2 Bed Flat, Single Let, Norwich, NR2 2TP £210,000

Thomas Wyatt Close, Norwich, NR2 2TP - 9 months ago
Leasehold
BTL
ROI: 2%
~68 m²
Property image

ValuationOvervalued

Sold Prices£92.5K - £310K
Sold Prices/m²£1.6K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£170,277

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£875 - £1,500

Rent Estimate

£953

Running Costs/mo

£867

Cashflow/mo

£86

Cashflow/yr

£1,034

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £92.5K to £310K, average is £173.5K. £1.6K/m² to £4.3K/m², average is £2.5K/m².

Price
Date
Distance
Address
Beds
 
£215K01/250.03 mi8, Edward Jodrell Plain, Norwich NR2 2TD2
£150K02/250.06 miThe Pavilion, 167, St Stephens Road, Norwich NR1 3SJ2
£242K03/250.06 mi229, The Pavilion, St Stephens Road, Norwich NR1 3SN2
£230K07/250.06 mi224, The Pavilion, St Stephens Road, Norwich NR1 3SN2
£196K01/250.07 mi25, Sarah West Close, Norwich NR2 2TE2
£188K03/250.07 mi1 Heigham Cottage, Flat 4, Brunswick Road, Norwich NR2 2HA2
£188K03/250.07 miFlat 4, 1 Heigham Cottage, Brunswick Road, Norwich NR2 2HA2
£177K07/230.09 mi27, Kenneth Mckee Plain, Norwich, Norfolk NR2 2TH2
£190K03/230.12 mi29, Wessex Street, Norwich, Norfolk NR2 2TJ2
£92.5K12/220.12 mi17, Wessex Street, Norwich, Norfolk NR2 2TJ2
£200K01/230.12 mi7, Wessex Street, Norwich, Norfolk NR2 2TJ2
£170K11/220.13 mi18, Wessex Street, Norwich, Norfolk NR2 2SP2
£205K07/250.15 mi15, Dial House, Ipswich Road, Norwich NR2 2LH2
£160K12/230.16 mi15, Eagle Walk, Norwich, Norfolk NR2 2JA2
£165K10/230.17 miFlat 11, Marlborough House, Grove Road, Norwich, Norfolk NR1 3RQ2
£145K12/230.18 mi62, Norfolk Street, Norwich NR2 2SN2
£145K05/250.18 mi54, Norfolk Street, Norwich NR2 2SN2
£145K05/250.18 mi54, Norfolk Street, Norwich NR2 2SN2
£165K05/250.22 mi9, Needham Place, St Stephens Square, Norwich NR1 3SD2
£165K05/250.22 mi9, Needham Place, St Stephens Square, Norwich NR1 3SD2
£310K06/210.3 mi47, Chapel Field East, Norwich, Norfolk NR2 1SF2
£260K03/250.31 mi49, Chapel Field East, Norwich NR2 1SF2
£260K03/250.31 mi49, Chapel Field East, Norwich NR2 1SF2
£125K01/240.31 mi111, Somerleyton Gardens, Norwich, Norfolk NR2 2BP2
£128K09/230.36 mi24, Johnson Place, Norwich, Norfolk NR2 2SA2
£203K09/210.37 mi156, Brazen Gate, Norwich, Norfolk NR1 3SB2
£265K01/250.38 mi91, Flat 2, Newmarket Road, Norwich NR2 2HP2
£180K05/230.39 mi7, Lady Mary Road, Norwich, Norfolk NR1 2QZ2
£220K03/250.39 mi4, Brazen Gate, Norwich NR1 3SB2
£200K04/240.42 mi45, St Albans Road, Norwich, Norfolk NR1 2QX2
£140K10/230.46 mi36, Trafalgar Street, Norwich, Norfolk NR1 3HN2
£138K01/240.47 mi91, Southwell Road, Norwich, Norfolk NR1 3HU2
£177K05/250.48 mi24, Goldwell Road, Norwich NR1 3PX2
£177K05/250.48 mi24, Goldwell Road, Norwich NR1 3PX2
£150K10/210.48 mi33, Brooke Place, Norwich, Norfolk NR1 3EX2
£163K07/240.49 mi45, Southwell Road, Norwich NR1 3HU2
£160K01/240.49 mi71, Trafalgar Street, Norwich, Norfolk NR1 3HW2
£200K10/230.5 miFlat 18, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£205K11/230.5 miFlat 35, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£215K03/230.5 miFlat 3, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£150K07/230.5 mi17, Watlings Court, Norwich, Norfolk NR2 1HA2
£180K07/230.5 mi16, Watlings Court, Norwich, Norfolk NR2 1HA2
£162K04/230.5 mi14, Southwell Road, Norwich, Norfolk NR1 3HS2
£140K07/210.51 mi16, Gordon Square, Norwich, Norfolk NR1 3HJ2
£132.5K07/230.51 mi9, Gordon Square, Norwich, Norfolk NR1 3HJ2
£138K09/210.51 mi23, Gordon Square, Norwich, Norfolk NR1 3HJ2
£177.5K08/230.52 mi12, Patricia Road, Norwich, Norfolk NR1 2PE2
£127.5K08/250.53 mi8, Cherry Close, Norwich NR1 3HR2
£162K01/230.55 mi3, Milton Close, Norwich, Norfolk NR1 3HX2
£152K09/210.55 mi56, Heigham Grove, Norwich, Norfolk NR2 3DH2

