Cotman House, 7 St. Martin at Palace Plain, Norwich, Norfolk NR3 1RN
By Auction House
£ 550,000
Reviews
3 out of 5 stars
Auction House says ..
SOLD AT AUCTION FOR £732,000
Property Oracle says ..
Cotman House, situated at 7 St. Martin at Palace Plain in Norwich, Norfolk, presents a unique opportunity within the city’s historic heart. The property is a brick building, showing its age and character, and is located close to Norwich city centre which boasts excellent transport links via Greater Anglia (1.01 KM). The property also benefits from its proximity to several schools; Norwich School (0.30KM), Norwich University of the Arts (0.52 KM), Magdalen Gates Primary School (0.66 KM), Charles Darwin Primary School (0.70 KM), and Jane Austen College (0.78 KM) making it a desirable location for families and students alike. It is noted that the property has sold previously at a significantly higher price. The property has a small, enclosed rear yard offering limited outdoor space. Interior photographs show a property that, while habitable, would benefit from some modernising and refurbishment to fully maximise its potential. Given the limited data provided, no definitive statement on the overall condition can be made, but the interior indicates that at least some work is necessary. The listing price, £550,000, needs to be considered alongside the size (which was not provided) and necessary renovations or upgrades. The lack of bedrooms and bathrooms mentioned in the property info requires clarification. Whilst the location is highly desirable, and the historical significance of the building may impact value, potential buyers should undertake a comprehensive survey and factor in renovation costs before making an offer.
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
- 8
- Land
- 3
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 228,472.00 £Decreased by 2.94 %
- Average area rental value
- 1,147.00 £/moIncreased by 1.96 %
- Est rental Yield
- 6.02 %Increased by 4.88 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Auction House marked this listing as sold.
Auction House created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Norwich School | Other Independent School | 0.30 KM | |
Norwich University Of The Arts | Higher Education Institutions | 0.52 KM | |
Magdalen Gates Primary School | Community School | Good | 0.66 KM |
Charles Darwin Primary School | Free Schools | Outstanding | 0.70 KM |
Jane Austen College | Free Schools | Good | 0.78 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Saint Edmund's Wharf | £ 325,000 | 0 | 0.00 KM |
Typesetters Way | £ 350,000 | 0 | 0.00 KM |
Printworks Drive | £ 345,000 | 0 | 0.00 KM |
Hook's Walk | £ 0 | 0 | 0.00 KM |
Sackville Place | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Norwich | 7309 | NRW | 1.01 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Cotman House, 7 St. Martin at Palace Plain, Norwich, Norfolk NR3 1RN | £ 550,000 | BUY | 6 / 10 | 0.00 KM |
Quayside, Norwich, Norfolk | £ 350,000 | BUY | 6 / 10 | 0.10 KM |
St. Edmunds Wharf, Norwich, Norfolk | £ 210,000 | BUY | 5 / 10 | 0.10 KM |
St. Edmunds Wharf, Norwich, NR3 | £ 575,000 | BUY | Unknown | 0.11 KM |
St. Edmunds Wharf, Norwich | £ 325,000 | BUY | 6 / 10 | 0.12 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
8 St Martin At Palace Plain | £ 110,500 | 0.00 KM |
3 St Edmunds Wharf | £ 542,500 | 0.10 KM |
2 St Edmunds Wharf | £ 205,000 | 0.10 KM |
17 St Edmunds Wharf | £ 129,000 | 0.10 KM |
14 St Edmunds Wharf | £ 450,000 | 0.10 KM |