MAGPIE ROAD, NORWICH
MI

MAGPIE ROAD, NORWICH

By Mills Knight

£ 185,000

Reviews

2 out of 5 stars

Mills Knight says ..

A TWO BEDROOM OVER THE PASSAGE TERRACE HOUSE SITUATED JUST NORTH OF THE CITY CENTRE

Property Oracle says ..

This two-bedroom terraced house located on Magpie Road in Norwich’s Sewell area presents a mixed bag. Its key advantage lies in its location, offering relative proximity to Norwich city centre, good schools, and transport links. Magdalen Gates Primary School, rated ‘Good’ by Ofsted, is within easy walking distance, making it an attractive option for families. The city centre and Norwich railway station are also relatively easily accessible.

However, the property’s condition is a significant factor to consider. The photographs reveal a somewhat dated interior that requires modernisation and renovation. Walls display wear, and the kitchen and bathroom appear quite basic and require upgrades. The potential repair costs should be factored into any purchase decision.

The absence of a sizeable garden is another notable aspect. Given that it’s a terraced house in a city setting this might be expected, but should be noted in assessing lifestyle suitability.

The listing price of £185,000 needs to be evaluated against the condition and size, as well as the local market dynamics. While the price seems in line with or below the average of some comparable properties on Magpie Road, the lack of detailed information on the square footage of comparable properties makes it difficult to assess this definitively. The need for renovation may mean that the property requires significant investment in order to be brought up to market standards. Potential buyers should therefore factor in these costs and their impact on overall value.

In summary, the property offers a convenient location and proximity to amenities but needs significant modernisation and lacks outdoor space. A potential buyer should carefully weigh the benefits of the location against the cost of the necessary improvements before making a decision.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
882.64

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
226,667.00 £
Increased by 0.36 %
from 225,863.00 £
Est sale value
274,501.04 £
Increased by 16.48 %
from 235,664.88 £
Average area rental value
1,053.00 £/mo
Increased by 3.74 %
from 1,015.00 £/mo
Est letting value
882.64 £/mo
Unchanged by 0.00 %
from 882.64 £/mo
Est rental Yield
5.57 %
Increased by 3.34 %
from 5.39 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Mills Knight created the listing.

Nearby Schools

NameTypeOfstedDistance
Magdalen Gates Primary SchoolCommunity SchoolGood0.30 KM
Angel Road Junior SchoolAcademy Sponsor Led0.53 KM
Angel Road Infant SchoolAcademy Converter0.61 KM
North City Children'S CentreChildren's Centre0.62 KM
Jane Austen CollegeFree SchoolsGood0.70 KM

Images

Photo

Nearby Streets

NameAverage PriceAverage SqftDistance
Magpie Road £ 225,00000.00 KM
Old Whitings Court £ 000.00 KM
Sackville Place £ 000.00 KM
Saint Pauls Square £ 000.00 KM
Taylors Buildings £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW1.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Magpie Road, Norwich £ 185,000BUYUnknown0.04 KM
Stacy Road, Norwich £ 240,000BUY6 / 100.09 KM
Stacy Road, Norwich, NR3 £ 230,000BUY5 / 100.09 KM
Stacy Road, Norwich £ 230,000BUY7 / 100.09 KM
Guernsey Road, Norwich £ 165,000BUY5 / 100.12 KM

Nearby Properties

AddressPriceDistance
136 Magpie Road £ 121,0000.01 KM
83 Magpie Road £ 156,0000.01 KM
128 Magpie Road £ 122,5000.01 KM
63 Magpie Road £ 49,2500.01 KM
130 Magpie Road £ 153,5000.01 KM