2 Bed Terraced House, Single Let, Norwich, NR6 6HH, £230,000

Sold STC

BTL

~68 m²

+4 photos

ValuationOvervalued

Sold Prices	£150K - £313K
Sold Prices/m²	£2.3K/m² - £4.2K/m²

Square Metres	~68.11 m²
Price/m²	£3.4K/m²
Value Estimate	£204,443£204,443

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£57,500£57,500
Stamp Duty & Legal Fees	£8,100£8,100
Total Cash In	£65,600£65,600

Cash Out
Rent Range	£725 - £1,200£725 - £1,200
Rent Estimate	£709
Running Costs/mo	£881£881
Cashflow/mo	£-172£-172
Cashflow/yr	£-2,064£-2,064
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £150K to £313K, average is £211K. £2.3K/m² to £4.2K/m², average is £3.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£185K	03/21	0.02 mi	22, Defiant Road, Norwich, Norfolk NR6 6HH	£3,179	58	2	Terraced House
£200K	03/21	0.05 mi	39, Marauder Road, Norwich, Norfolk NR6 6HD	£3,350	60	2	Terraced House
£220K	07/23	0.08 mi	50, Pennyroyal, Norwich, Norfolk NR6 6JH	£2,933	75	2	Terraced House
£260K	08/21	0.1 mi	53, Catton Chase, Norwich, Norfolk NR6 7AS	£3,296	79	2	Semi-Detached House
£313K	04/23	0.13 mi	209, St Faiths Road, Norwich, Norfolk NR6 7AQ	-	-	2	Detached House
£170K	10/20	0.14 mi	11, Bryony Close, Norwich, Norfolk NR6 6JD	£2,291	74	2	Terraced House
£214K	12/22	0.14 mi	6, Bryony Close, Norwich, Norfolk NR6 6JD	-	-	2	Terraced House
£215K	12/22	0.16 mi	11, Blickling Road, Norwich, Norfolk NR6 6DQ	£3,359	64	2	Terraced House
£175K	04/23	0.17 mi	3, Blickling Road, Norwich, Norfolk NR6 6DQ	£2,734	64	2	Terraced House
£220K	01/23	0.17 mi	2, Blickling Road, Norwich, Norfolk NR6 6DQ	£3,385	65	2	Terraced House
£220K	03/23	0.19 mi	49, Spencer Road, Norwich, Norfolk NR6 6DG	£3,385	65	2	Terraced House
£159K	05/21	0.19 mi	71, Spencer Road, Norwich, Norfolk NR6 6DG	£2,446	65	2	Terraced House
£185.5K	08/23	0.19 mi	86, Spencer Road, Norwich, Norfolk NR6 6DG	£3,002	62	2	Terraced House
£235K	06/23	0.19 mi	71, Spencer Road, Norwich, Norfolk NR6 6DG	£3,615	65	2	Terraced House
£182K	10/20	0.19 mi	34, Southerwood, Norwich, Norfolk NR6 6JN	£2,427	75	2	Terraced House
£185K	08/21	0.21 mi	25, Rosebay Close, Norwich, Norfolk NR6 6DX	-	-	2	Terraced House
£190K	09/23	0.21 mi	40, Rosebay Close, Norwich, Norfolk NR6 6DX	£2,500	76	2	Terraced House
£210K	04/23	0.31 mi	42, Spencer Road, Norwich, Norfolk NR6 6DF	£3,231	65	2	Semi-Detached House
£150K	01/23	0.31 mi	56, Bussey Road, Norwich, Norfolk NR6 6DN	£2,773	54	2	Terraced House
£198K	08/21	0.34 mi	26, Blacksmiths Way, Norwich, Norfolk NR6 7DT	£2,455	81	2	Terraced House
£178K	06/21	0.36 mi	46, Priors Drive, Norwich, Norfolk NR6 7LJ	£2,967	60	2	Terraced House
£215K	03/23	0.36 mi	48, Priors Drive, Norwich, Norfolk NR6 7LJ	£3,923	55	2	Semi-Detached House
