2 Bed Terraced House, Single Let, Norwich, NR3 3EN, £250,000

Patteson Road, Norwich, Norfolk, NR3 3EN - 2 months ago

Sold STC
BTL
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£97K - £305K
Sold Prices/m²£1.3K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£199,642

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

£875 - £1,300

Rent Estimate

£888

Running Costs/mo

£979

Cashflow/mo

£-91

Cashflow/yr

£-1,090

Gross Yield

4%

Local Sold Prices

50 sold prices from £97K to £305K, average is £215.5K. £1.3K/m² to £4.3K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£211K06/210.01 mi94, Patteson Road, Norwich, Norfolk NR3 3EW2
£208K07/230.01 mi40, Patteson Road, Norwich, Norfolk NR3 3EW2
£216K09/210.04 mi65, Eade Road, Norwich, Norfolk NR3 3EH2
£235K06/230.04 mi23, Eade Road, Norwich, Norfolk NR3 3EH2
£260K04/230.04 mi33, Eade Road, Norwich, Norfolk NR3 3EH2
£240K05/230.06 mi66, Eade Road, Norwich, Norfolk NR3 3EJ2
£97K02/230.06 mi22, Eade Road, Norwich, Norfolk NR3 3EJ2
£205K03/230.06 mi64, Eade Road, Norwich, Norfolk NR3 3EJ2
£232K07/230.06 mi112, Eade Road, Norwich, Norfolk NR3 3EJ2
£200K12/200.08 mi10, Alma Terrace, Norwich, Norfolk NR3 3EE2
£218.5K10/230.1 mi38, Angel Road, Norwich, Norfolk NR3 3HP2
£216K12/200.12 mi156, Waterloo Road, Norwich, Norfolk NR3 3HN2
£275K09/230.12 mi156, Waterloo Road, Norwich, Norfolk NR3 3HN2
£205K05/230.14 mi52, Heath Road, Norwich, Norfolk NR3 1JW2
£235K01/230.14 mi10, Heath Road, Norwich, Norfolk NR3 1JW2
£205K07/230.14 mi20, Heath Road, Norwich, Norfolk NR3 1JW2
£220K05/230.15 mi5, Shipstone Road, Norwich, Norfolk NR3 1JZ2
£113K03/210.16 mi51, Waterloo Road, Norwich, Norfolk NR3 1EG2
£243K06/210.16 mi14, Albany Road, Norwich, Norfolk NR3 1EE2
£240K04/210.16 mi2a, Albany Road, Norwich, Norfolk NR3 1EE2
£207.5K12/200.16 mi31, Albany Road, Norwich, Norfolk NR3 1EE2
£233K10/230.16 mi27, Albany Road, Norwich, Norfolk NR3 1EE2
£178K03/210.16 mi40, Shipstone Road, Norwich, Norfolk NR3 1JY2
£205K11/230.16 mi79, Waterloo Road, Norwich, Norfolk NR3 1EG2
£215K11/210.16 mi4, Clarke Road, Norwich, Norfolk NR3 1JL2
£175K02/210.16 mi36, Waterloo Road, Norwich, Norfolk NR3 1EW2
£203K09/230.16 mi78, Waterloo Road, Norwich, Norfolk NR3 1EW2
£244K01/230.16 mi43, Green Hills Road, Norwich, Norfolk NR3 3ET2
£240K09/210.16 mi32, Magpie Road, Norwich, Norfolk NR3 1JQ2
£173K03/210.17 mi38, Magpie Road, Norwich, Norfolk NR3 1JQ2
£192.5K06/230.17 mi1, Wingfield Road, Norwich, Norfolk NR3 3HF2
£190K03/210.18 mi69, Bakers Road, Norwich, Norfolk NR3 3AZ2
£280K11/230.18 mi23, Bakers Road, Norwich, Norfolk NR3 3AZ2
£260K08/230.18 mi11, Bakers Road, Norwich, Norfolk NR3 3AZ2
£230K02/240.18 mi65, Bakers Road, Norwich, Norfolk NR3 3AZ2
£200K10/210.19 mi21, Albany Road, Norwich, Norfolk NR3 1EE2
£230K10/230.2 mi23, Temple Road, Norwich, Norfolk NR3 1ED2
£180K01/210.2 mi15, Temple Road, Norwich, Norfolk NR3 1ED2
£180K01/230.2 mi29, Esdelle Street, Norwich, Norfolk NR3 3BN2
£180K05/230.2 mi37, Esdelle Street, Norwich, Norfolk NR3 3BN2
£216K09/210.22 mi54, Magdalen Road, Norwich, Norfolk NR3 4AQ2
£190K12/200.22 mi32, Magdalen Road, Norwich, Norfolk NR3 4AF2
£305K09/230.22 mi32, Magdalen Road, Norwich, Norfolk NR3 4AF2
£220K11/200.23 mi28, St Augustines Street, Norwich, Norfolk NR3 3BZ2
£210K08/230.24 mi12, Rosebery Road, Norwich, Norfolk NR3 3NA2
£220K07/230.24 mi30, Rosebery Road, Norwich, Norfolk NR3 3NA2
£180K12/200.24 mi38, Rosebery Road, Norwich, Norfolk NR3 3NA2
£205K03/210.24 mi22, Rosebery Road, Norwich, Norfolk NR3 3NA2
£230K03/210.24 mi17, Rosebery Road, Norwich, Norfolk NR3 3NA2
£300K11/210.26 mi112, Magdalen Road, Norwich, Norfolk NR3 4AN2

