St. Ann Lane, Norwich
MI

St. Ann Lane, Norwich

By Minors & Brady

£ 220,000

Reviews

3 out of 5 stars

Minors & Brady says ..

Guide Price £220,000 - £230,000 CHAIN FREE! A delightful two bedroom apartment with parking and the potential to generate £1,300 pcm. Perfect for first time buyers or investors, this property is presented in turn-key condition with a modern kitchen, spacious lounge, balcony, ensuite, main bathroo...

Property Oracle says ..

This two-bedroom, two-bathroom apartment in St. Ann Lane, Norwich, presents a modern and well-maintained living space. Situated in a convenient city centre location, it benefits from excellent transport links via its close proximity to Norwich train station and various amenities are within easy reach. The apartment showcases a contemporary design, featuring a modern kitchen and bathrooms as shown in the provided photos. However, the significant lack of private outdoor space is a key factor. The property is within walking distance to highly-rated schools which is an undeniable advantage for families or investors looking to rent to families. The list price seems competitive when compared with the limited comparable property data but a thorough survey is still recommended to assess its true market value. Overall, the apartment is suitable for individuals, couples, or those seeking a city centre lifestyle but potential buyers should carefully consider the limited private external space available.

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
7
Location
8
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
889.85

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
171,667.00 £
Decreased by 35.22 %
from 265,001.00 £
Est sale value
242,039.20 £
Increased by 4.21 %
from 232,250.85 £
Average area rental value
1,085.00 £/mo
Decreased by 1.45 %
from 1,101.00 £/mo
Est letting value
889.85 £/mo
Unchanged by 0.00 %
from 889.85 £/mo
Est rental Yield
7.58 %
Increased by 51.90 %
from 4.99 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Minors & Brady marked this listing as sold.

  • Minors & Brady created the listing.

Nearby Schools

NameTypeOfstedDistance
Charles Darwin Primary SchoolFree SchoolsOutstanding0.31 KM
Norwich SchoolOther Independent School0.60 KM
Notre Dame High School, NorwichAcademy Converter0.68 KM
Norwich University Of The ArtsHigher Education Institutions0.79 KM
The Free School NorwichFree SchoolsGood0.88 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Ann Lane £ 235,00000.00 KM
King's Gate £ 000.00 KM
Turners Square £ 000.00 KM
Swan Yard £ 000.00 KM
Three Tuns Court £ 725,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW0.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
St. Ann Lane, Norwich £ 220,000BUY6 / 100.00 KM
Mineral Court, St Ann Lane £ 210,000BUY6 / 100.00 KM
St Ann Lane, Norwich £ 140,000BUY6 / 100.01 KM
King Street, Norwich, Norfolk, NR1 £ 94,000BUY7 / 100.03 KM
St. Ann Lane, Norwich, Norfolk, NR1 £ 60,000BUY5 / 100.04 KM

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AddressPriceDistance
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1 Baltic Wharf £ 400,0000.11 KM
2 Baltic Wharf £ 435,0000.11 KM
16 Baltic Wharf £ 460,0000.11 KM
4 Baltic Wharf £ 435,0000.11 KM