2 Bed Flat, Single Let, Norwich, NR2 1BG, £280,000

Castle House, Norwich, NR2 1BG - 6 months ago

Sold STC
Leasehold
BTL
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£46.3K - £310K
Sold Prices/m²£756/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£183,580

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£925 - £2,500

Rent Estimate

£950

Running Costs/mo

£1,085

Cashflow/mo

£-135

Cashflow/yr

£-1,620

Gross Yield

4%

Local Sold Prices

50 sold prices from £46.3K to £310K, average is £178.8K. £756/m² to £4.2K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£260K11/210.17 mi17, St Martin At Bale Court, Norwich, Norfolk NR1 3DZ2
£195K09/230.24 miFlat 44, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£182K09/210.24 miFlat 33, Dukes Palace Wharf, Duke Street, Norwich, Norfolk NR3 3AT2
£180K10/210.25 mi4, Maidstone Road, Norwich, Norfolk NR1 1EA2
£172.5K11/230.25 mi49, Maidstone Road, Norwich, Norfolk NR1 1EA2
£185K08/230.26 miFlat 19, Morgan House, Rouen Road, Norwich, Norfolk NR1 1QQ2
£310K06/210.27 mi47, Chapel Field East, Norwich, Norfolk NR2 1SF2
£181K03/210.28 miFlat 6, Colman House, Pottergate, Norwich, Norfolk NR2 1DY2
£181K03/210.28 miFlat 6, Colman House, Pottergate, Norwich, Norfolk NR2 1DY2
£236.5K01/230.29 mi10, Roaches Court, Norwich, Norfolk NR3 1HJ2
£150K10/210.3 mi33, Brooke Place, Norwich, Norfolk NR1 3EX2
£165K09/230.31 miFlat 1, Maude Gray Court, St Benedicts Street, Norwich, Norfolk NR2 4PA2
£200K10/230.31 mi23a, Wensum Street, Norwich, Norfolk NR3 1LA2
£218K11/200.32 mi5, Maltsters Yard, Norwich, Norfolk NR1 1RQ2
£180K01/210.32 mi4, Three King Lane, Norwich, Norfolk NR2 1TX2
£217.5K03/210.35 mi7, St Margarets Street, Norwich, Norfolk NR2 4TU2
£150K07/230.39 mi17, Watlings Court, Norwich, Norfolk NR2 1HA2
£180K07/230.39 mi16, Watlings Court, Norwich, Norfolk NR2 1HA2
£168K05/230.39 mi31, Horns Lane, Norwich, Norfolk NR1 3ER2
£180K12/200.41 mi18, Unicorn Yard, Norwich, Norfolk NR3 3AL2
£140K12/200.41 mi25, Fishergate, Norwich, Norfolk NR3 1SE2
£207K01/210.41 mi91, Wellington Lane, Norwich, Norfolk NR2 1HJ2
£128K09/230.41 mi24, Johnson Place, Norwich, Norfolk NR2 2SA2
£190K07/210.44 mi18, St Edmunds Wharf, Norwich, Norfolk NR3 1GU2
£200K10/230.44 miFlat 18, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£205K11/230.44 miFlat 35, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£215K03/230.44 miFlat 3, Royal Arch Court, Earlham Road, Norwich, Norfolk NR2 3RU2
£203K02/230.44 mi18, St Edmunds Wharf, Norwich, Norfolk NR3 1GU2
£180K12/220.45 mi26, Blackfriars Street, Norwich, Norfolk NR3 1SF2
£190K03/230.46 mi29, Wessex Street, Norwich, Norfolk NR2 2TJ2
£92.5K12/220.46 mi17, Wessex Street, Norwich, Norfolk NR2 2TJ2
£200K01/230.46 mi7, Wessex Street, Norwich, Norfolk NR2 2TJ2
£46.3K03/210.46 mi39, Wessex Street, Norwich, Norfolk NR2 2TJ2
£158K08/230.46 mi26, Mariners Lane, Norwich, Norfolk NR1 3AF2
£147.5K10/210.46 mi42, Mariners Lane, Norwich, Norfolk NR1 3AF2
£156.5K08/230.48 mi76, Paragon Place, Norwich, Norfolk NR2 4BP2
£170K11/220.48 mi18, Wessex Street, Norwich, Norfolk NR2 2SP2
£155K11/200.5 mi24, Norfolk Street, Norwich, Norfolk NR2 2SN2
£165K03/230.5 mi66, Paragon Place, Norwich, Norfolk NR2 4BP2
£177K07/230.51 mi27, Kenneth Mckee Plain, Norwich, Norfolk NR2 2TH2
£143K09/210.55 mi11, Golding Place, Norwich, Norfolk NR2 4BD2
£150K12/230.55 mi27, Wherry Road, Norwich, Norfolk NR1 1WS2
£140K01/210.55 mi13, Wherry Road, Norwich, Norfolk NR1 1WS2
£173.5K03/230.55 mi2, Wherry Road, Norwich, Norfolk NR1 1WS2
£199.9K12/200.55 mi8, Woburn Street, Norwich, Norfolk NR2 2RQ2
£165K10/230.57 miFlat 11, Marlborough House, Grove Road, Norwich, Norfolk NR1 3RQ2
£140K07/210.57 mi16, Gordon Square, Norwich, Norfolk NR1 3HJ2
£132.5K07/230.57 mi9, Gordon Square, Norwich, Norfolk NR1 3HJ2
£138K09/210.57 mi23, Gordon Square, Norwich, Norfolk NR1 3HJ2
£177.5K08/230.57 mi6, West Pottergate, Norwich, Norfolk NR2 4BN2

