Minors & Brady says ..
Positioned in the highly desirable Golden Triangle area of Norwich, this property in Mill Hill Road represents a lucrative investment opportunity in the form of a meticulously converted block of apartments consisting of 4 self-contained one-bedroom flats. Each flat has been fully refurbished and ...
Property Oracle says ..
This property is a block of apartments located on Mill Hill Road in Norwich. The location benefits from being relatively close to several schools, including The Parkside School (Outstanding Ofsted rating) and Avenue Junior School (Good Ofsted rating). Norwich city centre is also within a reasonable distance. The property itself appears to be undergoing renovation or is newly renovated. The images show a mix of completed and unfinished work, including a new kitchen and bathroom. The property has a small amount of land. The list price of £675,000 seems high considering the average price of similar properties in the area is considerably lower. The average price per square foot in the area is £331, and this property is listed at a significantly higher price per square foot. However, the lack of sqft information for nearby listings makes a definitive comparison difficult. The relatively small size of the apartment (254 sqft) and the ongoing renovation work should be taken into consideration when evaluating the price.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 254.00
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
- 222,288.00 £Decreased by 15.84 %
- Est sale value
- 62,738.00 £Decreased by 4.63 %
- Average area rental value
- 1,121.00 £/moIncreased by 10.01 %
- Est letting value
- 254.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.05 %Increased by 30.67 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Minors & Brady created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Red Balloon - Norwich | Other Independent School | 0.31 KM | |
| Notre Dame Preparatory School (Norwich) Limited | Other Independent School | 0.56 KM | |
| Avenue Junior School | Community School | Good | 0.74 KM |
| City And Eaton Children'S Centre | Children's Centre | 0.76 KM | |
| The Parkside School, Norwich | Foundation Special School | Outstanding | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chester Place | £ 1,250,000 | 0 | 0.00 KM |
| The Elms | £ 0 | 0 | 0.00 KM |
| Havelock Road | £ 250,000 | 0 | 0.00 KM |
| Hawthorne Row | £ 0 | 0 | 0.00 KM |
| Earlham Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 3.14 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mill Hill Road, Norwich | £ 675,000 | BUY | 4 / 10 | 0.00 KM |
| Mill Hill Road, Norwich, NR2 | £ 750,000 | BUY | 7 / 10 | 0.05 KM |
| Mill Hill Road, Norwich, NR2 | £ 875,000 | BUY | 7 / 10 | 0.08 KM |
| Earlham Road, Norwich, Norfolk | £ 200,000 | BUY | 6 / 10 | 0.17 KM |
| Mill Hill Road, Norwich | £ 100,000 | BUY | 5 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1b Mill Hill Road | £ 249,000 | 0.01 KM |
| 2 Mill Hill Road | £ 725,000 | 0.01 KM |
| 42 Mill Hill Road | £ 485,000 | 0.01 KM |
| 46 Mill Hill Road | £ 462,000 | 0.01 KM |
| 14 Mill Hill Road | £ 750,000 | 0.01 KM |