2 Bed Flat, Single Let, Norwich, NR2 1EX, £450,000

8 Strangers Court, Norwich, Norfolk, NR2 1EX - 2 months ago

Leasehold
BTL
~93 m²
+20 photos

ValuationOvervalued

Sold Prices£46.3K - £310K
Sold Prices/m²£756/m² - £3.9K/m²

 

 

Square Metres

~92.89 m²
Price/m²£4.8K/m²

Value Estimate

£237,955

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Total Cash In

£146,200

 

 

Cash Out

 

Rent Range

£895 - £2,250

Rent Estimate

£950

Running Costs/mo

£1,616

Cashflow/mo

£-666

Cashflow/yr

£-7,995

Gross Yield

3%

Local Sold Prices

50 sold prices from £46.3K to £310K, average is £178.8K. £756/m² to £3.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£181K03/210.12 miFlat 6, Colman House, Pottergate, Norwich, Norfolk NR2 1DY2
£181K03/210.12 miFlat 6, Colman House, Pottergate, Norwich, Norfolk NR2 1DY2
£165K09/230.13 miFlat 1, Maude Gray Court, St Benedicts Street, Norwich, Norfolk NR2 4PA2
£195K09/230.14 miFlat 44, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£182K09/210.14 miFlat 33, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£180K01/210.15 mi4, Three King Lane, Norwich, Norfolk NR2 1TX2
£217.5K03/210.17 mi7, St Margarets Street, Norwich, Norfolk NR2 4TU2
£180K12/200.24 mi18, Unicorn Yard, Norwich, Norfolk NR3 3AL2
£150K07/230.25 mi17, Watlings Court, Norwich, Norfolk NR2 1HA2
£180K07/230.25 mi16, Watlings Court, Norwich, Norfolk NR2 1HA2
£207K01/210.27 mi91, Wellington Lane, Norwich, Norfolk NR2 1HJ2
£236.5K01/230.27 mi10, Roaches Court, Norwich, Norfolk NR3 1HJ2
£200K10/230.3 mi23a, Wensum Street, Norwich, Norfolk NR3 1LA2
£310K06/210.3 mi47, Chapel Field East, Norwich, Norfolk NR2 1SF2
£200K10/230.31 miFlat 18, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£205K11/230.31 miFlat 35, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£215K03/230.31 miFlat 3, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£156.5K08/230.33 mi76, Paragon Place, Norwich, Norfolk NR2 4BP2
£128K09/230.33 mi24, Johnson Place, Norwich, Norfolk NR2 2SA2
£260K11/210.34 mi17, St Martin At Bale Court, Norwich, Norfolk NR1 3DZ2
£165K03/230.34 mi66, Paragon Place, Norwich, Norfolk NR2 4BP2
£140K12/200.38 mi25, Fishergate, Norwich, Norfolk NR3 1SE2
£143K09/210.38 mi11, Golding Place, Norwich, Norfolk NR2 4BD2
£180K10/210.39 mi4, Maidstone Road, Norwich, Norfolk NR1 1EA2
£172.5K11/230.39 mi49, Maidstone Road, Norwich, Norfolk NR1 1EA2
£145K01/240.4 mi14, Ely Street, Norwich, Norfolk NR2 4PS2
£164K12/220.4 mi17, Charles Square, Norwich, Norfolk NR2 4BE2
£133K08/230.41 mi41, West Pottergate, Norwich, Norfolk NR2 4BN2
£177.5K08/230.41 mi6, West Pottergate, Norwich, Norfolk NR2 4BN2
£180K12/220.41 mi26, Blackfriars Street, Norwich, Norfolk NR3 1SF2
£190K07/210.42 mi18, St Edmunds Wharf, Norwich, Norfolk NR3 1GU2
£203K02/230.43 mi18, St Edmunds Wharf, Norwich, Norfolk NR3 1GU2
£185K08/230.44 miFlat 19, Morgan House, Rouen Road, Norwich, Norfolk NR1 1QQ2
£140K01/210.45 mi8, Distillery Square, Norwich, Norfolk NR2 4BH2
£135K06/230.46 mi63, Douro Place, Norwich, Norfolk NR2 4BQ2
£145K05/230.46 mi57, Douro Place, Norwich, Norfolk NR2 4BQ2
£150K10/210.46 mi33, Brooke Place, Norwich, Norfolk NR1 3EX2
£199.9K12/200.47 mi8, Woburn Street, Norwich, Norfolk NR2 2RQ2
£155K11/200.47 mi24, Norfolk Street, Norwich, Norfolk NR2 2SN2
£190K03/230.48 mi29, Wessex Street, Norwich, Norfolk NR2 2TJ2
£92.5K12/220.48 mi17, Wessex Street, Norwich, Norfolk NR2 2TJ2
£200K01/230.48 mi7, Wessex Street, Norwich, Norfolk NR2 2TJ2
£46.3K03/210.48 mi39, Wessex Street, Norwich, Norfolk NR2 2TJ2
£165K01/230.48 mi102, West Pottergate, Norwich, Norfolk NR2 4BW2
£147K11/230.48 mi101, West Pottergate, Norwich, Norfolk NR2 4BW2
£135K03/230.48 mi83, West Pottergate, Norwich, Norfolk NR2 4BW2
£170K11/220.48 mi18, Wessex Street, Norwich, Norfolk NR2 2SP2
£218K11/200.49 mi5, Maltsters Yard, Norwich, Norfolk NR1 1RQ2
£125K03/210.51 mi151, Somerleyton Gardens, Norwich, Norfolk NR2 2BS2
£177K07/230.51 mi27, Kenneth Mckee Plain, Norwich, Norfolk NR2 2TH2

