2 Bed Terraced House, Single Let, Norwich, NR3 1JG, £190,000





ValuationUndervalued
Sold Prices | £163K - £305K |
Sold Prices/m² | £2.4K/m² - £4.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.8K/m² |
Value Estimate | £207,918£207,918 |
BMV | 9% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £47,500£47,500 |
Stamp Duty & Legal Fees | £10,700£10,700 |
Total Cash In | £58,200£58,200 |
| |
Cash Out | |
Rent Range | £825 - £1,300£825 - £1,300 |
Rent Estimate | £928 |
Running Costs/mo | £799£799 |
Cashflow/mo | £129£129 |
Cashflow/yr | £1,544£1,544 |
ROI | 3%3% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £163K to £305K, average is £215K. £2.4K/m² to £4.3K/m², average is £3.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£190K | 12/20 | 0.09 mi | 32, Magdalen Road, Norwich, Norfolk NR3 4AF | £2,370 | 80 | 2 | Terraced House | |
£305K | 09/23 | 0.09 mi | 32, Magdalen Road, Norwich, Norfolk NR3 4AF | £3,804 | 80 | 2 | Terraced House | |
£168K | 07/23 | 0.11 mi | 30, Beaconsfield Road, Norwich, Norfolk NR3 4PW | - | - | 2 | Terraced House | |
£248K | 12/21 | 0.12 mi | 61, Beaconsfield Road, Norwich, Norfolk NR3 4PN | £3,533 | 70 | 2 | Terraced House | |
£245K | 02/24 | 0.12 mi | 5, Beaconsfield Road, Norwich, Norfolk NR3 4PN | £3,267 | 75 | 2 | Terraced House | |
£205K | 05/23 | 0.12 mi | 52, Heath Road, Norwich, Norfolk NR3 1JW | £3,534 | 58 | 2 | Terraced House | |
£235K | 01/23 | 0.12 mi | 10, Heath Road, Norwich, Norfolk NR3 1JW | £3,796 | 62 | 2 | Terraced House | |
£205K | 07/23 | 0.12 mi | 20, Heath Road, Norwich, Norfolk NR3 1JW | £2,929 | 70 | 2 | Terraced House | |
£216K | 03/23 | 0.12 mi | 7, Spencer Street, Norwich, Norfolk NR3 4PA | £3,117 | 69 | 2 | Semi-Detached House | |
£215K | 11/21 | 0.13 mi | 4, Clarke Road, Norwich, Norfolk NR3 1JL | £2,961 | 73 | 2 | Terraced House | |
£173K | 03/21 | 0.13 mi | 38, Magpie Road, Norwich, Norfolk NR3 1JQ | £2,526 | 68 | 2 | Terraced House | |
£180K | 01/23 | 0.13 mi | 29, Esdelle Street, Norwich, Norfolk NR3 3BN | £2,727 | 66 | 2 | Terraced House | |
£180K | 05/23 | 0.13 mi | 37, Esdelle Street, Norwich, Norfolk NR3 3BN | £2,687 | 67 | 2 | Terraced House | |
£189K | 02/21 | 0.13 mi | 7, Spencer Street, Norwich, Norfolk NR3 4PA | £2,727 | 69 | 2 | Semi-Detached House | |
£192K | 01/21 | 0.14 mi | 57, Knowsley Road, Norwich, Norfolk NR3 4PR | £2,382 | 81 | 2 | Terraced House | |
£240K | 09/21 | 0.14 mi | 32, Magpie Road, Norwich, Norfolk NR3 1JQ | £2,637 | 91 | 2 | Terraced House | |
£265K | 01/23 | 0.14 mi | 23, Cowgate, Norwich, Norfolk NR3 1SZ | - | - | 2 | Terraced House | |
£237.6K | 01/23 | 0.15 mi | 45, Knowsley Road, Norwich, Norfolk NR3 4PR | £3,444 | 69 | 2 | Terraced House | |
£178K | 03/21 | 0.15 mi | 40, Shipstone Road, Norwich, Norfolk NR3 1JY | £2,580 | 69 | 2 | Terraced House | |
£190.3K | 06/23 | 0.15 mi | 77, Bull Close Road, Norwich, Norfolk NR3 1NQ | £2,515 | 76 | 2 | Terraced House | |
£240K | 10/22 | 0.15 mi | 82, Bull Close Road, Norwich, Norfolk NR3 1NQ | £4,138 | 58 | 2 | Semi-Detached House | |
£203.5K | 11/20 | 0.16 mi | 58, Knowsley Road, Norwich, Norfolk NR3 4PS | £2,788 | 73 | 2 | Terraced House | |
£232K | 06/23 | 0.16 mi | 6, Knowsley Road, Norwich, Norfolk NR3 4PS | £3,053 | 76 | 2 | Terraced House | |
