3 Bed Terraced House, Single Let, Norwich, NR3 1EH, £240,000

Waterloo Road, Norwich, NR3 1EH - 2 months ago

BTL
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£150K - £495K
Sold Prices/m²£1.8K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£267,437
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£900 - £1,600

Rent Estimate

£906

Running Costs/mo

£951

Cashflow/mo

£-45

Cashflow/yr

£-542

Gross Yield

5%

Local Sold Prices

50 sold prices from £150K to £495K, average is £223.3K. £1.8K/m² to £3.5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£185K03/210.02 mi22, Waterloo Road, Norwich, Norfolk NR3 1EY3
£183K04/210.07 mi97, Rosebery Road, Norwich, Norfolk NR3 3AB3
£285K11/220.07 mi65, Rosebery Road, Norwich, Norfolk NR3 3AB3
£303.5K05/230.07 mi84, Magdalen Road, Norwich, Norfolk NR3 4AN3
£290K11/210.07 mi97, Magdalen Road, Norwich, Norfolk NR3 4LB3
£495K04/220.07 mi108, Magdalen Road, Norwich, Norfolk NR3 4AN3
£173.7K11/200.11 mi38, Sprowston Road, Norwich, Norfolk NR3 4QN3
£195K04/210.11 mi46, Sprowston Road, Norwich, Norfolk NR3 4QN3
£320K03/210.12 mi18, St Clements Hill, Norwich, Norfolk NR3 4BQ3
£206K06/230.12 mi32, Waterloo Road, Norwich, Norfolk NR3 1EW3
£270K01/230.12 mi50, Sprowston Road, Norwich, Norfolk NR3 4QN3
£250K06/230.13 mi57, Pelham Road, Norwich, Norfolk NR3 3NG3
£170K03/210.13 mi49, Pelham Road, Norwich, Norfolk NR3 3NG3
£225K02/210.13 mi13, Pelham Road, Norwich, Norfolk NR3 3NG3
£200K07/210.13 mi52, Pelham Road, Norwich, Norfolk NR3 3NG3
£253K05/210.14 mi23, Northcote Road, Norwich, Norfolk NR3 4QF3
£210K07/230.15 mi56, Magdalen Road, Norwich, Norfolk NR3 4AQ3
£259K02/230.16 mi32, Northcote Road, Norwich, Norfolk NR3 4QF3
£180K07/210.17 mi19, Capps Road, Norwich, Norfolk NR3 4AZ3
£235K04/230.17 mi16, Churchill Road, Norwich, Norfolk NR3 4PY3
£200K04/210.18 mi51, Churchill Road, Norwich, Norfolk NR3 4PX3
£175K10/210.18 mi23, Shipstone Road, Norwich, Norfolk NR3 1JZ3
£221.5K03/230.18 mi11, Shipstone Road, Norwich, Norfolk NR3 1JZ3
£275K08/210.18 mi71, Angel Road, Norwich, Norfolk NR3 3HR3
£250K01/210.18 mi73, Angel Road, Norwich, Norfolk NR3 3HR3
£203K06/210.18 mi31, Churchill Road, Norwich, Norfolk NR3 4PX3
£285K11/230.18 mi79a, Churchill Road, Norwich, Norfolk NR3 4PX3
£275K01/210.18 mi3, Churchill Road, Norwich, Norfolk NR3 4PX3
£195K04/210.19 mi17, Millcroft, Norwich, Norfolk NR3 3LS3
£270K11/210.19 mi4, Maurice Raes Close, Norwich, Norfolk NR3 4QR3
£150K10/230.19 mi3, Maurice Rae Close, Norwich, Norfolk NR3 4QR3
£242K03/210.19 mi13, Maurice Rae Close, Norwich, Norfolk NR3 4QR3
£240K07/230.2 mi111, Spencer Street, Norwich, Norfolk NR3 4PF3
£225K11/210.21 mi23, Clarke Road, Norwich, Norfolk NR3 1JL3
£245K12/220.21 mi28, Clarke Road, Norwich, Norfolk NR3 1JL3
£275K09/230.21 mi21, Branford Road, Norwich, Norfolk NR3 4QD3
£190K06/210.22 mi41, Knowsley Road, Norwich, Norfolk NR3 4PR3
£205K04/210.22 mi31, Knowsley Road, Norwich, Norfolk NR3 4PR3
£185K04/210.22 mi47, Knowsley Road, Norwich, Norfolk NR3 4PR3
£220K05/230.22 mi5, Knowsley Road, Norwich, Norfolk NR3 4PR3
£194K05/210.22 mi39, Branford Road, Norwich, Norfolk NR3 4QD3
£232.4K10/210.22 mi99, Spencer Street, Norwich, Norfolk NR3 4PE3
£250K12/220.22 mi93, Spencer Street, Norwich, Norfolk NR3 4PE3
£200K01/230.22 mi34, Clarke Road, Norwich, Norfolk NR3 1JL3
£200K02/210.23 mi11, Dakin Road, Norwich, Norfolk NR3 3LL3
£250K11/200.23 mi16, Dakin Road, Norwich, Norfolk NR3 3LL3
£236.3K01/240.23 mi91, Northcote Road, Norwich, Norfolk NR3 4QE3
£159.5K04/230.24 mi51, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£158.5K01/210.24 mi13, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£215K11/200.24 mi22, Guernsey Road, Norwich, Norfolk NR3 1JJ3

