3 Bed Terraced House, Single Let, Norwich, NR6 7GB, £280,000

Austin Way, Norwich, Norfolk, NR6 7GB - 3 months ago

BTL
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£172.8K - £350K
Sold Prices/m²£1.9K/m² - £5.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£285,723

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,900

Total Cash In

£81,900

 

 

Cash Out

 

Rent Range

£1,050 - £1,750

Rent Estimate

£1,100

Running Costs/mo

£1,115

Cashflow/mo

£-15

Cashflow/yr

£-180

Gross Yield

5%

Local Sold Prices

50 sold prices from £172.8K to £350K, average is £239.8K. £1.9K/m² to £5.5K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£234K03/210.04 mi13, Ernest Drive, Old Catton, Norwich, Norfolk NR6 7GA3
£205K02/210.04 mi11, Dunwood Drive, Norwich, Norfolk NR6 7JS3
£173K04/210.09 mi23, Desmond Drive, Norwich, Norfolk NR6 7JP3
£172.8K01/210.09 mi97, Desmond Drive, Norwich, Norfolk NR6 7JR3
£255K10/220.11 mi196, Desmond Drive, Norwich, Norfolk NR6 7JW3
£303K05/230.12 mi93, Three Corner Drive, Norwich, Norfolk NR6 7HB3
£205K03/230.16 mi92, Desmond Drive, Norwich, Norfolk NR6 7JN3
£175K01/210.16 mi92, Desmond Drive, Norwich, Norfolk NR6 7JN3
£180K03/210.16 mi80, Desmond Drive, Norwich, Norfolk NR6 7JN3
£262K09/210.18 mi33, Mountbatten Drive, Norwich, Norfolk NR6 7PJ3
£275K06/240.18 mi3, Mountbatten Drive, Norwich, Norfolk NR6 7PJ3
£285K11/220.18 mi18, Mountbatten Drive, Norwich, Norfolk NR6 7PJ3
£295K09/210.2 mi31, Three Corner Drive, Norwich, Norfolk NR6 7HA3
£260.5K07/210.2 mi37, Three Corner Drive, Norwich, Norfolk NR6 7HA3
£200K04/210.2 mi21, Three Corner Drive, Norwich, Norfolk NR6 7HA3
£242K04/210.21 mi74, Mountbatten Drive, Norwich, Norfolk NR6 7PP3
£247.5K11/200.21 mi144, Mountbatten Drive, Norwich, Norfolk NR6 7PP3
£315K03/230.21 mi144, Mountbatten Drive, Norwich, Norfolk NR6 7PP3
£205K12/200.22 mi173, The Paddocks, Norwich, Norfolk NR6 7HR3
£300K03/230.22 mi43, Edgefield Close, Old Catton, Norwich, Norfolk NR6 7HP3
£201K12/200.22 mi15, Edgefield Close, Old Catton, Norwich, Norfolk NR6 7HP3
£230K03/210.23 mi65, The Paddocks, Norwich, Norfolk NR6 7HE3
£200K07/210.23 mi179, White Woman Lane, Norwich, Norfolk NR6 7JL3
£260K02/210.23 mi111, The Paddocks, Norwich, Norfolk NR6 7HE3
£230K11/220.23 mi11, Gayton Walk, Norwich, Norfolk NR6 7EP3
£215K06/210.23 mi25, Edgefield Close, Norwich, Norfolk NR6 7HP3
£245K11/220.24 mi5, Gayton Walk, Norwich, Norfolk NR6 7EP3
£190K10/200.24 mi4, Gayton Walk, Norwich, Norfolk NR6 7EP3
£185K12/200.26 mi49, Brayfield Way, Norwich, Norfolk NR6 7ET3
£190K11/230.26 mi11, Sywell Close, Norwich, Norfolk NR6 7EW3
£255K01/240.27 mi53, Impala Close, Norwich, Norfolk NR6 7PW3
£265K01/210.29 mi7, Lodge Lane, Norwich, Norfolk NR6 7EA3
£295K04/210.29 mi13, Lodge Lane, Norwich, Norfolk NR6 7EA3
£320K04/230.29 mi13, Lodge Lane, Norwich, Norfolk NR6 7EA3
£210K12/230.29 mi4, Weston Court, Norwich, Norfolk NR6 7EX3
£221K11/210.3 mi111, Westacre Drive, Norwich, Norfolk NR6 7HX3
£250K04/210.3 mi179, Westacre Drive, Norwich, Norfolk NR6 7HX3
£195K11/200.3 mi121, Westacre Drive, Norwich, Norfolk NR6 7HX3
£253K07/230.3 mi113, West Acre Drive, Norwich, Norfolk NR6 7HX3
£292.5K08/240.3 mi52, West Acre Drive, Norwich, Norfolk NR6 7HX3
£350K08/230.31 mi29, Proctor Road, Norwich, Norfolk NR6 7PF3
£208K12/200.32 mi3, Kiln Close, Norwich, Norfolk NR6 7HZ3
£340K11/220.33 mi63, Windsor Park Gardens, Norwich, Norfolk NR6 7PR3
£284K03/230.33 mi35, Proctor Road, Norwich, Norfolk NR6 7PG3
£237.5K04/210.33 mi128, Proctor Road, Norwich, Norfolk NR6 7PH3
£183.5K08/210.33 mi34, Ecton Walk, Old Catton, Norwich, Norfolk NR6 7ES3
£218K10/230.33 mi5, Ecton Walk, Norwich, Norfolk NR6 7ES3
£176K02/210.33 mi33, Ecton Walk, Norwich, Norfolk NR6 7ES3
£275K09/230.34 mi15, Wrenningham Road, Norwich, Norfolk NR6 7ED3
£325K11/230.35 mi63, Proctor Road, Norwich, Norfolk NR6 7PG3

