3 Bed Terraced House, Single Let, Norwich, NR3 4TT, £200,000

9 Silver Street, Norwich, NR3 - 2 views - 25 days ago

Sold STC
Leasehold
BTL
ROI: 2%
76 m²
+8 photos

ValuationUndervalued

Sold Prices£127K - £335K
Sold Prices/m²£2.2K/m² - £4.6K/m²

 

 

Square Metres

76.10 m²
Price/m²£2.6K/m²

Value Estimate

£209,248
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£900 - £1,500

Rent Estimate

£906

Running Costs/mo

£826

Cashflow/mo

£80

Cashflow/yr

£958

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £127K to £335K, average is £204K. £2.2K/m² to £4.6K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£177K01/210.03 mi55, Silver Street, Norwich, Norfolk NR3 4TT3
£230K11/200.04 mi42, Spencer Street, Norwich, Norfolk NR3 4PA3
£335K11/230.04 mi41, Spencer Street, Norwich, Norfolk NR3 4PA3
£180K04/230.04 mi71, Bull Close Road, Norwich, Norfolk NR3 1NQ3
£170K11/210.04 mi55, Bull Close Road, Norwich, Norfolk NR3 1NQ3
£211K11/200.08 mi49, Marlborough Road, Norwich, Norfolk NR3 4PH3
£177K01/210.09 mi63, Wodehouse Street, Norwich, Norfolk NR3 4TY3
£207K03/210.09 mi41, Marlborough Road, Norwich, Norfolk NR3 4PH3
£185K03/210.1 mi103, Silver Street, Norwich, Norfolk NR3 4TU3
£210K01/240.1 mi68, Silver Street, Norwich, Norfolk NR3 4TU3
£127K01/210.1 mi87, Silver Street, Norwich, Norfolk NR3 4TU3
£265K12/220.1 mi150, Marlborough Road, Norwich, Norfolk NR3 4PJ3
£185K11/200.11 mi158, Marlborough Road, Norwich, Norfolk NR3 4PJ3
£265K08/230.11 mi73, Marlborough Road, Norwich, Norfolk NR3 4PL3
£172.7K07/210.12 mi137, Bull Close Road, Norwich, Norfolk NR3 1NY3
£200K11/230.12 mi56, Cowgate, Norwich, Norfolk NR3 1SY3
£170K01/210.12 mi60, Cowgate, Norwich, Norfolk NR3 1SY3
£255.3K01/230.13 mi172, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£215K02/210.13 mi82, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£212.5K01/230.13 mi136, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£195K02/230.13 mi134, Beaconsfield Road, Norwich, Norfolk NR3 4PP3
£189K02/210.15 mi70, Spencer Street, Norwich, Norfolk NR3 4PD3
£163K11/200.15 mi79, Spencer Street, Norwich, Norfolk NR3 4PD3
£175K12/210.15 mi34, Silver Road, Norwich, Norfolk NR3 4TA3
£210K01/210.15 mi123, Beaconsfield Road, Norwich, Norfolk NR3 4AB3
£177.5K03/210.15 mi167, Beaconsfield Road, Norwich, Norfolk NR3 4AB3
£190K06/210.16 mi41, Knowsley Road, Norwich, Norfolk NR3 4PR3
£205K04/210.16 mi31, Knowsley Road, Norwich, Norfolk NR3 4PR3
£185K04/210.16 mi47, Knowsley Road, Norwich, Norfolk NR3 4PR3
£220K05/230.16 mi5, Knowsley Road, Norwich, Norfolk NR3 4PR3
£154K06/230.16 mi84, Silver Road, Norwich, Norfolk NR3 4TE3
£170K07/230.16 mi96, Silver Road, Norwich, Norfolk NR3 4TE3
£210K09/230.16 mi62, Silver Road, Norwich, Norfolk NR3 4TD3
£201K04/210.17 mi123, Knowsley Road, Norwich, Norfolk NR3 4PT3
£220K05/230.17 mi159, Knowsley Road, Norwich, Norfolk NR3 4PT3
£236.5K07/230.18 mi34, Morley Street, Norwich, Norfolk NR3 1ND3
£205K07/210.18 mi21, Morley Street, Norwich, Norfolk NR3 1ND3
£232.4K10/210.18 mi99, Spencer Street, Norwich, Norfolk NR3 4PE3
£250K12/220.18 mi93, Spencer Street, Norwich, Norfolk NR3 4PE3
£205K11/210.18 mi32, Stacy Road, Norwich, Norfolk NR3 1JN3
£203K06/210.19 mi31, Churchill Road, Norwich, Norfolk NR3 4PX3
£285K11/230.19 mi79a, Churchill Road, Norwich, Norfolk NR3 4PX3
£275K01/210.19 mi3, Churchill Road, Norwich, Norfolk NR3 4PX3
£200K04/210.2 mi51, Churchill Road, Norwich, Norfolk NR3 4PX3
£265K10/230.21 mi133, Churchill Road, Norwich, Norfolk NR3 4PZ3
£215K11/230.21 mi95, Churchill Road, Norwich, Norfolk NR3 4PZ3
£187.5K01/210.21 mi99, Churchill Road, Norwich, Norfolk NR3 4PZ3
£192K07/230.21 mi98, Churchill Road, Norwich, Norfolk NR3 4PZ3
£158.5K01/210.21 mi13, Guernsey Road, Norwich, Norfolk NR3 1JJ3
£215K11/200.21 mi22, Guernsey Road, Norwich, Norfolk NR3 1JJ3

