Paper Mill Yard, Norwich
MI

Paper Mill Yard, Norwich

By Minors & Brady

£ 220,000

Reviews

3 out of 5 stars

Minors & Brady says ..

Set within a secure, gated riverside development, this stylish third-floor apartment offers modern living in a peaceful yet central location. The spacious open-plan layout is bathed in natural light thanks to floor-to-ceiling windows, with a well-appointed kitchen, generous living area, and two s...

Property Oracle says ..

The property is a 2 bedroom apartment located in Paper Mill Yard, Norwich. It is situated in the Lakenham area and benefits from being within 1km of several schools including Charles Darwin Primary School (Outstanding Ofsted rating) and Lakenham Primary School (Good Ofsted rating). Norwich Train Station is also conveniently located approximately 0.73km away.

The apartment itself appears to be in good condition based on the provided images. The interior is modern and well-presented, with a contemporary kitchen and bathroom. There is evidence of ample storage throughout the property. The external communal areas are also well-maintained, as shown in the exterior photograph.

While the plot size is noted as 1,095 sqft, the images do not show a private garden. The property’s communal grounds are visible however.

The list price of £220,000 is slightly below the average price of £250,893 for the area. Considering the size of the apartment (1014.45 sqft) and its modern condition, the price per sqft is lower than the average price per sqft in the area (£327). However, nearby comparable properties are listed at lower prices, suggesting that the list price may be slightly optimistic. Further investigation into the specific features and amenities included in the price would be beneficial to determine a more precise valuation.

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
9
Location
8
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
1,014.45
Lot (est)
1,095.00

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
286,250.00 £
Increased by 20.30 %
from 237,951.00 £
Est sale value
322,595.10 £
Increased by 16.48 %
from 276,944.85 £
Average area rental value
1,063.00 £/mo
Increased by 3.30 %
from 1,029.00 £/mo
Est letting value
1,014.45 £/mo
Unchanged by 0.00 %
from 1,014.45 £/mo
Est rental Yield
4.46 %
Decreased by 14.07 %
from 5.19 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Minors & Brady created the listing.

Nearby Schools

NameTypeOfstedDistance
Charles Darwin Primary SchoolFree SchoolsOutstanding0.94 KM
Lakenham Primary SchoolFoundation SchoolGood0.99 KM
Norwich Steiner SchoolOther Independent SchoolGood1.05 KM
Notre Dame High School, NorwichAcademy Converter1.23 KM
Norwich SchoolOther Independent School1.43 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Winkles Row £ 000.00 KM
Argyle Street £ 135,00000.00 KM
Old School Court £ 180,00000.00 KM
Broom Close £ 000.00 KM
Marlborough Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW0.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
Paper Mill Yard, Norwich, Norfolk £ 180,000BUYUnknown0.00 KM
Paper Mill Yard, Norwich £ 155,000BUY5 / 100.00 KM
Granary View, Paper Mill Yard, Norwich, Norfolk £ 200,000BUY6 / 100.00 KM
Granary View, Norwich £ 225,000BUY5 / 100.01 KM
Geoffrey Watling Way, NR1 £ 175,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
290 King Street £ 255,0000.16 KM
274 King Street £ 43,0000.16 KM
254 King Street £ 165,0000.16 KM
280 King Street £ 340,0000.16 KM
29 Carrow Hill £ 365,0000.17 KM