2 Bed Terraced House, Single Let, Norwich, NR3 4TT, £165,000





ValuationUndervalued
Sold Prices | £163K - £305K |
Sold Prices/m² | £2.4K/m² - £4.1K/m² |
| |
Square Metres | 162 m² |
Price/m² | £1K/m² |
Value Estimate | £237,500£237,500 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £41,250£41,250 |
Stamp Duty & Legal Fees | £10,700£10,700 |
Total Cash In | £51,950£51,950 |
| |
Cash Out | |
Rent Range | £825 - £1,300£825 - £1,300 |
Rent Estimate | £890 |
Running Costs/mo | £714£714 |
Cashflow/mo | £176£176 |
Cashflow/yr | £2,117£2,117 |
ROI | 4%4% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £163K to £305K, average is £210K. £2.4K/m² to £4.1K/m², average is £3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£190.3K | 06/23 | 0.03 mi | 77, Bull Close Road, Norwich, Norfolk NR3 1NQ | £2,515 | 76 | 2 | Terraced House | |
£240K | 10/22 | 0.03 mi | 82, Bull Close Road, Norwich, Norfolk NR3 1NQ | £4,138 | 58 | 2 | Semi-Detached House | |
£216K | 03/23 | 0.06 mi | 7, Spencer Street, Norwich, Norfolk NR3 4PA | £3,117 | 69 | 2 | Semi-Detached House | |
£185K | 02/21 | 0.06 mi | 78, Wodehouse Street, Norwich, Norfolk NR3 4TZ | £2,693 | 69 | 2 | Terraced House | |
£189K | 02/21 | 0.07 mi | 7, Spencer Street, Norwich, Norfolk NR3 4PA | £2,727 | 69 | 2 | Semi-Detached House | |
£230K | 12/20 | 0.07 mi | 47, Wodehouse Street, Norwich, Norfolk NR3 4TY | £3,194 | 72 | 2 | Terraced House | |
£235K | 05/23 | 0.08 mi | 76, Marlborough Road, Norwich, Norfolk NR3 4PJ | - | - | 2 | Terraced House | |
£163K | 03/21 | 0.08 mi | 76, Marlborough Road, Norwich, Norfolk NR3 4PJ | - | - | 2 | Terraced House | |
£253K | 10/23 | 0.08 mi | 162, Marlborough Road, Norwich, Norfolk NR3 4PJ | £3,819 | 66 | 2 | Terraced House | |
£219K | 10/23 | 0.1 mi | 121, Marlborough Road, Norwich, Norfolk NR3 4PL | £3,269 | 67 | 2 | Terraced House | |
£210K | 11/20 | 0.1 mi | 87, Marlborough Road, Norwich, Norfolk NR3 4PL | £3,182 | 66 | 2 | Terraced House | |
£240K | 12/22 | 0.1 mi | 103, Marlborough Road, Norwich, Norfolk NR3 4PL | £3,896 | 62 | 2 | Terraced House | |
£200K | 05/23 | 0.11 mi | 40, Silver Road, Norwich, Norfolk NR3 4TB | £2,978 | 67 | 2 | Terraced House | |
£191K | 11/22 | 0.12 mi | 36, Cowgate, Norwich, Norfolk NR3 1SY | £2,809 | 68 | 2 | Semi-Detached House | |
£265K | 01/23 | 0.12 mi | 23, Cowgate, Norwich, Norfolk NR3 1SZ | - | - | 2 | Terraced House | |
£192.5K | 02/21 | 0.13 mi | 162, Marlborough Road, Norwich, Norfolk NR3 4PJ | £2,906 | 66 | 2 | Terraced House | |
£230K | 08/23 | 0.13 mi | 176, Beaconsfield Road, Norwich, Norfolk NR3 4PP | £3,966 | 58 | 2 | Terraced House | |
£225K | 01/21 | 0.13 mi | 80, Beaconsfield Road, Norwich, Norfolk NR3 4PP | £2,679 | 84 | 2 | Terraced House | |
£180K | 12/20 | 0.13 mi | 17, Willis Street, Norwich, Norfolk NR3 1SW | £2,571 | 70 | 2 | Terraced House | |
£196K | 06/21 | 0.13 mi | 9, Willis Street, Norwich, Norfolk NR3 1SW | £3,043 | 64 | 2 | Semi-Detached House | |
£195K | 07/21 | 0.14 mi | 97, Beaconsfield Road, Norwich, Norfolk NR3 4AB | £2,716 | 72 | 2 | Terraced House | |
£240K | 10/23 | 0.14 mi | 129, Beaconsfield Road, Norwich, Norfolk NR3 4AB | £3,478 | 69 | 2 | Terraced House | |
£206.5K | 09/21 | 0.14 mi | 105, Beaconsfield Road, Norwich, Norfolk NR3 4AB | £2,842 | 73 | 2 | Terraced House | |
