2 Bed Terraced House, Single Let, Norwich, NR2 3AY, £240,000

Belvoir Street, Norwich, NR2 3AY - 4 views - 5 months ago

Sold STC
BTL
~68 m²
+13 photos

ValuationFair Value

Sold Prices£150K - £370.3K
Sold Prices/m²£2.1K/m² - £5.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£237,544

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£800 - £2,900

Rent Estimate

£883

Running Costs/mo

£947

Cashflow/mo

£-64

Cashflow/yr

£-763

Gross Yield

4%

Local Sold Prices

51 sold prices from £150K to £370.3K, average is £246.1K. £2.1K/m² to £5.1K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£215K12/200.03 mi46, Gladstone Street, Norwich, Norfolk NR2 3BH2
£205K06/210.03 mi22, Gladstone Street, Norwich, Norfolk NR2 3BH2
£255.5K12/220.07 mi34, Alexandra Road, Norwich, Norfolk NR2 3EB2
£239.5K12/200.07 mi32, Alexandra Road, Norwich, Norfolk NR2 3EB2
£237K03/230.07 mi30, Alexandra Road, Norwich, Norfolk NR2 3EB2
£197K02/210.07 mi13, Stafford Street, Norwich, Norfolk NR2 3BA2
£197K02/210.07 mi13, Stafford Street, Norwich, Norfolk NR2 3BA2
£317.6K03/210.12 mi47, St Philips Road, Norwich, Norfolk NR2 3BN2
£245K02/230.13 mi97, Gladstone Street, Norwich, Norfolk NR2 3BJ2
£214.5K08/230.13 mi103, Gladstone Street, Norwich, Norfolk NR2 3BJ2
£218.5K12/200.14 mi73, Alexandra Road, Norwich, Norfolk NR2 3EA2
£240K06/210.14 mi100, Alexandra Road, Norwich, Norfolk NR2 3EA2
£150K03/210.14 mi107, Belvoir Street, Norwich, Norfolk NR2 3AZ2
£325K01/230.15 mi131, West Pottergate, Norwich, Norfolk NR2 4BW2
£248K10/210.17 mi75, Connaught Road, Norwich, Norfolk NR2 3BS2
£270K05/230.17 mi95, Connaught Road, Norwich, Norfolk NR2 3BS2
£250K11/230.17 mi111, Connaught Road, Norwich, Norfolk NR2 3BS2
£300K05/230.18 mi38, Havelock Road, Norwich, Norfolk NR2 3HG2
£265K09/210.18 mi74, Dereham Road, Norwich, Norfolk NR2 4BU2
£347K10/230.19 mi39, Havelock Road, Norwich, Norfolk NR2 3HQ2
£265K02/210.21 mi19, Wellington Road, Norwich, Norfolk NR2 3HT2
£262.5K09/210.21 mi45, Wellington Road, Norwich, Norfolk NR2 3HT2
£262.5K12/210.21 mi50, Wellington Road, Norwich, Norfolk NR2 3HT2
£307.5K03/230.21 mi36, Wellington Road, Norwich, Norfolk NR2 3HT2
£270K12/200.22 mi92, Stafford Street, Norwich, Norfolk NR2 3BG2
£288K03/240.22 mi86, Stafford Street, Norwich, Norfolk NR2 3BG2
£245K06/230.22 mi57, Edinburgh Road, Norwich, Norfolk NR2 3RJ2
£260K07/230.22 mi9, Edinburgh Road, Norwich, Norfolk NR2 3RJ2
£325K06/230.23 mi51, Connaught Road, Norwich, Norfolk NR2 3BP2
£241K09/230.23 mi17, Connaught Road, Norwich, Norfolk NR2 3BP2
£211K12/220.23 mi10, Adelaide Street, Norwich, Norfolk NR2 4JL2
£227K12/200.25 mi20, Denbigh Road, Norwich, Norfolk NR2 3AA2
£207.5K01/240.25 mi15, Denbigh Road, Norwich, Norfolk NR2 3AA2
£246.1K07/230.26 mi52, Caernarvon Road, Norwich, Norfolk NR2 3HX2
£180K12/200.26 mi117, Stafford Street, Norwich, Norfolk NR2 3BQ2
£150K05/230.26 mi19a, Nelson Street, Norwich, Norfolk NR2 4DN2
£265K06/210.26 mi23, Denbigh Road, Norwich, Norfolk NR2 3HH2
£275K06/210.28 mi80, Caernarvon Road, Norwich, Norfolk NR2 3HX2
£206.5K02/210.28 mi30, Helena Road, Norwich, Norfolk NR2 3BZ2
£367.5K04/230.29 mi32, Cardiff Road, Norwich, Norfolk NR2 3HS2
£265.4K09/230.29 mi61, Pembroke Road, Norwich, Norfolk NR2 3HD2
£230K06/230.3 mi23, Swansea Road, Norwich, Norfolk NR2 3HU2
£242.5K10/230.31 mi64, West End Street, Norwich, Norfolk NR2 4DP2
£254K12/220.32 mi101, West End Street, Norwich, Norfolk NR2 4DP2
£232.5K11/200.32 mi65, Caernarvon Road, Norwich, Norfolk NR2 3HY2
£275K03/210.35 mi35, Avenue Road, Norwich, Norfolk NR2 3HW2
£300K03/210.38 mi13, Trory Street, Norwich, Norfolk NR2 2RH2
£370.3K01/240.39 mi22, Ampthill Street, Norwich, Norfolk NR2 2RG2
£205K01/240.39 mi2, Nile Street, Norwich, Norfolk NR2 4JU2
£220K04/240.39 mi17, Nile Street, Norwich, Norfolk NR2 4JU2
£199.5K03/210.41 mi46, Grant Street, Norwich, Norfolk NR2 4HA2

