2 Bed Terraced House, Refurb/BRRR, Norwich, NR2 3AA, £280,000

Denbigh Road, Norwich, NR2 3AA - 2 views - a month ago

Sold STC
Refurb/BRRR
ROI: 1%
~68 m²
+18 photos

ValuationOvervalued

Sold Prices£180K - £367.5K
Sold Prices/m²£2.9K/m² - £4.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£242,587

 

 

End Value (After Refurb)

£265,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£30,800

Bridging Loan Interest

£7,350

Total Cash In

£126,600

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£265,000

Mortgage (After Refinance)

£198,750

Mortgage LTV

75%

Cash Left In

£126,600

Equity

£66,250

Rent Range

£875 - £2,900

Rent Estimate

£1,208

Running Costs/mo

£1,090

Cashflow/mo

£118

Cashflow/yr

£1,419

ROI

1%

Gross Yield

5%

Local Sold Prices

51 sold prices from £180K to £367.5K, average is £260K. £2.9K/m² to £4.7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£227K12/200.01 mi20, Denbigh Road, Norwich, Norfolk NR2 3AA2
£207.5K01/240.01 mi15, Denbigh Road, Norwich, Norfolk NR2 3AA2
£265K06/210.03 mi23, Denbigh Road, Norwich, Norfolk NR2 3HH2
£275K06/210.05 mi80, Caernarvon Road, Norwich, Norfolk NR2 3HX2
£230K06/230.05 mi23, Swansea Road, Norwich, Norfolk NR2 3HU2
£367.5K04/230.06 mi32, Cardiff Road, Norwich, Norfolk NR2 3HS2
£347K10/230.06 mi39, Havelock Road, Norwich, Norfolk NR2 3HQ2
£265K02/210.06 mi19, Wellington Road, Norwich, Norfolk NR2 3HT2
£262.5K09/210.06 mi45, Wellington Road, Norwich, Norfolk NR2 3HT2
£262.5K12/210.06 mi50, Wellington Road, Norwich, Norfolk NR2 3HT2
£307.5K03/230.06 mi36, Wellington Road, Norwich, Norfolk NR2 3HT2
£232.5K11/200.08 mi65, Caernarvon Road, Norwich, Norfolk NR2 3HY2
£300K05/230.08 mi38, Havelock Road, Norwich, Norfolk NR2 3HG2
£246.1K07/230.08 mi52, Caernarvon Road, Norwich, Norfolk NR2 3HX2
£265.4K09/230.09 mi61, Pembroke Road, Norwich, Norfolk NR2 3HD2
£275K03/210.11 mi35, Avenue Road, Norwich, Norfolk NR2 3HW2
£275K02/240.24 mi102, Lincoln Street, Norwich, Norfolk NR2 3LB2
£272.5K08/230.25 mi19, Dover Street, Norwich, Norfolk NR2 3LG2
£248K10/210.25 mi75, Connaught Road, Norwich, Norfolk NR2 3BS2
£270K05/230.25 mi95, Connaught Road, Norwich, Norfolk NR2 3BS2
£250K11/230.25 mi111, Connaught Road, Norwich, Norfolk NR2 3BS2
£275K09/220.25 mi48, Rose Valley, Norwich, Norfolk NR2 2PX2
£255.5K12/220.26 mi34, Alexandra Road, Norwich, Norfolk NR2 3EB2
£239.5K12/200.26 mi32, Alexandra Road, Norwich, Norfolk NR2 3EB2
£237K03/230.26 mi30, Alexandra Road, Norwich, Norfolk NR2 3EB2
£215K12/200.26 mi46, Gladstone Street, Norwich, Norfolk NR2 3BH2
£205K06/210.26 mi22, Gladstone Street, Norwich, Norfolk NR2 3BH2
£245K06/230.27 mi57, Edinburgh Road, Norwich, Norfolk NR2 3RJ2
£260K07/230.27 mi9, Edinburgh Road, Norwich, Norfolk NR2 3RJ2
£240K02/210.27 mi38, Dover Street, Norwich, Norfolk NR2 3LQ2
£270K10/210.27 mi16, Dover Street, Norwich, Norfolk NR2 3LQ2
£230K04/230.27 mi32, Dover Street, Norwich, Norfolk NR2 3LQ2
£264.5K01/240.27 mi28, Dover Street, Norwich, Norfolk NR2 3LQ2
£287K12/220.28 mi53, Portland Street, Norwich, Norfolk NR2 3LE2
£317.6K03/210.28 mi47, St Philips Road, Norwich, Norfolk NR2 3BN2
£197K02/210.31 mi13, Stafford Street, Norwich, Norfolk NR2 3BA2
£197K02/210.31 mi13, Stafford Street, Norwich, Norfolk NR2 3BA2
£270K12/200.32 mi92, Stafford Street, Norwich, Norfolk NR2 3BG2
£288K03/240.32 mi86, Stafford Street, Norwich, Norfolk NR2 3BG2
£280K08/230.32 mi15, Lincoln Street, Norwich, Norfolk NR2 3JY2
£180K12/200.32 mi117, Stafford Street, Norwich, Norfolk NR2 3BQ2
£260K06/210.32 mi84, Glebe Road, Norwich, Norfolk NR2 3JQ2
£276.5K09/220.34 mi6, Dover Street, Norwich, Norfolk NR2 3LQ2
£218.5K12/200.35 mi73, Alexandra Road, Norwich, Norfolk NR2 3EA2
£240K06/210.35 mi100, Alexandra Road, Norwich, Norfolk NR2 3EA2
£250K03/210.36 mi165, Unthank Road, Norwich, Norfolk NR2 2PG2
£250K03/210.36 mi165, Unthank Road, Norwich, Norfolk NR2 2PG2
£245K02/230.36 mi97, Gladstone Street, Norwich, Norfolk NR2 3BJ2
£214.5K08/230.36 mi103, Gladstone Street, Norwich, Norfolk NR2 3BJ2
£325K01/230.37 mi131, West Pottergate, Norwich, Norfolk NR2 4BW2
£318K12/200.37 mi48, Cambridge Street, Norwich, Norfolk NR2 2BB2