£220K	11/23	0.36 mi	47, Priors Drive, Norwich, Norfolk NR6 7LJ	£3,943	56	2	Semi-Detached House
£210K	04/23	0.36 mi	68, Priors Drive, Norwich, Norfolk NR6 7LJ	-	-	2	Terraced House
£215K	09/23	0.36 mi	17, Lodge Farm Drive, Norwich, Norfolk NR6 7LP	£3,902	55	2	Terraced House
£203.5K	02/21	0.36 mi	31, Lodge Farm Drive, Norwich, Norfolk NR6 7LP	£3,506	58	2	Semi-Detached House
£192.5K	07/21	0.36 mi	54, Evans Way, Norwich, Norfolk NR6 7LR	£3,325	58	2	Terraced House
£173.5K	12/20	0.36 mi	45, Evans Way, Norwich, Norfolk NR6 7LR	£2,941	59	2	Terraced House
£250K	05/23	0.36 mi	31, Evans Way, Norwich, Norfolk NR6 7LR	-	-	2	Terraced House
£225K	12/22	0.36 mi	48, Evans Way, Norwich, Norfolk NR6 7LR	£3,879	58	2	Terraced House
£195K	07/21	0.38 mi	55, Lodge Farm Drive, Norwich, Norfolk NR6 7LP	-	-	2	Semi-Detached House
£235K	11/22	0.41 mi	36, Lindley Close, Norwich, Norfolk NR6 7LL	£3,456	68	2	Terraced House
£187K	05/21	0.41 mi	36, Lindley Close, Norwich, Norfolk NR6 7LL	£2,750	68	2	Terraced House
£208K	11/23	0.41 mi	24, Lindley Close, Norwich, Norfolk NR6 7LL	£3,649	57	2	Terraced House
£205K	05/24	0.41 mi	27, Lindley Close, Norwich, Norfolk NR6 7LL	£2,642	78	2	Terraced House
£230K	11/22	0.41 mi	14, Lindley Close, Norwich, Norfolk NR6 7LL	£4,107	56	2	Terraced House
£215K	09/23	0.44 mi	130, Lodge Lane, Norwich, Norfolk NR6 7HJ	-	-	2	Semi-Detached House
£152K	10/23	0.48 mi	34, Dogwood Road, Norwich, Norfolk NR6 6JW	-	-	2	Terraced House
£215K	04/21	0.5 mi	173, Spixworth Road, Norwich, Norfolk NR6 7DY	£3,418	63	2	Terraced House
£181.6K	07/21	0.5 mi	167, Spixworth Road, Norwich, Norfolk NR6 7DY	£2,928	62	2	Terraced House
£220K	03/24	0.5 mi	167, Spixworth Road, Norwich, Norfolk NR6 7DY	£3,548	62	2	Terraced House
£250K	11/21	0.51 mi	99, Spixworth Road, Norwich, Norfolk NR6 7NH	-	-	2	Detached House
£260K	01/24	0.52 mi	318, St Faiths Road, Norwich, Norfolk NR6 7BL	-	-	2	Bungalow
£213K	04/21	0.52 mi	98, Mile Cross Lane, Norwich, Norfolk NR6 6SH	£2,840	75	2	Detached House
£230K	01/23	0.52 mi	106, Mile Cross Lane, Norwich, Norfolk NR6 6SH	£2,674	86	2	Semi-Detached House
£200K	05/24	0.54 mi	76, Fiddlewood Road, Norwich, Norfolk NR6 6JP	£2,857	70	2	Terraced House
£220K	10/23	0.56 mi	73, Norman Drive, Norwich, Norfolk NR6 7HW	-	-	2	Semi-Detached House
£275K	01/23	0.59 mi	107, The Paddocks, Norwich, Norfolk NR6 7HE	£4,231	65	2	Semi-Detached House
£190K	02/21	0.59 mi	73, The Paddocks, Norwich, Norfolk NR6 7HE	£3,115	61	2	Semi-Detached House
£212K	10/21	0.61 mi	11, Billing Close, Norwich, Norfolk NR6 7EL	£3,911	54	2	Terraced House

Local Rents

35 rents from £725/mo to £1.2K/mo, average is £925/mo.

