Poringland, Norwich, Norfolk, NR14
By Winkworth
£ 1,090,000
Reviews
3 out of 5 stars
Winkworth says ..
*Investors Dream* Introducing a rare and unique opportunity to purchase a block of 5 apartments that will be ready to let immediately. These brand new apartments will come fully equipped with bespoke kitchens and bathrooms, plus parking for each property. Introducing 'The Oaks', a col...
Property Oracle says ..
This property listing presents a unique opportunity in the Poringland, Norwich area. The listing details a block of five apartments, which are ready to let. The images depict modern and well-appointed interiors that convey a high level of build quality. The location in Poringland offers convenience with good access to Norwich and nearby primary schools, while maintaining a more tranquil village setting. However, the absence of specific details regarding plot size and individual apartment sizes creates uncertainty. The overall listing price of £1,090,000 needs further contextualization concerning the size and layout of each apartment to assess if the property represents good value for money. Further research would be beneficial to ascertain the specific financial returns to be expected from renting the individual apartments; this is critical to assess the listing price, particularly within the context of the current economic climate. Without a detailed floorplan and specifications for each unit, it is challenging to provide a fully comprehensive analysis. The lack of outdoor space is a point to note for potential buyers. Overall, the property is likely to appeal to investors seeking rental income, although thorough due diligence regarding rental market conditions, cost to rent, and maintenance is essential. The image quality suggests an investment focused marketing campaign that is somewhat limited in its explicit details.
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
- 6
- Condition
- 9
- Location
- 7
- Land
- 2
- Bedrooms
- 11
- Bathrooms
- 5
- Sqft (est)
- 1,108.14
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
- 433,750.00 £Increased by 0.82 %
- Est sale value
- 390,065.28 £Increased by 20.55 %
- Average area rental value
- 1,125.00 £/moDecreased by 11.21 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.11 %Decreased by 11.90 %
- Crime Rate
- 30.00 %Unchanged by 0.00 %
Agent Activity
Winkworth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Poringland Primary School | Community School | Good | 0.43 KM |
| Framingham Earl High School | Academy Converter | 1.44 KM | |
| Brooke Voluntary Controlled Church Of England Primary School | Voluntary Controlled School | Good | 4.16 KM |
| Alpington And Bergh Apton Church Of England Voluntary Aided Primary School | Voluntary Aided School | Outstanding | 4.26 KM |
| Stoke Holy Cross Primary School | Community School | Good | 4.71 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Windmill Close | £ 0 | 0 | 0.00 KM |
| Oak Avenue | £ 0 | 0 | 0.00 KM |
| Alder Close | £ 0 | 0 | 0.00 KM |
| Holmes Court | £ 0 | 0 | 0.00 KM |
| Saint Andrews Close | £ 375,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 7.66 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Poringland, Norwich, Norfolk, NR14 | £ 1,090,000 | BUY | 6 / 10 | 0.00 KM |
| Poringland, Norwich, Norfolk, NR14 | £ 230,000 | BUY | Unknown | 0.01 KM |
| Poringland, Norwich, Norfolk, NR14 | £ 220,000 | BUY | Unknown | 0.01 KM |
| Poringland, Norwich, Norfolk, NR14 | £ 215,000 | BUY | Unknown | 0.01 KM |
| Poringland, Norwich, Norfolk, NR14 | £ 210,000 | BUY | Unknown | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 96 The Street | £ 119,950 | 0.11 KM |
| 92 The Street | £ 157,475 | 0.11 KM |
| 86 The Street | £ 185,000 | 0.11 KM |
| 94 The Street | £ 119,950 | 0.11 KM |
| 61 The Street | £ 311,000 | 0.14 KM |