Poringland, Norwich, Norfolk, NR14
WI

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 %
from 430,227.00 £
Est sale value
390,065.28 £
Increased by 20.55 %
from 323,576.88 £
Average area rental value
1,125.00 £/mo
Decreased by 11.21 %
from 1,267.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.11 %
Decreased by 11.90 %
from 3.53 %
Crime Rate
30.00 %
Unchanged by 0.00 %
from 30.00 %

Agent Activity

  • Winkworth created the listing.

Nearby Schools

NameTypeOfstedDistance
Poringland Primary SchoolCommunity SchoolGood0.43 KM
Framingham Earl High SchoolAcademy Converter1.44 KM
Brooke Voluntary Controlled Church Of England Primary SchoolVoluntary Controlled SchoolGood4.16 KM
Alpington And Bergh Apton Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolOutstanding4.26 KM
Stoke Holy Cross Primary SchoolCommunity SchoolGood4.71 KM

Images

Rear Aerial View Kitchen Example Living Example

Nearby Streets

NameAverage PriceAverage SqftDistance
Windmill Close £ 000.00 KM
Oak Avenue £ 000.00 KM
Alder Close £ 000.00 KM
Holmes Court £ 000.00 KM
Saint Andrews Close £ 375,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW7.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
Poringland, Norwich, Norfolk, NR14 £ 1,090,000BUY6 / 100.00 KM
Poringland, Norwich, Norfolk, NR14 £ 230,000BUYUnknown0.01 KM
Poringland, Norwich, Norfolk, NR14 £ 220,000BUYUnknown0.01 KM
Poringland, Norwich, Norfolk, NR14 £ 215,000BUYUnknown0.01 KM
Poringland, Norwich, Norfolk, NR14 £ 210,000BUYUnknown0.02 KM

Nearby Properties

AddressPriceDistance
96 The Street £ 119,9500.11 KM
92 The Street £ 157,4750.11 KM
86 The Street £ 185,0000.11 KM
94 The Street £ 119,9500.11 KM
61 The Street £ 311,0000.14 KM