3 Bed Terraced House, Single Let, Norwich, NR1 1JB, £290,000

Norwich, NR1 1JB - 2 views - 2 months ago

BTL

~93 m²

+10 photos

ValuationOvervalued

Sold Prices	£176K - £430K
Sold Prices/m²	£2.2K/m² - £4.7K/m²

Square Metres	~93 m²
Price/m²	£3.1K/m²
Value Estimate	£278,057£278,057

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£72,500£72,500
Stamp Duty & Legal Fees	£11,900£11,900
Total Cash In	£84,400£84,400

Cash Out
Rent Range	£995 - £2,400£995 - £2,400
Rent Estimate	£996
Running Costs/mo	£1,125£1,125
Cashflow/mo	£-129£-129
Cashflow/yr	£-1,553£-1,553
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £176K to £430K, average is £247.5K. £2.2K/m² to £4.7K/m², average is £3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£265K	11/22	0.01 mi	19, Kerrison Road, Norwich, Norfolk NR1 1JB	£3,472	76	3	Semi-Detached House
£285K	11/22	0.01 mi	11, Kerrison Road, Norwich, Norfolk NR1 1JB	£4,062	70	3	Semi-Detached House
£285K	10/23	0.05 mi	71, Carrow Road, Norwich, Norfolk NR1 1HS	£2,545	112	3	Terraced House
£228K	12/23	0.05 mi	43, Carrow Road, Norwich, Norfolk NR1 1HS	£2,961	77	3	Terraced House
£232.5K	07/21	0.05 mi	69, Carrow Road, Norwich, Norfolk NR1 1HS	£3,019	77	3	Terraced House
£272K	12/22	0.06 mi	45, Cozens Road, Norwich, Norfolk NR1 1JJ	£3,118	87	3	Terraced House
£195K	01/24	0.09 mi	33, Hardy Road, Norwich, Norfolk NR1 1JN	£2,407	81	3	Terraced House
£236K	06/24	0.09 mi	27, Hardy Road, Norwich, Norfolk NR1 1JN	£2,713	87	3	Terraced House
£235K	07/24	0.09 mi	35, Hardy Road, Norwich, Norfolk NR1 1JN	£4,705	50	3	Terraced House
£245K	05/24	0.19 mi	32, Carrow Road, Norwich, Norfolk NR1 1HJ	£2,227	110	3	Terraced House
£368K	09/21	0.2 mi	11, Cedar Road, Norwich, Norfolk NR1 1HL	£2,746	134	3	Semi-Detached House
£224K	05/21	0.2 mi	27, Cedar Road, Norwich, Norfolk NR1 1HL	£2,316	97	3	Semi-Detached House
£220K	10/20	0.2 mi	30, Cedar Road, Norwich, Norfolk NR1 1HL	£2,340	94	3	Terraced House
£350K	02/21	0.27 mi	126c, Thorpe Road, Norwich, Norfolk NR1 1RJ	£3,398	103	3	Semi-Detached House
£250K	12/20	0.29 mi	288, King Street, Norwich, Norfolk NR1 2BL	£3,049	82	3	Semi-Detached House
£220K	08/23	0.29 mi	278, King Street, Norwich, Norfolk NR1 2BL	£2,391	92	3	Terraced House
£284K	01/24	0.29 mi	288, King Street, Norwich, Norfolk NR1 2BL	£3,463	82	3	Semi-Detached House
£230K	01/23	0.31 mi	5, Alan Road, Norwich, Norfolk NR1 2BX	-	-	3	Semi-Detached House
£390K	12/21	0.32 mi	37, Wherry Road, Norwich, Norfolk NR1 1WS	£3,391	115	3	Terraced House
£380K	02/21	0.32 mi	40, Wherry Road, Norwich, Norfolk NR1 1WS	£3,016	126	3	Terraced House
£280K	12/20	0.34 mi	2, Fernhill, Norwich, Norfolk NR1 4AQ	£3,111	90	3	Semi-Detached House