Local Rents

50 rents from £900/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10006/240 miWaterloo Road, Norwich, NR33
£90001/250.1 mi-3
£1,15003/250.11 mi-3
£95008/240.12 miWaterloo Road, Norwich3
£1,15006/240.14 miNorthcote Road, NORWICH3
£1,30008/240.17 miAngel Road, Norwich, Norfolk, NR33
£1,30006/240.17 miChurchill Road, NR3 4PY3
£1,05006/240.17 miMagdalen Road, Norwich, Norfolk, NR33
£1,09506/240.18 mi-3
£1,15008/240.2 miNorth Norwich3
£1,10011/240.22 mi-3
£1,10006/240.22 miSpencer Street, Norwich, NR3 4PE3
£1,15008/240.22 miBell Road, Norwich, NR33
£1,20009/240.22 miNorwich3
£1,10002/250.23 mi-3
£1,00007/240.27 miEade Road3
£1,15007/240.27 miChurchil Road, Norwich3
£1,10006/240.27 miStacy Road, Norwich, NR33
£1,10007/240.27 miStacy Road, Norwich, NR33
£90006/240.27 miBeaconsfield Road, Norwich, 3
£1,10009/240.27 miBeaconsfield Road, Norwich, 3
£97506/240.27 mi-3
£99507/240.28 mi-3
£1,35006/240.29 miLadysmith Road, Norwich3
£1,10007/240.29 miMarlborough Road, Norwich, NR33
£1,40005/240.29 mi-3
£1,40001/250.29 mi-3
£1,60006/240.29 miTillett Road, NR3 4BJ3
£1,50007/240.3 miBuxton Road, Norwich3
£92512/230.3 mi-3
£95006/240.32 miGertrude Road3
£1,30006/240.32 miMagpie Road, NORWICH3
£1,20006/240.32 miMagpie Road, Norwich3
£1,20007/240.32 miMagpie Road, Norwich3
£1,20007/240.32 miMagpie Road, Norwich3
£97506/240.32 miMagpie Road,Norwich,NR33
£1,40006/240.33 miSpencer Street, Norwich, NR33
£95006/240.33 miWall Lane, Norwich, Norfolk, NR33
£1,29008/240.34 mi-3
£1,45012/240.34 mi-3
£1,30006/240.36 miSt. Augustines Gate, Norwich, Norfolk, NR33
£1,10006/240.36 miEsdelle Street, Norwich3
£1,20007/240.37 miWodehouse Street3
£97506/240.38 miGertrude Road, Norwich, NR33
£1,10006/240.39 miGertrude Road, Norwich3
£1,25007/240.39 miWodehouse Street, Norwich3
£1,37507/240.39 miStonemasons Court, Norwich, NR33
£1,37507/240.39 mi-3
£1,25001/250.4 mi-3
£1,20006/240.4 miMagdalen Street, Norwich3