Rent	Date	Distance	Address	Beds	Type
£1,100	06/24	0.05 mi	NR6	2	Detached House
£1,200	12/24	0.08 mi	Pennyroyal, Norwich, NR6	2	Semi-Detached House
£1,050	03/24	0.41 mi	Catton, North Of The City	2	Terraced House
£1,200	12/24	0.51 mi	-	2	Terraced House
£895	06/24	0.62 mi	St Faiths Lane, Old Catton, NR6	2	Terraced House
£950	06/24	0.74 mi	-	2	Terraced House
£1,195	01/25	0.81 mi	-	2	Bungalow
£850	06/24	0.82 mi	Baxter Court, NR3	2	Flat
£900	03/25	0.86 mi	-	2	Flat
£950	11/24	0.88 mi	-	2	Flat
£950	11/24	0.88 mi	-	2	Flat
£825	06/24	0.88 mi	Catton View Court, Norwich, NR3	2	Flat
£895	07/24	0.88 mi	Catton View Court, Norwich	2	Flat
£995	03/25	0.9 mi	-	2	Flat
£900	10/24	0.9 mi	-	2	Flat
£900	03/25	0.9 mi	-	2	Flat
£925	09/24	0.9 mi	Lilburne Avenue, Norwich, NR3	2	Flat
£875	07/24	0.91 mi	White House Court,Norwich,NR3	2	Flat
£990	03/25	0.92 mi	-	2	Flat
£895	02/25	0.92 mi	-	2	Flat
£1,200	06/24	1.04 mi	Denton Road, Norwich	2	Detached House
£725	07/24	1.06 mi	Rackham Road, Norwich, NR3	2	House
£900	06/24	1.06 mi	-	2	Terraced House
£895	06/24	1.07 mi	Wilks Farm Drive, Sprowston, Norwich, NR7	2	Flat
£950	03/24	1.07 mi	Wilks Farm Drive,Sprowston,Norwich,NR7	2	Semi-Detached House
£795	12/24	1.07 mi	Neville Road, Norwich, Norfolk, NR7	2	Bungalow
£1,150	07/24	1.08 mi	-	2	Terraced House
£1,150	06/24	1.08 mi	Rackham Road, Norwich, NR3	2	Terraced House
£925	06/24	1.09 mi	School Lane, NR7 8TR	2	Flat
£995	07/24	1.17 mi	Sprowston Road, Norwich	2	Terraced House
£995	08/24	1.17 mi	Sprowston Road, Norwich	2	Terraced House
£850	06/24	1.18 mi	Brockwell Court, Norwich, NR3	2	Semi-Detached House
£900	03/24	1.2 mi	Mousehold Lane, NR7	2	Flat
£800	06/24	1.21 mi	Glenmore Gardens, Norwich, Norfolk, NR3	2	Flat
£925	06/24	1.21 mi	Church View Court, NORWICH	2	Flat

Local Area Statistics

Population in NR6	24,17324,173
Population in Norwich	366,887366,887
Town centre distance	1.66 miles away1.66 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	2.64 miles away2.64 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+6%+6%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+19%+19%

Property History

Listed for £230,000

November 29, 2024

Sold for £185,000

2021

Sold for £124,950

2014

Sold for £142,500

2012

Sold for £142,950

2006

Sold for £107,995

2003

Description

Ideal first time buy +
Stylish open plan living area +
Two bedrooms +
Garage and parking +
Close to local amenities +
Viewing advised +

abbotFox presents this stylish, modern terraced house. Occupying a quiet position, within a popular residential development, this home has been meticulously improved by the current owners to a high standard throughout.

The internal accommodation is neatly arranged over two floors, with the ground floor comprising; an inviting entrance hall, cloakroom, and stylish open plan kitchen diner living area with French doors to the rear garden. The first floor offers two comfortable bedrooms, with a spacious walk in wardrobe to the master and a stylish family bathroom. Externally, the enclosed rear garden offers a surprising degree of privacy, with the property further benefitting from an en-bloc garage with parking in front. An internal viewing comes highly recommended.