3 Bed Terraced House, Single Let, Norwich, NR3 1EE, £230,000

Albany Road, Norwich, NR3 1EE - 3 months ago

Sold STC
BTL
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£158.5K - £495K
Sold Prices/m²£1.8K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£255,985
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£900 - £1,500

Rent Estimate

£928

Running Costs/mo

£924

Cashflow/mo

£4

Cashflow/yr

£44

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £158.5K to £495K, average is £213K. £1.8K/m² to £3.9K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£210K07/230.04 mi56, Magdalen Road, Norwich, Norfolk NR3 4AQ3
£175K10/210.06 mi23, Shipstone Road, Norwich, Norfolk NR3 1JZ3
£221.5K03/230.06 mi11, Shipstone Road, Norwich, Norfolk NR3 1JZ3
£206K06/230.06 mi32, Waterloo Road, Norwich, Norfolk NR3 1EW3
£495K04/220.07 mi108, Magdalen Road, Norwich, Norfolk NR3 4AN3
£303.5K05/230.07 mi84, Magdalen Road, Norwich, Norfolk NR3 4AN3
£225K11/210.09 mi23, Clarke Road, Norwich, Norfolk NR3 1JL3
£245K12/220.09 mi28, Clarke Road, Norwich, Norfolk NR3 1JL3
£290K11/210.09 mi97, Magdalen Road, Norwich, Norfolk NR3 4LB3
£200K01/230.1 mi34, Clarke Road, Norwich, Norfolk NR3 1JL3
£185K03/210.1 mi22, Waterloo Road, Norwich, Norfolk NR3 1EY3
£159.5K04/230.11 mi51, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£158.5K01/210.11 mi13, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£215K11/200.11 mi22, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£203K06/210.13 mi31, Churchill Road, Norwich, Norfolk NR3 4PX3
£285K11/230.13 mi79a, Churchill Road, Norwich, Norfolk NR3 4PX3
£275K01/210.13 mi3, Churchill Road, Norwich, Norfolk NR3 4PX3
£235K04/230.13 mi16, Churchill Road, Norwich, Norfolk NR3 4PY3
£200K04/210.13 mi51, Churchill Road, Norwich, Norfolk NR3 4PX3
£173.7K11/200.13 mi38, Sprowston Road, Norwich, Norfolk NR3 4QN3
£195K04/210.13 mi46, Sprowston Road, Norwich, Norfolk NR3 4QN3
£190K06/210.14 mi41, Knowsley Road, Norwich, Norfolk NR3 4PR3
£205K04/210.14 mi31, Knowsley Road, Norwich, Norfolk NR3 4PR3
£185K04/210.14 mi47, Knowsley Road, Norwich, Norfolk NR3 4PR3
£220K05/230.14 mi5, Knowsley Road, Norwich, Norfolk NR3 4PR3
£253K05/210.14 mi23, Northcote Road, Norwich, Norfolk NR3 4QF3
£270K01/230.15 mi50, Sprowston Road, Norwich, Norfolk NR3 4QN3
£205K11/210.15 mi32, Stacy Road, Norwich, Norfolk NR3 1JN3
£259K02/230.17 mi32, Northcote Road, Norwich, Norfolk NR3 4QF3
£240K07/230.18 mi111, Spencer Street, Norwich, Norfolk NR3 4PF3
£275K08/210.18 mi71, Angel Road, Norwich, Norfolk NR3 3HR3
£250K01/210.18 mi73, Angel Road, Norwich, Norfolk NR3 3HR3
£232.4K10/210.18 mi99, Spencer Street, Norwich, Norfolk NR3 4PE3
£250K12/220.18 mi93, Spencer Street, Norwich, Norfolk NR3 4PE3
£183K04/210.18 mi97, Rosebery Road, Norwich, Norfolk NR3 3AB3
£285K11/220.19 mi65, Rosebery Road, Norwich, Norfolk NR3 3AB3
£285K05/210.19 mi29, Patteson Road, Norwich, Norfolk NR3 3EN3
£217K05/210.19 mi3, Patteson Road, Norwich, Norfolk NR3 3EN3
£192.5K01/210.19 mi55, Patteson Road, Norwich, Norfolk NR3 3EN3
£251K08/220.19 mi79, Patteson Road, Norwich, Norfolk NR3 3EN3
£210K08/230.2 mi53, Eade Road, Norwich, Norfolk NR3 3EH3
£189K02/210.2 mi70, Spencer Street, Norwich, Norfolk NR3 4PD3
£163K11/200.2 mi79, Spencer Street, Norwich, Norfolk NR3 4PD3
£210K10/210.2 mi68, Patteson Road, Norwich, Norfolk NR3 3EW3
£195K12/230.2 mi68, Patteson Road, Norwich, Norfolk NR3 3EW3
£211K11/200.2 mi49, Marlborough Road, Norwich, Norfolk NR3 4PH3
£370K12/220.2 mi9, Buxton Road, Norwich, Norfolk NR3 3HH3
£300K07/230.2 mi31, Buxton Road, Norwich, Norfolk NR3 3HH3
£207K03/210.2 mi41, Marlborough Road, Norwich, Norfolk NR3 4PH3
£205K06/210.21 mi100, Eade Road, Norwich, Norfolk NR3 3EJ3

