Minors & Brady says ..
*Guide Price £90,000 - £100,000* Offering the potential to generate an approximate 9% yield once fully refurbished, this one-bedroom apartment in NR3 is a fantastic choice for both investors and first-time buyers. Situated in a prime central location, it provides excellent prospects for rental re...
Property Oracle says ..
This one-bedroom flat in Norwich, located on Woodcock Road in Catton Grove, is currently listed for £90,000. The property is situated in a relatively convenient location with a ‘Good’-rated primary school nearby and access to Norwich city centre. However, the condition of the property is a significant factor to consider. The images reveal that the kitchen and bathroom require substantial renovations, which will likely add considerable cost to the purchase. While the living area looks presentable, the overall impression is that this property needs significant work. The property is a flat within a brick building, and doesn’t appear to offer a private garden. Comparatively, other properties in the immediate area are listed at higher prices, often with multiple bedrooms and generally better condition. The £90,000 price reflects the need for renovation and might attract investors aiming for property refurbishment and subsequent rental income. First-time buyers should factor in the substantial refurbishment costs before making an offer.
Therefore, we give this property 4 / 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
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 310.00
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
- 262,778.00 £Increased by 18.64 %
- Est sale value
- 91,140.00 £Increased by 7.69 %
- Average area rental value
- 1,094.00 £/moDecreased by 18.24 %
- Est letting value
- 310.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.00 %Decreased by 31.03 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Minors & Brady created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Catton Grove, Fiddlewood And Mile Cross (Cfm) Children'S Centre | Children's Centre | 0.41 KM | |
| Catton Grove Primary School | Community School | Good | 0.64 KM |
| Hall School | Foundation Special School | Good | 1.02 KM |
| North City Children'S Centre | Children's Centre | 1.02 KM | |
| Angel Road Infant School | Academy Converter | 1.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Middleton Close | £ 0 | 0 | 0.00 KM |
| Palmer Road | £ 0 | 0 | 0.00 KM |
| Blyth Road | £ 325,000 | 0 | 0.00 KM |
| Rectory Court | £ 400,000 | 0 | 0.00 KM |
| Marlow Court | £ 675,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 3.36 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 3A The Grove, Woodcock Road, Norwich, Norfolk NR3 3TN | £ 50,000 | BUY | Unknown | 0.01 KM |
| Lilburne Avenue, Norwich | £ 120,000 | BUY | 6 / 10 | 0.12 KM |
| Lilburne Avenue, NR3 | £ 125,000 | BUY | 6 / 10 | 0.12 KM |
| Lilburne Avenue, Norwich | £ 225,000 | BUY | 7 / 10 | 0.17 KM |
| Old Grove Court, Norwich | £ 400,000 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 52 Lilburne Avenue | £ 133,000 | 0.08 KM |
| 6 Lilburne Avenue | £ 160,000 | 0.08 KM |
| 42 Lilburne Avenue | £ 135,000 | 0.08 KM |
| 26 Lilburne Avenue | £ 85,000 | 0.08 KM |
| 24 Lilburne Avenue | £ 81,500 | 0.08 KM |