£220K | 12/20 | 0.14 mi | 127, Beaconsfield Road, Norwich, Norfolk NR3 4AB | £3,228 | 68 | 2 | Terraced House | |
£168K | 07/23 | 0.15 mi | 30, Beaconsfield Road, Norwich, Norfolk NR3 4PW | - | - | 2 | Terraced House | |
£195K | 01/23 | 0.15 mi | 11, St Pauls Square, Norwich, Norfolk NR3 1SN | £2,708 | 72 | 2 | Terraced House | |
£206.5K | 12/23 | 0.16 mi | 26, Morley Street, Norwich, Norfolk NR3 1ND | £2,993 | 69 | 2 | Terraced House | |
£168K | 12/20 | 0.16 mi | 69, Peacock Street, Norwich, Norfolk NR3 1TB | £2,507 | 67 | 2 | Terraced House | |
£248K | 12/21 | 0.16 mi | 61, Beaconsfield Road, Norwich, Norfolk NR3 4PN | £3,533 | 70 | 2 | Terraced House | |
£245K | 02/24 | 0.16 mi | 5, Beaconsfield Road, Norwich, Norfolk NR3 4PN | £3,267 | 75 | 2 | Terraced House | |
£210K | 07/21 | 0.17 mi | 155, Knowsley Road, Norwich, Norfolk NR3 4PT | £2,605 | 81 | 2 | Terraced House | |
£201K | 04/21 | 0.17 mi | 123, Knowsley Road, Norwich, Norfolk NR3 4PT | £3,045 | 66 | 2 | Semi-Detached House | |
£192K | 01/21 | 0.18 mi | 57, Knowsley Road, Norwich, Norfolk NR3 4PR | £2,382 | 81 | 2 | Terraced House | |
£237.6K | 01/23 | 0.18 mi | 45, Knowsley Road, Norwich, Norfolk NR3 4PR | £3,444 | 69 | 2 | Terraced House | |
£203.5K | 11/20 | 0.19 mi | 58, Knowsley Road, Norwich, Norfolk NR3 4PS | £2,788 | 73 | 2 | Terraced House | |
£232K | 06/23 | 0.19 mi | 6, Knowsley Road, Norwich, Norfolk NR3 4PS | £3,053 | 76 | 2 | Terraced House | |
£249.5K | 06/23 | 0.19 mi | 56, Knowsley Road, Norwich, Norfolk NR3 4PS | £3,616 | 69 | 2 | Terraced House | |
£183.5K | 11/21 | 0.19 mi | 96, Spencer Street, Norwich, Norfolk NR3 4PE | £2,960 | 62 | 2 | Terraced House | |
£190K | 12/20 | 0.2 mi | 32, Magdalen Road, Norwich, Norfolk NR3 4AF | £2,370 | 80 | 2 | Terraced House | |
£305K | 09/23 | 0.2 mi | 32, Magdalen Road, Norwich, Norfolk NR3 4AF | £3,804 | 80 | 2 | Terraced House | |
£235K | 12/21 | 0.21 mi | 122, Churchill Road, Norwich, Norfolk NR3 4PZ | £3,672 | 64 | 2 | Terraced House | |
£200K | 01/21 | 0.21 mi | 105, Churchill Road, Norwich, Norfolk NR3 4PZ | £2,410 | 83 | 2 | Terraced House | |
£250K | 03/24 | 0.23 mi | 6, Churchill Road, Norwich, Norfolk NR3 4PY | - | - | 2 | Terraced House | |
£225K | 02/24 | 0.23 mi | 44, Churchill Road, Norwich, Norfolk NR3 4PY | £3,261 | 69 | 2 | Terraced House | |
£205K | 12/23 | 0.23 mi | 14, Churchill Road, Norwich, Norfolk NR3 4PY | £2,733 | 75 | 2 | Terraced House | |
£204.1K | 03/21 | 0.23 mi | 48, Churchill Road, Norwich, Norfolk NR3 4PY | £2,694 | 76 | 2 | Terraced House | |
£215K | 02/24 | 0.23 mi | 58, Churchill Road, Norwich, Norfolk NR3 4PY | £3,116 | 69 | 2 | Terraced House | |
£230K | 08/23 | 0.23 mi | 107, Spencer Street, Norwich, Norfolk NR3 4PF | - | - | 2 | Terraced House | |
£245K | 04/23 | 0.23 mi | 118, Spencer Street, Norwich, Norfolk NR3 4PF | £2,986 | 82 | 2 | Terraced House | |
£207.5K | 12/20 | 0.24 mi | 114, Spencer Street, Norwich, Norfolk NR3 4PF | £2,882 | 72 | 2 | Terraced House |
Local Rents
48 rents from £825/mo to £1.3K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,100 | 07/24 | 0.06 mi | Wodehouse Street, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£875 | 07/24 | 0.06 mi | Wodehouse Street, Norwich, NR3 | 2 | House | |
£1,150 | 06/24 | 0.07 mi | Silver Street, NR3 | 2 | Terraced House | |
