05002/250.22 mi-2
£92507/240.22 miSt. Augustines Gate, Norwich2
£1,10006/240.23 miSpencer Street, NORWICH2
£1,20009/240.23 mi-2
£99506/240.24 mi-2
£1,00006/240.24 mi-2
£99506/240.24 miJust Off City Centre2
£1,20006/240.24 miRosebery Road, Norwich2
£1,05006/240.25 miSt. Martins At Oak Wall Lane, Norwich2
£1,15007/240.26 miChurchill Road, Norwich2
£90006/240.26 miBull Close Road, NORWICH2
£1,10006/240.26 miSt. Martins At Oak Wall Lane, Norwich2
£1,25008/240.27 miSt. Olaves Road, Norwich, NR32
£99507/240.27 miHoward Mews,Denmark RoadNorwich,NR3 4JU2
£99503/240.27 mi-2
£1,10001/250.27 mi-2
£84012/230.27 mi-2
£95006/240.27 miCross Keys Yard2
£95007/240.27 miCross Keys Yard2
£1,20006/240.28 miMagdalen Street, Norwich2
£92506/240.28 miEdward Street, Norwich2
£1,20008/240.28 miConstitution Hill, NORWICH2
£95008/240.28 miDalymond Court, NR3 3FH2
£97508/240.28 miDalymond Court, Norwich, NR3 3FH2

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.15 miles away

Nearest school

0.10 miles away

Nearest train station

1.12 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Price changed to £220,000

January 23, 2025

Listed for £230,000

October 15, 2024

Sold for £140,000

2007

Sold for £118,000

2006

Sold for £90,000

2005

Floor Plans

Description

  • No Onward Chain +
  • Two Bedroom Victorian Mid Terrace Cottage +
  • Ground Floor Shower Room +
  • En-Suite Shower To The Main Bedroom +
  • Gas Central Heating & Double Glazing +
  • Some Original Features +
  • Bisected Courtyard Leading To A 54` Adjoining Private Rear Garden +
  • Easy Access To A Wide Range Of Local Amenities +

This charming Victorian mid terrace cottage is located in a peaceful cul-de-sac just North of Norwich City centre. The accommodation comprises a welcoming lounge, dining room, kitchen, and a ground floor shower room. Upstairs, there are two spacious double bedrooms, with the main bedroom featuring an en-suite shower room. The property benefits from gas central heating and double glazing, offering modern comforts while retaining its character with original features such as stripped pine doors and fireplaces. Outside, the home boasts an enclosed front garden with a bisected courtyard leading to a fantastic 54` (stms) adjoining garden that provides a high degree of privacy. With No Onward Chain, this property is an ideal first time purchase. We have the keys available for viewings so early inspection is highly recommended.

This mid terrace cottage is situated on Albany Road, just North of Norwich`s historic Cathedral City centre. The location offers easy access to a wide range of local amenities, including charming cafes, pubs, shops, schools, and doctors` surgeries. The City centre is within walking distance, making it convenient for shopping, dining, and entertainment. Public transport links are excellent, with nearby bus stops providing regular services in and out of Norwich and to surrounding suburbs. This prime location combines the best of City living with a quiet, residential feel.

Double glazed front door to:-

Lounge - 12'4" (3.76m) x 11'5" (3.48m)
Double glazed window to the front, feature open fireplace, stripped pine door to:-

Lobby
Staircase to the first floor, stripped pine door to:-

Dining Rooom - 12'4" (3.76m) x 12'3" (3.73m) Into Recess
Double glazed window to the rear, feature living flame gas fireplace and surround, recessed under stairs space with cupboard housing electrical meters, stripped pine door to:-

Kitchen - 7'6" (2.29m) x 7'4" (2.24m)
Double glazed window to the side, double glazed door to the side,
base and wall units, work surfaces, single stainless seal sink and drainer, tiled splashbacks, space for a washing machine and fridge/freezer, gas hob with extractor hood over, electric oven and grill, stripped pine door to:-

Shower Room
Double glazed window to the side, shower area with electric shower, low- level WC, wash basin, tiled splashbacks, extractor fan, heated towel radiator.

First Floor Landing
Stripped pine doors to two bedrooms.

Bedroom 1 - 12'4" (3.76m) x 11'6" (3.51m)
Double glazed window to the front, stripped pine door to over stairs storage cupboard, feature cast iron fireplace.

Bedroom 2 - 12'3" (3.73m) x 10'4" (3.15m)
Double glazed window to the rear, stripped pine door to:-

Shower Room
Double glazed window to the side, shower cubicle, wash basin, tiled splashbacks, stripped pine door to cupboard housing the wall mounted gas boiler.

Outside
To the front there is a small low maintenance gravelled garden enclosed by fencing and mature hedging, timber gate and pathway to the front door. To the rear there is a bisected courtyard leading to a fantastic 54` (approx) garden (stms) which is mainly laid to flowerbeds with an old Anderson shelter, hedge and central opening to the far end of the garden. This area enjoys a high degree of privacy and would make a perfect spot for a secluded patio or positioning of a garden shed or workshop. The majority of the gardens are enclosed by a mixture of fencing and hedging.

Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.

Agent Details

Pymm & Co, Norwich

01603 361642

Next Steps?

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