William H. Brown says ..
**GUIDE PRICE £350,000-£375,000 - INVESTMENT OPPORTUNITY** William H Brown are pleased to offer to the market this ready made investment opportunity sold with tenants in situ!
Property Oracle says ..
This five-bedroom, two-bathroom property located on Edgeworth Road in Norwich is marketed as an investment opportunity. Its proximity to the University of East Anglia is a significant advantage, as it ensures high demand from student renters. Several nearby schools also make it suitable for families. However, the provided photos reveal a property that could benefit from some cosmetic improvements and general tidying. The garden is small and somewhat overgrown. The asking price of £350,000 requires careful consideration. While comparable properties are mentioned, the lack of detailed square footage information in the local listing data makes it challenging to determine the property’s true value. Further investigation into rental income, tenant lease details, and potential renovation costs would be necessary for a fully informed investment appraisal. The property offers potential for return, but the current condition and lack of some key financial data prevent a more enthusiastic appraisal. The presence of tenants in-situ increases the immediate return but adds complexity to investment valuation.
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
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 987.00
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
- 265,714.00 £Increased by 17.36 %
- Est sale value
- 356,307.00 £Increased by 28.93 %
- Average area rental value
- 1,105.00 £/moDecreased by 15.71 %
- Est letting value
- 987.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.99 %Decreased by 28.20 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| West Earlham Infant And Nursery School | Community School | Outstanding | 0.19 KM |
| West Earlham Junior School | Community School | Good | 0.19 KM |
| Future Education | Other Independent Special School | Requires improvement | 0.77 KM |
| City Academy Norwich | Academy Sponsor Led | Requires improvement | 0.78 KM |
| Earlham Early Years Centre | Children's Centre | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hanbury Close | £ 0 | 0 | 0.00 KM |
| George Dance Place | £ 0 | 0 | 0.00 KM |
| Jamieson Place | £ 0 | 0 | 0.00 KM |
| Gunton Lane | £ 0 | 0 | 0.00 KM |
| Broomsfield | £ 230,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 7.25 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Edgeworth Road, NORWICH, Norfolk, NR5 | £ 240,000 | BUY | 6 / 10 | 0.00 KM |
| Edgeworth Road, Norwich | £ 270,000 | BUY | 5 / 10 | 0.00 KM |
| Edgeworth Road, Norwich | £ 350,000 | BUY | 5 / 10 | 0.00 KM |
| Edgeworth Road, Norwich | £ 230,000 | BUY | 6 / 10 | 0.07 KM |
| Edgeworth Road, Norwich | £ 290,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Edgeworth Road | £ 235,000 | 0.00 KM |
| 16 Edgeworth Road | £ 335,000 | 0.00 KM |
| 25 Edgeworth Road | £ 143,500 | 0.00 KM |
| 7 Edgeworth Road | £ 187,500 | 0.00 KM |
| 12 Edgeworth Road | £ 225,000 | 0.00 KM |