Bathurst Road, Off Unthank Road, Golden Triangle
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Bathurst Road, Off Unthank Road, Golden Triangle

By Russen & Hill Estate Agents

£ 450,000

Reviews

2 out of 5 stars

Russen & Hill Estate Agents says ..

***** INVESTORS/DEVELOPERS BE QUICK to view this FIVE BEDROOM TOWNHOUSE which is SPLIT INTO 4 SEPARATE FLATS which could benefit from updating. The property consists of 3 x ONE BEDROOM FLATS a 1 x TWO BEDROOM FLAT, an enclosed rear garden, making this property a great BUY TO LET INVESTMENT *****

Property Oracle says ..

This five-bedroom townhouse located in Norwich’s Golden Triangle is presented as a potential investment opportunity. The property currently consists of four separate flats, each requiring significant modernisation. The exterior presents a relatively standard terraced house appearance, though the images reveal a clear need for substantial interior renovations. Many rooms show signs of wear and tear, with damaged flooring, walls needing repainting, and outdated fixtures and fittings. The garden is present but appears unkempt and small. Given the significant investment needed for repairs and improvements, the list price of £450,000 should be carefully considered. The listing highlights potential as a buy-to-let investment. However, a detailed cost analysis of renovations is crucial for any prospective buyer to evaluate the financial viability of this investment, in addition to a per sqft comparative analysis with other properties in the surrounding areas. A thorough survey of the structure is required to identify any hidden structural issues. The property’s location in the Golden Triangle does offer significant long-term potential, but the immediate condition represents substantial upfront costs.

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
6
Condition
4
Location
7
Land
3
Bedrooms
5
Bathrooms
4
Sqft (est)
1,538.00

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
222,288.00 £
Decreased by 15.84 %
from 264,112.00 £
Est sale value
379,886.00 £
Decreased by 4.63 %
from 398,342.00 £
Average area rental value
1,121.00 £/mo
Increased by 10.01 %
from 1,019.00 £/mo
Est letting value
1,538.00 £/mo
Unchanged by 0.00 %
from 1,538.00 £/mo
Est rental Yield
6.05 %
Increased by 30.67 %
from 4.63 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Russen & Hill Estate Agents marked this listing as sold.

  • Russen & Hill Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Red Balloon - NorwichOther Independent School0.40 KM
Avenue Junior SchoolCommunity SchoolGood0.67 KM
City And Eaton Children'S CentreChildren's Centre0.73 KM
Notre Dame Preparatory School (Norwich) LimitedOther Independent School0.73 KM
The Parkside School, NorwichFoundation Special SchoolOutstanding0.92 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Elms £ 000.00 KM
Chester Place £ 1,250,00000.00 KM
Havelock Road £ 250,00000.00 KM
Johnston Place £ 000.00 KM
Earlham Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW3.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bathurst Road, Norwich £ 475,000BUY5 / 100.04 KM
Grosvenor Road, Norwich, NR2 £ 525,000BUY6 / 100.07 KM
Grosvenor Road, Norwich, NR2 £ 500,000BUYUnknown0.07 KM
Grosvenor Road, Norwich, NR2 £ 850,000BUY7 / 100.07 KM
Mill Hill Road, Norwich £ 100,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
8 Bathurst Road £ 530,0000.02 KM
34 Bathurst Road £ 192,0000.02 KM
10 Bathurst Road £ 512,0000.02 KM
1 Bathurst Road £ 680,0000.02 KM
32 Bathurst Road £ 200,0000.02 KM