3 Bed Detached House, Single Let, Norwich, NR4 7AD, £500,000

Leopold Road, Norwich, NR4 7AD - a month ago

Leasehold
BTL
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£205K - £2.0M
Sold Prices/m²£2.7K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£361,177

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Total Cash In

£166,200

 

 

Cash Out

 

Rent Range

£910 - £1,800

Rent Estimate

£995

Running Costs/mo

£1,782

Cashflow/mo

£-786

Cashflow/yr

£-9,438

Gross Yield

2%

Local Sold Prices

50 sold prices from £205K to £2.0M, average is £325K. £2.7K/m² to £7.1K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£417K05/230.01 mi6, Leopold Road, Norwich, Norfolk NR4 7AD3
£412.5K11/230.04 mi16, Leopold Close, Norwich, Norfolk NR4 7PR3
£430K04/240.04 mi5, Leopold Close, Norwich, Norfolk NR4 7PR3
£275K06/240.07 mi9, Belvedere Place, Norwich, Norfolk NR4 7PP3
£300K03/240.07 mi18, Belvedere Place, Norwich, Norfolk NR4 7PP3
£292K06/210.08 mi27, Melrose Road, Norwich, Norfolk NR4 7PN3
£800K03/230.13 mi2b, Mile End Road, Norwich, Norfolk NR4 7QY3
£282.5K06/240.14 mi70, Waldeck Road, Norwich, Norfolk NR4 7PQ3
£351K06/230.14 mi53, Waldeck Road, Norwich, Norfolk NR4 7PQ3
£382.5K02/230.14 mi49, Waldeck Road, Norwich, Norfolk NR4 7PQ3
£230K06/210.15 mi30, Waldeck Road, Norwich, Norfolk NR4 7PG3
£305K09/210.15 mi31, Waldeck Road, Norwich, Norfolk NR4 7PG3
£255K10/230.15 mi26, Waldeck Road, Norwich, Norfolk NR4 7PG3
£250K11/200.15 mi56, Mile End Road, Norwich, Norfolk NR4 7QX3
£525K12/200.16 mi36, Upton Close, Norwich, Norfolk NR4 7PD3
£248K07/210.17 mi348, Unthank Road, Norwich, Norfolk NR4 7QD3
£540K08/210.21 mi22, Kingston Square, Norwich, Norfolk NR4 7PF3
£400K02/210.29 mi46, Eaton Road, Norwich, Norfolk NR4 6PZ3
£295K05/230.29 mi4, The Walnuts, Norwich, Norfolk NR4 6SR3
£337.5K07/230.29 mi25, The Walnuts, Norwich, Norfolk NR4 6SR3
£313K09/230.29 mi12, The Walnuts, Norwich, Norfolk NR4 6SR3
£290K06/230.29 mi3, The Walnuts, Norwich, Norfolk NR4 6SR3
£325K01/230.29 mi19, Buckingham Road, Norwich, Norfolk NR4 7DE3
£280K01/230.3 mi67, Buckingham Road, Norwich, Norfolk NR4 7DE3
£205K01/210.32 mi38, Buckingham Road, Norwich, Norfolk NR4 7DQ3
£325K11/230.32 mi22, Buckingham Road, Norwich, Norfolk NR4 7DQ3
£267K09/210.32 mi13, Muriel Road, Norwich, Norfolk NR2 3NY3
£256.5K06/230.32 mi13, Muriel Road, Norwich, Norfolk NR2 3NY3
£352K01/210.33 mi8, Mornington Road, Norwich, Norfolk NR2 3NB3
£245K12/200.33 mi44, Muriel Road, Norwich, Norfolk NR2 3NZ3
£412.4K05/210.34 mi1, Mornington Road, Norwich, Norfolk NR2 3NA3
£245K12/230.35 mi105, Highland Road, Norwich, Norfolk NR2 3NW3
£250K08/230.35 mi87, Highland Road, Norwich, Norfolk NR2 3NW3
£455K06/230.36 mi49, Christchurch Road, Norwich, Norfolk NR2 3NE3
£228K12/210.37 mi29, Highland Road, Norwich, Norfolk NR2 3NN3
£325K11/230.37 mi36, Highland Road, Norwich, Norfolk NR2 3NN3
£367.5K12/200.39 mi14, Grange Road, Norwich, Norfolk NR2 3NH3
£315K02/240.39 mi2, Grange Road, Norwich, Norfolk NR2 3NH3
£510K07/230.39 mi4, Grange Road, Norwich, Norfolk NR2 3NH3
£390K06/210.39 mi47, Meadow Rise Road, Norwich, Norfolk NR2 3QF3
£511.6K12/230.39 mi61, Meadow Rise Road, Norwich, Norfolk NR2 3QF3
£525K01/220.39 mi65, Meadow Rise Road, Norwich, Norfolk NR2 3QF3
£564K09/210.39 mi65, Christchurch Road, Norwich, Norfolk NR2 3NF3
£480K04/210.4 mi11, Wentworth Green, Norwich, Norfolk NR4 6AE3
£578K07/230.4 mi12, Wentworth Green, Norwich, Norfolk NR4 6AE3
£2.0M12/230.41 mi86, Newmarket Road, Norwich, Norfolk NR2 2LB3
£252K07/210.41 mi7, South Park Avenue, Norwich, Norfolk NR4 7AX3
£840K11/230.43 mi3a, Albemarle Road, Norwich, Norfolk NR2 2DF3
£307.5K10/230.44 mi10, Parmenter Road, Norwich, Norfolk NR4 7DH3
£535K04/230.44 mi9, Caroline Court, Norwich, Norfolk NR4 7EJ3