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.29 miles away

Nearest school

0.20 miles away

Nearest train station

1.22 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £240,000

February 19, 2025

Floor Plans

Description

  • Ref DH0707 +
  • Mid-Terrace Home in NR3 +
  • Open Plan Sitting/Dining Room +
  • Kitchen with Space for Appliances +
  • Three Bedrooms Off Landing +
  • Excellent First Time Buy +
  • Modern Gas Boiler for Heating +
  • Brick Built Outbuilding +
  • Low Maintenance Garden +
  • Close to Amenities +

Ref DH0707 - This SPACIOUS MID-TERRACE HOME is situated in the HIGHLY SOUGHT-AFTER NR3, offering THREE BEDROOMS off landing, a 22FT SITTING/DINING ROOM, and a NON-BISECTED REAR GARDEN. Benefitting from a MODERN BOILER, DOUBLE GLAZING, and GAS CENTRAL HEATING, this home is ideal for FIRST-TIME BUYERS OR INVESTORS. Stepping Inside… A PORCH ENTRANCE leads into the SPACIOUS SITTING/DINING ROOM, with a LARGE FRONT-FACING WINDOW allowing for plenty of natural light. This area also features UNDER-STAIRS STORAGE and ample space for both relaxation and dining. The KITCHEN is well-proportioned, with FITTED WALL AND BASE UNITS and space for a COOKER, WASHING MACHINE, DISHWASHER, AND FRIDGE FREEZER. The GROUND FLOOR BATHROOM is fitted with a PANEL BATH, LOW-LEVEL WC, and HAND WASH BASIN, alongside a FROSTED DOUBLE-GLAZED WINDOW and a RADIATOR for added comfort. Heading Upstairs… The FIRST FLOOR LANDING leads to THREE WELL-PROPORTIONED BEDROOMS, all benefiting from DOUBLE-GLAZED WINDOWS and CENTRAL HEATING RADIATORS. The MAIN BEDROOM overlooks the rear garden and features a BUILT-IN WARDROBE for storage. BEDROOM TWO is a generous DOUBLE ROOM with a FRONT-FACING WINDOW, while BEDROOM THREE also benefits from a FRONT ASPECT, providing VERSATILE SPACE for a guest room, home office, or nursery. The Plot… The FRONT GARDEN is low-maintenance and ENCLOSED BY BRICK WALL with scope to add a gate at your diescretion. To the rear, the PAVED, NON-BISECTED GARDEN offers a PRIVATE AND LOW-MAINTENANCE OUTDOOR SPACE, enclosed by BRICK WALLING with a BRICK-BUILT STORAGE SHED—perfect for additional storage. Getting to Know NR3… NR3 is a HIGHLY POPULAR AREA known for its EXCELLENT LOCAL AMENITIES, including SHOPS, SUPERMARKETS, CAFÉS, PUBS, AND RESTAURANTS. With GREAT TRANSPORT LINKS to NORWICH CITY CENTRE, easy access to the NORWICH RING ROAD AND NDR, and a STRONG SENSE OF COMMUNITY, this area is IDEAL FOR A VARIETY OF BUYERS. Important Information on Anti-Money Laundering Check.. We are required by law to conduct Anti-Money Laundering checks on all parties involved in the sale or purchase of a property. We take this responsibility seriously in line with HMRC guidance in ensuring the accuracy and continuous monitoring of these checks. Our partner, Move Butler, will conduct the initial assessment on our behalf. They will contact you, and where possible, a biometric check will be sent to you electronically only once your offer has been accepted.
As an applicant, you will be charged a non-refundable fee of £30 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring. You must pay this amount directly to Move Butler and complete all Anti-Money Laundering checks before your offer can be formally accepted. You must also provide evidence of how you intend to finance your purchase before you will receive a formal acceptance of your offer.

Agent Details

eXp UK, East of England

03304 609968

Next Steps?

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