Local Rents

50 rents from £900/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20007/240.05 miWodehouse Street3
£1,40006/240.06 miSpencer Street, Norwich, NR33
£95006/240.08 miWall Lane, Norwich, Norfolk, NR33
£1,10007/240.08 miMarlborough Road, Norwich, NR33
£1,25007/240.09 miWodehouse Street, Norwich3
£1,40001/250.09 mi-3
£1,40006/240.1 miSilver Street, NR3 4TU3
£90006/240.13 miBeaconsfield Road, Norwich, 3
£1,10009/240.13 miBeaconsfield Road, Norwich, 3
£1,20006/240.13 miMagdalen Street, Norwich3
£99502/250.15 mi-3
£1,30006/240.16 miMagpie Road, NORWICH3
£1,20006/240.16 miMagpie Road, Norwich3
£1,20007/240.16 miMagpie Road, Norwich3
£1,20007/240.16 miMagpie Road, Norwich3
£97506/240.16 miMagpie Road,Norwich,NR33
£1,05003/240.16 miSilver Road,Norwich,NR33
£1,25001/250.17 mi-3
£1,10001/250.17 mi-3
£1,10006/240.18 miSpencer Street, Norwich, NR3 4PE3
£1,10006/240.18 miStacy Road, Norwich, NR33
£1,10007/240.18 miStacy Road, Norwich, NR33
£99507/240.19 mi-3
£1,15007/240.21 miChurchil Road, Norwich3
£97506/240.21 mi-3
£1,10002/250.21 mi-3
£1,05006/240.21 miMagdalen Road, Norwich, Norfolk, NR33
£1,30006/240.21 miChurchill Road, NR3 4PY3
£1,29008/240.23 mi-3
£1,45012/240.23 mi-3
£1,10006/240.24 miEsdelle Street, Norwich3
£1,10011/240.24 mi-3
£1,15006/240.26 miNorthcote Road, NORWICH3
£1,09506/240.28 mi-3
£1,37507/240.31 miStonemasons Court, Norwich, NR33
£1,37507/240.31 mi-3
£1,15003/250.34 mi-3
£95008/240.34 miWaterloo Road, Norwich3
£1,15008/240.35 miBell Road, Norwich, NR33
£1,20009/240.35 miNorwich3
£1,30006/240.35 miSt. Augustines Gate, Norwich, Norfolk, NR33
£1,50007/240.36 miBuxton Road, Norwich3
£90002/250.36 mi-3
£1,10006/240.37 miWaterloo Road, Norwich, NR33
£1,35007/240.38 miPigg Lane, NORWICH3
£1,35008/240.38 miPigg Lane, Norwich3
£1,29506/240.38 miMousehold Avenue, Norwich, Norfolk, NR33
£1,25006/240.38 miAlms Lane, Norwich, NR3 1EX3
£1,20008/240.38 miThe Great Hall, Oak Street, NR33
£1,20008/240.39 miSussex Street, Norwich, NR33