£176K	11/23	0.34 mi	10, Glendenning Road, Norwich, Norfolk NR1 1YS	£2,724	65	3	Semi-Detached House
£250K	08/21	0.38 mi	16a, Ethel Road, Norwich, Norfolk NR1 4DB	£3,472	72	3	Semi-Detached House
£270K	07/21	0.38 mi	16b, Ethel Road, Norwich, Norfolk NR1 4DB	-	-	3	Semi-Detached House
£210K	03/21	0.38 mi	4, Argyle Street, Norwich, Norfolk NR1 2DA	£2,714	77	3	Terraced House
£310K	03/21	0.4 mi	14, Hillhouse Road, Norwich, Norfolk NR1 4BW	£3,483	89	3	Semi-Detached House
£370K	02/21	0.4 mi	3, Churston Close, Norwich, Norfolk NR1 2BD	£3,458	107	3	Terraced House
£219K	07/21	0.4 mi	44, Salisbury Road, Norwich, Norfolk NR1 1TU	£2,861	77	3	Terraced House
£176.5K	03/21	0.4 mi	62, Salisbury Road, Norwich, Norfolk NR1 1TU	£2,263	78	3	Terraced House
£255K	08/24	0.4 mi	48, Salisbury Road, Norwich, Norfolk NR1 1TU	-	-	3	Terraced House
£230K	03/24	0.4 mi	25, Salisbury Road, Norwich, Norfolk NR1 1TU	£2,949	78	3	Terraced House
£313.5K	02/21	0.41 mi	10, Rosedale Crescent, Norwich, Norfolk NR1 4BH	£3,522	89	3	Semi-Detached House
£382.5K	06/24	0.41 mi	154, Thorpe Road, Norwich, Norfolk NR1 1TJ	£3,152	121	3	Terraced House
£245K	04/21	0.43 mi	25, Ella Road, Norwich, Norfolk NR1 4BP	£2,552	96	3	Terraced House
£430K	01/21	0.44 mi	8, Old Library Mews, Norwich, Norfolk NR1 1ET	-	-	3	Semi-Detached House
£200K	11/20	0.44 mi	19, Ella Road, Norwich, Norfolk NR1 4BP	£2,532	79	3	Terraced House
£192K	06/21	0.44 mi	11, Ella Road, Norwich, Norfolk NR1 4BP	£2,743	70	3	Terraced House
£230K	05/24	0.45 mi	46, Ella Road, Norwich, Norfolk NR1 4BS	£3,575	64	3	Terraced House
£230K	06/21	0.45 mi	16, Ella Road, Norwich, Norfolk NR1 4BS	£2,771	83	3	Terraced House
£238K	06/21	0.45 mi	52, Ella Road, Norwich, Norfolk NR1 4BS	£3,306	72	3	Terraced House
£255K	01/23	0.46 mi	84e, Rosary Road, Norwich, Norfolk NR1 4BX	£2,833	90	3	Semi-Detached House
£220K	12/20	0.46 mi	24, Marion Road, Norwich, Norfolk NR1 4BN	£2,588	85	3	Terraced House
£229K	02/24	0.46 mi	33, Marion Road, Norwich, Norfolk NR1 4BN	£3,578	64	3	Terraced House
£250K	10/21	0.46 mi	27, Cremorne Lane, Norwich, Norfolk NR1 1TX	£3,392	74	3	Terraced House
£250K	07/23	0.46 mi	27, Cremorne Lane, Norwich, Norfolk NR1 1TX	£3,392	74	3	Terraced House
£307K	03/21	0.49 mi	3, Aspland Road, Norwich, Norfolk NR1 1SH	£3,070	100	3	Terraced House
£280K	10/23	0.49 mi	31, City Road, Norwich, Norfolk NR1 3AJ	£2,964	94	3	Semi-Detached House
£222.5K	02/23	0.49 mi	16, Doman Road, Norwich, Norfolk NR1 3AW	£2,649	84	3	Terraced House
£244.5K	07/23	0.5 mi	17, Geoffrey Road, Norwich, Norfolk NR1 3BN	£3,260	75	3	Terraced House
£275K	03/23	0.5 mi	40, Beatrice Road, Norwich, Norfolk NR1 4BB	£3,379	81	3	Terraced House

