3 Bed Terraced House, Single Let, Norwich, NR3 1NR, £210,000

Anchor Street, Norwich, NR3 1NR - 2 views - 3 months ago

Leasehold
BTL
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£127K - £335K
Sold Prices/m²£2.2K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£252,098
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£8,400

Total Cash In

£60,900

 

 

Cash Out

 

Rent Range

£900 - £1,800

Rent Estimate

£913

Running Costs/mo

£859

Cashflow/mo

£54

Cashflow/yr

£650

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £127K to £335K, average is £210K. £2.2K/m² to £4.6K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£186K02/210.01 mi44, Anchor Street, Norwich, Norfolk NR3 1NR3
£190K02/210.01 mi46, Anchor Street, Norwich, Norfolk NR3 1NR3
£166.2K02/210.01 mi28, Anchor Street, Norwich, Norfolk NR3 1NR3
£237.5K04/210.05 mi86, Mousehold Street, Norwich, Norfolk NR3 1NX3
£236.5K07/230.1 mi34, Morley Street, Norwich, Norfolk NR3 1ND3
£205K07/210.1 mi21, Morley Street, Norwich, Norfolk NR3 1ND3
£210K09/230.12 mi62, Silver Road, Norwich, Norfolk NR3 4TD3
£154K06/230.15 mi84, Silver Road, Norwich, Norfolk NR3 4TE3
£170K07/230.15 mi96, Silver Road, Norwich, Norfolk NR3 4TE3
£175K12/210.16 mi34, Silver Road, Norwich, Norfolk NR3 4TA3
£215K11/200.18 mi66, Mousehold Avenue, Norwich, Norfolk NR3 4RS3
£185K03/210.19 mi103, Silver Street, Norwich, Norfolk NR3 4TU3
£210K01/240.19 mi68, Silver Street, Norwich, Norfolk NR3 4TU3
£127K01/210.19 mi87, Silver Street, Norwich, Norfolk NR3 4TU3
£172.7K07/210.19 mi137, Bull Close Road, Norwich, Norfolk NR3 1NY3
£255K08/230.2 mi27, Lavengro Road, Norwich, Norfolk NR3 4RT3
£177K01/210.2 mi63, Wodehouse Street, Norwich, Norfolk NR3 4TY3
£265K12/220.21 mi150, Marlborough Road, Norwich, Norfolk NR3 4PJ3
£185K11/200.21 mi158, Marlborough Road, Norwich, Norfolk NR3 4PJ3
£215K02/210.21 mi118a, Silver Road, Norwich, Norfolk NR3 4TF3
£265K08/230.22 mi73, Marlborough Road, Norwich, Norfolk NR3 4PL3
£255.3K01/230.23 mi172, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£215K02/210.23 mi82, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£212.5K01/230.23 mi136, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£195K02/230.23 mi134, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£210K01/210.24 mi123, Beaconsfield Road, Norwich, Norfolk NR3 4AB3
£177.5K03/210.24 mi167, Beaconsfield Road, Norwich, Norfolk NR3 4AB3
£205K11/200.25 mi31, Crome Road, Norwich, Norfolk NR3 4RG3
£277K04/230.25 mi35, Crome Road, Norwich, Norfolk NR3 4RG3
£201K04/210.25 mi123, Knowsley Road, Norwich, Norfolk NR3 4PT3
£220K05/230.25 mi159, Knowsley Road, Norwich, Norfolk NR3 4PT3
£177K01/210.25 mi55, Silver Street, Norwich, Norfolk NR3 4TT3
£180K04/230.27 mi71, Bull Close Road, Norwich, Norfolk NR3 1NQ3
£170K11/210.27 mi55, Bull Close Road, Norwich, Norfolk NR3 1NQ3
£190K06/230.27 mi20, Romany Road, Norwich, Norfolk NR3 4RE3
£230K09/210.27 mi18, Romany Road, Norwich, Norfolk NR3 4RE3
£253.5K02/240.27 mi25, Romany Road, Norwich, Norfolk NR3 4RE3
£154K05/210.27 mi140, Silver Road, Norwich, Norfolk NR3 4TG3
£230K11/200.28 mi42, Spencer Street, Norwich, Norfolk NR3 4PA3
£335K11/230.28 mi41, Spencer Street, Norwich, Norfolk NR3 4PA3
£265K03/230.29 mi78, Romany Road, Norwich, Norfolk NR3 4RF3
£265K10/230.29 mi133, Churchill Road, Norwich, Norfolk NR3 4PZ3
£215K11/230.29 mi95, Churchill Road, Norwich, Norfolk NR3 4PZ3
£187.5K01/210.29 mi99, Churchill Road, Norwich, Norfolk NR3 4PZ3
£192K07/230.29 mi98, Churchill Road, Norwich, Norfolk NR3 4PZ3
£248K06/230.29 mi87, Romany Road, Norwich, Norfolk NR3 4RF3
£262K01/230.29 mi72, Romany Road, Norwich, Norfolk NR3 4RF3
£240K08/210.3 mi41, Southalls Way, Norwich, Norfolk NR3 4SA3
£281.5K08/230.3 mi41, Southalls Way, Norwich, Norfolk NR3 4SA3
£265K11/200.3 mi101, Southalls Way, Norwich, Norfolk NR3 4SA3

