2 Bed Terraced House, Single Let, Norwich, NR7 0TQ, £220,000

Association Way, Norwich, NR7 0TQ - 3 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£152K - £325K
Sold Prices/m²£2.6K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£265,807
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£825 - £1,300

Rent Estimate

£961

Running Costs/mo

£900

Cashflow/mo

£61

Cashflow/yr

£736

ROI

1%

Gross Yield

5%

Local Sold Prices

49 sold prices from £152K to £325K, average is £225K. £2.6K/m² to £6K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£202K01/240.09 mi3, Fairfax Drive, Norwich, Norfolk NR7 0RX2
£220K06/230.09 mi7, Fairfax Drive, Norwich, Norfolk NR7 0RX2
£215K08/230.09 mi32, Parliament Court, Norwich, Norfolk NR7 0TG2
£250K06/230.19 mi14, Waller Close, Norwich, Norfolk NR7 0RN2
£220K07/210.26 mi8, Fleetwood Drive, Norwich, Norfolk NR7 0RT2
£237.5K03/210.26 mi21, Fleetwood Drive, Norwich, Norfolk NR7 0RT2
£237K12/220.26 mi28, Roundway Down, Norwich, Norfolk NR7 0NR2
£290K11/200.28 mi48, Fleetwood Drive, Norwich, Norfolk NR7 0RT2
£225K05/230.28 mi31, Desborough Way, Norwich, Norfolk NR7 0RR2
£206K02/210.28 mi10, Desborough Way, Norwich, Norfolk NR7 0RR2
£220K02/240.3 mi4, Chalgrove Field, Norwich, Norfolk NR7 0NP2
£265K08/230.3 mi40, Longfields Road, Norwich, Norfolk NR7 0NB2
£225K02/240.3 mi38, Longfields Road, Norwich, Norfolk NR7 0NB2
£222.5K11/230.33 mi40, Bunyan Close, Norwich, Norfolk NR7 0UZ2
£186K06/210.34 mi11, Winceby Close, Thorpe St Andrew, Norwich, Norfolk NR7 0NS2
£222K03/230.34 mi15, Winceby Close, Thorpe St Andrew, Norwich, Norfolk NR7 0NS2
£210K11/210.35 mi16, Independent Way, Norwich, Norfolk NR7 0UX2
£265K12/220.35 mi1, Pride Way, Norwich, Norfolk NR7 0WL2
£218K06/210.35 mi1, Pride Way, Norwich, Norfolk NR7 0WL2
£192K04/210.37 mi24, Edgehill, Norwich, Norfolk NR7 0UY2
£238K10/230.37 mi24, Edgehill, Norwich, Norfolk NR7 0UY2
£238K10/220.38 mi32, Independent Way, Norwich, Norfolk NR7 0UX2
£248K01/230.39 mi20, Eastern Crescent, Norwich, Norfolk NR7 0UE2
£263K03/230.4 mi9, Thompson Road, Norwich, Norfolk NR7 0LU2
£270K06/230.4 mi15, Thompson Road, Norwich, Norfolk NR7 0LU2
£280K01/240.44 mi19, Eastern Avenue, Norwich, Norfolk NR7 0UQ2
£260K02/230.44 mi5, Eastern Avenue, Norwich, Norfolk NR7 0UQ2
£188K01/230.47 mi70, Charles Avenue, Norwich, Norfolk NR7 0PF2
£262.5K02/230.49 mi41, South Hill Road, Norwich, Norfolk NR7 0PQ2
£206K05/210.49 mi26, South Hill Road, Norwich, Norfolk NR7 0PQ2
£225K02/210.52 mi15, South Hill Road, Norwich, Norfolk NR7 0PG2
£200K12/200.53 mi33, Spinney Road, Norwich, Norfolk NR7 0PL2
£245K12/220.54 mi13, Caston Road, Norwich, Norfolk NR7 0LS2
£222.5K10/230.54 mi9, Caston Road, Norwich, Norfolk NR7 0LS2
£280K09/210.54 mi61, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PR2
£265K07/240.54 mi49, Belmore Road, Thorpe St Andrew, Norwich, Norfolk NR7 0PR2
£213K06/240.55 mi65, Vane Close, Thorpe St Andrew, Norwich, Norfolk NR7 0US2
£235K06/230.56 mi10, Oak Avenue, Norwich, Norfolk NR7 0PD2
£265K03/210.56 mi26, Oak Avenue, Norwich, Norfolk NR7 0PD2
£152K05/240.62 mi7, Cyril Road, Norwich, Norfolk NR7 0XL2
£325K11/230.63 mi17, Belmore Close, Norwich, Norfolk NR7 0PS2
£314K12/230.64 mi12, Spinney Close, Norwich, Norfolk NR7 0PN2
£275K07/240.64 mi2, Spinney Close, Norwich, Norfolk NR7 0PN2
£215K01/210.71 mi30, Elizabeth Avenue, Norwich, Norfolk NR7 0YE2
£195K08/230.71 mi37, Elizabeth Avenue, Norwich, Norfolk NR7 0YE2
£191K02/210.71 mi75, Primrose Crescent, Thorpe St Andrew, Norwich, Norfolk NR7 0SF2
£227.5K10/230.74 mi14, Thorpe Avenue, Norwich, Norfolk NR7 0XB2
£195K12/200.76 mi6, Pine Road, Norwich, Norfolk NR7 9LE2
£280K01/240.78 mi6, Tracey Road, Norwich, Norfolk NR7 9LA2

