3 Bed Terraced House, Single Let, Norwich, NR1 1JJ, £240,000

Cozens Road, Norwich, NR1 1JJ - 3 months ago

Leasehold
BTL
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£176K - £430K
Sold Prices/m²£2.2K/m² - £4.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£280,812
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£13,200

Total Cash In

£73,200

 

 

Cash Out

 

Rent Range

£995 - £2,400

Rent Estimate

£996

Running Costs/mo

£969

Cashflow/mo

£27

Cashflow/yr

£322

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £176K to £430K, average is £250K. £2.2K/m² to £4.7K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£272K12/220 mi45, Cozens Road, Norwich, Norfolk NR1 1JJ3
£195K01/240.03 mi33, Hardy Road, Norwich, Norfolk NR1 1JN3
£236K06/240.03 mi27, Hardy Road, Norwich, Norfolk NR1 1JN3
£235K07/240.03 mi35, Hardy Road, Norwich, Norfolk NR1 1JN3
£285K10/230.05 mi71, Carrow Road, Norwich, Norfolk NR1 1HS3
£228K12/230.05 mi43, Carrow Road, Norwich, Norfolk NR1 1HS3
£232.5K07/210.05 mi69, Carrow Road, Norwich, Norfolk NR1 1HS3
£285K11/220.06 mi11, Kerrison Road, Norwich, Norfolk NR1 1JB3
£265K11/220.06 mi19, Kerrison Road, Norwich, Norfolk NR1 1JB3
£245K05/240.13 mi32, Carrow Road, Norwich, Norfolk NR1 1HJ3
£368K09/210.14 mi11, Cedar Road, Norwich, Norfolk NR1 1HL3
£224K05/210.14 mi27, Cedar Road, Norwich, Norfolk NR1 1HL3
£350K02/210.21 mi126c, Thorpe Road, Norwich, Norfolk NR1 1RJ3
£280K12/200.28 mi2, Fernhill, Norwich, Norfolk NR1 4AQ3
£176K11/230.3 mi10, Glendenning Road, Norwich, Norfolk NR1 1YS3
£250K08/210.32 mi16a, Ethel Road, Norwich, Norfolk NR1 4DB3
£270K07/210.32 mi16b, Ethel Road, Norwich, Norfolk NR1 4DB3
£390K12/210.32 mi37, Wherry Road, Norwich, Norfolk NR1 1WS3
£380K02/210.32 mi40, Wherry Road, Norwich, Norfolk NR1 1WS3
£250K12/200.33 mi288, King Street, Norwich, Norfolk NR1 2BL3
£220K08/230.33 mi278, King Street, Norwich, Norfolk NR1 2BL3
£284K01/240.33 mi288, King Street, Norwich, Norfolk NR1 2BL3
£310K03/210.34 mi14, Hillhouse Road, Norwich, Norfolk NR1 4BW3
£230K01/230.35 mi5, Alan Road, Norwich, Norfolk NR1 2BX3
£313.5K02/210.35 mi10, Rosedale Crescent, Norwich, Norfolk NR1 4BH3
£219K07/210.36 mi44, Salisbury Road, Norwich, Norfolk NR1 1TU3
£176.5K03/210.36 mi62, Salisbury Road, Norwich, Norfolk NR1 1TU3
£255K08/240.36 mi48, Salisbury Road, Norwich, Norfolk NR1 1TU3
£230K03/240.36 mi25, Salisbury Road, Norwich, Norfolk NR1 1TU3
£382.5K06/240.36 mi154, Thorpe Road, Norwich, Norfolk NR1 1TJ3
£245K04/210.38 mi25, Ella Road, Norwich, Norfolk NR1 4BP3
£200K11/200.39 mi19, Ella Road, Norwich, Norfolk NR1 4BP3
£192K06/210.39 mi11, Ella Road, Norwich, Norfolk NR1 4BP3
£430K01/210.4 mi8, Old Library Mews, Norwich, Norfolk NR1 1ET3
£230K05/240.4 mi46, Ella Road, Norwich, Norfolk NR1 4BS3
£230K06/210.4 mi16, Ella Road, Norwich, Norfolk NR1 4BS3
£238K06/210.4 mi52, Ella Road, Norwich, Norfolk NR1 4BS3
£210K03/210.41 mi4, Argyle Street, Norwich, Norfolk NR1 2DA3
£220K12/200.41 mi24, Marion Road, Norwich, Norfolk NR1 4BN3
£229K02/240.41 mi33, Marion Road, Norwich, Norfolk NR1 4BN3
£255K01/230.41 mi84e, Rosary Road, Norwich, Norfolk NR1 4BX3
£250K10/210.42 mi27, Cremorne Lane, Norwich, Norfolk NR1 1TX3
£250K07/230.42 mi27, Cremorne Lane, Norwich, Norfolk NR1 1TX3
£237K11/210.45 mi6, Beatrice Road, Norwich, Norfolk NR1 4BB3
£275K03/230.45 mi40, Beatrice Road, Norwich, Norfolk NR1 4BB3
£266K05/210.45 mi27, Beatrice Road, Norwich, Norfolk NR1 4BB3
£325K01/240.45 mi27, Beatrice Road, Norwich, Norfolk NR1 4BB3
£268K05/210.45 mi30, Beatrice Road, Norwich, Norfolk NR1 4BB3
£307K03/210.45 mi3, Aspland Road, Norwich, Norfolk NR1 1SH3
£370K02/210.46 mi3, Churston Close, Norwich, Norfolk NR1 2BD3