Local Rents

50 rents from £900/mo to £1.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10001/250.13 mi-3
£1,05003/240.14 miSilver Road,Norwich,NR33
£1,25001/250.15 mi-3
£99502/250.15 mi-3
£1,29506/240.18 miMousehold Avenue, Norwich, Norfolk, NR33
£1,40006/240.19 miSilver Street, NR3 4TU3
£1,25007/240.19 miWodehouse Street, Norwich3
£1,29008/240.22 mi-3
£1,45012/240.22 mi-3
£1,20007/240.24 miWodehouse Street3
£1,40006/240.27 miSpencer Street, Norwich, NR33
£1,15007/240.29 miChurchil Road, Norwich3
£1,40001/250.29 mi-3
£90006/240.29 miBeaconsfield Road, Norwich, 3
£1,10009/240.29 miBeaconsfield Road, Norwich, 3
£1,10006/240.33 miSpencer Street, Norwich, NR3 4PE3
£1,10007/240.33 miMarlborough Road, Norwich, NR33
£1,10011/240.34 mi-3
£95006/240.36 miWall Lane, Norwich, Norfolk, NR33
£1,30006/240.39 miChurchill Road, NR3 4PY3
£1,20006/240.39 miMagdalen Street, Norwich3
£1,15008/240.4 miBell Road, Norwich, NR33
£1,20009/240.4 miNorwich3
£1,15006/240.41 miNorthcote Road, NORWICH3
£1,35006/240.43 miLadysmith Road, Norwich3
£1,05006/240.43 miMagdalen Road, Norwich, Norfolk, NR33
£1,30006/240.44 miMagpie Road, NORWICH3
£1,20006/240.44 miMagpie Road, Norwich3
£1,20007/240.44 miMagpie Road, Norwich3
£1,20007/240.44 miMagpie Road, Norwich3
£97506/240.44 miMagpie Road,Norwich,NR33
£1,10006/240.45 miStacy Road, Norwich, NR33
£1,10007/240.45 miStacy Road, Norwich, NR33
£1,35007/240.46 miPigg Lane, NORWICH3
£1,35008/240.46 miPigg Lane, Norwich3
£97506/240.46 miGertrude Road, Norwich, NR33
£1,10006/240.46 miGertrude Road, Norwich3
£1,80011/240.46 mi-3
£99507/240.47 mi-3
£1,10002/250.47 mi-3
£97506/240.48 mi-3
£95006/240.5 miGertrude Road3
£1,10006/240.52 miEsdelle Street, Norwich3
£1,65007/240.52 miOpposite the Cathedral, Norwich, NR33
£1,09506/240.53 mi-3
£1,10006/240.55 miWaterloo Road, Norwich, NR33
£1,15003/250.57 mi-3
£95008/240.57 miWaterloo Road, Norwich3
£1,25006/240.58 miAlms Lane, Norwich, NR3 1EX3
£90001/250.58 mi-3

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.59 miles away

Nearest school

0.20 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Price changed to £210,000

March 20, 2025

Price changed to £230,000

February 4, 2025

Listed for £240,000

January 23, 2025

Floor Plans

Description

  • Original character features throughout the property +
  • Neutral decor providing a blank canvas for customisation +
  • Good proximity to local amenities and transport links +
  • Wooden pergola for outdoor enjoyment in the warmer months +
  • Modern kitchen with quirky checkerboard flooring +
  • Two spacious double bedrooms +
  • Versatile third bedroom perfect for a home office or nursery +
  • Recently updated ground-floor bathroom with a white suite +
  • Low-maintenance rear garden with decked seating area +
  • Guide Price £240,000 - £250,000 +

*Guide Price £240,000 - £250,000* A traditional terrace you can truly make your own, this three-bedroom mid-terrace home is packed with potential for first-time buyers or investors. Highlights include a modern kitchen with quirky checkerboard flooring and ample storage, as well as two flexible reception rooms, featuring original fireplaces. Upstairs, the layout offers two spacious double bedrooms and a versatile third room, perfect for a nursery or home office. The ground-floor bathroom has been recently updated with a clean white suite and stylish finishes. Outside, the non-bisected garden features a low-maintenance design with a decked seating area and a wooden pergola, creating a delightful space to enjoy in warmer weather. The Location Located in Norwich, is situated in a residential area known for its family-friendly environment and community spirit. The road is conveniently positioned within proximity to a range of local amenities, including shops, schools, and parks, making it an ideal location for families and professionals alike. Residents can enjoy easy access to the city centre, which is just a short distance away, offering a variety of shopping, dining, and cultural attractions. Silver Road is well-served by public transport, with regular bus services connecting to various parts of the city. Additionally, nearby green spaces, such as Mousehold Heath and the River Wensum, provide ample opportunities for outdoor recreation and leisure activities, enhancing the appeal of this desirable neighbourhood. Anchor Street This three-bedroom mid-terrace home presents an excellent opportunity for first-time buyers or investors to create a home with their own flair. With its traditional terraced layout, the property features a modern kitchen with quirky checkerboard flooring, tiled finishes, and ample storage—offering both functionality and potential for personal touches. The ground floor also includes two reception rooms, each with original fireplaces, providing versatile spaces that can be arranged as a lounge, dining room, or workspace to suit your needs. Upstairs, the property boasts three bedrooms, including two spacious doubles and a versatile third room that could serve as a home office, nursery, or additional storage. The ground-floor bathroom has been recently updated, featuring a white suite, panelled bathtub, chrome towel rail, and neat tiling—providing a practical and fresh space. At the rear, the garden is non-bisected and designed for low maintenance, with a decked seating area and a wooden pergola, offering a lovely space to enjoy during the warmer months. With its mix of character features, move-in-ready convenience, and room to customise, this home is a superb choice for buyers looking to make it their own or for landlords seeking an appealing rental property. 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, Unthank Road, Norwich

01603 361808

Next Steps?

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