Merchant Way, Norwich
WI

Merchant Way, Norwich

By William H. Brown

£ 200,000

Reviews

3 out of 5 stars

William H. Brown says ..

**RETIREMENT BUNGALOW** Located within a managed residential development for the "over 55's" and use of the delightful communal grounds, residents lounge and built in emergency response alarm! This home also comes with an enclosed low maintenance garden and would offer a straight move in feel!

Property Oracle says ..

This two-bedroom detached bungalow is situated in a retirement development in Hellesdon, a suburb of Norwich. The property benefits from a convenient location with relatively easy access to Norwich city centre (approximately 5 km) and nearby schools. The images reveal a well-maintained exterior, a paved patio area providing some outdoor space, and a generally tidy interior. However, the interior decor shows its age and would likely benefit from modernizing to maximize its market appeal. The kitchen and bathroom appear functional but are showing their age. The property is marketed towards the over-55s demographic, a target market which may impact the price and desirability. The listing price appears in line with other similar properties in the area, but a definitive value assessment is challenging due to the lack of precise square footage information. Overall, it’s a reasonably priced option for those seeking a retirement bungalow in a convenient and accessible location, although potential buyers should be prepared for some level of renovation or modernization to bring the property up to current standards.

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
7
Condition
6
Location
7
Land
4
Bedrooms
2
Bathrooms
1

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
357,500.00 £
Increased by 17.20 %
from 305,047.00 £
Average area rental value
1,250.00 £/mo
Increased by 11.11 %
from 1,125.00 £/mo
Est rental Yield
4.20 %
Decreased by 5.19 %
from 4.43 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • William H. Brown marked this listing as sold.

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Heather Avenue Infant SchoolAcademy Converter0.34 KM
Mile Cross Primary SchoolCommunity SchoolOutstanding0.69 KM
Firside Junior SchoolAcademy ConverterGood1.19 KM
Catton Grove Primary SchoolCommunity SchoolGood1.28 KM
Catton Grove, Fiddlewood And Mile Cross (Cfm) Children'S CentreChildren's Centre1.50 KM

Images

Outside

Nearby Streets

NameAverage PriceAverage SqftDistance
Heath Close £ 325,00000.00 KM
Woodward Road £ 000.00 KM
Knights Road £ 215,00000.00 KM
Burgess Road £ 000.00 KM
Hansard Road £ 252,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW5.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merchant Way, Norwich £ 190,000BUY6 / 100.00 KM
Merchant Way, Norwich £ 200,000BUY6 / 100.00 KM
Merchant Way, Hellesdon £ 170,000BUY6 / 100.00 KM
Merchant Way, Hellesdon £ 190,000BUY7 / 100.03 KM
Merchant Way, Hellesdon, Norwich, Norfolk, NR6 £ 170,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
10 Merchant Way £ 172,0000.00 KM
2 Merchant Way £ 76,0000.00 KM
40 Merchant Way £ 105,0000.00 KM
3 Merchant Way £ 80,0000.00 KM
30 Merchant Way £ 145,0000.00 KM