2 Bed Terraced House, Single Let, Norwich, NR1 1JB, £230,000

Kerrison Road, Norwich, NR1 1JB - 1 views - 4 months ago

Leasehold
BTL
~68 m²
+17 photos

ValuationOvervalued

Sold Prices£128.5K - £1.3M
Sold Prices/m²£1.9K/m² - £5.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£212,731

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£900 - £1,600

Rent Estimate

£906

Running Costs/mo

£920

Cashflow/mo

£-14

Cashflow/yr

£-167

Gross Yield

5%

Local Sold Prices

50 sold prices from £128.5K to £1.3M, average is £227K. £1.9K/m² to £5.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£435K06/210.03 mi69, Kerrison Road, Norwich, Norfolk NR1 1JB2
£195K01/230.03 mi3, Kerrison Road, Norwich, Norfolk NR1 1JB2
£200K08/210.08 mi23, Hardy Road, Norwich, Norfolk NR1 1JL2
£238K04/230.08 mi13, Hardy Road, Norwich, Norfolk NR1 1JL2
£220K06/230.08 mi23, Hardy Road, Norwich, Norfolk NR1 1JL2
£170K12/200.1 mi43, Hardy Road, Norwich, Norfolk NR1 1JN2
£230K03/240.19 mi87, Carrow Road, Norwich, Norfolk NR1 1HP2
£160K04/230.19 mi89, Carrow Road, Norwich, Norfolk NR1 1HP2
£340K07/230.21 mi15, Cedar Road, Norwich, Norfolk NR1 1HL2
£195K04/210.23 mi12, Harbour Road, Norwich, Norfolk NR1 1HN2
£205K03/210.28 mi252, King Street, Norwich, Norfolk NR1 2BU2
£138K11/230.29 mi6, Alan Road, Norwich, Norfolk NR1 2BX2
£208K07/240.3 mi6, Stuart Road, Norwich, Norfolk NR1 2BY2
£155K01/230.31 mi82, Scott Road, Norwich, Norfolk NR1 1YR2
£140K01/230.31 mi113, Scott Road, Norwich, Norfolk NR1 1YL2
£1.3M07/240.32 mi118a, Thorpe Road, Norwich, Norfolk NR1 1RT2
£296.5K07/230.32 mi118b, Thorpe Road, Norwich, Norfolk NR1 1RT2
£258K04/240.35 mi74, Bracondale, Norwich, Norfolk NR1 2BE2
£350K04/240.39 mi58c, Bracondale, Norwich, Norfolk NR1 2AP2
£128.5K06/230.42 mi105, Rosary Road, Norwich, Norfolk NR1 4BX2
£230K11/230.42 mi92, Rosary Road, Norwich, Norfolk NR1 4BX2
£250K08/230.43 mi7, Bracondale Court, Norwich, Norfolk NR1 2AS2
£192.5K10/200.43 mi3a, Milverton Road, Norwich, Norfolk NR1 2AR2
£229K05/210.43 mi22, Bracondale, Norwich, Norfolk NR1 2AF2
£310K06/240.43 mi15a, Matlock Road, Norwich, Norfolk NR1 1TL2
£213.5K01/210.44 mi6, Bracondale Green, Norwich, Norfolk NR1 2AG2
£246K01/230.44 mi58, Ella Road, Norwich, Norfolk NR1 4BS2
£210K01/210.46 mi16, Marion Road, Norwich, Norfolk NR1 4BN2
£235.2K02/230.46 mi14, Marion Road, Norwich, Norfolk NR1 4BN2
£220K02/210.46 mi5, Marion Road, Norwich, Norfolk NR1 4BN2
£225K07/210.47 mi20, Doman Road, Norwich, Norfolk NR1 3AW2
£315K07/230.47 mi49, Cricket Ground Road, Norwich, Norfolk NR1 3BQ2
£240K04/230.47 mi47, Cricket Ground Road, Norwich, Norfolk NR1 3BQ2
£340K12/230.47 mi30, Cricket Ground Road, Norwich, Norfolk NR1 3BQ2
£215K11/230.47 mi8, Geoffrey Road, Norwich, Norfolk NR1 3BN2
£160K02/210.48 mi226, Queens Road, Norwich, Norfolk NR1 3HG2
£310K10/220.48 mi6, Mariners Lane, Norwich, Norfolk NR1 3AF2
£158.5K01/230.48 mi21, Mariners Lane, Norwich, Norfolk NR1 3AF2
£205K08/240.48 mi27, Florence Road, Norwich, Norfolk NR1 4BJ2
£270K11/230.48 mi6, Bellville Crescent, Norwich, Norfolk NR1 3AR2
£250K01/210.48 mi6, Bellville Crescent, Norwich, Norfolk NR1 3AR2
£245K01/230.49 mi7, Cremorne Lane, Norwich, Norfolk NR1 1TX2
£266K12/230.49 mi32, Carshalton Road, Norwich, Norfolk NR1 3BW2
£273K12/220.49 mi41, Carshalton Road, Norwich, Norfolk NR1 3BW2
£220K11/200.49 mi68, Rosary Road, Norwich, Norfolk NR1 1TQ2
£195K06/210.51 mi2, St Leonards Road, Norwich, Norfolk NR1 4BT2
£185K03/210.51 mi15, St Leonards Road, Norwich, Norfolk NR1 4BT2
£168K09/210.51 mi12, St Leonards Road, Norwich, Norfolk NR1 4BT2
£235K01/210.52 mi9, The Sidings, Norwich, Norfolk NR1 1GA2
£252.5K01/230.52 mi18, The Sidings, Norwich, Norfolk NR1 1GA2