Local Rents

22 rents from £1.1K/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40006/240.2 miThree Corner Drive, Norwich3
£1,30004/250.2 mi-3
£1,05003/250.43 mi-3
£1,20012/240.46 miPriors Drive, Norwich3
£1,05006/240.46 miSpixworth Road, Old Catton, Norwich, NR63
£1,05012/240.5 miWilks Farm Drive, Sprowston, Norwich, NR73
£1,30012/240.57 mi-3
£1,30012/240.66 miNorth Walsham Road, Norwich3
£1,40012/240.74 mi-3
£1,75012/240.85 mi-3
£1,20012/240.85 miBeaufort Close, Old Catton, Norwich3
£1,17503/250.86 mi-3
£1,10012/240.94 miOld Catton3
£1,10006/240.99 miRosebay Close, Norwich3
£1,30003/251.06 mi-3
£1,10006/241.08 miCranes Croft Road3
£1,35006/241.12 miHartbee Road, Norwich, Norfolk, NR63
£1,20004/251.21 mi-3
£1,20008/241.21 mi-3
£1,20007/241.21 miShipfield, Norwich, NR33
£1,25012/241.23 miCannerby Lane, NORWICH3
£1,30004/251.23 mi-3

Local Area Statistics

Population in NR6

24,173

Population in Norwich

366,887

Town centre distance

2.13 miles away

Nearest school

0.20 miles away

Nearest train station

2.91 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £280,000

March 20, 2025

Listed for £290,000

January 20, 2025

Floor Plans

Description

  • Well Presented Spacious End Terrace House +
  • Three Good Sized Bedrooms +
  • Master Bedroom With En-Suite Shower Room +
  • Downstairs WC & Upstairs Family Bathroom +
  • Gas Central Heating & Double Glazing +
  • Full Fibre Broadband To The Property +
  • Enclosed South Facing Rear Garden +
  • Single Garage & Driveway Parking +
  • Quiet Cul-De-Sac Location +

The Estate Agency Hub are pleased to offer this spacious and well-presented three-bedroom end-terrace property situated in a quiet cul-de-sac offering excellent access to local amenities and Norwich City Centre, this property would be ideal for first-time buyers.

The accommodation internally consists of a spacious entrance hall, a fitted kitchen with built-in appliances, a living room with French doors opening into the rear garden, and a downstairs WC. On the first floor, the property offers a master bedroom with an en-suite shower room, two additional bedrooms, and a family bathroom. Externally, the property features an enclosed rear garden, driveway parking, and a single garage.

Accommodation:

Entrance Hall - Door to front aspect. Understairs storage cupboard and radiator.

Cloakroom - WC, wash hand basin and radiator.

Lounge - 15'5" x 12'10" (4.7m x 3.9m) - French doors into rear garden. TV point, telephone point and radiator.

Kitchen - 11'11" x 9'9" (3.6m x 3.0m) - Window to front aspect. Matching wall and base units with work surfaces over. Stainless steel sink and drainer with mixer tap. Built in fridge/freezer, washing machine and dishwasher. Cupboard housing the boiler. Double oven, gas hob and cooker hood over. Radiator, spotlights and under cupboard lighting.

First Floor Landing - Loft access.

Bedroom One - 11'5" x 9'9" (3.5m x 3.0m) - Window to front aspect. Radiator and door into en-suite.

En-Suite - Window to front aspect. Shower cubicle, WC and wash hand basin. Radiator.

Bedroom Two - 10'9" x 8'8" (3.3m x 2.6m) - Window to rear aspect and radiator.

Bedroom Three - 12'6" x 6'7" (3.8m x 2.0m) - Window to rear aspect and radiator.

Bathroom - Bath with shower attachment, WC and wash hand basin. Radiator.

Outside

Front: Landscaped front garden area with slate stones and plants. Side access gate into rear garden.

Rear: South facing lawned rear garden with paved patio areas and enclosed by fencing. Outside tap and lighting.

Parking: Driveway parking for two vehicles.

Garage: Up and over door, power and lighting.

Agents Note:

An annual service charge of £246.85 is payable for this property.

Utilities:

EPC Rating: AWAITED
Council Tax Band: C
Local Authority: Broadland District Council
Heating Type: Gas Central Heating
Mains Water & Mains Drainage

Agent Details

The Estate Agency Hub Ltd, Covering Norfolk & Suffolk

01379 773595

Next Steps?

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