Local Rents

51 rents from £895/mo to £2.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,35006/240.08 miSt Giles Street, Norwich2
£1,30008/240.08 miSt Giles Street, Norwich2
£1,15006/240.09 miSt Giles Street, Norwich2
£1,25002/250.1 mi-2
£1,25002/250.1 mi-2
£1,35006/240.1 miSt Giles Street, Norwich2
£1,20007/240.1 miSt Giles Street, Norwich2
£1,20008/240.1 miSt Giles Street, Norwich2
£1,20008/240.1 miSt Giles Street, Norwich2
£1,40006/240.1 mi-2
£1,09506/240.1 miAnchor Quay, Norwich, Norfolk, NR32
£1,20008/240.11 miVantage House, NR2 1EY2
£1,30008/240.11 miVantage House, NR2 1EY2
£95009/240.11 miColman House, Pottergate2
£1,25010/240.11 mi-2
£1,25010/240.11 mi-2
£1,22501/250.11 mi-2
£1,50006/240.13 miShibleys Court, Norwich, Norfolk2
£1,10006/240.14 miDuke Street, Norwich, Norfolk, NR32
£1,15006/240.15 miSt. Giles Street, Norwich, Norfolk, NR22
£1,05003/240.15 miSt. Giles Street, Norwich, NR22
£1,65012/240.16 miCastle Meadow, Norwich2
£1,50002/250.16 mi-2
£95008/240.16 miBethel Street, NORWICH2
£95006/240.17 miSt Margarets Street, Norwich2
£1,30008/240.17 miSt Margarets Street, Norwich2
£1,40003/240.18 miCastle Meadow, Norwich, NR22
£1,40006/240.18 miCastle House, Castle Meadow2
£1,15006/240.18 miUpper St. Giles2
£1,50007/240.2 miTillyard House, 70-72 St Georges Street, Norwich2
£1,29501/240.2 mi-2
£1,30005/240.2 mi-2
£89507/240.21 miColegate, Norwich2
£1,25006/240.23 mi-2
£1,27512/240.23 mi-2
£95006/240.24 miNorwich2
£1,05006/240.24 miNorwich, NR32
£99506/240.24 mi-2
£1,10005/240.25 mi-2
£1,60012/240.25 mi-2
£1,10006/240.25 miWatlings Court, Norwich2
£1,10006/240.25 miNorwich, NR22
£1,00006/240.25 miCopeman Street, Norwich2
£1,10007/240.25 miCopeman Street, Norwich, Norfolk, NR22
£1,25008/240.25 miPottergate, NORWICH2
£1,15007/240.25 miUpper St. Giles Street, NR22
£1,15007/240.26 miCity2
£96912/230.26 mi-2
£1,10006/240.27 miWellington Lane, Norwich2
£1,20007/240.27 miWellingtons Lane, Norwich2
£2,25006/240.27 mi-2

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

0.69 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £450,000

February 28, 2025

Listed for £475,000

January 27, 2025

Floor Plans

Description

  • Charming Home in a Prime City Centre Location +
  • Impeccably Presented Throughout +
  • Stunning Main Reception Room +
  • Grade II Listed +
  • Ground Floor Bedroom Options +
  • Downstairs En-Suite and Further Shower Room +
  • Off-Road Parking +
  • Wealth of Period Features +
  • Seamless Access to the City and its Thriving Culture +

