17 Timberhill, together with Flats 1 & 2 Palmers Yard, Timberhill, Norwich, Norfolk, NR1 3JZ
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17 Timberhill, together with Flats 1 & 2 Palmers Yard, Timberhill, Norwich, Norfolk, NR1 3JZ

By Brown & Co Online Auctions

£ 395,000

Reviews

2 out of 5 stars

Brown & Co Online Auctions says ..

City centre commercial and residential investment opportunity. ** For Sale By Unconditional Online Auction - Auction Ends 19/03/2025 11:00 Guide price = £395,000 - £425,000 plus fees No. 17 Timberhill and Flats 1 & 2 Palmers Yard, Norwich form a single, three storey, mid-terr...

Property Oracle says ..

This property comprises a terraced house at 17 Timberhill, Norwich, along with flats 1 & 2 Palmers Yard. The location in the Mancroft area of Norwich is a significant advantage, offering proximity to the city centre’s amenities, transport links, and cultural attractions. Several schools are within walking distance. The exterior of the main house appears well-maintained, but the interior photos reveal a need for modernisation and potential repair in some areas, particularly the bathrooms. The kitchen areas in both the house and flats show some wear and tear. The property includes a small yard, which offers limited outdoor space. The overall condition is fair but could be improved with renovations. The list price of £395,000 should be considered in light of the necessary improvements and the limited land size, but the central Norwich location commands a premium. Potential buyers should factor in renovation costs when assessing the overall value. Further information on the size of the flats and the overall square footage would be beneficial for a more precise assessment of value.

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
5
Location
7
Land
2
Bedrooms
4
Bathrooms
0
Sqft (est)
599.55

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
171,667.00 £
Decreased by 35.22 %
from 265,001.00 £
Est sale value
163,077.60 £
Increased by 4.21 %
from 156,482.55 £
Average area rental value
1,085.00 £/mo
Decreased by 1.45 %
from 1,101.00 £/mo
Est letting value
599.55 £/mo
Unchanged by 0.00 %
from 599.55 £/mo
Est rental Yield
7.58 %
Increased by 51.90 %
from 4.99 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Brown & Co Online Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
The Free School NorwichFree SchoolsGood0.29 KM
Notre Dame High School, NorwichAcademy Converter0.43 KM
Norwich University Of The ArtsHigher Education Institutions0.47 KM
Sir Isaac Newton Sixth Form Free SchoolFree Schools 16 To 19Outstanding0.60 KM
Norwich SchoolOther Independent School0.68 KM

Images

Flat 1 Flat 1 Flat 1 Flat 2 Flat 1 Flat 1 Flat 1 Flat 1 Flat 2 Flat 2 Flat 2 Flat 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Level 3 £ 000.00 KM
Swan Lane £ 000.00 KM
Row C £ 000.00 KM
Saint Martin at Bale Court £ 400,00000.00 KM
Woburn Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
3 Palmers Yard, Timberhill, Norwich, Norfolk, NR1 3JZ £ 145,000BUY5 / 100.00 KM
Timberhill, Norwich £ 180,000BUY6 / 100.10 KM
City Centre, NR1 £ 250,000BUY7 / 100.14 KM
Norwich, NR1 £ 80,000BUYUnknown0.16 KM
Ber Street, Norwich £ 160,000BUY5 / 100.17 KM

Nearby Properties

AddressPriceDistance
5 Lion & Castle Yard £ 239,0000.04 KM
4 Lion And Castle Yard £ 245,0000.04 KM
5a Orford Street £ 200,0000.06 KM
23 Brooke Place £ 158,0000.31 KM
35 Brooke Place £ 134,9950.31 KM