£950 | 06/24 | 0.07 mi | Silver Street, Norwich, NR3 | 2 | Terraced House | |
£1,150 | 08/24 | 0.07 mi | Silver Street, Norwich | 2 | Terraced House | |
£1,150 | 09/24 | 0.07 mi | Silver Street, Norwich | 2 | Terraced House | |
£900 | 06/24 | 0.07 mi | Bull Close Road, NORWICH | 2 | Flat | |
£1,200 | 07/24 | 0.08 mi | Bull Close, NORWICH | 2 | Flat | |
£825 | 06/24 | 0.09 mi | Yarn Mews, Norwich | 2 | Terraced House | |
£1,100 | 08/24 | 0.11 mi | Marlborough Road, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£1,300 | 06/24 | 0.12 mi | St James Quay, Norwich, NR3 | 2 | Flat | |
£950 | 01/25 | 0.12 mi | - | 2 | Terraced House | |
£995 | 06/24 | 0.12 mi | Silver Road, Norwich, Norfolk, NR3 | 2 | Flat | |
£1,295 | 07/24 | 0.12 mi | - | 2 | Terraced House | |
£1,294 | 05/24 | 0.12 mi | - | 2 | Terraced House | |
£1,294 | 03/25 | 0.12 mi | - | 2 | Terraced House | |
£1,300 | 06/24 | 0.12 mi | Cowgate, Norwich, NR3 | 2 | Terraced House | |
£1,250 | 12/24 | 0.13 mi | - | 2 | Terraced House | |
£1,050 | 06/24 | 0.13 mi | Willis Street, Norwich | 2 | Terraced House | |
£950 | 08/24 | 0.13 mi | Willis Street, NORWICH | 2 | Terraced House | |
£995 | 06/24 | 0.14 mi | - | 2 | Flat | |
£950 | 08/24 | 0.14 mi | Silver Road, Norwich, Norfolk, NR3 | 2 | Flat | |
£950 | 06/24 | 0.14 mi | Cross Keys Yard | 2 | Flat | |
£950 | 07/24 | 0.14 mi | Cross Keys Yard | 2 | Flat | |
£1,150 | 07/24 | 0.15 mi | Beaconsfield Road, NR3 | 2 | Terraced House | |
£1,200 | 06/24 | 0.15 mi | Magdalen Street, Norwich | 2 | Flat | |
£1,050 | 06/24 | 0.16 mi | Morley Street, Norwich | 2 | Terraced House | |
£1,050 | 06/24 | 0.16 mi | Peacock Street, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£1,100 | 06/24 | 0.16 mi | Norwich, NR3 | 2 | Terraced House | |
£900 | 09/24 | 0.17 mi | Magpie Road | 2 | Terraced House | |
£1,200 | 08/24 | 0.17 mi | Beaconsfield Road | 2 | Terraced House | |
£895 | 06/24 | 0.17 mi | North City | 2 | House | |
£995 | 06/24 | 0.17 mi | Knowsley Road, Norwich | 2 | Terraced House | |
£1,100 | 01/25 | 0.18 mi | - | 2 | Terraced House | |
£1,250 | 06/24 | 0.18 mi | Typesetters Way, NR3 | 2 | Flat | |
£995 | 07/24 | 0.19 mi | Magpie Road, Norwich | 2 | Terraced House | |
£1,250 | 06/24 | 0.2 mi | Magdalen Road, Norwich, | 2 | Flat | |
£1,300 | 06/24 | 0.2 mi | Typesetters Way, Printworks Drive, Norwich | 2 | Flat | |
£925 | 06/24 | 0.2 mi | Edward Street, Norwich | 2 | Flat | |
£1,300 | 06/24 | 0.21 mi | Typsetters Way, NR3 1FJ | 2 | Flat | |
£950 | 08/24 | 0.21 mi | Dalymond Court, NR3 3FH | 2 | Flat | |
£975 | 08/24 | 0.21 mi | Dalymond Court, Norwich, NR3 3FH | 2 | Flat | |
£1,150 | 07/24 | 0.22 mi | Churchill Road, Norwich | 2 | Terraced House | |
£1,050 | 07/24 | 0.23 mi | Spencer Street, Norwich, NR3 | 2 | Terraced House | |
£895 | 06/24 | 0.23 mi | Guernsey Road, Norwich | 2 | Terraced House | |
£1,000 | 08/24 | 0.24 mi | Spencer Street, Norwich, Norfolk, NR3 | 2 | Flat | |
£1,250 | 08/24 | 0.24 mi | St. Olaves Road, Norwich, NR3 | 2 | Terraced House | |
£1,000 | 06/24 | 0.25 mi | Clarke Road, Norwich, NR3 | 2 | Terraced House |
Local Area Statistics
Population in NR3 | 32,67232,672 |
Population in Norwich | 366,887366,887 |
Town centre distance | 0.35 miles away0.35 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.83 miles away0.83 miles away |