Local Area Statistics

Population in NR3

32,672

Population in Norwich

366,887

Town centre distance

0.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £200,000

February 25, 2025

Floor Plans

Description

  • Traditional terraced layout offering a spacious and functional floorplan +
  • Rare off-road parking providing convenient parking outside the home +
  • No onward chain +
  • Charming sitting room featuring a beautiful brick chimney breast +
  • Spacious dining room with rear garden access perfect for family meals +
  • Neutral galley style kitchen with ample storage and space for appliances +
  • Ground floor bathroom with a well-appointed three piece suite +
  • Three bedrooms including two generous doubles and a versatile adjoining room +

This terraced home in Norwich offers off-road parking—a rare and highly sought-after feature for terraced properties. With no onward chain, the home is ready for immediate move-in, providing a seamless transition for new owners. The traditional layout includes a charming sitting room with a brick chimney breast, a spacious dining area, and a neutral galley-style kitchen. Upstairs, you'll find three versatile bedrooms, with the opportunity to tailor the space to your needs, all complemented by a low-maintenance garden at the rear. The Location Located in the vibrant NR3 postcode, Silver Street is just 1.5 miles from Norwich city centre, offering easy access to shops, restaurants, and cultural attractions. Families will appreciate nearby schools, including St. Andrew's Primary (0.2 miles) and The Hewett Academy (0.7 miles). Local amenities are within walking distance, with the Co-op Food (0.4 miles) for groceries and a range of independent cafes and shops along Magdalen Street. Public transport is well-served, with bus routes and Norwich Railway Station (1.5 miles) providing direct connections to London and beyond. The property is also close to Heigham Park (0.3 miles), a great spot for outdoor relaxation, and the train station is a convenient 1.0 mile away, or a 20-minute walk. Silver Street This charming terraced home in Norwich offers a wonderful opportunity to make the most of its traditional layout while adding your own personal touch. The entrance is via a welcoming sitting room, which serves as the heart of the home, showcasing a brick chimney breast that adds a touch of character. From here, step into the additional reception room, a spacious dining area, which provides rear access to the garden. The layout then flows seamlessly into the galley-style kitchen, featuring neutral tones and ample storage space.The ground floor also benefits from a convenient utility/lobby space, ideal for additional storage or household tasks. A well-sized three-piece suite bathroom completes the ground floor, making it practical for family living. Moving upstairs, the property offers three bedrooms, including two generous double rooms, and a versatile adjoining room that could be adapted to your needs—whether as a dressing room, home office, or nursery. The upper floor offers great flexibility for creating a space that suits your lifestyle. To the rear, a low-maintenance garden aspect provides an excellent outdoor space with minimal upkeep required. One of the standout features of this property is the off-road parking, a rare find in terraced homes, making it an incredibly desirable asset. With no onward chain, the home is ready for immediate occupancy, and there’s plenty of scope for further improvements if desired. This home is truly brimming with potential, offering a comfortable living space with the opportunity to make it your own. Agents Note Sold Freehold AI Staged Connected to all mains services

EPC Rating: D Disclaimer Minors and Brady, along with their representatives, are not authorized to provide assurances about the property, whether on their own behalf or on behalf of their client. We do not take responsibility for any statements made in these particulars, which do not constitute part of any offer or contract. It is recommended to verify leasehold charges provided by the seller through legal representation. All mentioned areas, measurements, and distances are approximate, and the information provided, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively. It should not be assumed that the property has all necessary planning, building regulations, or other consents. Services, equipment, and facilities have not been tested by Minors and Brady, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.

Agent Details

Minors & Brady, Unthank Road, Norwich

01603 361808

Next Steps?

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