Merchant Way, Norwich, Norfolk, NR6
WI

Merchant Way, Norwich, Norfolk, NR6

By Winkworth

£ 180,000

Reviews

2 out of 5 stars

Winkworth says ..

If you have been looking for an ideal property in which to retire, then this over 55’s two-bedroom detached bungalow with no onward chain is guaranteed to impress, with newly installed electric radiators and hot water cylinder, new consumer unit and a brand new kitchen with induction hob, n...

Property Oracle says ..

This two-bedroom detached bungalow in Hellesdon South East, Norwich, is listed at £180,000. The property is part of a retirement development for the over 55s, offering a potentially peaceful and low-maintenance lifestyle. The photos reveal a recently updated kitchen with modern appliances and a light, airy feel. Other areas of the property, such as the living room and bedrooms, appear to be in need of some cosmetic updating, with dated wallpaper and carpets. The property benefits from a small garden, providing some outdoor space. The location is reasonably convenient, being close to several schools and relatively near Norwich city centre. However, more information on local amenities and transport links would be beneficial. The price seems fair considering the recent kitchen renovation and comparable properties in the area, but a precise valuation would require more detailed information on the size of the property and the condition of the other rooms. The property is likely to appeal to retirees or those seeking a low-maintenance home in a relatively quiet residential area. The lack of precise plot size information is a notable omission.

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
7
Condition
6
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
546.81

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 £
Est sale value
195,211.17 £
Increased by 12.26 %
from 173,885.58 £
Average area rental value
1,250.00 £/mo
Increased by 11.11 %
from 1,125.00 £/mo
Est letting value
546.81 £/mo
Unchanged by 0.00 %
from 546.81 £/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

  • Winkworth created the listing.

Nearby Schools

NameTypeOfstedDistance
Heather Avenue Infant SchoolAcademy Converter0.31 KM
Mile Cross Primary SchoolCommunity SchoolOutstanding0.73 KM
Firside Junior SchoolAcademy ConverterGood1.16 KM
Catton Grove Primary SchoolCommunity SchoolGood1.29 KM
Catton Grove, Fiddlewood And Mile Cross (Cfm) Children'S CentreChildren's Centre1.51 KM

Images

Front Communal Garden Lounge Kitchen Kitchen Lounge Bed 1 Bed 2 Kitchen Lounge Bed 1 Wet Room Rear Front Front Outside 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
Norwich7309NRW5.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
Merchant Way, Hellesdon £ 170,000BUY6 / 100.03 KM
Merchant Way, Norwich £ 190,000BUY6 / 100.04 KM
Merchant Way, Norwich £ 200,000BUY6 / 100.04 KM
Merchant Way, Hellesdon £ 190,000BUY7 / 100.04 KM
Reepham Road, Norwich £ 175,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
42 Merchant Way £ 53,5000.04 KM
41 Merchant Way £ 110,0000.04 KM
1 Merchant Way £ 125,0000.04 KM
31 Merchant Way £ 197,0000.04 KM
13 Merchant Way £ 160,0000.04 KM