£249.5K | 06/23 | 0.16 mi | 56, Knowsley Road, Norwich, Norfolk NR3 4PS | £3,616 | 69 | 2 | Terraced House | |
£220K | 05/23 | 0.16 mi | 5, Shipstone Road, Norwich, Norfolk NR3 1JZ | £3,385 | 65 | 2 | Terraced House | |
£216K | 09/21 | 0.17 mi | 54, Magdalen Road, Norwich, Norfolk NR3 4AQ | - | - | 2 | Terraced House | |
£216K | 12/20 | 0.17 mi | 156, Waterloo Road, Norwich, Norfolk NR3 3HN | £3,130 | 69 | 2 | Semi-Detached House | |
£275K | 09/23 | 0.17 mi | 156, Waterloo Road, Norwich, Norfolk NR3 3HN | £3,986 | 69 | 2 | Semi-Detached House | |
£191K | 11/22 | 0.17 mi | 36, Cowgate, Norwich, Norfolk NR3 1SY | £2,809 | 68 | 2 | Semi-Detached House | |
£220K | 11/20 | 0.18 mi | 28, St Augustines Street, Norwich, Norfolk NR3 3BZ | £3,333 | 66 | 2 | Terraced House | |
£243K | 06/21 | 0.19 mi | 14, Albany Road, Norwich, Norfolk NR3 1EE | - | - | 2 | Terraced House | |
£240K | 04/21 | 0.19 mi | 2a, Albany Road, Norwich, Norfolk NR3 1EE | £4,312 | 56 | 2 | Detached House | |
£207.5K | 12/20 | 0.19 mi | 31, Albany Road, Norwich, Norfolk NR3 1EE | £3,144 | 66 | 2 | Terraced House | |
£233K | 10/23 | 0.19 mi | 27, Albany Road, Norwich, Norfolk NR3 1EE | £3,355 | 69 | 2 | Terraced House | |
£200K | 10/21 | 0.19 mi | 21, Albany Road, Norwich, Norfolk NR3 1EE | £2,778 | 72 | 2 | Terraced House | |
£250K | 03/24 | 0.19 mi | 6, Churchill Road, Norwich, Norfolk NR3 4PY | - | - | 2 | Terraced House | |
£225K | 02/24 | 0.19 mi | 44, Churchill Road, Norwich, Norfolk NR3 4PY | £3,261 | 69 | 2 | Terraced House | |
£205K | 12/23 | 0.19 mi | 14, Churchill Road, Norwich, Norfolk NR3 4PY | £2,733 | 75 | 2 | Terraced House | |
£204.1K | 03/21 | 0.19 mi | 48, Churchill Road, Norwich, Norfolk NR3 4PY | £2,694 | 76 | 2 | Terraced House | |
£215K | 02/24 | 0.19 mi | 58, Churchill Road, Norwich, Norfolk NR3 4PY | £3,116 | 69 | 2 | Terraced House | |
£180K | 12/20 | 0.19 mi | 17, Willis Street, Norwich, Norfolk NR3 1SW | £2,571 | 70 | 2 | Terraced House | |
£196K | 06/21 | 0.19 mi | 9, Willis Street, Norwich, Norfolk NR3 1SW | £3,043 | 64 | 2 | Semi-Detached House | |
£168K | 12/20 | 0.2 mi | 69, Peacock Street, Norwich, Norfolk NR3 1TB | £2,507 | 67 | 2 | Terraced House | |
£183.5K | 11/21 | 0.2 mi | 96, Spencer Street, Norwich, Norfolk NR3 4PE | £2,960 | 62 | 2 | Terraced House | |
£230K | 12/20 | 0.2 mi | 47, Wodehouse Street, Norwich, Norfolk NR3 4TY | £3,194 | 72 | 2 | Terraced House | |
£235K | 05/23 | 0.2 mi | 76, Marlborough Road, Norwich, Norfolk NR3 4PJ | - | - | 2 | Terraced House | |
£163K | 03/21 | 0.2 mi | 76, Marlborough Road, Norwich, Norfolk NR3 4PJ | - | - | 2 | Terraced House | |
£253K | 10/23 | 0.2 mi | 162, Marlborough Road, Norwich, Norfolk NR3 4PJ | £3,819 | 66 | 2 | Terraced House | |
£185K | 02/21 | 0.2 mi | 78, Wodehouse Street, Norwich, Norfolk NR3 4TZ | £2,693 | 69 | 2 | Terraced House | |
£210K | 11/20 | 0.21 mi | 87, Marlborough Road, Norwich, Norfolk NR3 4PL | £3,182 | 66 | 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 | |
£900 | 09/24 | 0.01 mi | Magpie Road | 2 | Terraced House | |
£995 | 07/24 | 0.03 mi | Magpie Road, Norwich | 2 | Terraced House | |
£995 | 06/24 | 0.05 mi | - | 2 | Flat | |
£900 | 06/24 | 0.08 mi | Bull Close Road, NORWICH | 2 | Flat | |
£950 | 06/24 | 0.09 mi | Cross Keys Yard | 2 | Flat | |
£950 | 07/24 | 0.09 mi | Cross Keys Yard | 2 | Flat | |
