Lion Wood Road, Norwich
MI

Lion Wood Road, Norwich

By Minors & Brady

£ 230,000

Reviews

3 out of 5 stars

Minors & Brady says ..

Guide Price £230,000 - £240,000. This two-bedroom terraced home is perfect for couples, singles, or small families looking to live close to Norwich’s vibrant city centre while still enjoying nearby green spaces. With off-road parking, this property stands out in the terraced home market, offering...

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom terraced house located on Lion Wood Road in Norwich, Norfolk. It’s listed at £230,000 and has a total area of 711 sqft. The property benefits from a garden.

The property appears to be in good condition based on the provided images. The kitchen has recently been updated with modern cabinets and appliances. The living areas and bedrooms are presented well and appear clean and well maintained. There is no visible evidence of significant repairs or renovations needed.

The location is positive, with nearby schools such as Lionwood Junior School (Good Ofsted rating), Lionwood Infant and Nursery School (Outstanding Ofsted rating), and Heartsease Primary Academy (Outstanding Ofsted rating) all within a short distance. Norwich train station is also relatively close by, providing convenient access to transportation links. The presence of a garden is a desirable feature.

Considering the average price of similar properties in the area (£247,955) and the average price per sqft (£264), the listed price of £230,000 for this 711 sqft property seems reasonable, particularly given its apparent good condition and the presence of a garden. The lower price compared to the area average may be due to the smaller size of the property compared to the average. However, the property’s condition and location offset this to some degree.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
711.00

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
280,714.00 £
Increased by 16.69 %
from 240,560.00 £
Est sale value
250,272.00 £
Increased by 24.82 %
from 200,502.00 £
Average area rental value
1,200.00 £/mo
Increased by 4.08 %
from 1,153.00 £/mo
Est letting value
711.00 £/mo
Unchanged by 0.00 %
from 711.00 £/mo
Est rental Yield
5.13 %
Decreased by 10.78 %
from 5.75 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • Minors & Brady marked this listing as sold.

  • Minors & Brady created the listing.

Nearby Schools

NameTypeOfstedDistance
Lionwood Junior SchoolAcademy ConverterGood0.68 KM
Thorpe Hamlet & Heartsease Children'S CentreChildren's Centre0.68 KM
Lionwood Infant And Nursery SchoolAcademy ConverterOutstanding0.80 KM
Heartsease Primary AcademyAcademy ConverterOutstanding1.06 KM
The Open AcademyAcademy Sponsor LedRequires improvement1.32 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lime Tree Avenue £ 265,00000.00 KM
Harvey Close £ 362,50000.00 KM
Saint Williams Way £ 000.00 KM
Vancouver Road £ 000.00 KM
Orchard Close £ 300,83300.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.98 KM
Salhouse7318SAH8.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lion Wood Road, Norwich £ 230,000BUY7 / 100.00 KM
Newbegin Road, Norwich £ 280,000BUY6 / 100.14 KM
William Mear Gardens, Norwich £ 170,000BUYUnknown0.14 KM
Pilling Park Road, Norwich £ 230,000BUYUnknown0.18 KM
Newbegin Close, Norwich £ 270,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
57 Lion Wood Road £ 186,0000.05 KM
50 Lion Wood Road £ 125,0000.07 KM
73 Lion Wood Road £ 175,0000.07 KM
47 Lion Wood Road £ 158,0000.07 KM
59 Newbegin Road £ 175,0000.14 KM