2 Bed Terraced House, Single Let, Norwich, NR6 7DE, £250,000

8 George Hill, Old Catton, NR6 7DE - 2 months ago

BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£149K - £375K
Sold Prices/m²£2.4K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£211,032

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£795 - £1,200

Rent Estimate

£838

Running Costs/mo

£969

Cashflow/mo

£-131

Cashflow/yr

£-1,570

Gross Yield

4%

Local Sold Prices

50 sold prices from £149K to £375K, average is £220K. £2.4K/m² to £4.6K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£332K11/220.03 mi1, George Hill, Norwich, Norfolk NR6 7DF2
£250K11/210.2 mi99, Spixworth Road, Norwich, Norfolk NR6 7NH2
£230K10/230.23 mi23, Moore Avenue, Norwich, Norfolk NR6 7LA2
£227K11/230.25 mi80, North Walsham Road, Norwich, Norfolk NR6 7QF2
£187.5K06/210.25 mi84, North Walsham Road, Norwich, Norfolk NR6 7QF2
£330K06/230.26 mi1, Parkland Crescent, Norwich, Norfolk NR6 7RQ2
£170K03/210.3 mi5, Dovedales Court, Norwich, Norfolk NR6 7PZ2
£210K06/240.3 mi5, Dovedales Court, Norwich, Norfolk NR6 7PZ2
£375K08/230.32 mi68, School Lane, Sprowston, Norwich, Norfolk NR7 8TQ2
£195K06/210.33 mi4, Bracey Avenue, Norwich, Norfolk NR6 7LB2
£268K01/230.33 mi19, Carterford Drive, Norwich, Norfolk NR3 4DW2
£272K03/240.36 mi8, Neville Close, Norwich, Norfolk NR7 8DT2
£220K03/230.36 mi1, Neville Close, Norwich, Norfolk NR7 8DT2
£250K02/230.36 mi11, Neville Close, Norwich, Norfolk NR7 8DT2
£270K01/230.37 mi100, North Walsham Road, Norwich, Norfolk NR6 7QQ2
£240K04/230.38 mi64, Moore Avenue, Norwich, Norfolk NR6 7LF2
£260K07/230.38 mi28, Pembrey Close, Norwich, Norfolk NR3 3QB2
£218K02/210.39 mi100, North Walsham Road, Norwich, Norfolk NR6 7QQ2
£230K06/230.39 mi1, Jubilee Road, Norwich, Norfolk NR7 8EA2
£217.5K07/230.41 mi18, Oak Lane, Norwich, Norfolk NR3 3QG2
£237K03/230.42 mi1, Allens Lane, Sprowston, Norwich, Norfolk NR7 8EL2
£193K12/200.42 mi24, Post Mill Close, Norwich, Norfolk NR7 8UA2
£169.5K10/200.42 mi17, Post Mill Close, Norwich, Norfolk NR7 8UA2
£207K01/210.43 mi145, School Lane, Sprowston, Norwich, Norfolk NR7 8TR2
£280K08/230.43 mi106, Moore Avenue, Norwich, Norfolk NR6 7LQ2
£336K11/220.43 mi128, Moore Avenue, Norwich, Norfolk NR6 7LQ2
£198K08/210.43 mi26, Blacksmiths Way, Norwich, Norfolk NR6 7DT2
£152K10/230.45 mi34, Dogwood Road, Norwich, Norfolk NR6 6JW2
£215K04/210.45 mi173, Spixworth Road, Norwich, Norfolk NR6 7DY2
£181.6K07/210.45 mi167, Spixworth Road, Norwich, Norfolk NR6 7DY2
£220K03/240.45 mi167, Spixworth Road, Norwich, Norfolk NR6 7DY2
£200K05/240.45 mi76, Fiddlewood Road, Norwich, Norfolk NR6 6JP2
£223K03/210.46 mi1, Porters Loke, Norwich, Norfolk NR7 8UE2
£210K07/240.46 mi5, Porters Loke, Norwich, Norfolk NR7 8UE2
£170K01/210.49 mi4, Brightwell Road, Norwich, Norfolk NR3 3PG2
£177K04/210.5 mi10, Billing Close, Norwich, Norfolk NR6 7EL2
£212K10/210.5 mi11, Billing Close, Norwich, Norfolk NR6 7EL2
£162K07/230.51 mi21, Lintock Road, Norwich, Norfolk NR3 3NU2
£176K01/210.51 mi23, Recreation Ground Road, Norwich, Norfolk NR7 8EN2
£245K11/230.53 mi1a, Allens Avenue, Norwich, Norfolk NR7 8EP2
£280K09/230.54 mi1, Recreation Ground Road, Norwich, Norfolk NR7 8EN2
£313K04/230.55 mi209, St Faiths Road, Norwich, Norfolk NR6 7AQ2
£150K01/230.56 mi56, Bussey Road, Norwich, Norfolk NR6 6DN2
£245K08/210.59 mi19, Edwards Road, Norwich, Norfolk NR7 8QW2
£149K03/240.6 mi70, Templemere, Norwich, Norfolk NR3 4EG2
£189K11/200.61 mi88, Anthony Drive, Norwich, Norfolk NR3 4ES2
£235K02/210.61 mi22, Alford Grove, Norwich, Norfolk NR7 8XB2
£220K12/230.62 mi92, Proctor Road, Norwich, Norfolk NR6 7PH2
£240K12/200.62 mi102, Proctor Road, Norwich, Norfolk NR6 7PH2
£222K10/230.62 mi12, Lilburne Avenue, Norwich, Norfolk NR3 3NY2

