2 Bed Flat, Single Let, Norwich, NR3 1NG £160,000

Bull Close Road, Norwich, NR3 1NG - 1 views - a year ago
Sold STC
Leasehold
BTL
~68 m²
Property image

ValuationUndervalued

Sold Prices£116.8K - £325K
Sold Prices/m²£1.8K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£170,555
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,900

Total Cash In

£49,900

 

 

Cash Out

 

Rent Range

£625 - £1,394

Rent Estimate

£625

Running Costs/mo

£645

Cashflow/mo

£-20

Cashflow/yr

£-240

Gross Yield

5%

Local Sold Prices

50 sold prices from £116.8K to £325K, average is £152.5K. £1.8K/m² to £4K/m², average is £2.5K/m².

Price
Date
Distance
Address
Beds
 
£128K07/230.03 mi48, Magdalen Close, Norwich, Norfolk NR3 1NE2
£132K02/250.06 mi33, Bull Close, Norwich NR3 1SX2
£142K10/210.16 mi81, Cowgate, Norwich, Norfolk NR3 1TG2
£150K03/250.17 mi46, Bargate Court, Barrack Street, Norwich NR3 1TW2
£200K01/250.22 mi26, Blackfriars Street, Norwich NR3 1SF2
£135K01/250.23 mi11, Mousehold Street, Norwich NR3 1PA2
£170K06/250.25 mi7, Morley Street, Norwich NR3 1ND2
£170K06/250.25 mi7, Morley Street, Norwich NR3 1ND2
£180K12/220.25 mi26, Blackfriars Street, Norwich, Norfolk NR3 1SF2
£325K04/250.28 mi2, St Edmunds Wharf, Norwich NR3 1GU2
£203K02/230.28 mi18, St Edmunds Wharf, Norwich, Norfolk NR3 1GU2
£142K08/210.3 mi24, St Augustines Gate, Norwich, Norfolk NR3 3BE2
£150K10/230.3 mi23, St Augustines Gate, Norwich, Norfolk NR3 3BE2
£210K01/230.34 mi11, Cavalry Ride, Norwich, Norfolk NR3 1UA2
£160K02/250.34 mi7, Cavalry Ride, Norwich NR3 1UA2
£160K09/230.34 mi90, Mousehold Street, Norwich, Norfolk NR3 1NX2
£145K05/230.36 mi18, Long Row, Norwich, Norfolk NR3 1EN2
£140.3K09/210.37 mi343, Gertrude Road, Norwich, Norfolk NR3 4RN2
£145K01/250.37 mi82, Long Row, Norwich NR3 1EN2
£160K03/250.38 miCaius Court, 4, Angel Road, Norwich NR3 3HS2
£200K10/230.39 mi23a, Wensum Street, Norwich, Norfolk NR3 1LA2
£236.5K01/230.4 mi10, Roaches Court, Norwich, Norfolk NR3 1HJ2
£137.8K10/210.41 mi99, Southalls Way, Norwich, Norfolk NR3 4SA2
£137K02/250.41 mi41, St James Close, Norwich NR3 1PE2
£160K10/210.41 mi51, Howard Mews, Norwich, Norfolk NR3 4JU2
£165K02/230.42 mi100, St James Close, Norwich, Norfolk NR3 1PE2
£155K11/240.43 mi11, Southalls Way, Norwich NR3 4SA2
£133K11/230.43 mi24, The Erins, Norwich, Norfolk NR3 4JP2
£123K10/210.43 mi20, The Erins, Norwich, Norfolk NR3 4JP2
£116.8K12/230.43 mi23, The Erins, Norwich, Norfolk NR3 4JP2
£125K03/230.43 mi14, The Erins, Norwich, Norfolk NR3 4JP2
£170K08/250.44 mi65, Colegate, Norwich NR3 3AS2
£160K08/250.44 mi293, Gertrude Road, Norwich NR3 4RW2
£200K05/250.45 mi2, The Watering, St Martins Road, Norwich NR3 3BF2
£200K05/250.45 mi2, The Watering, St Martins Road, Norwich NR3 3BF2
£200K09/230.45 mi14, The Watering, Norwich, Norfolk NR3 3BF2
£150K01/250.47 mi209b, Silver Road, Norwich NR3 4TL2
£195K09/230.48 miFlat 44, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£182K09/210.48 miFlat 33, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£150K11/230.48 mi38, Sun Lane, Norwich, Norfolk NR3 3NF2
£210K12/240.49 mi17, Unicorn Yard, Norwich NR3 3AL2
£131.5K08/210.49 mi6, Pockthorpe Gate, Norwich, Norfolk NR3 1TU2
£123.5K05/250.49 mi163, Lavengro Road, Norwich NR3 4RU2
£123.5K05/250.49 mi163, Lavengro Road, Norwich NR3 4RU2
£140K11/240.5 mi176, Mousehold Street, Norwich NR3 1PG2
£138.3K07/250.51 mi14, Garrett Court, Norwich NR3 4SD2
£145K10/230.51 mi35, Millers Lane, Norwich, Norfolk NR3 3LX2
£147.5K12/220.52 mi200, Mousehold Street, Norwich, Norfolk NR3 1PG2
£194K06/230.54 mi2c, Millers Lane, Norwich, Norfolk NR3 3LU2
£189.5K11/240.56 miRumsey Wells Place, 7, St Andrews Street, Norwich NR2 4AT2

Local Rents

49 rents from £625/mo to £1.4K/mo, average is £995/mo.

