Cotman House, 7 St. Martin at Palace Plain, Norwich, Norfolk NR3 1RN
AU

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

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
228,472.00 £
Decreased by 2.94 %
from 235,387.00 £
Average area rental value
1,147.00 £/mo
Increased by 1.96 %
from 1,125.00 £/mo
Est rental Yield
6.02 %
Increased by 4.88 %
from 5.74 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Auction House marked this listing as sold.

  • Auction House created the listing.

Nearby Schools

NameTypeOfstedDistance
Norwich SchoolOther Independent School0.30 KM
Norwich University Of The ArtsHigher Education Institutions0.52 KM
Magdalen Gates Primary SchoolCommunity SchoolGood0.66 KM
Charles Darwin Primary SchoolFree SchoolsOutstanding0.70 KM
Jane Austen CollegeFree SchoolsGood0.78 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Edmund's Wharf £ 325,00000.00 KM
Typesetters Way £ 350,00000.00 KM
Printworks Drive £ 345,00000.00 KM
Hook's Walk £ 000.00 KM
Sackville Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cotman House, 7 St. Martin at Palace Plain, Norwich, Norfolk NR3 1RN £ 550,000BUY6 / 100.00 KM
Quayside, Norwich, Norfolk £ 350,000BUY6 / 100.10 KM
St. Edmunds Wharf, Norwich, Norfolk £ 210,000BUY5 / 100.10 KM
St. Edmunds Wharf, Norwich, NR3 £ 575,000BUYUnknown0.11 KM
St. Edmunds Wharf, Norwich £ 325,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
8 St Martin At Palace Plain £ 110,5000.00 KM
3 St Edmunds Wharf £ 542,5000.10 KM
2 St Edmunds Wharf £ 205,0000.10 KM
17 St Edmunds Wharf £ 129,0000.10 KM
14 St Edmunds Wharf £ 450,0000.10 KM