Local Rents

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

RentDateDistanceAddressBeds 
£1,15003/250.06 mi-3
£95008/240.06 miWaterloo Road, Norwich3
£1,09506/240.07 mi-3
£1,05006/240.07 miMagdalen Road, Norwich, Norfolk, NR33
£90001/250.08 mi-3
£1,10002/250.11 mi-3
£1,10006/240.12 miWaterloo Road, Norwich, NR33
£1,30006/240.13 miChurchill Road, NR3 4PY3
£1,15006/240.14 miNorthcote Road, NORWICH3
£1,10006/240.15 miStacy Road, Norwich, NR33
£1,10007/240.15 miStacy Road, Norwich, NR33
£97506/240.15 mi-3
£99507/240.16 mi-3
£1,10006/240.18 miSpencer Street, Norwich, NR3 4PE3
£1,30008/240.19 miAngel Road, Norwich, Norfolk, NR33
£1,50007/240.2 miBuxton Road, Norwich3
£1,10007/240.2 miMarlborough Road, Norwich, NR33
£1,30006/240.2 miMagpie Road, NORWICH3
£1,20006/240.2 miMagpie Road, Norwich3
£1,20007/240.2 miMagpie Road, Norwich3
£1,20007/240.2 miMagpie Road, Norwich3
£97506/240.2 miMagpie Road,Norwich,NR33
£1,00007/240.2 miEade Road3
£90006/240.21 miBeaconsfield Road, Norwich, 3
£1,10009/240.21 miBeaconsfield Road, Norwich, 3
£1,10011/240.22 mi-3
£1,40001/250.22 mi-3
£1,40005/240.22 mi-3
£95006/240.22 miWall Lane, Norwich, Norfolk, NR33
£92512/230.24 mi-3
£1,10006/240.24 miEsdelle Street, Norwich3
£1,15007/240.25 miChurchil Road, Norwich3
£1,40006/240.25 miSpencer Street, Norwich, NR33
£1,30006/240.25 miSt. Augustines Gate, Norwich, Norfolk, NR33
£1,37507/240.27 miStonemasons Court, Norwich, NR33
£1,37507/240.27 mi-3
£1,15008/240.27 miBell Road, Norwich, NR33
£1,20009/240.27 miNorwich3
£1,20006/240.29 miMagdalen Street, Norwich3
£1,20007/240.3 miWodehouse Street3
£1,15008/240.32 miNorth Norwich3
£1,25007/240.32 miWodehouse Street, Norwich3
£1,29008/240.33 mi-3
£1,45012/240.33 mi-3
£99502/250.35 mi-3
£1,35006/240.35 miLadysmith Road, Norwich3
£1,25001/250.36 mi-3
£1,40006/240.37 miSilver Street, NR3 4TU3
£1,20008/240.37 mi-3
£1,20008/240.37 miSussex Street, Norwich, NR33

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.18 miles away

Nearest school

0.10 miles away

Nearest train station

1.12 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Price changed to £230,000

February 16, 2025

Listed for £240,000

January 17, 2025

Floor Plans

Description

  • Refurbished mid-terraced house +
  • Generous gardens +
  • Close to local amenities +
  • Ideal first time buy +
  • No onward chain +
  • Viewing advised +

abbotFox presents this stylish, refurbished terraced home. Set within the sought after NR3 area of Norwich, on a peaceful no-through road, this home represents an ideal opportunity for any first time buyer and is offered to the market with no onward chain.

The accommodation on offer is neatly arranged over two floors and comprises; lounge, dining room that opens into a refitted kitchen, lean to utility area and family bathroom to the ground floor. The first floor offers two generous double bedrooms and a third bedroom accessed off the rear room. Externally, this home offers a spacious, private rear garden that is a blank template for any buyer.

With a wealth of local amenities on the doorstep, including, pubs, cafe's, parks and schools, this home offers a high degree of convenience. Offered to the market with no onward chain, an internal viewing comes highly recommended to appreciate this home.

Agent Details

AbbotFox, Norwich

01603 510582

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