Local Rents

50 rents from £875/mo to £1.5K/mo, average is £1.2K/mo.

Rent
Date
Distance
Address
Beds
 
£97507/240.02 miEdward Jodrell Plain, Norwich2
£1,20011/250.03 miAlexandra House, Thomas Wyatt Close, Norwich2
£95006/240.04 miBrunswick Road, Norwich2
£90003/240.04 miBrunswick Road, Norwich, Norfolk, NR22
£87507/250.05 miThomas Wyatt Close, Norwich, Norfolk, NR22
£1,35008/240.05 miThomas Wyatt Close, NORWICH2
£1,35011/250.05 miThomas Wyatt Close, NORWICH2
£1,40010/240.05 mi-2
£1,30006/250.05 mi-2
£1,40006/250.05 miThomas Wyatt Close, Norwich, NR22
£1,30006/240.05 mi-2
£1,35008/240.05 miThomas Wyatt Close, Norwich2
£1,25006/240.05 miThe Pavillion, NR12
£1,50007/250.05 miSt. Stephens Road, NORWICH2
£1,15008/250.05 miSt. Stephens Road, Norwich, Norfolk, NR12
£87507/250.05 miFlat in Alexandra House, Norwich, NR2 2TP2
£1,20011/250.05 miThomas Wyatt Close, Norwich, NR22
£1,19511/240.05 mi-2
£1,19505/250.05 mi-2
£1,25006/250.05 miNorwich, Norwich, NR22
£95008/250.06 miAlexandra House, Thomas Wyatt Close, Norwich, NR22
£1,10011/250.06 miBrunswick Road, Norwich2
£92508/250.06 miThe Pavilion, St Stephens Road, Norwich, NR12
£1,25009/250.06 miThe Pavilion, St Stephens Road, Norwich, NR12
£1,30010/250.06 miThe Pavilion, St Stephens Street, Norwich, NR1 3SG2
£1,30010/250.06 miThe Pavilion, NR1 3SG2
£1,20003/240.06 miThe Pavillion, St Stephens Road, Norwich2
£90008/250.06 miThe Pavilion, Norwich2
£1,05009/250.06 miThe Pavillion, St Stephens Road, NR1 3SG2
£90007/250.06 miSarah West Close, Norwich2
£1,10008/250.07 miSt Stephens Road, Norfolk2
£1,10008/250.07 miSt Stephens Road, Norwich2
£1,00008/250.07 miSarah West Close, Norwich, NR22
£97508/250.07 miThe Pavilion, St Stephens Road, Norwich, NR12
£95006/240.07 miThe Pavilion, St Stephens Road, Norwich, NR12
£1,15006/240.07 miSt Stephens Road, NORWICH2
£1,20006/250.07 miThe Pavilion, NR12
£1,20005/250.07 miThe Pavilion, St Stephens Road, Norwich, NR12
£1,10006/250.07 miThe Pavilion, Norwich, NR12
£1,09509/250.07 miSt. Stephens Road, Norwich, Norfolk, NR12
£1,20010/250.07 miThe Pavilion, St Stephens Road, Norwich, NR12
£1,20011/250.07 miSt Stephens Road, NORWICH2
£1,05011/250.07 miThe Pavilion, St. Stephens Road, Norwich, Norfolk, NR12
£1,10005/250.07 miThe Pavilion, Norwich2
£97508/250.08 miThe Pavilion, St. Stephens Road, Norwich, Norfolk, NR12
£92506/240.08 miThe Pavilion, St. Stephens Road, Norwich, Norfolk, NR12
£1,10008/240.09 miNewmarket Street, Norwich, Norfolk, NR22
£1,25006/250.09 miNewmarket Street, NORWICH2
£1,20010/250.09 miNewmarket Street, NORWICH2
£1,25006/240.09 miNewmarket Street, Norwich, NR22