Local Rents

50 rents from £875/mo to £2.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,32507/240.04 miDenbigh Road, Norwich, Norfolk, NR22
£1,25006/240.04 miSwansea Road, Norwich, NR22
£1,30012/240.05 mi-2
£95007/240.05 mi-2
£95007/240.05 miDenbigh House, Norwich, NR22
£1,14002/250.06 mi-2
£90002/250.07 mi-2
£1,05006/240.07 miCaernarvon Road, Norwich2
£1,15006/240.08 miCaernarvon Road, Norwich2
£1,20006/240.09 miPembroke Road, NORWICH2
£1,09502/250.11 mi-2
£95006/240.14 miNorwich2
£1,25006/240.14 miPark Lane, Norwich2
£2,90010/240.17 mi-2
£1,45005/240.2 mi-2
£1,50012/240.2 mi-2
£1,20002/250.2 mi-2
£1,14502/250.21 mi-2
£1,29502/250.21 mi-2
£1,09506/240.24 miLincoln Street, Norwich, Norfolk, NR22
£87511/240.24 mi-2
£2,30006/240.24 mi-2
£1,50006/240.24 miEarlham Road, Norwich2
£99507/240.25 miDover Street, Norwich, Norfolk, NR22
£89506/240.26 miAlexandra Road, Norwich, NR22
£1,15007/240.26 miUnthank Road, NR2 2PB2
£1,09506/240.26 miNeville Street, Norwich, NR2 2PR2
£97507/240.26 miNorwich2
£1,25008/240.27 migolden triangle2
£1,30003/240.27 miCollege Road, Norwich, NR22
£1,10003/240.27 miGolden Triangle, NR22
£1,25006/240.28 mi-2
£1,15001/250.28 mi-2
£90006/240.29 miBelvoir Street, Golden Triangle2
£1,15006/240.31 miWinter Road, NORWICH2
£1,64703/250.32 mi-2
£99507/240.32 miRose Valley, Off Unthank Road, Norwich2
£1,25003/250.32 mi-2
£1,60002/250.33 mi-2
£1,20009/240.33 miTrinity Court, Norwich, NR22
£1,10009/240.34 mi-2
£1,10007/240.34 miGlebe Road, Norwich, NR22
£1,10008/240.34 miGlebe Road, Norwich, NR22
£1,20006/240.34 miUnthank Road, NORWICH2
£1,05006/240.35 miAlexandra Road, NORWICH2
£1,09508/240.35 miUnthank Road, Norwich, Norfolk, NR22
£97507/240.36 miSomerleyton Gardens, Norwich, NR22
£1,15006/240.36 miGladstone Street, Norwich, NR2 3BJ2
£95006/240.36 miGladstone Street2
£97501/250.37 mi-2