Local Rents

50 rents from £800/mo to £2.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£97507/240.03 miNorwich2
£90006/240.04 miBelvoir Street, Golden Triangle2
£2,30006/240.05 mi-2
£1,50006/240.05 miEarlham Road, Norwich2
£89506/240.07 miAlexandra Road, Norwich, NR22
£1,25006/240.11 miPark Lane, Norwich2
£1,25003/250.12 mi-2
£1,15006/240.13 miGladstone Street, Norwich, NR2 3BJ2
£95006/240.13 miGladstone Street2
£97501/250.14 mi-2
£1,05006/240.14 miAlexandra Road, NORWICH2
£85002/240.16 mi-2
£99506/240.19 mi-2
£1,10008/240.19 mi-2
£95002/250.19 mi-2
£99506/240.19 miSt. Philips Road, Norwich, NR22
£1,20007/240.19 miSt. Philips Road, Norwich, NR22
£1,10007/240.19 miSt. Philips Road, Norwich, NR22
£2,85008/240.19 miDereham Road, Norwich2
£99505/240.19 mi-2
£95007/240.21 mi-2
£95007/240.21 miDenbigh House, Norwich, NR22
£1,10003/240.22 miGolden Triangle, NR22
£1,14002/250.25 mi-2
£1,15006/240.26 miCaernarvon Road, Norwich2
£1,25008/240.27 migolden triangle2
£1,10007/240.27 miHelena Road, Norwich, Norfolk, NR22
£1,30012/240.28 mi-2
£1,15006/240.28 miWinter Road, NORWICH2
£1,09506/240.28 miNeville Street, Norwich, NR2 2PR2
£1,32507/240.28 miDenbigh Road, Norwich, Norfolk, NR22
£87503/240.28 miAdelaide Street, Norwich, Norfolk, NR22
£1,25006/240.29 miSwansea Road, Norwich, NR22
£1,20006/240.29 miUnthank Road, Norwich, NR22
£1,20007/240.29 miUnthank Road, Norwich, NR22
£1,20006/240.29 miPembroke Road, NORWICH2
£1,09508/240.3 miUnthank Road, Norwich, Norfolk, NR22
£1,05006/240.32 miCaernarvon Road, Norwich2
£1,15007/240.32 miUnthank Road, NR2 2PB2
£2,90010/240.32 mi-2
£90002/250.32 mi-2
£1,25006/240.32 mi-2
£1,15001/250.32 mi-2
£98506/240.32 mi-2
£99904/250.32 mi-2
£90006/240.33 miDevonshire Street, Norwich, NR22
£80006/240.34 miMidland Walk, Norwich, NR2 4QP2
£1,09502/250.34 mi-2
£1,20002/250.36 mi-2
£1,10006/240.36 miWellington Lane, Norwich2

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

0.88 miles away

Nearest school

0.10 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £240,000

November 13, 2024

Sold for £194,000

2017

Sold for £129,000

2005

Sold for £69,950

2001

Floor Plans

Description

  • Grey Brick Victorian Terrace House +
  • Modern Open Plan Kitchen / Dining Room +
  • Modern Shower Room +
  • Two Double Bedrooms +
  • Gas Central Heating & Double Glazing +
  • Bisected Rear Garden +
  • Golden Triangle Location +
  • No Onward Chain +

* Guide Price £240,000 - £250,000 * ClaxtonBird are pleased to offer this well presented two bedroom grey brick Victorian terrace house, situated within the popular Golden Triangle area of Norwich. The property has been updated by the current owners, boasting a modern open plan kitchen / dining room with built in appliances, sitting room with feature Victorian fireplace and a contemporary shower room to the ground floor. To complete the accommodation, there are two double bedrooms off landing. Externally, there is a traditional Victorian terrace style garden to the front and a bisected lawned garden to the rear. Further benefits include double glazing and gas central heating throughout. The property is conveniently located just off Earlham Road, within a stones throw of the City Centre, bus services and other local amenities. Offered for sale with no onward chain.

Sitting Room - 3.61m max x 3.78m (11'10" max x 12'4") - Double entrance door, upvc sash look double glazed window to front aspect, Victorian style fireplace, shelving to recess, wood effect floor and radiator.

Open Plan Kitchen / Dining Room - 4.27m max x 3.80m max (14'0" max x 12'5" max) - Fitted kitchen comprising wall and base units with work surfaces over and tiled splash backs, stainless steel sink drainer with mixer tap, built in oven, hob and extractor, space for fridge freezer, built in dishwasher, plumbing for washing machine, space for dining table and chairs, under stairs storage cupboard, wall mounted central heating boiler, wood effect floor, upvc double glazed windows to rear and side aspect and upvc double glazed door leading out to the garden.

Bathroom - 2.05m x 1.97m (6'8" x 6'5") - Suite comprising double shower cubicle with inset shower, wash hand basin, WC, part tiled walls, spot lights, extractor fan, towel rail radiator and upvc double glazed window to side aspect.

First Floor Landing -

Bedroom - 3.77m max x 3.64 (12'4" max x 11'11") - Upvc double glazed sash look window to front aspect, picture rail and radiator.

Bedroom - 3.79m max x 2.76m (12'5" max x 9'0") - Upvc double glazed window to rear aspect, picture rail, over stairs storage cupboard and radiator.

Front Garden - Traditional Victorian terrace style garden with pathway leading to the entrance door.

Rear Garden - Bisected garden enclosed by fencing laid predominately to lawn with shrub borders and timber storage shed.

Agents Note - Council Tax Band B
EPC Rating D

The property was re-roofed in 2021 and had a new boiler installed in 2017

Agent Details

ClaxtonBird, Norwich

01603 361650

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