Allison Bank, Norwich
PY

Allison Bank, Norwich

By Pymm & Co

£ 125,000

Reviews

3 out of 5 stars

Pymm & Co says ..

Seventh Floor Studio Apartment, Perfect For The First Time Buyer or Buy To Let Investor, Spacious Living Area Incorporating The Kitchen With An Adjoining Bedroom, Shower Room, Electric Underfloor Heating, Double Glazing, Good Size Balcony Giving Fantastic Views, Close To A Wealth Of Amenities.

Property Oracle says ..

The property is a 1-bedroom apartment located in Thorpe Hamlet, Norwich. It is situated close to Norwich City Football Club and benefits from views of the stadium. The apartment itself appears modern and well-maintained, with a contemporary kitchen and bathroom. The images show a small balcony, offering some outdoor space.

The location is reasonably good, with several primary schools within a short distance, all with good Ofsted ratings. Norwich city centre is also relatively close, providing easy access to amenities and transport links. However, the lack of plot size suggests minimal private outdoor space.

Based on the images, the apartment seems to be in excellent condition, requiring no immediate repairs or renovations. The modern design and fixtures contribute to this assessment.

Given the average price per square foot in the area is £306, and this apartment is 440.42 sqft, a fair market value might be around £134,600. The listed price of £125,000 is therefore slightly below the estimated market value, making it potentially good value for money, especially considering its modern condition and convenient location. However, the absence of plot size is a significant factor.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
440.42

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
128,602.64 £
Decreased by 6.11 %
from 136,970.62 £
Average area rental value
1,159.00 £/mo
Increased by 8.93 %
from 1,064.00 £/mo
Est letting value
440.42 £/mo
Unchanged by 0.00 %
from 440.42 £/mo
Est rental Yield
7.36 %
Increased by 50.20 %
from 4.90 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Pymm & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Charles Darwin Primary SchoolFree SchoolsOutstanding0.97 KM
Lakenham Primary SchoolFoundation SchoolGood1.13 KM
Norwich Steiner SchoolOther Independent SchoolGood1.19 KM
Lionwood Infant And Nursery SchoolAcademy ConverterOutstanding1.33 KM
Notre Dame High School, NorwichAcademy Converter1.35 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Winkles Row £ 000.00 KM
Argyle Street £ 135,00000.00 KM
Broom Close £ 000.00 KM
Old School Court £ 180,00000.00 KM
Marlborough Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW0.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Allison Bank, Norwich £ 125,000BUY6 / 100.00 KM
Allison Bank, Norwich £ 100,000BUY6 / 100.00 KM
Geoffrey Watling Way, Norwich, Norfolk, NR1 £ 200,000BUY7 / 100.02 KM
Geoffrey Watling Way, Norwich, Norfolk, NR1 £ 240,000BUY5 / 100.02 KM
Geoffrey Watling Way, Norwich £ 125,000BUY6 / 100.02 KM

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AddressPriceDistance
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280 King Street £ 340,0000.30 KM
254 King Street £ 165,0000.30 KM
290 King Street £ 255,0000.30 KM