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

1.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £210,000

July 26, 2025

Price changed to £220,000

May 15, 2025

Listed for £230,000

March 3, 2025

Floor Plans

Property image

Description

  • Third Floor Apartment +
  • Newly Fitted Kitchen +
  • Two Double Bedrooms +
  • Newly Fitted Shower Room & En Suite +
  • Upgraded Electric Heaters +
  • Allocated Parking Space +
  • Convenient Location +
  • No Onward Chain +

ClaxtonBird are delighted to offer this two-bedroom third floor apartment, nestled on the Old Hospital site, within a stone's throw from the vibrant city centre of Norwich. The current owners have meticulously updated the property, offering well-presented accommodation throughout, including a recently fitted kitchen with built in appliances, shower room and en-suite. The apartment boasts a well-designed layout, featuring a spacious sitting room/kitchen, inviting an abundance of natural light to create a warm and welcoming atmosphere. Additional features include high ceilings, secure entry system, secondary glazed sash windows and recently upgraded electric heating. Externally, the property is set within well-maintained gardens with the added convenience of an allocated parking space nearby. Offered for sale with no onward chain and early viewing is highly recommended.

Communal Entrance Hall - Stairs and lift access.

Entrance Hall - Entrance door, security entry telephone system, storage cupboard, wood effect floor and electric heater.

Sitting Room - 4.55 max x 2.96 (14'11" max x 9'8") - Two large secondary glazed sash windows, high ceilings, wood effect floor and electric heater. Open to:

Kitchen - 3.71 x 1.62 (12'2" x 5'3") - Recently fitted kitchen comprising wall and base units with work surfaces over, stainless steel sink with mixer tap, built in oven with hob and extractor hood over, built in fridge freezer, built in washing machine, spot lights, tiled floor. electric heater and large secondary glazed sash window.

Bedroom - 4.33 max x 3.07 max (14'2" max x 10'0" max) - Large secondary glazed sash window, built in wardrobes, wood effect floor and electric heater. Door to:

En Suite - 2.13 x 1.69 (6'11" x 5'6") - Suite comprising walk in double shower cubicle with inset mixer shower, wash hand basin, low level WC, extractor fan, spotlights, part tiled walls, tiled floor, towel rail heater and secondary glazed sash window.

Bedroom - 2.99 x 2.61 (9'9" x 8'6") - Large secondary glazed sash window, electric wall heater and wood effect floor.

Shower Room - Suite comprising double shower cubicle with inset mixer shower, wash hand basin with mixer tap, low level WC, extractor fan, spotlights, part tiled walls, tiled floor and electric towel rail heater.

Outside - The property is set within well maintained communal gardens with an allocated parking space located nearby in the Pavilion site car park.

Agents Note - The vendor has advised us that they pay approximately £3500 per annum, which includes service charge, ground rent and water rates.
Lease Term: 125 years
Lease Length Remaining - 104 years
The property has a lift.

Council Tax Band C
EPC Rating EXEMPT

Agent Details

ClaxtonBird, Norwich

01603 361650

Next Steps?

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