Local Rents

34 rents from £995/mo to £2.4K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,350	06/24	0.09 mi	Carrow Road, Norwich, NR1	3	Flat
£1,600	06/24	0.12 mi	Geoffrey Watling Way, Norwich NR1	3	Flat
£1,900	12/24	0.13 mi	Robinson Bank, NR1 1GG	3	Flat
£1,895	06/24	0.17 mi	Geoffrey Watling Way, Norwich, NR1	3	Flat
£1,250	04/25	0.18 mi	-	3	Terraced House
£995	12/24	0.19 mi	Carrow Road, Norwich	3	House
£1,400	12/24	0.2 mi	Cedar Road, NORWICH	3	House
£1,195	12/24	0.21 mi	Cedar Road, Norwich, NR1	3	House
£1,150	12/24	0.28 mi	Thorpe Road	3	Semi-Detached House
£2,400	12/24	0.28 mi	King Street, Norwich	3	Flat
£1,500	01/24	0.29 mi	-	3	Flat
£1,295	12/24	0.31 mi	Alan Road, Norwich	3	Semi-Detached House
£1,695	06/24	0.32 mi	Tibbenha house	3	Flat
£995	06/24	0.33 mi	Stuart Road, Norwich	3	Terraced House
£1,050	06/24	0.38 mi	Argyle Street, Norwich, NR1	3	Terraced House
£1,300	06/24	0.4 mi	Wherry Road, NORWICH	3	Flat
£1,000	06/24	0.44 mi	Normandie Tower, Norwich,	3	Flat
£1,000	12/24	0.44 mi	Normandie Tower, Rouen Road, Norwich	3	Flat
£1,100	06/24	0.46 mi	Marion Road, Norwich, Norfolk, NR1	3	Terraced House
£1,200	06/24	0.47 mi	Marion Road, Norwich,	3	Terraced House
£1,250	12/24	0.48 mi	Cricket Ground Road, Norwich	3	Semi-Detached House
£1,400	12/24	0.51 mi	Chalk Hill Road, Norwich,	3	House
£1,300	06/24	0.53 mi	St. Matthews Road, Norwich, Norfolk, NR1	3	Flat
£1,350	12/24	0.53 mi	King Street, NORWICH	3	House
£1,090	05/24	0.55 mi	-	3	Terraced House
£2,000	12/24	0.56 mi	Foundry Court, Recorder Road, Norwich, Norfolk, NR1	3	Flat
£1,650	12/24	0.56 mi	Carlyle Road, Norwich, Norfolk, NR1	3	Terraced House
£1,300	06/24	0.56 mi	Thorpe Road, Norwich	3	Flat
£2,100	01/24	0.57 mi	-	3	Flat
£2,000	06/24	0.57 mi	-	3	Flat
£2,000	12/24	0.57 mi	-	3	Flat
£2,000	12/24	0.57 mi	-	3	Flat
£2,100	06/24	0.57 mi	Prince Of Wales Road, NORWICH	3	Flat
£1,500	06/24	0.6 mi	Bracondale Millgate, Norwich, Norfolk, NR1	3	Flat

Local Area Statistics

Population in NR1	24,54024,540
Population in Norwich	366,887366,887
Town centre distance	1.53 miles away1.53 miles away
Nearest school	0.60 miles away0.60 miles away
Nearest train station	0.43 miles away0.43 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+39%+39%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £290,000

February 14, 2025

Floor Plans

Description

End terraced house +
Two bedrooms and bathroom off landing +
Stylish living accommodaton +
Off road parking +
Conveneint location +
No onward chain +
Viewing advised +

abbotFox presents this exceptional, end terraced home. Set within easy reach of Norwich City Centre, the train station, and a wealth of local amenities, this home has been meticulously, re-configured and improved by the current owner to offer a bright and stylish finish throughout.

The accommodation is neatly arranged over two floors, with a lounge, dining room, kitchen and shower room to the ground floor. The first floor offers two bedrooms and a stunning family bathroom accessed off the landing. Externally, this home offers ample off road parking to the front, and an enclosed, non-bisected rear garden.

Offered to the market with no onward chain, an internal viewing comes highly recommended to appreciate the quality of this home.

Agent Details

AbbotFox, Norwich

01603 510582

Next Steps?

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

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