Local Rents

50 rents from £925/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40006/240 miCastle House, Castle Meadow2
£1,40003/240.02 miCastle Meadow, Norwich, NR22
£1,65012/240.05 miCastle Meadow, Norwich2
£1,50006/240.09 miShibleys Court, Norwich, Norfolk2
£2,50012/240.15 mi-2
£1,60003/250.15 mi-2
£1,25006/240.15 miSt Peters House, Cattlemarket Street, Norwich2
£1,45012/240.16 mi-2
£1,60003/240.16 miWestlegate, Norwich2
£97506/240.17 miHardwick House, NR1 1DB2
£1,20012/240.17 mi23 Cattle Market Street, NORWICH2
£1,25012/240.17 miCattle Market Street, NORWICH2
£1,25012/240.17 miKing Street, Norwich2
£1,35012/240.19 miKing Street, Norwich2
£95006/240.19 miRouen Road, Norwich, Norfolk, NR12
£95006/240.19 miRouen Road, Norwich, Norfolk, NR12
£1,20011/240.2 mi-2
£1,50002/250.2 mi-2
£95006/240.2 miEmms Court, Norwich2
£1,25007/240.2 miUpper King Street, NORWICH2
£1,20008/240.2 miUpper King Street, NORWICH2
£1,29503/240.21 miUpper King Street, Norwich, NR32
£1,05006/240.21 miScoles Green, Norwich2
£1,99506/240.22 miGreyfriars Road, Norwich, 2
£1,15005/240.22 mi-2
£1,50006/240.22 miGreyfriars Road, Norwich, NR12
£1,50006/240.22 mi-2
£99506/240.22 miGreyfriars Road, Norwich, Norfolk, NR12
£92506/240.22 miGreyfriars Road, Norwich, Norfolk, NR12
£1,10006/240.22 miSt Cuthberts House, NR3 1FA2
£1,35012/240.23 mi-2
£1,60012/240.23 mi-2
£1,30008/240.23 miSt Giles Street, Norwich2
£1,40006/240.23 mi-2
£1,35006/240.23 miSt Giles Street, Norwich2
£95006/240.23 miTudor Hall, Norwich2
£1,15006/240.24 miSt Giles Street, Norwich2
£1,50003/250.24 mi-2
£1,10006/240.24 miDuke Street, Norwich, Norfolk, NR32
£95008/240.25 miBethel Street, NORWICH2
£1,25002/250.25 mi-2
£1,25003/250.25 mi-2
£1,20008/240.25 miVantage House, NR2 1EY2
£1,30008/240.25 miVantage House, NR2 1EY2
£1,49512/240.25 mi-2
£97506/240.25 miPrince Of Wales Road, Norwich2
£2,25006/240.25 mi-2
£2,25005/240.25 mi-2
£2,20010/240.25 mi-2
£2,20011/240.25 mi-2