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

1.13 miles away

Nearest school

0.10 miles away

Nearest train station

1.40 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £280,000

March 2, 2025

Floor Plans

Description

  • Porch Entrance Terrace House +
  • Recently Renovated Throughout +
  • Two Double Bedrooms +
  • Modern Fitted Kitchen +
  • Modern Fitted Bathroom & En Suite +
  • Gas Central Heating & Double Glazing +
  • Non Bisected Landscaped Garden +
  • Sought After Location +

* Launch Event Saturday 8th March - Strictly By Appointment Only * Guide Price £280,000 - £290,000 *** ClaxtonBird are proud to present this exquisite mid-terrace house, perfectly situated in the coveted Golden Triangle, just off Park Lane. The current owners have undertaken a meticulous renovation, elevating the property with brand-new windows and doors, newly fitted radiators, stylishly updated bathroom suites, and elegant wooden floors throughout the reception areas. At the heart of this stunning home, you'll discover a modern fitted kitchen equipped with built-in appliances. Outside, there is a beautifully landscaped non bisected garden offering a private retreat during the warmer months. We highly recommend viewing this property to truly appreciate the exceptional quality and finish on offer.

Entrance Porch - Double glazed entrance door, double glazed windows to front and side aspect and doorway to sitting room.

Sitting Room - 3.43m max x 3.38m (11'3" max x 11'1" ) - Upvc double glazed sash look window to front aspect, cornice, engineered oak wooden floor and radiator.

Dining Room - 3.31 max x 3.35 (10'10" max x 10'11") - Upvc double glazed sash look window to rear aspect, understairs storage cupboard, engineered oak wooden floor and radiator.

Kitchen - 3.82 x 1.76 (12'6" x 5'9") - Newly fitted kitchen comprising wall and base units with Corian worktop and upstand over, under mount sink with mixer tap, built in oven and hob, further built in appliances including washing machine, dishwasher and fridge freezer, part tiled splashback, tiled floor and upvc double glazed window to side aspect.

Lobby - Double glazed door leading out to the garden, built in cupboard housing the gas central heating boiler with shelving, and tiled floor.

Bathroom - 1.66 x 1.94 (5'5" x 6'4") - Modern three piece suite comprising panel bath with mixer tap and shower attachment, low level WC, wash hand basin, part tiled walls, tiled floor, towel rail radiator and upvc double glazed window to rear aspect.

First Floor Landing - `

Bedroom - 3.39 x 3.53 max (11'1" x 11'6" max) - Upvc double glazed sash look window to front aspect and radiator.

Bedroom - 3.40 x 3.27 max (11'1" x 10'8" max) - Upvc double glazed sash look window to rear aspect, over stairs storage cupboard, radiator and door to en suite.

En Suite Shower Room - 2.31 x 1.76 (7'6" x 5'9") - Modern suite comprising shower cubicle with inset mixer shower, low level WC, wash hand basin set in vanity unit with mixer tap, part tiled walls, tiled effect floor, spotlightss, towel rail radiator and upvc double glazed windows to side and rear aspect.

Front Garden - Enclosed by wall with shrub borders, raised beds, inset shingle and gated chequer board tiled pathway leading to the entrance door.

Rear Garden - Non-bisected garden enclosed by wall and feature slatted fencing with ample space for outside table and chairs raised shurb borders and outside tap.

Agents Note - Some rooms throughout the property are irregularly shaped.

Council Tax Band B
EPC Rating D

Agent Details

ClaxtonBird, Norwich

01603 361650

Next Steps?

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