3 Bed Terraced House, Single Let, Norwich, NR2 3RR, £265,000

Winter Road, Norwich, NR2 3RR - 2 months ago

Under Offer
BTL
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£130K - £426.5K
Sold Prices/m²£1.8K/m² - £4.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£330,815
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£17,700

Total Cash In

£83,950

 

 

Cash Out

 

Rent Range

£900 - £1,850

Rent Estimate

£1,100

Running Costs/mo

£1,068

Cashflow/mo

£32

Cashflow/yr

£383

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £130K to £426.5K, average is £260K. £1.8K/m² to £4.7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£248K12/200 mi29, Winter Road, Norwich, Norfolk NR2 3RR3
£269K10/210 mi39, Winter Road, Norwich, Norfolk NR2 3RR3
£266K08/230 mi43, Winter Road, Norwich, Norfolk NR2 3RR3
£265K09/210 mi45, Winter Road, Norwich, Norfolk NR2 3RR3
£260K01/210 mi43, Winter Road, Norwich, Norfolk NR2 3RR3
£270.5K05/210 mi50, Winter Road, Norwich, Norfolk NR2 3RR3
£235K02/210 mi28, Winter Road, Norwich, Norfolk NR2 3RR3
£315K04/230 mi52, Winter Road, Norwich, Norfolk NR2 3RR3
£235K02/210 mi28, Winter Road, Norwich, Norfolk NR2 3RR3
£253.3K12/200.04 mi126, Stafford Street, Norwich, Norfolk NR2 3BQ3
£280K11/200.05 mi53, Edinburgh Road, Norwich, Norfolk NR2 3RJ3
£426.5K01/230.06 mi49, Edinburgh Road, Norwich, Norfolk NR2 3RJ3
£250K04/210.08 mi3, St Thomas Road, Norwich, Norfolk NR2 3RP3
£260K05/230.08 mi94, Stafford Street, Norwich, Norfolk NR2 3BG3
£285K08/230.08 mi83, Stafford Street, Norwich, Norfolk NR2 3BG3
£280K06/230.08 mi112, Stafford Street, Norwich, Norfolk NR2 3BG3
£130K04/230.1 mi98, Edinburgh Road, Norwich, Norfolk NR2 3RL3
£230K10/210.1 mi65b, Connaught Road, Norwich, Norfolk NR2 3BS3
£270K07/230.1 mi97, Connaught Road, Norwich, Norfolk NR2 3BS3
£255K01/210.1 mi65a, Connaught Road, Norwich, Norfolk NR2 3BS3
£405K03/210.11 mi30, Sandringham Road, Norwich, Norfolk NR2 3RZ3
£248K10/200.11 mi54, Sandringham Road, Norwich, Norfolk NR2 3RZ3
£373.1K09/230.11 mi73, Sandringham Road, Norwich, Norfolk NR2 3RZ3
£215K11/200.11 mi18, Helena Road, Norwich, Norfolk NR2 3BZ3
£262K03/210.12 mi39, Helena Road, Norwich, Norfolk NR2 3BY3
£264K10/230.12 mi55, Helena Road, Norwich, Norfolk NR2 3BY3
£278K01/230.12 mi104, Edinburgh Road, Norwich, Norfolk NR2 3RL3
£265K08/230.14 mi28, Connaught Road, Norwich, Norfolk NR2 3BP3
£240K11/200.14 mi39, Connaught Road, Norwich, Norfolk NR2 3BP3
£257.5K03/240.14 mi7, Maud Street, Norwich, Norfolk NR2 3BE3
£267.5K12/200.14 mi49, Stafford Street, Norwich, Norfolk NR2 3BD3
£300K12/220.17 mi226, Dereham Road, Norwich, Norfolk NR2 3AW3
£179K03/210.17 mi206, Dereham Road, Norwich, Norfolk NR2 3AN3
£415.8K12/200.19 mi35, St Philips Road, Norwich, Norfolk NR2 3BL3
£347.6K11/230.19 mi8, St Philips Road, Norwich, Norfolk NR2 3BL3
£331.3K10/210.19 mi180, Dereham Road, Norwich, Norfolk NR2 3AJ3
£347K06/230.19 mi18, Stafford Street, Norwich, Norfolk NR2 3BB3
£376.7K09/220.2 mi227, Dereham Road, Norwich, Norfolk NR2 3TF3
£211K10/230.21 mi267, Dereham Road, Norwich, Norfolk NR2 3TQ3
£225K11/210.21 mi48, Bowthorpe Road, Norwich, Norfolk NR2 3TW3
£195K12/200.21 mi42, Bowthorpe Road, Norwich, Norfolk NR2 3TW3
£222K09/230.21 mi32, Bowthorpe Road, Norwich, Norfolk NR2 3TW3
£240K11/200.23 mi281, Dereham Road, Norwich, Norfolk NR2 3TH3
£214K04/210.24 mi20, Caernarvon Road, Norwich, Norfolk NR2 3HX3
£225K05/210.24 mi51, Gladstone Street, Norwich, Norfolk NR2 3BH3
£254.5K10/210.24 mi17, Wellington Road, Norwich, Norfolk NR2 3HT3
£270K12/230.24 mi30, Wellington Road, Norwich, Norfolk NR2 3HT3
£222.5K11/210.25 mi17, Livingstone Street, Norwich, Norfolk NR2 4HE3
£222K07/210.25 mi7, Grant Street, Norwich, Norfolk NR2 4HA3
£228K09/210.25 mi22, Grant Street, Norwich, Norfolk NR2 4HA3