Local Area Statistics

Population in NR2

25,782

Population in Norwich

366,887

Town centre distance

0.82 miles away

Nearest school

0.30 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £280,000

October 1, 2024

Floor Plans

Description

  • Located In The Heart Of The City Centre +
  • Stunning Third Floor Apartment +
  • Stunning Views +
  • Two Double Bedrooms +
  • 141" x 136" Lounge With Adjoining Kitchen/Diner +
  • Electric Heating +
  • High Ceilings +
  • En-Suite Shower Room & A Bathroom +

Guide Price £280,000 - £290,000. No Onward Chain. This stunning third floor penthouse apartment, located in the heart of Norwich City centre, offers an exceptional standard of living with its elegant design and prime location. The property features a secure communal entrance hall with intercom entry, providing both lift and staircase access to the apartment. Upon entering, you are greeted by a spacious entrance hall that leads to a generously proportioned lounge, measuring 14`1" x 13`6", where large aluminium double glazed windows offer breathtaking views of the City`s historic castle and roof top views to the rear. The adjoining kitchen/dining area is well appointed with modern fittings, creating a seamless space for entertaining and dining. The apartment boasts two double bedrooms, with the principal bedroom benefiting from an en-suite shower room for added privacy and comfort. A further good sized bathroom, finished to the same high standard, serves the rest of the apartment. Additionally, a utility cupboard provides space for a washing machine and storage ensuring convenience in daily living. The property features electric heating and high ceilings throughout, adding to the sense of space and luxury. Finished to an impeccable standard, this penthouse apartment combines modern living with stunning city views. Early viewing is highly recommended to appreciate the quality and location of this exceptional property.

This luxurious penthouse apartment is situated in the heart of the City on Castle Mall, offering an unbeatable location just steps away from all the city`s fantastic amenities. A vast selection of pubs, restaurants, and charming cafés are right at your doorstep, along with boutique shops and major shopping malls. The street is lined with convenient bus stops, providing easy access to numerous destinations, while the main bus station and train station are both within a short walking distance. Whether you`re looking to explore the vibrant nightlife, indulge in some retail therapy, or simply enjoy the City`s best dining spots, this penthouse places you at the centre of it all.

Communal entrance doors with secure intercom entry

Ground Floor Lobby
Lift and staircase to the third floor, inner lobby and front door to:-

Entrance Hall
Doors to all rooms.

Utility/Storage Cupboard
Hot water tank, space for a washing machine, air vac air purifying unit.

Bedroom 1 - 14'6" (4.42m) x 13'9" (4.19m)
Double glazed aluminium window to the rear with rooftop views, door to:-

En-Suite
Double shower cubicle, wash basin, low level WC, tiled splashbacks, shaver socket, extractor fan, electric towel radiator.

Bedroom 2 - 13'3" (4.04m) x 9'7" (2.92m)
Double glazed aluminium window to the rear with rooftop views.

Bathroom - 8'5" (2.57m) x 8'5" (2.57m)
Panelled bath with mixer shower over, shower screen, low level WC, wash basin, tiled splashbacks, shaver socket, electric towel radiator.

Lounge - 14'1" (4.29m) x 13'6" (4.11m) Plus Recess
Double glazed aluminium window to the side with stunning views towards the castle, double glazed aluminium window to the rear with rooftop views, opening to:-

Kitchen/Diner - 12'0" (3.66m) x 8'1" (2.46m)
Fitted with a quality range of base and wall units, work surfaces, inset one and a half bowl sink and drainer with mixer taps over, electric hob with extractor over, electric oven and grill, integrated dishwasher, space for a fridge/freezer.

Agents Note
There is no parking with the apartment, however, the current vendors have an annual permit at Rose Lane multi storey car park. There are other City car parks which also provide the same service.

Notice
Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose. Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.

Agent Details

Pymm & Co, Norwich

01603 361642

Next Steps?

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