55 Newbegin Close, Norwich, Norfolk NR1 4PU
By Auction House
£ 120,000
Reviews
2 out of 5 stars
Auction House says ..
SOLD AT AUCTION FOR £146,000
Property Oracle says ..
This three-bedroom terraced house located at 55 Newbegin Close, Norwich, is presented for sale. The property’s location in Crome offers several advantages, including proximity to well-regarded primary and infant schools and convenient access to Norwich city centre. However, the property’s condition is a major concern. The photographs reveal significant wear and tear, outdated interiors, and a general need for modernisation. The kitchen, bathroom, and living areas all show signs of age and disrepair. Mold is evident in at least one area. The garden is present but requires significant work and landscaping. Although the list price of £120,000 is below the average of similar properties noted in nearby streets, the extensive refurbishment required must be factored in. A previous auction sale indicates a higher value, but auction prices can be influenced by various factors and may not represent typical market value for a directly comparable property. Potential buyers should budget significantly for renovation costs. While the location is a positive attribute, the property’s overall condition suggests it is a project property requiring substantial investment before it is habitable. The property would appeal most to buyers looking for a fixer-upper with renovation experience or the resources to hire contractors for a complete refurbishment.
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
- 4
- Location
- 6
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 0
- Sqft (est)
- 732.00
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 %
- Est sale value
- 257,664.00 £Increased by 24.82 %
- Average area rental value
- 1,200.00 £/moIncreased by 4.08 %
- Est letting value
- 732.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.13 %Decreased by 10.78 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Auction House marked this listing as sold.
Auction House created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lionwood Junior School | Academy Converter | Good | 0.79 KM |
| Thorpe Hamlet & Heartsease Children'S Centre | Children's Centre | 0.79 KM | |
| Lionwood Infant And Nursery School | Academy Converter | Outstanding | 0.94 KM |
| Heartsease Primary Academy | Academy Converter | Outstanding | 0.94 KM |
| The Open Academy | Academy Sponsor Led | Requires improvement | 1.23 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lime Tree Avenue | £ 265,000 | 0 | 0.00 KM |
| Harvey Close | £ 362,500 | 0 | 0.00 KM |
| Saint Williams Way | £ 0 | 0 | 0.00 KM |
| Vancouver Road | £ 0 | 0 | 0.00 KM |
| Orchard Close | £ 300,833 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 2.10 KM |
| Salhouse | 7318 | SAH | 8.73 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Newbegin Close, Norwich | £ 270,000 | BUY | 7 / 10 | 0.09 KM |
| Newbegin Close, Norwich | £ 300,000 | BUY | 7 / 10 | 0.12 KM |
| Lion Wood Road, Norwich | £ 230,000 | BUY | 7 / 10 | 0.13 KM |
| Pilling Park Road, Norwich | £ 230,000 | BUY | Unknown | 0.16 KM |
| Supple Close, Norwich | £ 190,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 57 Lion Wood Road | £ 186,000 | 0.10 KM |
| 50 Lion Wood Road | £ 125,000 | 0.10 KM |
| 73 Lion Wood Road | £ 175,000 | 0.10 KM |
| 47 Lion Wood Road | £ 158,000 | 0.10 KM |
| 2 Cubitt Road | £ 165,000 | 0.11 KM |