3 Bed Terraced House, Single Let, Norwich, NR3 4PD, £230,000

Spencer Street, Norwich, NR3 4PD - 3 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£154K - £335K
Sold Prices/m²£2.2K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£265,093
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£900 - £1,500

Rent Estimate

£950

Running Costs/mo

£929

Cashflow/mo

£21

Cashflow/yr

£255

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £154K to £335K, average is £210.5K. £2.2K/m² to £4.6K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£189K02/210 mi70, Spencer Street, Norwich, Norfolk NR3 4PD3
£163K11/200 mi79, Spencer Street, Norwich, Norfolk NR3 4PD3
£232.4K10/210.04 mi99, Spencer Street, Norwich, Norfolk NR3 4PE3
£250K12/220.04 mi93, Spencer Street, Norwich, Norfolk NR3 4PE3
£190K06/210.06 mi41, Knowsley Road, Norwich, Norfolk NR3 4PR3
£205K04/210.06 mi31, Knowsley Road, Norwich, Norfolk NR3 4PR3
£185K04/210.06 mi47, Knowsley Road, Norwich, Norfolk NR3 4PR3
£220K05/230.06 mi5, Knowsley Road, Norwich, Norfolk NR3 4PR3
£207K03/210.06 mi41, Marlborough Road, Norwich, Norfolk NR3 4PH3
£203K06/210.07 mi31, Churchill Road, Norwich, Norfolk NR3 4PX3
£285K11/230.07 mi79a, Churchill Road, Norwich, Norfolk NR3 4PX3
£275K01/210.07 mi3, Churchill Road, Norwich, Norfolk NR3 4PX3
£200K04/210.07 mi51, Churchill Road, Norwich, Norfolk NR3 4PX3
£201K04/210.07 mi123, Knowsley Road, Norwich, Norfolk NR3 4PT3
£220K05/230.07 mi159, Knowsley Road, Norwich, Norfolk NR3 4PT3
£240K07/230.07 mi111, Spencer Street, Norwich, Norfolk NR3 4PF3
£210K01/210.08 mi123, Beaconsfield Road, Norwich, Norfolk NR3 4AB3
£177.5K03/210.08 mi167, Beaconsfield Road, Norwich, Norfolk NR3 4AB3
£235K04/230.08 mi16, Churchill Road, Norwich, Norfolk NR3 4PY3
£265K10/230.08 mi133, Churchill Road, Norwich, Norfolk NR3 4PZ3
£215K11/230.08 mi95, Churchill Road, Norwich, Norfolk NR3 4PZ3
£187.5K01/210.08 mi99, Churchill Road, Norwich, Norfolk NR3 4PZ3
£192K07/230.08 mi98, Churchill Road, Norwich, Norfolk NR3 4PZ3
£255.3K01/230.09 mi172, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£215K02/210.09 mi82, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£212.5K01/230.09 mi136, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£195K02/230.09 mi134, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£211K11/200.09 mi49, Marlborough Road, Norwich, Norfolk NR3 4PH3
£265K08/230.1 mi73, Marlborough Road, Norwich, Norfolk NR3 4PL3
£185K11/200.1 mi158, Marlborough Road, Norwich, Norfolk NR3 4PJ3
£230K11/200.11 mi42, Spencer Street, Norwich, Norfolk NR3 4PA3
£335K11/230.11 mi41, Spencer Street, Norwich, Norfolk NR3 4PA3
£265K12/220.12 mi150, Marlborough Road, Norwich, Norfolk NR3 4PJ3
£253K05/210.12 mi23, Northcote Road, Norwich, Norfolk NR3 4QF3
£259K02/230.12 mi32, Northcote Road, Norwich, Norfolk NR3 4QF3
£236.3K01/240.13 mi91, Northcote Road, Norwich, Norfolk NR3 4QE3
£154K05/210.13 mi140, Silver Road, Norwich, Norfolk NR3 4TG3
£177K01/210.14 mi63, Wodehouse Street, Norwich, Norfolk NR3 4TY3
£215K02/210.14 mi118a, Silver Road, Norwich, Norfolk NR3 4TF3
£195K04/210.15 mi46, Sprowston Road, Norwich, Norfolk NR3 4QN3
£190K11/210.15 mi146, Silver Road, Norwich, Norfolk NR3 4TQ3
£173.7K11/200.15 mi38, Sprowston Road, Norwich, Norfolk NR3 4QN3
£210K07/230.15 mi56, Magdalen Road, Norwich, Norfolk NR3 4AQ3
£270K01/230.15 mi50, Sprowston Road, Norwich, Norfolk NR3 4QN3
£177K01/210.16 mi55, Silver Street, Norwich, Norfolk NR3 4TT3
£154K06/230.16 mi84, Silver Road, Norwich, Norfolk NR3 4TE3
£170K07/230.16 mi96, Silver Road, Norwich, Norfolk NR3 4TE3
£275K09/230.18 mi21, Branford Road, Norwich, Norfolk NR3 4QD3
£290K11/210.18 mi97, Magdalen Road, Norwich, Norfolk NR3 4LB3
£194K05/210.18 mi39, Branford Road, Norwich, Norfolk NR3 4QD3