Local Rents

48 rents from £875/mo to £1.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,05007/240.01 miPatteson Road, Norwich, NR32
£1,30003/250.08 mi-2
£92507/240.13 miSt. Augustines Gate, Norwich2
£1,10008/240.14 mi-2
£99506/240.15 miJust Off City Centre2
£1,00006/240.15 mi-2
£1,05002/250.15 mi-2
£1,05006/240.16 miSt. Martins At Oak Wall Lane, Norwich2
£1,20006/240.16 mi-2
£1,20006/240.16 miMagpie Road, Norwich, NR32
£95008/240.17 miWingfield Road, Norwich2
£1,10006/240.18 miSt. Martins At Oak Wall Lane, Norwich2
£1,00006/240.18 miClarke Road, Norwich, NR32
£89506/240.18 miGuernsey Road, Norwich2
£95010/240.19 mi-2
£1,10004/250.19 mi-2
£1,20008/240.2 miNorth City2
£99506/240.22 miSt Martins Close, Norwich, NR32
£1,25006/240.23 miMagdalen Road, Norwich, 2
£99507/240.23 miMagpie Road, Norwich2
£90009/240.25 miMagpie Road2
£1,20007/240.26 miSaint Augustines Street, Norwich, NR32
£1,20008/240.26 mi-2
£1,20008/240.27 miBeaconsfield Road2
£1,00006/240.29 mi-2
£92506/240.29 miEdward Street, Norwich2
£1,10006/240.29 miNorwich, NR32
£95008/240.29 miDalymond Court, NR3 3FH2
£97508/240.29 miDalymond Court, Norwich, NR3 3FH2
£99506/240.29 mi-2
£1,15007/240.3 miBeaconsfield Road, NR32
£1,10008/240.32 miMarlborough Road, Norwich, Norfolk, NR32
£1,20006/240.32 miMagdalen Street, Norwich2
£99507/240.32 miSprowston Road, Norwich2
£95006/240.32 miCross Keys Yard2
£95007/240.32 miCross Keys Yard2
£95006/240.33 miNorthcote Road, Norwich2
£1,20009/240.34 mi-2
£99506/240.34 miKnowsley Road, Norwich2
£1,05002/250.34 mi-2
£90006/240.34 miBull Close Road, NORWICH2
£87507/240.35 miPenn Grove, Norwich2
£87508/240.35 miPenn Grove, Norwich2
£1,05006/240.35 miNorthcote Road2
£1,20006/240.36 miRosebery Road, Norwich2
£1,05007/240.36 miSpencer Street, Norwich, NR32
£1,00008/240.37 miSpencer Street, Norwich, Norfolk, NR32
£1,10006/240.38 miSpencer Street, NORWICH2

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.07 miles away

Nearest school

0.10 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £250,000

February 14, 2025

Floor Plans

Description

  • Two Bedroom Terraced House +
  • No Onward Chain +
  • Well Presented Throughout +
  • Ensuite and Ground Floor W.C +
  • Popular NR3 Location +
  • Close to City Centre +
  • Private Garden +

WELL PRESENTED, CHAIN FREE TERRACED HOUSE IN POPULAR LOCATION. Situated in the sought after NR3 postcode, this property benefits from TWO DOUBLE BEDROOMS, a GROUND FLOOR W.C and is within striking distance of Norwich City Centre. Call Sefftons TODAY to organise your viewing.

THE PROPERTY
The front door opens to the well sized living room, backing onto the bright dining space. Towards the rear of the property is a stylish and modern kitchen which is supported by a separate utility space for further appliances. Solid wood floors run throughout the ground floor of the property. Additionally, there is a ground floor W.C here for the comfort and convenience of yourself and guests.
Up on the first floor are two well proportioned double bedrooms, one with an ensuite bathroom.

OUTSIDE
The property has low maintenance gardens to the front and rear, with a wooden shed in the back garden for extra storage.

THE LOCATION
Situated in the popular NR3 postcode, Patteson Road is well equipped with local amenities, from convenience stores to pubs and barbers. For more comprehensive amenities, Norwich City Centre is within walking distance, so grab a coffee from one of the locally owned cafes on the way and take in views of the river and beautiful cathedrals.
Vibrant Norwich market is in the heart of the city, surrounded by independent and boutique shops, shopping malls and an eclectic choice of bars and eateries. For the more energetic, a gym, bowling alleys and beautiful walks are but a stone's throw away. Prefer an evening out? Norwich boasts a flourishing art and music scene, with many theatres and cinemas, and you can catch one of the regular busses home afterwards!

GENERAL INFORMATION
Local Authority: Norwich City Council (Rubbish collection, council tax and housing) and Norfolk County Council (Education, social care and transport)
Broadband: Details of available speeds can be found at Openreach.com
Mobile Signal: An indication of available service can be found at Ofcom.org.uk
Known Building Safety Issues: None
Has the property been adapted for accessibility?: No
Conservation Area: No
Listed Building: No
Access Road made up and Adopted: Yes
Affected by Any Rights of Way: Yes
Shared or Communal Facilities: No
Any Covenants: No
Any tree preservation orders: No
Been extended: No
Any alterations to the Property: No
Coastal Erosion Risk: No
Mining in the area: No
Has Japanese Knotweed Been identified at the property or adjoining land?: No

SEFFTONS
Sefftons confirm that these particulars are believed to be accurate, however 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 does 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. The employees and representatives of SEFFTONS 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.

Agent Details

Sefftons, Norfolk

01603 361026

Next Steps?

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