City Centre, NR1
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City Centre, NR1

By AbbotFox

£ 150,000

Reviews

2 out of 5 stars

AbbotFox says ..

abbotFox presents this spacious, ground-floor apartment. Set within easy reach of Norwich City Centre, the train station and a wealth of amenities at the popular Riverside development this home affords an exceptional degree of convenience. With a private entrance, this home offers neatl...

Property Oracle says ..

This two-bedroom, one-bathroom apartment located in Norwich City Centre (NR1) is offered at a list price of £150,000. The property benefits from a convenient location, close to the train station and various amenities, and within easy reach of several well-regarded schools, such as Charles Darwin Primary School (Outstanding Ofsted rating) and The Free School Norwich (Good Ofsted rating). The apartment itself appears habitable, with a functional kitchen and bathroom. However, both the bathrooms and kitchen show signs of age and potential need for refurbishment. The interior decor is dated, and potential buyers may need to account for modernisation costs. The property’s photos do not show a private garden; instead, a communal outdoor space is provided. The limited outdoor space is a significant drawback. While the location is a key advantage, the age of the property and minimal land may impact its overall value. Nearby property prices range considerably. Therefore, potential buyers should carefully consider the renovation costs needed before making an offer. The proximity to transport links and good schools, however, is a significant selling point for families or those wanting easy access to the City Centre.

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
2
Bedrooms
2
Bathrooms
1
Sqft (est)
697.00

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
171,667.00 £
Decreased by 35.22 %
from 265,001.00 £
Est sale value
189,584.00 £
Increased by 4.21 %
from 181,917.00 £
Average area rental value
1,085.00 £/mo
Decreased by 1.45 %
from 1,101.00 £/mo
Est letting value
697.00 £/mo
Unchanged by 0.00 %
from 697.00 £/mo
Est rental Yield
7.58 %
Increased by 51.90 %
from 4.99 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • AbbotFox marked this listing as sold.

  • AbbotFox created the listing.

Nearby Schools

NameTypeOfstedDistance
Notre Dame High School, NorwichAcademy Converter0.40 KM
Charles Darwin Primary SchoolFree SchoolsOutstanding0.64 KM
The Free School NorwichFree SchoolsGood0.67 KM
Norwich Steiner SchoolOther Independent SchoolGood0.72 KM
Lakenham Primary SchoolFoundation SchoolGood0.80 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
King's Gate £ 000.00 KM
Saint Ann Lane £ 235,00000.00 KM
Argyle Street £ 135,00000.00 KM
Mariners Lane £ 000.00 KM
Swan Yard £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW0.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
Horns Lane, Norwich £ 170,000BUYUnknown0.06 KM
Normandie Tower, Norwich £ 110,000BUY5 / 100.08 KM
Rouen Road, Norwich £ 325,000BUYUnknown0.08 KM
Norwich, NR1 £ 100,000BUY5 / 100.09 KM
Skipper House, Ber Street, Norwich £ 270,000BUY5 / 100.16 KM

Nearby Properties

AddressPriceDistance
18 Horns Lane £ 160,0000.07 KM
14 Horns Lane £ 49,0000.07 KM
45 Horns Lane £ 115,0000.07 KM
46 Horns Lane £ 97,0000.07 KM
15 Horns Lane £ 112,5000.07 KM