Local Rents

50 rents from £900/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,26006/240.08 miHelena Road, Norwich NR2 3BZ3
£1,45006/240.1 miGolden Triangle, NR23
£1,37006/240.1 miConnaught Road, Norwich, NR23
£1,49506/240.17 mi-3
£1,20006/240.19 miDereham Road, Norwich NR2 3TG3
£99002/240.21 mi-3
£99005/240.21 mi-3
£1,05008/240.21 mi-3
£1,32505/240.22 mi-3
£1,29006/240.22 mi-3
£1,29006/240.22 miAlexandra Road, Norwich, NR23
£1,25001/250.22 mi-3
£1,26006/240.22 miAlexandra Road, Norwich, NR2 3EA3
£1,15007/240.23 mioff dereham road3
£1,29508/240.23 miAlexandra Road, Norwich3
£1,14006/240.24 miGladstone Street, Norwich NR2 3BH3
£1,35009/240.24 miCaernarvon Road, Norwich, NR23
£1,30006/240.24 miWellington Road, NORWICH3
£1,10006/240.25 miLivingstone Street, NR2 4HE3
£1,60006/240.25 miDereham Road, Norwich3
£1,25006/240.25 miGladstone Street, Norwich, Norfolk, NR2 3BH3
£1,12511/240.25 mi-3
£1,20006/240.25 miGladstone Street, Norwich NR2 3BJ3
£1,35006/240.26 miGrant Street, Norwich NR2 4HA3
£1,30006/240.28 miWellington Road, Norwich, NR23
£1,30006/240.29 miWellington Road, Norwich3
£1,07506/240.29 miCaernarvon Road, Norwich, NR2 3HY3
£1,20006/240.3 miDenbigh Road, Norwich, NR2 3HH3
£1,35006/240.31 miHotblack Road, Norwich NR2 4HQ3
£1,30008/240.31 miBowthorpe Road, NORWICH3
£1,40009/240.31 miBowthorpe Road, Norwich, NR23
£1,35006/240.31 miHotblack Road, Norwich NR2 4HQ3
£1,20006/240.32 miHotblack Road, Norwich, NR2 4HQ3
£1,30008/240.32 miHeigham Road, Norwich, NR2 3AU3
£1,15006/240.33 miThe Shrublands, Norwich, Norfolk, NR23
£1,40003/250.34 mi-3
£1,26006/240.34 miSwansea Road, Norwich NR2 3HU3
£1,35007/240.37 miHotblack Road, Norwich, Norfolk, NR23
£1,74506/240.37 miHotblack Road, Norwich3
£1,15006/240.38 miCardiff Road, Norwich, NR23
£1,15006/240.38 mi-3
£1,20006/240.39 miDereham Road, Norwich, NR23
£90006/240.39 miAdelaide Street, Norwich3
£1,20008/240.46 miLubbock Close, Norwich, Norfolk, NR23
£1,85006/240.47 miThe Chapters, Park Lane, Norwich3
£1,20006/240.47 miAvenue Road, Norwich NR2 3HW3
£1,26006/240.47 miAvenue Road, Norwich NR2 3HN3
£1,20007/240.48 miWest CityN/A
£1,30009/240.5 miPortersfield Road, Norwich, NR23
£1,15008/240.5 miClifton Street, Norwich3

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

1.05 miles away

Nearest school

0.20 miles away

Nearest train station

1.57 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £265,000

February 11, 2025

Description

  • Bay Fronted City Terrace +
  • Three 'Off Landing' Bedrooms +
  • Desirable Golden Triangle Street +
  • Backs onto Woodland +
  • No through Road +

Bay fronted Golden Triangle terrace with three bedrooms OFF LANDING. Situated in a very sought after location which has no through road. Backing onto woodland it is ideally situated close to shops and excellent local amenities. The property boasts an open plan living and dining room with kitchen and ground floor bathroom with bath and separate shower. Upstairs there are three bedrooms all off landing. The larger than average garden has been beautifully landscaped by the current owners and backs on to Earlham Road Cemetery woodland. The property still retains some original feature and stripped wood floors.  The property is currently tenanted with a potential gross income of £13,200pa so makes a great investment. Photo's shown are our library photo's from last change of tenancy. The property is Council Tax Band B under Norwich City Council. Northwood confirm that these particulars are believed to be accurate but they are a brief summary issued for general guidance only and are not comprehensive. These particulars and any text, measurements, dimensions or indicative plans made available are for general information only and do not form part of any offer or contract. Prospective purchases should not rely on these particulars and must satisfy themselves on all aspects by inspection or otherwise. Northwood, their employees and representatives are not authorised to make or give any representations, assurances or warranties for the property, whether within these particulars or otherwise, and no liability is accepted to the purchaser in this respect. EPC rating: D. Tenure: Freehold,

Agent Details

Northwood, Ipswich

01473 299070

Next Steps?

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