| |
Rental demand | Balanced marketBalanced market |
Rental growth (12m) | +16%+16% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +28%+28% |
Property History
Price changed to £165,000
March 20, 2025
Listed for £190,000
February 28, 2025
Floor Plans

Description
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Sale by Modern Auction (T&Cs apply) +
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Subject to an undisclosed Reserve Price +
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Buyers fees apply +
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Impressive traditional two bedroom Victorian terrace property +
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Unique selling point off-road parking to the rear +
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Non-bisected rear garden +
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Twin reception rooms +
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NO ONWARD CHAIN +
SUMMARY
THIS TWO BEDROOM VICTORIAN TERRACE PROPERTY is situated in the highly popular NR3 postcode of Norwich. The property would be a fantastic first time buy, buy to let investment or downsize purchase and is being sold with the added benefit of NO ONWARD CHAIN! Viewings are highly recommended!!
DESCRIPTION
Located in this sought after one way street, very close to Norwich city centre you will find THIS TWO BEDROOM VICTORIAN TERRACE PROPERTY situated in Norwich's most up & coming postcode of NR3. The property is being sold with the added benefit of NO ONWARD CHAIN and boasts a unique and highly salable attribute of driveway/ off-road parking to the rear, a non bisected rear garden access via Nightingale Lane. Further features to include twin reception, two double bedrooms, ensuite bathroom, ground floor cloakroom and an oversized 13 ft kitchen, with gas fired heating throughout. The property would be ideal for a buy to let, first time purchase or downsize.
The property must be viewed to be fully appreciated!!
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Lounge 11' 4" x 11' 1" ( 3.45m x 3.38m )
UPVC bay window to front aspect, original ceiling rose, original coving and radiator.
Dining Room 11' 7" x 10' 5" ( 3.53m x 3.17m )
Stairs to first floor.
Kitchen 13' 8" x 6' 3" ( 4.17m x 1.91m )
Range of eye & base level kitchen units, work surfaces, breakfast bar, electric hob, electric oven, stainless steel sink unit, plumbing for washing machine, plumbing for dishwasher, space for tumble dryer, gas fired boiler for heating & hot water and window to side.
Cloakroom
Wash hand basin, wc, window to side aspect and door to rear garden.
First Floor Landing
Bedroom One 11' 8" x 10' 6" ( 3.56m x 3.20m )
Window to rear aspect and door to ensuite:-
Ensuite
Paneled bath with electric shower over, wash hand basin, wc, radiator and tiled splashbacks.
Bedroom Two 11' 1" x 11' 2" ( 3.38m x 3.40m )
Window to front aspect and cupboard with access to roof space.
Exterior
The property has a small enclosed front garden with permit on street parking.
To the rear, there is a non-bisected garden enclosed by fence and gated rear access providing off-road parking.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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