3 Bed Semi-Detached House, Single Let, Norwich, NR1 3QX, £625,000

37 Victoria Street, Norwich, Norfolk, NR1 3QX - 2 views - 5 months ago

BTL
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£140K - £770K
Sold Prices/m²£1.8K/m² - £5.2K/m²

 

 

Square Metres

~93 m²
Price/m²£6.7K/m²

Value Estimate

£313,551

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£38,700

Total Cash In

£194,950

 

 

Cash Out

 

Rent Range

£1,000 - £2,000

Rent Estimate

£1,038

Running Costs/mo

£2,181

Cashflow/mo

£-1,143

Cashflow/yr

£-13,713

Gross Yield

2%

Local Sold Prices

49 sold prices from £140K to £770K, average is £290K. £1.8K/m² to £5.2K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£392.5K06/210.02 mi8, Victoria Street, Norwich, Norfolk NR1 3QX3
£475K12/220.03 mi8, Victoria Street, Norwich, Norfolk NR1 3QX3
£425K08/210.07 mi13, Wood Street, Norwich, Norfolk NR1 3RD3
£391.3K10/200.07 mi16, Wood Street, Norwich, Norfolk NR1 3RD3
£500K02/210.07 mi25, St Stephens Square, Norwich, Norfolk NR1 3SS3
£440K11/220.09 mi15, St Stephens Square, Norwich, Norfolk NR1 3SS3
£280K03/230.14 mi25, Grove Road, Norwich, Norfolk NR1 3RQ3
£300K09/230.17 mi32, Grove Avenue, Norwich, Norfolk NR1 2QD3
£322K09/210.17 mi18, Grove Avenue, Norwich, Norfolk NR1 2QD3
£320K04/210.17 mi36, Grove Avenue, Norwich, Norfolk NR1 2QD3
£347K12/230.2 mi36, Sarah West Close, Norwich, Norfolk NR2 2TE3
£249.6K12/200.21 mi34, Rowington Road, Norwich, Norfolk NR1 3RR3
£241.5K11/200.21 mi18, Rowington Road, Norwich, Norfolk NR1 3RR3
£252K08/230.21 mi127, Southwell Road, Norwich, Norfolk NR1 3RS3
£415K08/230.21 mi30, Brunswick Road, Norwich, Norfolk NR2 2TF3
£325K03/210.21 mi60, Brunswick Road, Norwich, Norfolk NR2 2TF3
£340K01/240.21 mi26, Brunswick Road, Norwich, Norfolk NR2 2TF3
£242.5K09/230.23 mi53, Ashby Street, Norwich, Norfolk NR1 3PT3
£248K02/210.23 mi85, Ashby Street, Norwich, Norfolk NR1 3PT3
£227.5K05/240.23 mi71, Ashby Street, Norwich, Norfolk NR1 3PT3
£550K02/220.24 mi22, Ipswich Grove, Norwich, Norfolk NR2 2LU3
£352.1K01/210.25 mi6, Trix Road, Norwich, Norfolk NR2 2HB3
£362.5K11/200.27 mi20, Newmarket Street, Norwich, Norfolk NR2 2DW3
£681K07/210.28 mi24, Newmarket Road, Norwich, Norfolk NR2 2LA3
£375K06/210.29 mi50, Trinity Street, Norwich, Norfolk NR2 2BH3
£250.5K03/240.29 mi52, Trinity Street, Norwich, Norfolk NR2 2BH3
£245K01/240.29 mi45, Trinity Street, Norwich, Norfolk NR2 2BH3
£277.5K11/230.3 mi122, Cambridge Street, Norwich, Norfolk NR2 2BE3
£255K07/230.3 mi124, Cambridge Street, Norwich, Norfolk NR2 2BE3
£263K07/210.3 mi39, Trafford Road, Norwich, Norfolk NR1 2QP3
£180K12/230.3 mi38, Globe Place, Norwich, Norfolk NR2 2SQ3
£227K10/230.32 mi16, Sigismund Road, Norwich, Norfolk NR1 2RJ3
£217K10/200.32 mi14, Sigismund Road, Norwich, Norfolk NR1 2RJ3
£287.5K07/230.32 mi14, Sigismund Road, Norwich, Norfolk NR1 2RJ3
£306.5K11/230.32 mi29, Sigismund Road, Norwich, Norfolk NR1 2RJ3
£245K02/210.32 mi4, Lion And Castle Yard, Norwich, Norfolk NR1 3JT3
£450K08/230.32 mi90, York Street, Norwich, Norfolk NR2 2AP3
£370K12/200.32 mi90, York Street, Norwich, Norfolk NR2 2AP3
£277.5K07/230.32 mi114, York Street, Norwich, Norfolk NR2 2AP3
£140K01/210.33 mi21, Eagle Walk, Norwich, Norfolk NR2 2JA3
£770K06/230.34 mi45a, Newmarket Road, Norwich, Norfolk NR2 2HN3
£250K02/230.34 mi94, Rupert Street, Norwich, Norfolk NR2 2AT3
£253.2K02/210.36 mi110, Newmarket Street, Norwich, Norfolk NR2 2DP3
£257K12/200.36 mi67, Newmarket Street, Norwich, Norfolk NR2 2DP3
£318.5K11/200.36 mi2, Allens Lane, Norwich, Norfolk NR2 2JB3
£320K08/240.36 mi9, Eleanor Road, Norwich, Norfolk NR1 2RF3
£282.5K11/210.36 mi53, Leicester Street, Norwich, Norfolk NR2 2AS3
£225K10/210.36 mi30, Leicester Street, Norwich, Norfolk NR2 2AS3
£290K01/230.36 mi54, Leicester Street, Norwich, Norfolk NR2 2AS3

