3 Bed Terraced House, Single Let, Norwich, NR6 6JQ, £200,000

Pennyroyal, Old Catton, NR6 6JQ - 5 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£150K - £392.5K
Sold Prices/m²£1.9K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£231,394
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£1,050 - £1,350

Rent Estimate

£1,050

Running Costs/mo

£855

Cashflow/mo

£195

Cashflow/yr

£2,340

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £150K to £392.5K, average is £225K. £1.9K/m² to £4.1K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£165K05/210 mi29, Pennyroyal, Norwich, Norfolk NR6 6JQ3
£163.5K08/210.05 mi58, Pennyroyal, Norwich, Norfolk NR6 6JH3
£238K10/230.05 mi63, Pennyroyal, Norwich, Norfolk NR6 6JH3
£230K07/230.07 mi8, Woodruff Close, Norwich, Norfolk NR6 6JL3
£225K12/220.07 mi22, Woodruff Close, Norwich, Norfolk NR6 6JL3
£235K01/230.08 mi4, Woodruff Close, Norwich, Norfolk NR6 6JL3
£210K12/200.11 mi21, Southerwood, Norwich, Norfolk NR6 6JN3
£245.5K03/230.11 mi9, Southerwood, Norwich, Norfolk NR6 6JN3
£357K09/230.13 mi72, Marauder Road, Norwich, Norfolk NR6 6HD3
£213K09/210.13 mi37, Rosebay Close, Norwich, Norfolk NR6 6DX3
£185K12/200.13 mi7, Rosebay Close, Norwich, Norfolk NR6 6DX3
£188.5K03/210.16 mi17, Blickling Road, Norwich, Norfolk NR6 6DQ3
£230K03/230.16 mi33, Blickling Road, Norwich, Norfolk NR6 6DQ3
£185K05/210.16 mi13, Blickling Road, Norwich, Norfolk NR6 6DQ3
£250K09/210.19 mi7, Heyford Road, Norwich, Norfolk NR6 6GB3
£325K01/230.22 mi11, Beaufort Close, Norwich, Norfolk NR6 6GA3
£174K01/210.26 mi31, Oulton Road, Norwich, Norfolk NR6 6DE3
£232.5K02/230.26 mi38, Oulton Road, Norwich, Norfolk NR6 6DE3
£182K11/200.26 mi16, Oulton Road, Norwich, Norfolk NR6 6DE3
£190K04/210.26 mi46, Oulton Road, Norwich, Norfolk NR6 6DE3
£190K02/240.26 mi40, Oulton Road, Norwich, Norfolk NR6 6DE3
£223K05/240.26 mi31, Oulton Road, Norwich, Norfolk NR6 6DE3
£150K05/210.28 mi38, Stirling Road, Norwich, Norfolk NR6 6GF3
£167K03/210.28 mi3, Bussey Road, Norwich, Norfolk NR6 6JE3
£225K02/210.28 mi40, Church Street, Old Catton, Norwich, Norfolk NR6 7DR3
£350K06/210.28 mi68, Church Street, Old Catton, Norwich, Norfolk NR6 7DR3
£210K06/210.28 mi38, Church Street, Old Catton, Norwich, Norfolk NR6 7DR3
£200K01/240.29 mi2, Fiddlewood Road, Norwich, Norfolk NR6 6DW3
£235K12/200.3 mi8, Taylors Lane, Norwich, Norfolk NR6 7BE3
£170K12/200.3 mi11, Spencer Road, Norwich, Norfolk NR6 6DF3
£170K12/200.3 mi11, Spencer Road, Norwich, Norfolk NR6 6DF3
£184K02/210.3 mi31, Spencer Road, Norwich, Norfolk NR6 6DF3
£200K08/240.3 mi16, Spencer Road, Norwich, Norfolk NR6 6DF3
£325K02/210.31 mi28, Players Way, Norwich, Norfolk NR6 7AU3
£220K09/230.33 mi15, Bussey Road, Norwich, Norfolk NR6 6JF3
£187K10/230.34 mi30, Blacksmiths Way, Norwich, Norfolk NR6 7DT3
£268K05/230.34 mi45, Blacksmiths Way, Norwich, Norfolk NR6 7DT3
£280K05/230.34 mi3, Blacksmiths Way, Norwich, Norfolk NR6 7DT3
£330K01/230.35 mi9, Players Way, Norwich, Norfolk NR6 7AU3
£263K08/210.35 mi15, Audax Road, Norwich, Norfolk NR6 6GL3
£263.3K03/210.35 mi3, Audax Road, Norwich, Norfolk NR6 6GL3
£165K12/200.37 mi30, Dogwood Road, Norwich, Norfolk NR6 6JW3
£315K01/240.37 mi12, Bronde Close, Norwich, Norfolk NR6 7LN3
£266K05/210.4 mi18, Partridge Way, Norwich, Norfolk NR6 6TU3
£275K10/230.4 mi13, Partridge Way, Norwich, Norfolk NR6 6TU3
£310K04/210.4 mi6, Partridge Way, Norwich, Norfolk NR6 6TU3
£358K07/240.4 mi9, Partridge Way, Norwich, Norfolk NR6 6TU3
£161.3K04/210.42 mi32, Priors Drive, Norwich, Norfolk NR6 7LJ3
£392.5K05/230.43 mi12, Douglas Close, Norwich, Norfolk NR6 6DH3
£227K11/200.44 mi27, Lodge Farm Drive, Norwich, Norfolk NR6 7LP3

