Norwich, Norfolk
WA

Norwich, Norfolk

By Watsons

£ 160,000

Reviews

2 out of 5 stars

Watsons says ..

INVESTMENT OPPORTUNITY with tenant in situ: Ground floor apartment situated at the heart of Norwich city centre, located close to Castle Mall and John Lewis, and within walking distance of Norwich Station.

Property Oracle says ..

This two-bedroom, one-bathroom apartment in Norwich’s Mancroft area presents a city-center living option. Its location is a key selling point, offering convenient access to Norwich Train Station (0.83km) and a range of amenities, including several schools within a kilometer radius, such as Charles Darwin Primary School (rated Outstanding). The apartment’s interior, as depicted in the photographs, is functional but shows its age; a refresh of the decor would modernize the space. The lack of outdoor space is expected given the city-center location. The provided photographs offer a fair representation of the property’s condition and layout. However, crucial information like the apartment’s exact floor plan and exact location within the building is missing, which hinders a thorough assessment. The price point of £160,000 requires further investigation concerning comparable apartment sales in Norwich’s city center to determine if it represents strong value. More specific details on the size of the apartment in square footage are needed to confirm the list price, along with details on parking.

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
2
Bathrooms
1
Sqft (est)
775.00

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
171,667.00 £
Decreased by 35.22 %
from 265,001.00 £
Est sale value
210,800.00 £
Increased by 4.21 %
from 202,275.00 £
Average area rental value
1,085.00 £/mo
Decreased by 1.45 %
from 1,101.00 £/mo
Est letting value
775.00 £/mo
Unchanged by 0.00 %
from 775.00 £/mo
Est rental Yield
7.58 %
Increased by 51.90 %
from 4.99 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Watsons created the listing.

Nearby Schools

NameTypeOfstedDistance
Notre Dame High School, NorwichAcademy Converter0.45 KM
Charles Darwin Primary SchoolFree SchoolsOutstanding0.54 KM
Norwich SchoolOther Independent School0.57 KM
The Free School NorwichFree SchoolsGood0.61 KM
Norwich University Of The ArtsHigher Education Institutions0.63 KM

Images

Bathroom Rouen Road Entran... Reception Hall Communal Lobby Fitted Kitchen Living Room View Living Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Swan Yard £ 000.00 KM
Saint Martin at Bale Court £ 400,00000.00 KM
King's Gate £ 000.00 KM
Three Tuns Court £ 725,00000.00 KM
Turners Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW0.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norwich, Norfolk £ 160,000BUY5 / 100.00 KM
Morgan House, Norwich £ 150,000BUY6 / 100.01 KM
Morgan House, Norwich £ 150,000BUY6 / 100.01 KM
Morgan House, Norwich £ 170,000BUYUnknown0.01 KM
Morgan House Rouen Road, Norwich £ 160,000BUY7 / 100.02 KM

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22 Paradise Place £ 105,0000.09 KM