Boasting accommodation and interiors every bit as eclectic as the history within this property, this fine residence within Strangers Court is a city home like no other. Many will be familiar with the delights of Pottergate and the Norwich Lanes, a thriving area of the city with coffee shops, eateries, bars and culture all around, however even the most regular visitors may not be aware that behind the discreet, yet ornate, set of iron gates of Strangers Court, lies a collection of exclusive homes with a fascinating story to tell. In 1565, the city authorities invited Protestant refugees from the Spanish Netherlands to settle in Norwich and boost the city's now famous textile industry. 30 households of master weavers came over from Flanders and soon many more followed. They became known as the "Strangers" and at their peak accounted for over a third of the city's population. Many properties that were once bustling commercial buildings now serve as some of the most idiosyncratic homes to be found anywhere in the city. Number 8 at Strangers Court is one such home. Beyond the attractive front door, the versatility of the home is immediately evident with a ground floor bedroom option enjoying all the character and elegance of the semi-open en-suite bathroom. Rising to the first floor, the modern kitchen is bathed in reams of natural light via the large skylight, whilst the showstopping principal reception ushers in just as much light via the two expansive sash windows. This extraordinary room boasts the sophistication and style found in any Georgian manor house with high ceilings, ornate panelling and plaster coving. Whether it's starting your day with breakfast amongst refined surroundings or inviting friends and family back for drinks after a night at the theatre, it's hard to imagine a space better suited to a fulfilling city lifestyle. Views of the Norwich Lanes from the window reminds you of the delights awaiting you, just steps from your front door. A further bedroom and shower room are found to the first floor, providing well balanced accommodation and boasting more of the refined elegance found in the sitting/dining room. Given its central, yet exclusive, location, practicalities are well catered for. Beyond the iron gates of Strangers Court, private and secure allocated parking comes with this home. NORWICH More than you imagine, closer than you think. This ancient city has been home to writers, radicals and fiercely independent spirits for over a thousand years, and today continues in its legacy as an enclave of culture and creativity. Its perfectly preserved medieval streets are home to a thriving community of small businesses, a vibrant food scene and an established arts culture. It is also a gateway to a county that continues to inspire people with its unspoilt landscapes, open spaces and big skies. Named as one of the best places to live in 2021, Norwich lies approximately 20 miles from the coast at the confluence of the River Yare and the River Wensum, the latter still bending its way through the heart of the city. In the 11th Century, Norwich was the second largest city in the country, and today is still the UK's most complete medieval city. Strolling through the historic cobbled streets of Elm Hill, whatever the season, the Tudor architecture retains its character and beauty. Laced with merchant's houses, thatching, individual homes, speciality shops and small cafes, you'll be led toward the 1,000-year-old Norwich Cathedral. To the west of the city the University of East Anglia is a remarkable example of brutalist architecture, and the campus is also home to the Sainsbury centre, a permanent collection of modern and ethnographic art, gifted by the Sainsbury family. Property types in Norwich are incredibly diverse, from city-centre Victorian properties, converted mills and barns, townhouses and luxury new-builds. Central to the city, Newmarket Road is noted for its selection of grand houses, and the 'Golden Triangle' neighbourhood is a favourite with families. There is also an array of beautiful rural villages within a short drive, notably Stoke Holy Cross to the south, Surlingham to the east, or Bawburgh to the west, where larger rural properties and small estates are often brought to market. When the bright lights call, trains to Liverpool Street take just 90 minutes, and the city's airport flies to a number of UK destinations, as well as direct to Amsterdam. This is a city that reveals itself the longer you stay - a city to fall in love with - a city to be a part of. SERVICES CONNECTED Mains electricity, water and drainage. Gas fired central heating. COUNCIL TAX Band C. ENERGY EFFICIENCY RATING D. Ref:- 0496-3027-5206-7337-1204 To retrieve the Energy Performance Certificate for this property please visit and enter in the reference number above. Alternatively, the full certificate can be obtained through Sowerbys. TENURE Leasehold. Years Remaining: 950. Service Charge: £450 per annum. LOCATION What3words: ///upgrading.weds.cats WEBSITE TAGS historical-homes town-life IMPORTANT NOTE: Please note that we have recently transitioned to a new CRM system. While we strive for accuracy, some property information may not have been fully verified during this changeover. For clarification on important details, including (but not limited to) flood risks, rights of way, restrictions and other critical matters, we strongly recommend contacting us directly. We apologise for any inconvenience and appreciate your understanding.

EPC Rating: D

Agent Details

Sowerbys, Norwich

01603 361647

Next Steps?

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