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
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Metrics Year-on-Year
- Average area value
- 188,750.00 £Decreased by 28.85 %
- Average area rental value
- 993.00 £/moDecreased by 3.31 %
- Est rental Yield
- 6.31 %Increased by 35.70 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Pymm & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Nelson Infant School | Academy Sponsor Led | 0.42 KM | |
| Notre Dame Preparatory School (Norwich) Limited | Other Independent School | 0.80 KM | |
| Wensum Junior School | Academy Sponsor Led | Good | 0.85 KM |
| Mile Cross Primary School | Community School | Outstanding | 1.15 KM |
| Red Balloon - Norwich | Other Independent School | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Arderon Court | £ 0 | 0 | 0.00 KM |
| Hansard Road | £ 252,500 | 0 | 0.00 KM |
| Finchley Court | £ 225,000 | 0 | 0.00 KM |
| Hawthorne Row | £ 0 | 0 | 0.00 KM |
| Burgess Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 3.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Old Laundry Court, Norwich | £ 310,000 | BUY | 6 / 10 | 0.00 KM |
| Old Laundry Court, Norwich | £ 400,000 | BUY | 7 / 10 | 0.07 KM |
| Old Laundry Court, Norwich | £ 280,000 | BUY | 8 / 10 | 0.10 KM |
| St. Bartholomews Close, Norwich, NR2 | £ 525,000 | BUY | Unknown | 0.14 KM |
| St. Bartholomews Close, Norwich | £ 450,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Old Laundry Court | £ 218,000 | 0.01 KM |
| 9 Old Laundry Court | £ 410,000 | 0.01 KM |
| 22 Old Laundry Court | £ 308,000 | 0.01 KM |
| 15 Old Laundry Court | £ 227,000 | 0.01 KM |
| 10 Old Laundry Court | £ 225,000 | 0.01 KM |