Local Rents

47 rents from £910/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,35006/240.1 miUplands Court, Upton Road, Norwich, NR4 7PH3
£1,45006/240.12 miUpton Road, Norwich, NR43
£1,45012/240.14 mi-3
£1,45012/240.14 mi-3
£1,65012/240.14 mi-3
£1,45012/240.14 mi-3
£1,45012/240.14 mi-3
£1,70006/240.14 miUpton Road, Norwich, NR43
£1,20011/240.14 mi-3
£1,20002/250.14 mi-3
£1,45006/240.14 miUpton Road, Norwich, NR43
£1,25006/240.29 miThe Walnuts, Norwich, 3
£1,12503/250.32 mi-3
£1,23006/240.33 miMuriel Road, Norwich NR2 3NZ3
£1,15008/240.36 miSouth City3
£1,40008/240.37 miHighland Road, NORWICH3
£1,25012/240.4 mi-3
£1,35006/240.44 miHenley Road, Norwich NR2 3NL3
£1,60006/240.44 mi-3
£1,50006/240.49 miJessopp Road, Norwich, Norfolk, NR23
£1,52006/240.51 miLincoln Street, Norwich NR2 3JY4
£1,20001/120.51 miBury Street,Norwich,NR23
£1,80006/240.52 miBrentwood, Norwich, NR43
£1,20007/240.52 miBury Street, Norwich, NR23
£99506/240.52 miGlebe Road, Norwich, NR23
£99506/240.52 miGlebe Road, Norwich, NR23
£1,35006/240.52 miBury Street, Norwich NR2 2DN3
£1,26006/240.52 miBury Street, Norwich NR2 2DN3
£91008/240.53 miLincoln Street, Norwich3
£1,30006/240.55 miOnley Street, NORWICH3
£1,14006/240.56 miOnley Street, Norwich NR2 2EB3
£1,60008/240.56 miCollege Road, Norwich3
£1,05008/240.57 miSouth West City3
£1,50003/250.57 mi-3
£1,26006/240.58 miDover Street, Norwich NR2 3LG3
£1,26006/240.58 miDover Street, Norwich NR2 3LQ, 3 Bed3
£1,70007/240.58 miPortland Street, Norwich, Norfolk, NR23
£1,65007/240.58 miPortland Street, NR2 3LE3
£1,45007/240.58 miPortland Street, Norwich, NR23
£1,11003/240.58 miPortland Street, Norwich NR2 3LF3
£1,20007/240.59 miDover Street, Norwich3
£1,20008/240.59 miDover Street, Norwich3
£1,05006/240.59 miDover Street, Norwich, NR23
£1,70007/240.61 miPortland Street, Norwich3
£1,35006/240.61 miLeicester Street, Norwich NR2 2AS3
£1,29506/240.62 miRutland Street, Norwich, Norfolk, NR23
£1,29507/240.62 miRutland Street, Norwich, Norfolk, NR23

Local Area Statistics

Population in NR4

22,331

Population in Norwich

366,887

Town centre distance

1.90 miles away

Nearest school

0.30 miles away

Nearest train station

1.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Price changed to £500,000

March 20, 2025

Listed for £525,000

March 3, 2025

Floor Plans

Description

  • Three-bedroom detached house +
  • Spacious throughout +
  • Kitchen with built-in cupboards, ample counter space, and a separate utility room +
  • Large open-plan lounge and dining room +
  • Family shower room and ground floor WC +
  • Enclosed rear garden with storage shed and fish pond +
  • Off-road parking provided by a double garage and driveway +
  • Located in a sought-after area of Norwich with excellent amenities nearby +
  • Close to the University of East Anglia, Norfolk and Norwich University Hospital, and the Research Park +
  • Short drive or bus journey to Norwich city centre for shopping, dining, and entertainment +

This three-bedroom detached house, located in a highly desirable area of Norwich, presents a fantastic opportunity to put your stamp on a comfortable home. The property features a generous open-plan lounge and dining area, an enclosed rear garden, off-road parking, and built-in wardrobes in all bedrooms. It’s ideal for families, professionals, or anyone looking for a property with potential. The house is within easy reach of local amenities, including the University of East Anglia, Norfolk and Norwich University Hospital, and the Research Park, offering a convenient and well-connected location. Location Leopold Road is located in a sought-after area of Norwich, offering convenient access to various amenities. The property is within easy reach of the University of East Anglia, the Norfolk and Norwich University Hospital, and the Research Park, making it an excellent location for professionals, academics, and medical staff. The area benefits from various local shops, supermarkets, and leisure facilities, while Eaton Park and Earlham Park provide green spaces for outdoor activities. Norwich city centre is just a short drive or bus journey away, offering a wide selection of shops, restaurants, and cultural attractions. The property also has good transport links, with easy access to the A11 and A47 for those commuting further afield. Leopold Road, Norwich As you enter the property, you are greeted by a generously sized hallway leading to a conveniently renovated WC with support rails for assistance and direct access to the double garage.

Moving further through the property, you will find a large and light-filled open-plan dining room and lounge area, complete with French doors that provide natural light and easy access to the outdoors. The kitchen boasts built-in cupboards, ample counter space, and a separate utility room with additional storage space and more countertops for convenience.

Heading upstairs along the staircase with support rails, you will come across a landing with a helpful storage cupboard. The first floor is home to two spacious double bedrooms and a smaller bedroom, all equipped with built-in wardrobes for added functionality. The family shower room on this level is modern and stylish, with discreetly placed support rails for convenience and safety.

Outside, the property offers an enclosed rear garden with a paved area and a peaceful fishpond, making it a relaxing retreat for unwinding. Off-road parking is provided by the driveway and double garage, ensuring ample space for vehicles and storage. Additionally, there is a small garden area to the side of the driveway, adding to the charm of the property. Agents notes Council Tax Band- D Please note that the information provided is limited as the sale is being handled by a third party.
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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