Local Rents

50 rents from £900/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10006/240.04 miCarrow Road, Norwich2
£1,45003/250.09 mi-2
£1,45012/240.09 miSolace, Norwich, NR12
£1,45012/240.09 mi-2
£1,50002/240.1 mi-2
£1,35012/240.11 miGeoffrey Watling Way, Norwich, NR12
£1,35003/250.11 mi-2
£1,55003/240.11 mi-2
£1,40006/240.11 miGeoffrey Watling Way, NORWICH2
£1,35012/240.11 miRichard Hawthorn House, NR1 1GS2
£1,20006/240.11 miCanary Quay, NR12
£1,20006/240.11 miCanary Quay, NR12
£1,60012/240.11 miRichard Hawthorne House, Norwich2
£1,05012/240.11 miRobinson Bank, Norwich, NR1 1GG2
£1,25012/240.12 miLochhead Bank, Norwich2
£1,35012/240.13 miLochhead Bank, NR1 1GF2
£1,09512/240.13 miGeoffrey Watling Way, Norwich, Norfolk, NR12
£1,25006/240.13 mi-2
£1,20010/240.14 mi-2
£1,05006/240.15 miAllison Bank, Geoffrey Watling Way, Norwich2
£1,60006/240.16 miNorwich, NR12
£1,40006/240.16 miCity Centre, Norwich, NR12
£1,30006/240.17 miGeoffrey Watling Way, NORWICH2
£1,10006/240.19 miPaper Mill Yard, King Street, Norwich, NR12
£1,30006/240.19 mi-2
£1,30006/240.19 miPaper Mill Yard, Norwich, NR12
£1,20012/240.22 mi-2
£1,20012/240.23 miNorwich, NR12
£1,20006/240.23 miBlue Mill, Paper Mill Yard2
£1,30004/240.24 mi-2
£90002/240.24 mi-2
£1,40006/240.25 miThe Malt House, NR1 2TP2
£1,40006/240.26 miKing Street, Norwich2
£1,20012/240.26 miEastgate House, Thorpe Road, Norwich2
£1,07506/240.26 miFlat 5 Eastgate House, Thorpe Rd, Norwich2
£1,35006/240.27 miNew Ferry Yard2
£1,35006/240.27 mi-2
£1,25006/240.28 miThorpe Road, Norwich, 2
£1,30006/240.28 miWherry Road, NORWICH2
£1,35012/240.28 miWherry Road, Norwich, Norfolk, NR12
£1,20006/240.28 miKing Street, Norwich2
£1,50004/250.29 mi-2
£92506/240.3 miScott Road, Norwich, NR12
£1,10006/240.3 mi-2
£1,10012/240.3 mi-2
£1,15002/250.3 mi-2
£1,30012/240.3 miNorwich, NR12
£1,10012/240.3 miWherry Road, Norwich2
£1,27009/240.31 mi-2
£1,25006/240.31 miKing Street, NORWICH2