Rent
Date
Distance
Address
Beds
 
£90006/240 miBull Close Road, NORWICH2
£62508/250.01 miBull Close Road, Norwich2
£1,10008/250.04 miTwinemakers Row, Norwich2
£1,10008/250.04 miTwinemakers Row, Norwich, NR32
£1,12508/250.04 miMagdalen Street, Norwich2
£1,05010/250.04 mi-2
£1,05010/250.04 miTwinemakers Row, Norwich, NR32
£65006/250.05 miMagdalen Street, Norwich2
£70007/250.05 miMagdalen Street, Norwich2
£85011/250.06 miMagdalen Street,Norwich,NR32
£97508/250.07 miSpencer Street, Norwich, Norfolk, NR32
£99506/240.07 mi-2
£77011/250.07 miBull Close Road, Norwich2
£65008/250.07 miBull Close Road, Norwich2
£72507/250.07 miBull Close, Norwich2
£62507/250.07 miBull Close Road, Norwich2
£1,20007/240.07 miBull Close, NORWICH2
£1,25008/250.07 miMarlborough Road, Norwich2
£95006/250.07 miSilver Street, Norwich, Norfolk, NR32
£85007/250.07 miSilver Street, NORWICH2
£1,10008/240.07 miMarlborough Road, Norwich, Norfolk, NR32
£1,10011/250.07 miMarlborough Road, Norwich, Norfolk, NR32
£85011/250.08 miMagdalen Street, Norwich, Norfolk, NR32
£95006/240.08 miCross Keys Yard2
£95007/240.08 miCross Keys Yard2
£90011/250.08 miCross Keys Yard, Magdalen Street, Norwich, NR32
£1,20006/240.08 miMagdalen Street, Norwich2
£1,05010/250.09 miSpencer Street, Norwich, NR32
£90009/240.09 miMagpie Road2
£82506/240.1 miYarn Mews, Norwich2
£85007/250.1 miYarn Mews, Norwich, NR32
£87509/250.1 miYarn Mews, Norwich, NR32
£87509/250.1 miYarn Mews, Norwich, NR3 1ST2
£1,29507/240.11 mi-2
£1,29405/240.11 mi-2
£1,29404/250.11 mi-2
£1,39408/250.11 mi-2
£1,29510/250.11 mi-2
£1,30006/240.11 miCowgate, Norwich, NR32
£1,39407/250.11 miCowgate, Norwich, NR32
£1,29510/250.11 miCowgate, Norwich, NR32
£90009/250.11 miMagdalen Street, Norwich, Norfolk2
£85008/250.11 miMarlborough Road, Norwich, 2
£99507/240.11 miMagpie Road, Norwich2
£1,10011/250.11 mi-2
£1,10010/250.11 miStacy Road, Norwich, NR32
£1,10011/250.11 miPeacock Street, Norwich, Norfolk2
£1,15007/240.12 miBeaconsfield Road, NR32
£95006/250.12 miBeaconsfield Road, Norwich, Norfolk, NR32

Local Area Statistics

Population in NR3

32,675

Population in Norwich

366,887

Town centre distance

0.28 miles away

Nearest school

0.10 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £160,000

December 11, 2024

Floor Plans

Property image

Description

  • Two bedroom mid-terrace house +
  • Two double bedrooms +
  • Fully paved garden +
  • Convenient location +
  • Shower room +

SUMMARY
THIS TWO BEDROOM MID-TERRACE HOME is situated within a convenient and central location with a fully paved garden to the rear.. * Early viewings are highly recommended due to the price point of this property. To schedule a viewing, please contact the office at your earliest convenience!!! *

DESCRIPTION
Looking for a well priced property in Norwich but only seeing leasehold flats? This freehold property, situated within a convenient and central location could be the answer. William H Brown Norwich are pleased to present to the market THIS TWO BEDROOM MID-TERRACE HOME. Internally the property comprises a lounge, kitchen, shower room and two double bedrooms.

Early viewings are highly recommended due to the price point of this property. To schedule a viewing, please contact the office at your earliest convenience!!

Lounge 11' 10" x 10' 11" ( 3.61m x 3.33m )
Window to front, TV point and laminate floor.

Kitchen 9' 1" x 8' 3" ( 2.77m x 2.51m )
Window to front, wall & unit unit, work surfaces, space for fridge/ freezer, stainless steel sink unit and radiator.

Inner Hallway 
Side door and radiator.

Bedroom One 10' 11" x 10' 5" ( 3.33m x 3.17m )
Window to front, carpeted floor and radiator.

Bedroom Two 9' x 8' 7" ( 2.74m x 2.62m )
Window to front, carpeted floor and radiator.

Bathroom 
Wash hand basin, wc, shower cubicle, radiator, extractor fan and window to side.

Exterior 
There is a fully paved garden with a gate to rear.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Norwich

01603 361933

Next Steps?

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