£1,100 | 08/24 | 0.09 mi | Marlborough Road, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£1,200 | 06/24 | 0.09 mi | Magdalen Street, Norwich | 2 | Flat | |
£895 | 06/24 | 0.1 mi | Guernsey Road, Norwich | 2 | Terraced House | |
£1,250 | 06/24 | 0.1 mi | Magdalen Road, Norwich, | 2 | Flat | |
£1,200 | 08/24 | 0.11 mi | Beaconsfield Road | 2 | Terraced House | |
£1,150 | 07/24 | 0.11 mi | Beaconsfield Road, NR3 | 2 | Terraced House | |
£925 | 06/24 | 0.11 mi | Edward Street, Norwich | 2 | Flat | |
£1,100 | 04/25 | 0.11 mi | - | 2 | Terraced House | |
£950 | 08/24 | 0.12 mi | Dalymond Court, NR3 3FH | 2 | Flat | |
£975 | 08/24 | 0.12 mi | Dalymond Court, Norwich, NR3 3FH | 2 | Flat | |
£1,100 | 06/24 | 0.12 mi | Norwich, NR3 | 2 | Terraced House | |
£1,000 | 06/24 | 0.13 mi | Clarke Road, Norwich, NR3 | 2 | Terraced House | |
£1,100 | 08/24 | 0.13 mi | - | 2 | Terraced House | |
£1,200 | 06/24 | 0.13 mi | Magpie Road, Norwich, NR3 | 2 | Flat | |
£1,200 | 06/24 | 0.13 mi | - | 2 | Flat | |
£1,200 | 07/24 | 0.14 mi | Bull Close, NORWICH | 2 | Flat | |
£950 | 10/24 | 0.14 mi | - | 2 | Terraced House | |
£1,295 | 07/24 | 0.16 mi | - | 2 | Terraced House | |
£1,294 | 05/24 | 0.16 mi | - | 2 | Terraced House | |
£1,294 | 04/25 | 0.16 mi | - | 2 | Terraced House | |
£1,300 | 06/24 | 0.16 mi | Cowgate, Norwich, NR3 | 2 | Terraced House | |
£825 | 06/24 | 0.17 mi | Yarn Mews, Norwich | 2 | Terraced House | |
£995 | 06/24 | 0.17 mi | Knowsley Road, Norwich | 2 | Terraced House | |
£1,200 | 08/24 | 0.17 mi | - | 2 | Flat | |
£1,200 | 07/24 | 0.17 mi | Saint Augustines Street, Norwich, NR3 | 2 | Flat | |
£1,050 | 02/25 | 0.18 mi | - | 2 | Terraced House | |
£1,050 | 06/24 | 0.19 mi | Willis Street, Norwich | 2 | Terraced House | |
£950 | 08/24 | 0.19 mi | Willis Street, NORWICH | 2 | Terraced House | |
£1,050 | 06/24 | 0.2 mi | Peacock Street, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£875 | 07/24 | 0.2 mi | Wodehouse Street, Norwich, NR3 | 2 | House | |
£1,100 | 07/24 | 0.2 mi | Wodehouse Street, Norwich, Norfolk, NR3 | 2 | Terraced House | |
£925 | 07/24 | 0.21 mi | St. Augustines Gate, Norwich | 2 | Flat | |
£1,100 | 06/24 | 0.21 mi | St. Martins At Oak Wall Lane, Norwich | 2 | Flat | |
£1,050 | 06/24 | 0.21 mi | St. Martins At Oak Wall Lane, Norwich | 2 | Flat | |
£1,000 | 06/24 | 0.22 mi | - | 2 | Detached House | |
£995 | 06/24 | 0.22 mi | Just Off City Centre | 2 | Flat | |
£1,150 | 06/24 | 0.22 mi | Silver Street, NR3 | 2 | Terraced House | |
£950 | 06/24 | 0.22 mi | Silver Street, Norwich, NR3 | 2 | Terraced House | |
£1,150 | 08/24 | 0.23 mi | Silver Street, Norwich | 2 | Terraced House | |
£1,150 | 09/24 | 0.23 mi | Silver Street, Norwich | 2 | Terraced House | |
£1,050 | 07/24 | 0.23 mi | Spencer Street, Norwich, NR3 | 2 | Terraced House | |
£1,100 | 01/25 | 0.23 mi | - | 2 | Terraced House |
Local Area Statistics
Population in NR3 | 32,67232,672 |
Population in Norwich | 366,887366,887 |
Town centre distance | 0.20 miles away0.20 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.93 miles away0.93 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
Listed for £190,000
March 7, 2025
Floor Plans

Description
- Excellent bus routes offering easy access around Norwich +
- U-shaped kitchen with plenty of storage and workspace +
- Short walk to popular NR3 pubs like The Artichoke and The Stanley +
