William H. Brown says ..
***GUIDE PRICE £290,000 - £300,000 - PRODUCING OVER 7.2% RETURN*** An extended property located on the doorstep of the UEA being sold with tenants in situ for 2024/2025 & 2025/2026 academic years.
Property Oracle says ..
This four-bedroom semi-detached property in Shepherd Close, Norwich, is located near the University of East Anglia, making it an attractive option for student rentals or families with children attending nearby schools. The house has undergone an extension, resulting in a modern kitchen and open-plan living area. This open plan design is complemented by the addition of skylights, creating a bright and spacious environment. The property also features multiple bathrooms. However, the presented images reveal a need for some tidying and minor maintenance work. The garden is small but enclosed providing a degree of privacy and is primarily paved. The location benefits from proximity to highly-rated primary schools, further enhanced by the close proximity to the University of East Anglia, however Norwich City centre is over 6km away. The listing price of £290,000 appears reasonable, especially in the context of the current rental market. The lack of precise square footage information however makes a detailed comparison with other properties difficult.
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
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
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
- 265,714.00 £Increased by 17.36 %
- Est sale value
- 361,000.00 £Increased by 28.93 %
- Average area rental value
- 1,105.00 £/moDecreased by 15.71 %
- Est letting value
- 1,000.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.99 %Decreased by 28.20 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| West Earlham Junior School | Community School | Good | 0.38 KM |
| West Earlham Infant And Nursery School | Community School | Outstanding | 0.38 KM |
| City Academy Norwich | Academy Sponsor Led | Requires improvement | 0.39 KM |
| University Of East Anglia | Higher Education Institutions | 0.84 KM | |
| Earlham Nursery School | Local Authority Nursery School | Outstanding | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hanbury Close | £ 0 | 0 | 0.00 KM |
| George Dance Place | £ 0 | 0 | 0.00 KM |
| Jamieson Place | £ 0 | 0 | 0.00 KM |
| Gunton Lane | £ 0 | 0 | 0.00 KM |
| Leewood Crescent | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Norwich | 7309 | NRW | 6.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Shepherd Close, Norwich | £ 290,000 | BUY | 6 / 10 | 0.00 KM |
| Priscilla Close, Near The UEA, NR5 | £ 250,000 | BUY | 6 / 10 | 0.03 KM |
| Friends Road, Norwich | £ 350,000 | BUY | 5 / 10 | 0.06 KM |
| Cunningham Road, Norwich | £ 280,000 | BUY | 6 / 10 | 0.11 KM |
| Mottram Close, Norwich | £ 270,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Shepherd Close | £ 190,000 | 0.02 KM |
| 5 Shepherd Close | £ 105,000 | 0.02 KM |
| 25 Friends Road | £ 125,000 | 0.06 KM |
| 28 Friends Road | £ 82,000 | 0.06 KM |
| 42 Friends Road | £ 129,500 | 0.06 KM |