Local Rents

33 rents from £995/mo to £2.4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35006/240.03 miCarrow Road, Norwich, NR13
£1,25004/250.12 mi-3
£99512/240.13 miCarrow Road, Norwich3
£1,40012/240.14 miCedar Road, NORWICH3
£1,19512/240.15 miCedar Road, Norwich, NR13
£1,60006/240.18 miGeoffrey Watling Way, Norwich NR13
£1,90012/240.19 miRobinson Bank, NR1 1GG3
£1,15012/240.22 miThorpe Road3
£1,89506/240.22 miGeoffrey Watling Way, Norwich, NR13
£1,69506/240.26 miTibbenha house3
£2,40012/240.32 miKing Street, Norwich3
£1,50001/240.32 mi-3
£1,29512/240.35 miAlan Road, Norwich3
£99506/240.36 miStuart Road, Norwich3
£1,30006/240.4 miWherry Road, NORWICH3
£1,05006/240.41 miArgyle Street, Norwich, NR13
£1,10006/240.41 miMarion Road, Norwich, Norfolk, NR13
£1,20006/240.41 miMarion Road, Norwich, 3
£1,00006/240.46 miNormandie Tower, Norwich, 3
£1,00012/240.46 miNormandie Tower, Rouen Road, Norwich3
£1,40012/240.47 miChalk Hill Road, Norwich, 3
£1,30006/240.48 miSt. Matthews Road, Norwich, Norfolk, NR13
£1,30006/240.51 miThorpe Road, Norwich3
£2,00012/240.53 miFoundry Court, Recorder Road, Norwich, Norfolk, NR13
£1,35012/240.53 miKing Street, NORWICH3
£2,10001/240.54 mi-3
£2,00006/240.54 mi-3
£2,00012/240.54 mi-3
£2,00012/240.54 mi-3
£1,25012/240.54 miCricket Ground Road, Norwich3
£2,10006/240.54 miPrince Of Wales Road, NORWICH3
£1,09005/240.58 mi-3
£1,65012/240.61 miCarlyle Road, Norwich, Norfolk, NR13

Local Area Statistics

Population in NR1

24,540

Population in Norwich

366,887

Town centre distance

1.49 miles away

Nearest school

0.50 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £240,000

February 8, 2025

Listed for £250,000

January 14, 2025

Floor Plans

Description

  • Chain free +
  • Mid-terrace residence in the vibrant city of Norwich +
  • City centre location with easy access to a wide range of local amenities, including Norwich train station +
  • Perfect first home or investment purchase +
  • Two welcoming reception rooms for relaxation and entertainment +
  • Well-equipped kitchen with plenty of storage +
  • Ground floor bathroom with a modern three piece suite +
  • Three bedrooms & a shower room +
  • Low maintenance garden that is fully enclosed for privacy +
  • On-road parking available +

Guide Price £240,000 - £250,000 Conveniently located in the heart of Norwich city, this charming mid-terrace residence is ideal for first time buyers or if you are looking for an investment purchase, along with a chain free status. Showcasing a bright and airy interior, with two reception rooms, a well-equipped kitchen, three bedrooms, a bathroom and a shower room. Promising a lifestyle of comfort and ease, suitable for young couples or families wanting to be within close proximity to a wide range of local amenities. Location Norwich NR1 is a postcode area located in the heart of Norwich, a historic city in Norfolk. This area is home to a mix of residential, commercial, and cultural spaces. It includes parts of the city centre, offering easy access to a variety of amenities such as shopping districts, restaurants, and local markets. NR1 also encompasses well-known landmarks like Norwich Castle and the Norwich Cathedral, both of which are key parts of the city’s rich history. The location benefits from excellent transport links, with Norwich train station nearby, providing direct routes to London and other major cities. It’s a vibrant, diverse area, blending modern living with historical charm. Cozens Road

Upon entering, residents are greeted by a warm and inviting atmosphere that permeates throughout the entire residence. The ground floor features two welcoming reception rooms, providing ample space for both relaxation and entertainment. Whether hosting guests or enjoying a quiet evening in, these versatile spaces offer endless possibilities for personalisation and enjoyment.

The well-equipped kitchen is thoughtfully designed with functionality and style in mind, fitted with units and appliances to be able to cook your favourite meals. Offering ample amount of storage and counter-top space for meal preparation. The convenient ground floor bathroom comprises of a modern three-piece suite, accommodating all residents in the household.

Ascend to the first floor where you will encounter three well-appointed bedrooms, each thoughtfully designed to offer relaxation and privacy. The third bedroom has the versatility to be a home office, dressing room or guest room, depending on your own requirements. A shower room on this floor ensures ultimate convenience and practicality for family living.

Outside, a low maintenance garden awaits, offering a quiet space from the hustle and bustle of city living. Fully enclosed for privacy, this outdoor space provides a serene setting for enjoying al fresco meals, summer BBQs, or simply relaxing in the sunshine. On-road parking is available, ensuring hassle-free access for both residents and visitors.

Agents Notes

We understand that this property is freehold. Connected to mains water, electricity, gas and drainage. Heating system - Gas boiler. Council Tax Band: A The contents within this image have been added digitally for illustrative purposes only and do not reflect the current physical state of the property.

EPC Rating: C 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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