Local Rents

50 rents from £900/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£90006/240.02 miBeaconsfield Road, Norwich, 3
£1,10009/240.02 miBeaconsfield Road, Norwich, 3
£1,10006/240.04 miSpencer Street, Norwich, NR3 4PE3
£1,40001/250.05 mi-3
£1,30006/240.08 miChurchill Road, NR3 4PY3
£1,15007/240.08 miChurchil Road, Norwich3
£1,40006/240.08 miSpencer Street, Norwich, NR33
£1,10007/240.09 miMarlborough Road, Norwich, NR33
£1,10011/240.1 mi-3
£1,15006/240.12 miNorthcote Road, NORWICH3
£1,05006/240.13 miMagdalen Road, Norwich, Norfolk, NR33
£1,20007/240.13 miWodehouse Street3
£1,25007/240.14 miWodehouse Street, Norwich3
£1,29008/240.15 mi-3
£1,45012/240.15 mi-3
£95006/240.15 miWall Lane, Norwich, Norfolk, NR33
£99502/250.16 mi-3
£1,25001/250.16 mi-3
£1,10001/250.18 mi-3
£1,10002/250.19 mi-3
£1,10006/240.19 miStacy Road, Norwich, NR33
£1,10007/240.19 miStacy Road, Norwich, NR33
£1,40006/240.2 miSilver Street, NR3 4TU3
£1,15008/240.21 miBell Road, Norwich, NR33
£1,20009/240.21 miNorwich3
£99507/240.21 mi-3
£1,30006/240.21 miMagpie Road, NORWICH3
£1,20006/240.21 miMagpie Road, Norwich3
£1,20007/240.21 miMagpie Road, Norwich3
£1,20007/240.21 miMagpie Road, Norwich3
£97506/240.21 miMagpie Road,Norwich,NR33
£97506/240.21 mi-3
£1,09506/240.23 mi-3
£1,20006/240.24 miMagdalen Street, Norwich3
£1,10006/240.25 miWaterloo Road, Norwich, NR33
£1,15003/250.25 mi-3
£1,05003/240.26 miSilver Road,Norwich,NR33
£95008/240.26 miWaterloo Road, Norwich3
£90001/250.27 mi-3
£1,35006/240.28 miLadysmith Road, Norwich3
£1,10006/240.29 miEsdelle Street, Norwich3
£1,29506/240.34 miMousehold Avenue, Norwich, Norfolk, NR33
£1,50007/240.35 miBuxton Road, Norwich3
£95006/240.35 miGertrude Road3
£1,37507/240.35 miStonemasons Court, Norwich, NR33
£1,37507/240.35 mi-3
£97506/240.37 miGertrude Road, Norwich, NR33
£1,15008/240.37 miNorth Norwich3
£1,30006/240.37 miSt. Augustines Gate, Norwich, Norfolk, NR33
£1,10006/240.37 miGertrude Road, Norwich3

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £230,000

January 2, 2025

Sold for £195,500

2020

Sold for £125,000

2010

Floor Plans

Description

  • Bay fronted mid-terrace home +
  • Ground floor bathroom +
  • Low maintenance courtyard garden +
  • Permit parking available +
  • Three bedrooms +

SUMMARY
THIS BAY FRONTED, MID-TERRACE HOME is situated within a very desirable and convenient location. The property also boasts a low maintenance court yard style garden. Permit parking is available at a very reasonable cost. *Viewings are highly recommended to fully appreciate this fantastic mid-terrace!*

DESCRIPTION
Situated within a very desirable and convenient location, William H Brown Norwich are pleased to present to the market THIS BAY FRONTED, MID-TERRACE HOME offering two reception rooms to the ground floor, galley kitchen, utility/ lean to and bath room to the ground floor, with three bedrooms (bedroom three is accessed via bedroom two) to the first floor. The property also boasts a low maintenance court yard style garden. Permit parking is available at a very reasonable cost.

Viewings are highly recommended to fully appreciate this fantastic mid-terrace!!

Lounge 13' 6" x 11' 3" ( 4.11m x 3.43m )
Door to front, window to front, exposed floorboards and radiator.

Dining Room 11' 3" x 11' 3" ( 3.43m x 3.43m )
Window to rear, fireplace, understairs cupboard, exposed floorboards and radiator.

Kitchen 11' 11" x 6' 2" ( 3.63m x 1.88m )
Wall & base units, solid wood work surfaces, one & a half bowl sink, gas oven, as hob, cooker head, integrated microwave, central heating boiler, laminate floor and window to side.

Utility/ Lean-To 9' 1" x 5' 1" ( 2.77m x 1.55m )
Wall & base units, work surfaces, plumbing for washing machine, French doors to garden and tiled flooring.

Bathroom 
Bath with shower over, wash hand basin, wc, heated towel rail, tiled flooring and window to side.

First Floor Landing 

Bedroom One 11' 1" x 11' 3" ( 3.38m x 3.43m )
Window to front, radiator and carpet.

Bedroom Two 11' 3" x 11' 3" ( 3.43m x 3.43m )
Window to rear, carpeted floor, radiator and door to bedroom three:-

Bedroom Three 9' 1" x 5' 9" ( 2.77m x 1.75m )
Window to rear, carpeted floor and radiator.

Exterior 
There is a low maintenance rear garden, fully enclosed with gated access to passage and raised decking.

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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