Gurney Road, New Costessey, Norwich
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Gurney Road, New Costessey, Norwich

By AbbotFox

£ 600,000

Reviews

2 out of 5 stars

AbbotFox says ..

abbotFox Land & New Homes presents this prime development opportunity in Costessey that comes with approved planning permission for the construction of three additional properties on-site. Also included in the offering is a detached chalet bungalow that presents a refurbishment opportunity, makin...

Property Oracle says ..

This property in New Costessey, Norwich, presents a unique opportunity for a buyer willing to undertake a substantial renovation project. The three-bedroom chalet bungalow sits on a plot with a substantial garden. The property is in need of considerable modernisation; the interior shows dated fittings, and the garden is in need of landscaping. The location is favourable, with nearby schools and amenities. However, the lack of provided data on square footage and the absence of detail on transport links makes a definitive assessment of the property’s value challenging. The asking price, while higher than some nearby properties, might be justified by the sizable plot of land and potential for expansion, subject to planning permissions. Potential buyers should factor in significant renovation costs and engage a qualified surveyor to assess both the property’s structural condition and market value more accurately before making an offer. The lack of information on the square footage and plot size hinders a full and thorough valuation of the property. Access to a train station isn’t stated in the information and would be a beneficial piece of data in forming a conclusive analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1

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
289,300.00 £
Decreased by 12.05 %
from 328,936.00 £
Average area rental value
1,300.00 £/mo
Increased by 59.31 %
from 816.00 £/mo
Est rental Yield
5.39 %
Increased by 80.87 %
from 2.98 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • AbbotFox marked this listing as sold.

  • AbbotFox created the listing.

Nearby Schools

NameTypeOfstedDistance
Banks House SchoolOther Independent Special School0.68 KM
Clover Hill Va Infant And Nursery SchoolVoluntary Aided SchoolOutstanding0.78 KM
Bowthorpe West Earlham And Costessey Sure Start Children'S CentreChildren's Centre0.87 KM
Costessey Primary SchoolAcademy ConverterGood0.96 KM
Valley Primary AcademyAcademy Sponsor LedRequires improvement1.50 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Gurney Court £ 000.00 KM
Morris Close £ 225,00000.00 KM
West Close £ 000.00 KM
West Road £ 443,75000.00 KM
Three Mile Lane £ 430,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW8.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gurney Road, New Costessey, Norwich £ 600,000BUY5 / 100.00 KM
Ashtree Road, Costessey, Norwich £ 350,000BUY6 / 100.15 KM
Grove Avenue, New Costessey £ 475,000BUY7 / 100.15 KM
Gurney Road, New Costessey, Norwich £ 325,000BUY6 / 100.16 KM
Ashtree Road, New Costessey £ 400,000BUYUnknown0.17 KM

Nearby Properties

AddressPriceDistance
38 Gurney Road £ 210,0000.06 KM
47 Gurney Road £ 193,0000.06 KM
49 Gurney Road £ 182,0000.06 KM
36 Gurney Road £ 225,0000.06 KM
St Helens House £ 374,0000.06 KM