Local Area Statistics

Population in NR1

24,540

Population in Norwich

366,887

Town centre distance

1.51 miles away

Nearest school

0.60 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £230,000

December 11, 2024

Listed for £240,000

November 22, 2024

Sold for £195,000

2023

Floor Plans

Description

  • Recently renovated mid-terraced house +
  • The property is offered as fully furnished including all white goods and appliances +
  • Two well-sized bedrooms on the first floor +
  • Newly installed fully equipped modern kitchen +
  • Two reception rooms including a sitting room and dining room +
  • Family bathroom with a spacious modern shower +
  • Sizeable low maintenance garden to the rear and enclosed +
  • Private off-road parking on a driveway located at the front +
  • City centre location close to local amenities and the train station +
  • 200m from Carrow Road Stadium +

This recently renovated mid-terrace house offers a modern and fully furnished living space, ideal for those seeking a comfortable and stylish home. With two well-sized bedrooms and two reception rooms, the property provides ample room for living. The modern kitchen is fully equipped, additionally, the property boasts a low-maintenance garden with artificial grass, a paved walkway, and a gravel area, as well as off-road parking at the front. Conveniently located, this home is ready to move into and is ideal for those seeking a turn-key property. Location Kerrison Road is a residential street located within proximity to the city centre, offering easy access to a wide range of local amenities, including shops, cafes, and restaurants. The area benefits from good transport links, with a major railway station just a short distance away, providing direct connections to other regions. A selection of schools can also be found nearby, making it an attractive choice for families. The surrounding environment includes parks and green spaces, providing a balanced lifestyle with both urban convenience and outdoor tranquillity. The area is well-established, offering a blend of residential and commercial properties that cater to diverse needs. Kerrison Road, Norwich This fully furnished property is ready for you to move in, complete with all white goods and appliances. Enter through the front-facing lounge, featuring a large window that fills the room with natural light and tiled flooring. The lounge leads into the adjacent dining room, also with tiled floors, equipped with a four-seater dining room table and a convenient storage cupboard. Stairs to the first floor are located in this area. The sleek, fully equipped kitchen is a standout feature, boasting built-in wall and base units, generous countertop space, and a built-in oven and stove. It comes with all the necessary appliances, making it ideal for hassle-free meal preparation. A spacious bathroom completes the ground floor, featuring a step-in shower with glass panel doors, a toilet, a hand wash basin, and a towel rail. Upstairs, the master bedroom offers a front-facing window and is a spacious double room with carpeted flooring. The second bedroom, while smaller, is still generously sized with carpeted floors, perfect for a variety of uses. Outside, the low-maintenance garden features artificial grass, a paved walkway, and a gravel area, providing a stylish and easy-to-care-for outdoor space. Off-road parking is available on the driveway at the front of the property. Agents Note We understand that the property is being sold as a freehold. Connected to all mains such as water, electricity, drainage and gas. Tax Council Band - A Note: The current EPC rating reflects the property's condition prior to the last purchase, at which time there was no heating system installed.

EPC Rating: G Disclaimer Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details

Minors & Brady, Unthank Road, Norwich

01603 361808

Next Steps?

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