Meadow Rise Close, Norwich
By William H. Brown
£ 525,000
Reviews
2 out of 5 stars
William H. Brown says ..
VERSATILE TWO STOREY CHALET STYLE HOME OFFERING POTENTIAL TO MODERNISE AND IMPROVE AND OFFERED WITH NO ONWARD CHAIN
Property Oracle says ..
This five-bedroom, one-bathroom property in Norwich’s University area presents a mixed bag. Its strong points include its location near highly-rated schools and Norwich city center, offering convenience and family appeal. The property also benefits from a garden, though its size and current state require further assessment. However, the property’s condition is a significant drawback. The provided photographs reveal an interior that is significantly dated and requires considerable modernisation. The kitchen and bathroom fittings appear worn, and the interior decor is outdated, necessitating a substantial investment to bring it up to modern standards. While the list price of £525,000 is within the range of other properties in the area, the absence of crucial details such as square footage and the substantial renovation needs raise concerns about its value proposition. Prospective buyers should factor in significant renovation costs when evaluating the overall cost and potential return on investment. Further details regarding the property’s specific size and the precise level of necessary repairs would be necessary to provide a more definitive valuation.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 5
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 265,714.00 £Increased by 17.36 %
- Average area rental value
- 1,105.00 £/moDecreased by 15.71 %
- Est rental Yield
- 4.99 %Decreased by 28.20 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown marked this listing as sold.
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Clare School | Foundation Special School | Outstanding | 0.23 KM |
| St Francis Of Assisi Catholic Primary School | Academy Converter | Good | 0.23 KM |
| Colman Junior School | Community School | Good | 0.26 KM |
| Colman Infant School | Community School | Outstanding | 0.31 KM |
| The Parkside School, Norwich | Foundation Special School | Outstanding | 0.92 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Westgate Close | £ 0 | 0 | 0.00 KM |
| Gunton Road | £ 0 | 0 | 0.00 KM |
| Birkdale | £ 600,000 | 0 | 0.00 KM |
| Claremont Road | £ 1,100,000 | 0 | 0.00 KM |
| Waverley Road | £ 750,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 4.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Meadow Rise Close, Norwich | £ 525,000 | BUY | 5 / 10 | 0.00 KM |
| Meadow Rise Road, Norwich, NR2 | £ 400,000 | BUY | 6 / 10 | 0.06 KM |
| Meadow Rise Close, Norwich, NR2 | £ 525,000 | BUY | 7 / 10 | 0.06 KM |
| Meadow Rise Close, Norwich, NR2 | £ 525,000 | BUY | 7 / 10 | 0.06 KM |
| Jessopp Road, Norwich | £ 425,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Meadow Rise Close | £ 195,000 | 0.00 KM |
| 10 Meadow Rise Close | £ 330,000 | 0.00 KM |
| 9 Meadow Rise Close | £ 357,500 | 0.00 KM |
| 2a Meadow Rise Close | £ 285,000 | 0.00 KM |
| 1 Meadow Rise Close | £ 269,950 | 0.00 KM |