Local Rents

14 rents from £795/mo to £1.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,20006/240.38 miDenton Road, Norwich2
£79512/240.41 miNeville Road, Norwich, Norfolk, NR72
£92506/240.43 miSchool Lane, NR7 8TR2
£1,20012/240.46 mi-2
£82506/240.48 miCatton View Court, Norwich, NR32
£89507/240.48 miCatton View Court, Norwich2
£99507/240.5 miSprowston Road, Norwich2
£99508/240.5 miSprowston Road, Norwich2
£85006/240.53 miBrockwell Court, Norwich, NR32
£90003/240.53 miMousehold Lane, NR72
£90006/240.59 miWindmill Court, Norwich, NR32
£89507/240.61 miAnthony Drive, Norwich, NR32
£90004/250.61 mi-2
£90003/250.62 mi-2

Local Area Statistics

Population in NR6

24,173

Population in Norwich

366,887

Town centre distance

1.23 miles away

Nearest school

0.40 miles away

Nearest train station

2.07 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

January 31, 2025

Floor Plans

Description

  • Guide Price £250,000 - £260,000 +
  • Three Storey Period Cottage +
  • Packed With An Abundance Of Character And Original Features +
  • Two Generous Bedrooms +
  • Four-Piece Bathroom With Shower And A Jacuzzi Bath +
  • Courtyard Garden With Improved Outbuilding Which Serves As A Utility Room +
  • Cosy Sitting Room With Inglenook Fireplace And Wood-Burning Stove +
  • Modern Kitchen +
  • Double Glazed +
  • EPC Rating - D +

Guide Price £250,000 - £260,000. A Beautifully Presented, Character-Filled Cottage Dating Back To The 19th Century.

Nestled within a former textile mill, this delightful two double-bedroom, three-storey period cottage perfectly blends historic charm with modern comforts. Packed with character, the property boasts an array of stunning features, including exposed beams, wooden flooring, and a cosy inglenook fireplace with a wood-burning stove.

The inviting sitting room is the heart of the home, with its wood-burning stove set in a beautiful fireplace, ideal for cozy evenings. A modern and well-appointed kitchen completes this level.
Discover a generously sized double bedroom and a luxurious four-piece family bathroom, complete with a relaxing jacuzzi bath.
The top floor provides a spacious and light-filled master bedroom with independent staircase and oak flooring.
Step outside to enjoy a charming paved courtyard, and a brick-built outbuilding that functions as a utility room.

Services - Mains Gas, Water And Drainage Connected

Agent Details

Ben Allman Estate & Letting Agent, Norwich

01603 555577

Next Steps?

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