Local Rents

11 rents from £1.1K/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.1 miOld Catton3
£1,10006/240.13 miRosebay Close, Norwich3
£1,17503/250.21 mi-3
£1,20012/240.22 miBeaufort Close, Old Catton, Norwich3
£1,30001/250.26 mi-3
£1,30012/240.3 mi-3
£1,35006/240.37 miHartbee Road, Norwich, Norfolk, NR63
£1,20012/240.42 miPriors Drive, Norwich3
£1,05006/240.52 miSpixworth Road, Old Catton, Norwich, NR63
£1,05003/250.53 mi-3
£1,35012/240.58 miSilk Mill Road, Hellesdon, Norfolk, NR63

Local Area Statistics

Population in NR6

24,173

Population in Norwich

366,887

Town centre distance

1.58 miles away

Nearest school

0.20 miles away

Nearest train station

2.57 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £200,000

October 16, 2024

Sold for £62,000

2001

Floor Plans

Description

  • No Onward Chain +
  • Close To A Range Of Local Amenities +
  • Three Bedrooms +
  • Double Glazing +
  • Gas Central Heating +
  • Off Road Parking +
  • Enclosed Rear Garden +
  • Requires Some Updating +

This three bedroom mid terrace house, offered with NO ONWARD CHAIN, is located on the Northern outskirts of Old Catton. The accommodation includes an entrance hall, cloakroom, kitchen/diner, and a spacious 20` lounge. Upstairs, there are three bedrooms and a bathroom off the landing. The property features double glazing and gas central heating. Outside, there is a front lawn and off road parking, and a private enclosed rear garden. While the house requires some updating, it presents an excellent opportunity for a first time buyer or an investment purchase.

Located in Pennyroyal, North of Norwich, on the outskirts of Old Catton, this property enjoys a prime position with excellent local amenities and transport links. Norwich International Airport is just a short drive away, offering convenience for both domestic and international travel. The area is well served by local supermarkets, shops, and a welcoming pub, all within easy reach. Public transport links into Norwich City centre are frequent and reliable, making commuting hassle free. Additionally, there is quick and easy access to the Northern Distributor Road (NDR), ensuring efficient travel to surrounding areas and beyond. This location is ideal for those seeking a blend of suburban tranquility with connectivity to key amenities and routes.

Double glazed front door to:-

Entrance Hall
Staircase to the first floor with recess storage space under.

Cloakroom
Double glazed window to the front, level WC, wash basin, tiled splashbacks.

Kitchen/Diner - 12'0" (3.66m) x 9'3" (2.82m)
Double glazed window to the front, fitted with a range of base and wall units, work surfaces, single stainless steel sink and drainer with taps over, tiled splashbacks, space for a washing machine, fridge/freezer and cooker.

Lounge - 20'6" (6.25m) x 11'0" (3.35m) Max
Double glazed window to the rear, double glazed French doors to the rear garden.

First Floor Landing
Loft hatch, storage cupboard, cupboard housing the wall mounted gas boiler.

Bedroom 1 - 12'2" (3.71m) x 10'4" (3.15m)
Double glazed window to the front.

Bedroom 2 - 12'10" (3.91m) x 10'5" (3.18m)
Double glazed window to the rear.

Bedroom 3 - 9'1" (2.77m) x 6'9" (2.06m)
Double glazed window to the rear.

Bathroom
Double glazed window to the front, bath with electric shower over, wash basin, low level WC, tiled splashbacks.

Outside
To the front there is a lawned garden with a pathway to the front door. There is one allocated off road parking space. To the rear there is a patio area extending to the lawn with a brick built garden shed, all enclosed by mainly timber fencing.

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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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