- Two generous reception rooms perfect for living and entertaining +
- Boarded loft providing extra storage space +
- Modern three-piece bathroom suite with practical layout +
- On-street parking for added convenience and accessibility +
- Convenient location for both Norfolk and Norwich University Hospital and University of East Anglia +
This charming terraced home in Norwich offers affordable living in a well-connected and vibrant setting, just a short walk from popular NR3 pubs like The Artichoke and The Stanley. Perfectly suited for first-time buyers, this property features two spacious reception rooms and a U-shaped kitchen with access to a low-maintenance garden. With excellent transport links, including bus routes and easy access to both the Norfolk and Norwich University Hospital and the University of East Anglia, commuting is effortless. The home also boasts a fully serviced boiler, a three-piece bathroom suite, and a boarded loft for additional storage. On-street parking and friendly neighbours complete the package. The Location Magpie Road is ideally located in a vibrant area of Norwich, offering excellent transport links and amenities. With convenient bus routes nearby, commuting around the city and beyond is a breeze. Access to the Norfolk and Norwich University Hospital and the University of East Anglia is quick and easy, making it a great choice for medical professionals or students. For those who enjoy local culture and socialising, you'll be within walking distance of popular pubs like The Artichoke and The Stanley, both renowned in the NR3 area. The city center is just a short journey away, providing an abundance of cafes, shops, and entertainment options for you to enjoy. Magpie Road This terraced home in Norwich is the perfect find for a first-time buyer, offering both character and practicality. With two spacious reception rooms, this home creates an inviting space for everyday living and entertaining. The warm and cosy atmosphere throughout the property is enhanced by its excellent energy efficiency, making it incredibly cheap to run. The boiler has been fully serviced, giving you peace of mind knowing the home is both functional and reliable. The kitchen is designed in a convenient U-shape, offering plenty of workspace and storage. A single door leads to the rear garden, perfect for those who enjoy a low-maintenance outdoor area. Ideal for hosting a BBQ or simply enjoying a quiet afternoon, the garden is ideal for easy upkeep without sacrificing outdoor enjoyment. Upstairs, the landing connects two well-proportioned rooms, offering flexibility for use as bedrooms or home office space. The bathroom, featuring a three-piece suite, is clean and functional, providing everything you need. The house also benefits from good neighbors and a welcoming community, creating a sense of security. Additional storage is provided by a boarded loft, making it easy to keep your home organised. On-street parking is available, adding convenience to an already practical living situation. This home offers everything a first-time buyer could wish for—affordable, functional, and full of potential. Agents Note Sold Freehold 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.
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