Paper Mill Yard, Norwich
MI

Paper Mill Yard, Norwich

By Minors & Brady

£ 150,000

Reviews

3 out of 5 stars

Minors & Brady says ..

Within the vibrant and historic Cathedral City of Norwich, this chain-free flat presents an exceptional opportunity for those seeking a perfect first home or investment purchase. With its modern design, stunning views, secure parking and prime location, it is a residence that encapsulates the ver...

Property Oracle says ..

This property is a one-bedroom flat located in the Lakenham area of Norwich, Norfolk. The flat is part of a modern development situated on the River Wensum. The property benefits from allocated parking and is within proximity to several primary and secondary schools, as well as Norwich city centre. The internal photos show a modern and well-maintained property which is in excellent condition. The flat is 601 sqft, which is smaller than the average for the area (765 sqft). The list price is £150,000, which is significantly lower than the average price of £250,893 for the area. However, comparable properties in the area are listed at a higher price, suggesting the list price may be undervalued. The property is in excellent condition and has allocated parking. There is a small communal garden area.

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
10
Location
8
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
601.00
Lot (est)
601.00

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
191,118.00 £
Increased by 16.48 %
from 164,073.00 £
Average area rental value
1,063.00 £/mo
Increased by 3.30 %
from 1,029.00 £/mo
Est letting value
601.00 £/mo
Unchanged by 0.00 %
from 601.00 £/mo
Est rental Yield
4.46 %
Decreased by 14.07 %
from 5.19 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Minors & Brady created the listing.

Nearby Schools

NameTypeOfstedDistance
Lakenham Primary SchoolFoundation SchoolGood0.93 KM
Charles Darwin Primary SchoolFree SchoolsOutstanding0.96 KM
Norwich Steiner SchoolOther Independent SchoolGood0.99 KM
Notre Dame High School, NorwichAcademy Converter1.19 KM
Norwich SchoolOther Independent School1.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Winkles Row £ 000.00 KM
Broom Close £ 000.00 KM
Old School Court £ 180,00000.00 KM
Argyle Street £ 135,00000.00 KM
King's Gate £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW0.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
34 Blue Mill, Paper Mill Yard, Norwich, Norfolk NR1 2GG £ 90,000BUY6 / 100.00 KM
Paper Mill Yard, Norwich £ 150,000BUY6 / 100.00 KM
Paper Mill Yard, Norwich £ 150,000BUY7 / 100.00 KM
Paper Mill Yard, Norwich, NR1 £ 180,000BUY6 / 100.00 KM
34 Blue Mill, Paper Mill Yard, Norwich, Norfolk NR1 2GG £ 75,000BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
290 King Street £ 255,0000.10 KM
280 King Street £ 340,0000.10 KM
274 King Street £ 43,0000.10 KM
254 King Street £ 165,0000.10 KM
29 Carrow Hill £ 365,0000.11 KM