Paper Mill Yard, Norwich
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Paper Mill Yard, Norwich

By Pymm & Co

£ 155,000

Reviews

2 out of 5 stars

Pymm & Co says ..

No Onward Chain, A One Bedroom Second Floor Apartment In A Modern Development, Double Glazing, Electric Underfloor Heating, Communal Grounds That Extend Down To The River, One Allocated Parking Space Within The Secure Car Park, Close To The City Centre & Riverside Complex,

Property Oracle says ..

This one-bedroom apartment in Paper Mill Yard, Norwich, presents a promising opportunity for first-time buyers or investors seeking a city-centre location. The property’s proximity to Norwich’s vibrant amenities, including the River Wensum and Norwich Train Station, is a significant advantage. Several well-regarded primary schools are within walking distance. The apartment’s interior shows a functional layout, but some aspects could benefit from updates. The kitchen appears to be adequately equipped, however, a modern update may be desirable. While the overall condition is acceptable, a fresh coat of paint and possible upgrade of some fixtures could improve its appeal. The lack of private outdoor space is a notable point to consider, though communal grounds offer some shared outdoor access. The price is competitive considering the location and similar properties in the area, although the lack of comparable property data prevents a definitive assessment on value. However, in comparison to other properties in the area, this property seems to represent good value for money. The absence of square footage information for comparable properties somewhat limits a precise valuation. Potential buyers should factor in the need for potential minor cosmetic updates and consider the absence of private outdoor space to fully assess the property’s suitability for their needs.

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
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
423.02

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
286,250.00 £
Increased by 20.30 %
from 237,951.00 £
Est sale value
134,520.36 £
Increased by 16.48 %
from 115,484.46 £
Average area rental value
1,063.00 £/mo
Increased by 3.30 %
from 1,029.00 £/mo
Est letting value
423.02 £/mo
Unchanged by 0.00 %
from 423.02 £/mo
Est rental Yield
4.46 %
Decreased by 14.07 %
from 5.19 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Pymm & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Charles Darwin Primary SchoolFree SchoolsOutstanding0.94 KM
Lakenham Primary SchoolFoundation SchoolGood0.99 KM
Norwich Steiner SchoolOther Independent SchoolGood1.05 KM
Notre Dame High School, NorwichAcademy Converter1.23 KM
Norwich SchoolOther Independent School1.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Winkles Row £ 000.00 KM
Argyle Street £ 135,00000.00 KM
Old School Court £ 180,00000.00 KM
Broom Close £ 000.00 KM
Marlborough Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW0.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Granary View, Paper Mill Yard, Norwich, Norfolk £ 200,000BUY6 / 100.00 KM
Paper Mill Yard, Norwich £ 155,000BUY5 / 100.00 KM
Paper Mill Yard, Norwich, Norfolk £ 180,000BUYUnknown0.00 KM
Granary View, Norwich £ 225,000BUY5 / 100.01 KM
Paper Mill Yard, Norwich £ 180,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
280 King Street £ 340,0000.16 KM
274 King Street £ 43,0000.16 KM
254 King Street £ 165,0000.16 KM
290 King Street £ 255,0000.16 KM
29 Carrow Hill £ 365,0000.17 KM