Local Rents

50 rents from £1K/mo to £2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,50002/250.09 mi-3
£1,30002/250.13 mi-3
£1,40006/240.16 miGrove Avenue, Norwich, 3
£1,30006/240.17 miGrove Avenue, Norwich, NR13
£1,80006/240.18 miKenneth Mckee Plain, Norwich, Norfolk3
£1,50003/240.2 miHeigham Cottage, Brunswick Road, Norwich NR2 2HA3
£1,40006/240.21 miBrunswick Road, Norwich3
£1,50007/240.21 miBrunswick Road, Fellowes Plain, Norwich3
£1,20008/240.21 miNorwich3
£1,47506/240.22 miBrunswick Road, Norwich, NR23
£1,65006/240.22 miCity Centre, Norwich, NR23
£1,49512/240.23 miAll Saints Green, Norwich, Norfolk, NR13
£1,50007/240.24 miUnion Street, Fellowes Plain, Norwich3
£1,35003/240.27 miHanover Road, Norwich NR2 2HD3
£1,25003/240.27 miNewmarket Street, Norwich, NR2 2DW3
£1,30003/250.28 mi-3
£1,40003/250.28 mi-3
£1,30002/240.3 mi-3
£1,40009/240.3 mi-3
£1,10007/240.35 miNewmarket Street, Norwich3
£1,10008/240.36 miNewmarket Street, Norwich, NR23
£1,10006/240.36 miLeicester Street, Norwich, Norfolk, NR23
£1,45506/240.36 miLeicester Street, Norwich, Norfolk, NR23
£1,75003/240.38 miLeicester Street, Norwich, NR2 2DZ3
£1,05006/240.39 miNorwich3
£1,20006/240.4 miEssex Street, Norwich NR2 2BL3
£1,20006/240.4 miYork Street, NORWICH3
£1,25007/240.4 miThe Old Barley Market, Norwich, NR23
£1,25007/240.4 miThe Old Barley Market, Norwich, NR23
£1,35006/240.4 miLeicester Street, Norwich NR2 2AS3
£1,09005/240.41 mi-3
£1,79507/240.44 miSt. Giles Street, Norwich, NR23
£1,29506/240.45 miRutland Street, Norwich, Norfolk, NR23
£1,29507/240.45 miRutland Street, Norwich, Norfolk, NR23
£2,00008/240.48 miCambridge Street, Norwich, NR23
£2,00009/240.48 mi-3
£1,60007/240.48 miYork Street, Norwich, NR2 3
£1,14006/240.5 miOnley Street, Norwich NR2 2EB3
£1,20007/240.5 miBury Street, Norwich, NR23
£1,30006/240.5 miOnley Street, NORWICH3
£1,35012/240.51 miKing Street, NORWICH3
£1,55002/250.51 mi-3
£1,00006/240.51 miNormandie Tower, Norwich, 3
£1,00012/240.51 miNormandie Tower, Rouen Road, Norwich3
£1,30006/240.52 mi-3
£1,40003/240.52 miNeville Street, Norwich, Norfolk, NR23
£1,20007/240.52 miDukes Court, Wellington Lane, Norwich, NR23
£1,20003/240.52 miDukes Court, Wellington Lane, Norwich, NR23
£1,47506/240.52 mi-3
£1,47506/240.52 miDamocles Court, Norwich, NR23

Local Area Statistics

Population in NR1

24,540

Population in Norwich

366,887

Town centre distance

1.19 miles away

Nearest school

0.20 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £625,000

November 6, 2024

Sold for £420,500

2016

Sold for £144,000

2012

Sold for £225,000

2009

Floor Plans

Description

  • No Onward Chain +
  • Regency House +
  • Underfloor Heating Throughout +
  • Air Source Heat Pump +
  • Grade II Listed +
  • Period Features +
  • Excellent Condition +
  • South Facing Walled Garden +
  • Off Street Parking +
  • A Few Hundred Meters from Norwich City Centre +

37 Victoria Street is an attractive Regency semi-detached property presented in excellent condition and with off street parking. Built of red brick elevations under a slate tile roof, the property is Grade II Listed and located in a conservation area. Entering through the front door with fan light under an arched doorway, the entrance hall is light and airy with tiled floor and elegant staircase. Two reception rooms flank the entrance hall on either side, to the left a sitting room and a dining room to the right, both with hardwood floors, feature fireplaces, sash windows and shutters. To the rea of the property is a study with fitted double desk looking out to the south facing garden. Adjacent to this is an extended and contemporary kitchen with Velux window, tiled floor, Miele appliances, breakfast bar and door to the rear garden. A staircase with glass balustrade leads down to the lower ground floor cinema room which is fully wired for a home cinema. Upstairs on the first floor is the principal bedroom with fitted wardrobes. There are two further bedrooms, one with a bespoke fitted bunk bed, and a fully tiles shower room with walk in shower unit. The property benefits from underfloor heating throughout provided by air source heat pumps.

Outside, the property enjoys a south facing landscaped rear walled garden with granite setts pathways, brick terrace, raised plant beds, a lawned area with mature pear tree and wisteria against the southern elevation. There is a shed with power and an Anderson EV charger that can be accessed through a side gate to a granite setts driveway providing off street parking in the front garden.

Victoria Street is located just a few hundred meters from Norwich city centre which offers a comprehensive range of commercial entertainment, cultural amenities and excellent schooling. Norwich has a main railway station providing regular service to London and Cambridge. On the north side of the city is Norwich International Airport which caters for both domestic and international flight destinations.

Agent Details

Strutt & Parker, Norwich

01603 361891

Next Steps?

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