East Bank, Norwich
Gilson Bailey logo

East Bank, Norwich

By Gilson Bailey

£ 175,000

Reviews

2 out of 5 stars

Gilson Bailey says ..

**RIVER VIEWS AND NO ONWARD CHAIN** Gilson Bailey are delighted to offer this LARGER-THAN-AVERAGE, TWO BEDROOM, TOP FLOOR APARTMENT boasting STUNNING RIVER VIEWS in the riverside development to the south/east of Norwich. Accommodation comprising secure intercom entry, entrance hall, bathroom, ope...

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Norwich’s Thorpe Hamlet offers a convenient city-centre location close to the train station. The property enjoys views of the River Wensum. Based on the photographs, the interior is presented neatly and in good condition, although potential buyers might consider some minor updating. The kitchen and bathrooms appear functional and clean. The property has the significant benefit of being close to well-regarded schools, including the Outstanding rated Charles Darwin Primary School, making it attractive for families. However, information on local amenities and shops outside of the immediate riverside area is limited. A significant drawback is the lack of private outdoor space; it is a flat with no garden or significant land associated with it. The listed price of £175,000 appears reasonable when comparing it to similar properties in the area, although without information on the specifics of service charges and leasehold terms it is difficult to give a more definitive evaluation. Potential buyers should seek clarification on these important points and consider a full survey before making an offer.

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
2
Sqft (est)
764.60

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
188,846.00 £
Decreased by 27.50 %
from 260,480.00 £
Est sale value
223,263.20 £
Decreased by 6.11 %
from 237,790.60 £
Average area rental value
1,159.00 £/mo
Increased by 8.93 %
from 1,064.00 £/mo
Est letting value
764.60 £/mo
Unchanged by 0.00 %
from 764.60 £/mo
Est rental Yield
7.36 %
Increased by 50.20 %
from 4.90 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Gilson Bailey created the listing.

Nearby Schools

NameTypeOfstedDistance
Charles Darwin Primary SchoolFree SchoolsOutstanding0.53 KM
Notre Dame High School, NorwichAcademy Converter0.94 KM
Norwich SchoolOther Independent School1.00 KM
Norwich Steiner SchoolOther Independent SchoolGood1.02 KM
Lakenham Primary SchoolFoundation SchoolGood1.02 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Argyle Street £ 135,00000.00 KM
Winkles Row £ 000.00 KM
Saint Ann Lane £ 235,00000.00 KM
King's Gate £ 000.00 KM
Old School Court £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW0.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wherry Road, Norwich £ 165,000BUY5 / 100.00 KM
16 Wherry Road, Norwich, Norfolk, NR1 £ 75,000BUY6 / 100.00 KM
Wherry Road, Norwich £ 140,000BUY5 / 100.00 KM
Wherry Road, Norwich £ 180,000BUY5 / 100.00 KM
East Bank, Norwich £ 175,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
40 Wherry Road £ 380,0000.01 KM
31 Wherry Road £ 110,0000.01 KM
13 Wherry Road £ 140,0000.01 KM
39 Wherry Road £ 375,0000.01 KM
21 Wherry Road £ 76,0000.01 KM