Local Rents

12 rents from £825/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05009/240.22 mi-2
£1,30006/240.23 mi-2
£99506/240.29 miDesborough Way, Norwich2
£1,10003/250.33 mi-2
£1,05012/240.57 miDussindale2
£1,10012/240.69 miThorpe Close, Norwich, Norfolk, NR72
£1,25006/240.74 miSt Andrews Close, Norwich, NR72
£82512/240.75 miTracey Road, Norwich2
£1,15006/240.81 miThunder Lane, Thorpe St Andrew, Norwich, NR72
£95010/240.93 mi-2
£1,00012/241.01 mi-2
£1,05006/241.03 miHilton Court, Yarmouth Road2

Local Area Statistics

Population in NR7

32,046

Population in Norwich

366,887

Town centre distance

2.89 miles away

Nearest school

0.30 miles away

Nearest train station

2.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £220,000

January 11, 2025

Floor Plans

Description

  • Two-bedroom terraced home offering a comfortable and modern living space +
  • Spacious living room featuring an integrated staircase, ideal for flexible furniture arrangements +
  • Stylish kitchen with ample storage, sleek cabinetry, and a contemporary tiled backsplash +
  • Three allocated parking spaces +
  • Ideal first time purchase +
  • Lawn area with no backing neighbours, ensuring a sense of privacy +
  • Excellent transport links to the NDR, A47, and regular bus services to the city +

Outskirted living in a well-connected location, this two-bedroom terraced home on Association Way perfectly balances modern living with practicality. Inside, the property features a kitchen with sleek cabinetry and a tiled backsplash, a spacious living room with an integrated staircase and large window that fills the space with natural light. Upstairs, you’ll find two well-proportioned bedrooms and a contemporary three-piece bathroom, ideal for relaxation or flexible use. The private rear garden, with its paved seating area and lawn, along with three allocated parking spaces, makes this home an excellent choice for families, professionals, or anyone seeking a comfortable and convenient lifestyle. The Location Located on Association Way in the desirable Dussindale area near the vibrant Thorpe community, this property offers a city outskirted lifestyle. Residents can enjoy leisurely walks along the scenic River Yare while being close to an array of amenities, including cafes, shopping options such as Sainsbury’s and excellent schooling choices for all ages. Commuters will benefit from easy access to both the NDR (Northern Distributor Road) and the A47, providing smooth connections to various destinations. For added convenience, reliable bus links to the city make daily travel straightforward and stress-free. Association Way perfectly balances practicality and modern living, making it a superb choice for families, professionals, and anyone seeking a well-connected home in the sought-after Thorpe area. Association Way Discover this two-up, two-down terraced home located in the heart of Dussindale, blending modern living with unbeatable convenience. Positioned within a sought-after area, this property benefits from proximity to a variety of local amenities and straightforward access to the city. As you step through the front door, you are welcomed by an entrance hallway that separates the living areas, providing a thoughtful layout for everyday life. To your left, the kitchen boasts a contemporary design, with ample space for your appliances, sleek cabinetry and a stylish tiled backsplash that elevates the room's aesthetic. The living room, which features an integrated staircase as part of its design, offers a blank canvas for personal style and furnishings. Natural light pours in through the large window and single door leading to the garden. Upstairs, the property provides two well-proportioned bedrooms, perfect for rest or flexible use, and a three-piece suite bathroom tailored for your self-care needs. The rear garden is a private space featuring a terraced paved area ideal for outdoor seating and a lawn bordered by the assurance of no backing neighbours. Completing the property are three allocated parking spaces. Agents Note Sold Freehold. Connected to all mains services.

EPC Rating: D 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, Wroxham

01603 361621

Next Steps?

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