Springbank, Norwich
Gilson Bailey logo

Springbank, Norwich

By Gilson Bailey

£ 110,000

Reviews

2 out of 5 stars

Gilson Bailey says ..

**GUIDE PRICE £110,000 - £115,000 SPACIOUS FIRST FLOOR FLAT WITH LOVELY VIEWS** Gilson Bailey are delighted to offer this WELL PRESENTED, ONE BEDROOM, FIRST FLOOR FLAT situated to the south of Norwich. Accommodation comprising entrance hall, lounge, kitchen, bedroom and bathroom. Outside there ar...

Property Oracle says ..

This property is a 1-bedroom flat located in Lakenham, Norwich. The property benefits from being close to several schools, including Edith Cavell Academy and Lakenham Primary School, both rated as ‘Good’ by Ofsted. Norwich city centre is also within reasonable distance. The flat itself appears to be in reasonable condition, although some modernisation might enhance its appeal. The kitchen and bathroom seem functional but could benefit from updating. The property lacks a significant plot size, which is common for flats in this area. Considering comparable properties in the area, the list price of £110,000 appears to be in line with the market, perhaps slightly on the lower end given the average price in the area. However, the lack of plot size and potential need for some modernisation should be considered.

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)
690.00

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
286,250.00 £
Increased by 20.30 %
from 237,951.00 £
Est sale value
219,420.00 £
Increased by 16.48 %
from 188,370.00 £
Average area rental value
1,063.00 £/mo
Increased by 3.30 %
from 1,029.00 £/mo
Est letting value
690.00 £/mo
Unchanged by 0.00 %
from 690.00 £/mo
Est rental Yield
4.46 %
Decreased by 14.07 %
from 5.19 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Gilson Bailey created the listing.

Nearby Schools

NameTypeOfstedDistance
East City And Framingham Earl Area Children'S CentreChildren's Centre0.39 KM
Edith Cavell Academy And NurseryAcademy Sponsor LedGood0.45 KM
Lakenham Primary SchoolFoundation SchoolGood0.55 KM
Norwich Steiner SchoolOther Independent SchoolGood0.61 KM
The Wherry SchoolFree Schools Special0.77 KM

Images

IMG_3624-2.jpg IMG_3616-2.jpg IMG_3621-2.jpg IMG_3609-2.jpg IMG_3604-2.jpg IMG_3614-2.jpg IMG_3611-2.jpg IMG_3623-2.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Johns Close £ 000.00 KM
Mill Close £ 155,00000.00 KM
Kings Lane £ 170,00000.00 KM
Broom Close £ 000.00 KM
Old School Court £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
Springbank, Lakenham £ 140,000BUY6 / 100.00 KM
Springbank, Norwich £ 110,000BUY5 / 100.00 KM
Springbank, Norwich £ 130,000BUY6 / 100.03 KM
Birkbeck Road, Lakenham, Norwich, Norfolk, NR1 £ 180,000BUY5 / 100.06 KM
Birkbeck Road, Norwich £ 250,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
73 Springbank £ 75,0000.01 KM
5 Springbank £ 103,0000.01 KM
53 Springbank £ 56,0000.01 KM
69 Springbank £ 75,0000.01 KM
27 Springbank £ 95,0000.01 KM