Old Laundry Court, Norwich
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Old Laundry Court, Norwich

By Pymm & Co

£ 310,000

Reviews

3 out of 5 stars

Pymm & Co says ..

No Onward Chain,Currently let as a Norwich City Licensed HMO professional multi-let, generating a return of £2700 pcm inc bills. 5 Bedrooms, 2 bathrooms & cloakroom.Double Glazing & Gas Central Heating, Integral Single Garage & A Parking Space, Enclosed Courtyard Garden & Communal Landscaped Garden.

Property Oracle says ..

This 5-bedroom, 2-bathroom property located in Norwich’s Wensum area presents a compelling option for both owner-occupiers and investors. The listing highlights its suitability as an HMO (House of Multiple Occupancy), generating a substantial rental income, and the enclosed courtyard garden and communal gardens offer outdoor space. The property’s proximity to several schools, including Wensum Junior School (rated ‘Good’ by Ofsted), is appealing to families. The accessible location, though not fully specified, shows relatively close proximity to Norwich. The photographs showcase an adequately maintained property with a functional, though somewhat dated, kitchen. The list price of £310,000 aligns with comparable properties in the area. However, the absence of crucial details, such as square footage, plot size, and more comprehensive condition descriptions prevents a definitive analysis and limits conclusions about value-for-money. Further information could substantially impact a buyer’s decision.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
5
Bathrooms
2

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
188,750.00 £
Decreased by 28.85 %
from 265,270.00 £
Average area rental value
993.00 £/mo
Decreased by 3.31 %
from 1,027.00 £/mo
Est rental Yield
6.31 %
Increased by 35.70 %
from 4.65 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Pymm & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Nelson Infant SchoolAcademy Sponsor Led0.42 KM
Notre Dame Preparatory School (Norwich) LimitedOther Independent School0.80 KM
Wensum Junior SchoolAcademy Sponsor LedGood0.85 KM
Mile Cross Primary SchoolCommunity SchoolOutstanding1.15 KM
Red Balloon - NorwichOther Independent School1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Arderon Court £ 000.00 KM
Hansard Road £ 252,50000.00 KM
Finchley Court £ 225,00000.00 KM
Hawthorne Row £ 000.00 KM
Burgess Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW3.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
Old Laundry Court, Norwich £ 310,000BUY6 / 100.00 KM
Old Laundry Court, Norwich £ 400,000BUY7 / 100.07 KM
Old Laundry Court, Norwich £ 280,000BUY8 / 100.10 KM
St. Bartholomews Close, Norwich, NR2 £ 525,000BUYUnknown0.14 KM
St. Bartholomews Close, Norwich £ 450,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
18 Old Laundry Court £ 218,0000.01 KM
9 Old Laundry Court £ 410,0000.01 KM
22 Old Laundry Court £ 308,0000.01 KM
15 Old Laundry Court £ 227,0000.01 KM
10 Old Laundry Court £ 225,0000.01 KM